There is an age-old relationship between prices and interest rates that Keynesian economists have called a paradox ("Gibson's Paradox"). The relationship was clearer during the Gold Standard era, but as I explained in a previous post it is still apparent if prices are measured in gold.To understand "Gibson's Paradox" and why it actually isn't a paradox, refer to the earlier post linked above. Su...Read More
Only one digit has changed. But it may have profound consequences, sending the country closer to junk status. Meanwhile, Rome and Brussels clash over budget plan. Will that duel benefit or harm the yellow metal? Only One Notch Above Being Junk Italian drama continues. On Friday, Moody's, one of the most significant rating agencies in the world, downgraded the Italian credit rating from Baa2 to...Read More
- Gold rallied "as stocks retreated" and "market risk became more systemic"- As stock sell-off became systemic globally, gold rose meaningfully - World Gold Council- IMF Global Financial Stability report highlights an increase in level of risk among multiple global metrics - WGC Investment Update*Happy 15th Birthday GoldCore*via Gold.orgThe latest IMF Global Financial Stability report (release...Read More
Bix says if you believe in the monetary metals, there is no reason to hold gold as silver will give you 50 times the performance. Here's why...by Bix Weir from Road to RootaThe long abused silver and gold bugs are hanging on for dear life due to the MASSIVE price manipulation from the Exchange Stabilization Fund manager Steve Mnuchin. Keep the Faith!Read More
RAPAPORT... A brand-management company that owns the Marilyn Monroeestate has bought the trademark rights to "Diamonds Are a Girl's Best Friend"at an auction of assets belonging to Nirav Modi's US businesses. ABG Intermediate Holdings, which trades as Authentic BrandsGroup (ABG), acquired the intellectual property related to the actress and singer'sfamous song title for $50,000 last month, accordi...Read More
RAPAPORT... De Beers' production fell 5% to 8.7 million carats in thethird quarter due to planned reductions in mining volumes in Botswana and SouthAfrica. The miner processed lower-grade ore at its Jwaneng mine inBotswana, resulting in overall output for Debswana - its joint venture with thenation's government - declining 6% to 5.7 million carats. It also carried out a scheduled shutdown of...Read More
RAPAPORT... The World Jewellery Confederation (CIBJO) has proposedit work with other industry groups to consult with the US Federal TradeCommission (FTC) over its fiercely debated diamond terminology.Industry leaders attending the October 15 to 17CIBJO Congress in Bogot??, Colombia, called for the sector to relay a clearer message toconsumers when marketing diamonds, whether natural or laboratory-...Read More
(IDEX Online) - De Beers reported that rough diamond production for Q3 decreased 5% to 8.7 million carats due to planned volume reductions in Botswana (Debswana) and South Africa (DBCM). In Botswana, production declined 6% to 5.7 million carats due to the planned processing of lower grade material at Jwaneng. Production at Orapa remained in line with Q3 2017 at 2.6 million carats. In...Read More
(IDEX Online) - ALROSA has posted a 2% rise on the year in diamond output in the third quarter of this year, but an 11% decrease in the first nine months of 2018. The miner reported that diamond production grew by 23% on the previous quarter in Q3 to 10.5 m carats due to seasonal growth in output at alluvial deposits, an increase in ore and gravels processing, and the ramp-up of the...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesIt raised the platinum production guidance to 2.45-2.5 million ounces from the previous 2.4-2.45Moz due to strong performances across the portfolio. It also tightened the palladium guidance from...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGalan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithiumKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesThe Mengapur project on the Central Belt of the Malay Peninsula now hosts an indicated resource of 39.5 mi...Read More
Look beyond market approach to project valuations: van ZylLeadershipGalan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithiumKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesOne simple solution to optimize your underground operationSPONSOREDkomatsu The notes have about US$439.2 million outstanding.Lundin also announced a revamped c...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resources "Hudbay routinely engages with shareholders and carefully considers their input. To the company's knowledge, the shareholder has been invested in the company only a short time," a spokesman said in response to questions sent by Mining Journal.He was referring to dissident shareholder Waterton Global Resource Management, whose funds col...Read More
More...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subsc...Read More
Firm dollar and equity sell-off hit...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
Aluminium LME aluminium prices continue to test...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the l...Read More
Week in review: Down last week... ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon a...Read More
Lead prices drop back into...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it&...Read More
Smaller deficit reported for August feels more realistic...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download t...Read More
Week in review The LME 3M...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it&#...Read More