Continue...Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
ABC's reboot of the Roseanne show is a total flop - coming in dead last in ratings this week, according to Showbiz 411, which adds that just one more episode has been ordered. Continue...Read More
It has been a rough year for gold stock investors. Since Gold failed to break to the upside and the US Dollar bottomed,Continue...Read More
Gold's volatile ride continued on Thursday as the U.S. dollar pulled back from its strongest levels in monthsContinue...Read More
CloseGain/LossGold $1233.20+$16.30Silver$14.74+$0.46XAU67.19+4.52%HUI149.73+4.84%GDM544.52+3.60%JSE Gold1139.52-24.28USD96.27-0.74Euro114.11+0.86Yen88.87+0.25Oil$63.69-$1.6210-Year3.139%-0.008T-Bond138.50+0.375Dow25380.74+1.06%Nasdaq7434.06+1.75%S&P2740.37+1.06% The Metals: Gold climbed steadily higher throughout most of world trade and ended near its midafternoon New Yor...Read More
CloseGain/LossGold $1233.20+$16.30Silver$14.74+$0.46XAU67.19+4.52%HUI149.73+4.84%GDM544.52+3.60%JSE Gold1139.52-24.28USD96.27-0.74Euro114.11+0.86Yen88.87+0.25Oil$63.69-$1.6210-Year3.139%-0.008T-Bond138.50+0.375Dow25380.74+1.06%Nasdaq7434.06+1.75%S&P2740.37+1.06% The Metals: Gold climbed steadily higher throughout most of world trade and ended near its midafternoon New Yor...Read More
By Ira EpsteinChina and the US talk which caused gold to rally.https://www.iraepstein.com/ Read More
By Dave KranzlerOne of the proprietors of StockBoardAsset.com tweeted about two weeks ago wondering when the stock market was going to start pricing in a slow-down in the economy. To that I responded by pointing out that the DJ Home Construction index is starting to price in a housing market crash. Residential construction + all economic activity connected to selling and financing existing homes...Read More
By Frank HolmesAs the stock market bull potentially nears the end of its run and we head into the last two months of 2018, many investors are making adjustments to their portfolios. Over the course of my travels and in conversations with other industry experts, I'm constantly reminded the importance of: 1) understanding the difference between investing and speculating, and 2) understanding ris...Read More
Gold has once again fallen into a rut, dropping moderately for three consecutive days. This has occurred with the December contract having failed by $8 to achieve a $1254.10 rally target I'd flagged. The futures have since made a tentative bottom 0.60 above the $1212.80 correction target where I'd suggested bottom-fishing. We narrowly missed catching the $5.40 rally that ensued, but will it ge...Read More
In our latest video update, we consider the performance of markets in a volatile October. Stock markets globally fell sharply while gold acted as a hedge in all currencies, rising 1.7% in dollars, 4.4% in euro terms and 4.2% in sterling terms.Stocks Fall Sharply in OctoberThe S&P 500 is just short of a 10% decline from its record September high and remains on pace for the worst month since 2009....Read More
CloseGain/LossGold $1233.20+$16.30Silver$14.74+$0.46XAU67.19+4.52%HUI149.73+4.84%GDM544.52+3.60%JSE Gold1139.52-24.28USD96.27-0.74Euro114.11+0.86Yen88.87+0.25Oil$63.69-$1.6210-Year3.139%-0.008T-Bond138.50+0.375Dow25380.74+1.06%Nasdaq7434.06+1.75%S&P2740.37+1.06% The Metals: Gold climbed steadily higher throughout most of world trade and ended near its midafternoon New Yor...Read More
CLICK ON CHART TO ENLARGEThis chart looks at the King Dollar over the past 10-years. It remains in a long-term uptrend, creating a series of higher lows and higher highs inside of rising channel (1). King$ has spent the majority of the past 3-year trading sideways between 90 and 105.In August King$ created a weekly bearish reversal pattern and sold off a small percentage (3%). The rally over the...Read More
Rising expectations for holiday season as ConferenceBoard's US consumer confidence index hits 18-year high in October. Steady USdemand for 1 ct., G-J, VS-SI, RapSpec A3+ diamonds, but polished pricessoftening amid India liquidity concerns. 1 ct. RAPI -0.9% in October. Roughmarket quiet, with factories closing for next week's Diwali festival. Jewelersreducing in-store inventory, using technology to...Read More
Cautious sentiment amid several bankruptcy rumors. Polished trading steadyas dealers fill orders before the November 7 Diwali break. Consistent demandfor SI-I1 clarities in all categories. Chinese buyers drive improvement inmelee. Sales-and-distribution offices closing for one week over Diwali, andsmaller Surat factories shutting for three-to-four weeks. RoundRead More
RAPAPORT... Pink and blue fancy-color diamonds saw price increases inthe third quarter, while yellows dipped, according to the Fancy Color ResearchFoundation (FCRF).The organization's Fancy Color Diamond Index for pinks grew0.4% versus the previous quarter, while prices of blues rose 0.7%, the FCRFsaid Thursday. Rates for yellow fancy-color diamonds dropped 1%, with theoverall index down 0.1%."The...Read More
RAPAPORT... Gem Diamonds has increased its production and sales outlook forthe year after robust output during the third quarter, it said Wednesday. The miner now expects to recover 120,000 to 124,000 caratsfrom its Let??eng mine in Lesotho for the whole of 2018, compared with a forecast of 114,000to 118,000 carats it provided in March. It also anticipates selling 118,000 to122,000 carats, up...Read More
RAPAPORT... Lab-grown diamonds will feature at some of the largest US retailers this holiday season, with J.C. Penney, Macy's and Jewelry Television (JTV) anticipating strong growth in the category. Berkshire Hathaway subsidiary Richline Group will supply a new brand featuring lab-grown diamonds to J.C. Penney, the companies said in a joint statement Tuesday. The bridal collection,...Read More
RAPAPORT... Lin Qiang has succeeded Yoram Dvash as vice president ofthe World Federation of Diamond Bourses (WFDB), with the latter taking on a newrole as head of a strategic body.Qiang has served as president of the Shanghai Diamond Exchangesince its establishment in 2000. His election at the WFDB comes after Dvashstood down earlier this year to focus on his role as president of the IsraelDiamond...Read More
(IDEX Online News) - The IDEX polished diamond price index was down slightly in October, declining very slightly during the month. &nbs...Read More