Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate cuts.But short-term sentiment aside, there are plenty of reasons to remain bullish on the yellow metal.The Fed appeared to surrender to inflation at its December meeting. While the central bank held rates steady, it signal...Read More
With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again.Bitcoin still offers the potential to serve as a form of honest money and to end-run the central bankers and politicians who have abused the fiat system so badly. Yet some proponents still market the crypto asset as &ldqu...Read More
Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate cuts.But short-term sentiment aside, there are plenty of reasons to remain bullish on the yellow metal.The Fed appeared to surrender to inflation at its December meeting. While the central bank held rates steady, it signal...Read More
With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again.Bitcoin still offers the potential to serve as a form of honest money and to end-run the central bankers and politicians who have abused the fiat system so badly. Yet some proponents still market the crypto asset as &ldqu...Read More
Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate cuts.But short-term sentiment aside, there are plenty of reasons to remain bullish on the yellow metal.The Fed appeared to surrender to inflation at its December meeting. While the central bank held rates steady, it signal...Read More
With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again.Bitcoin still offers the potential to serve as a form of honest money and to end-run the central bankers and politicians who have abused the fiat system so badly. Yet some proponents still market the crypto asset as &ldqu...Read More
Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate cuts.But short-term sentiment aside, there are plenty of reasons to remain bullish on the yellow metal.The Fed appeared to surrender to inflation at its December meeting. While the central bank held rates steady, it signal...Read More
With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again.Bitcoin still offers the potential to serve as a form of honest money and to end-run the central bankers and politicians who have abused the fiat system so badly. Yet some proponents still market the crypto asset as &ldqu...Read More
Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate cuts.But short-term sentiment aside, there are plenty of reasons to remain bullish on the yellow metal.The Fed appeared to surrender to inflation at its December meeting. While the central bank held rates steady, it signal...Read More
With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again.Bitcoin still offers the potential to serve as a form of honest money and to end-run the central bankers and politicians who have abused the fiat system so badly. Yet some proponents still market the crypto asset as &ldqu...Read More
Global Analyst Adrian Day discusses revenue misses and new CEOs as gold companies turn a leaf on the old year. Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) new CEO Jason Attew said his goal was to continue building on the progress that has been made in Osisko becoming a traditional royalty company.In a one-on-one conversation last week, he said, "There will be no backsliding on that," adding, "The...Read More
Seabridge Gold Corp.'s application for "substantially started" status for its KSM project in British Columbia has been submitted, according to RBC Capital Markets.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) has submitted an application for "substantially started" status for its KSM project in British Columbia, according to RBC Capital Markets analyst Michael Siperco in a January 17 report.If approv...Read More
(IDEX Online) - Louis Vuitton is launching a jewelry collection featuring a unique Monogram Star diamond cut - replicating the fashion brand's famous pattern, as used in handbags, suitcases, leather goods and accessories.Diamonds cut as a 53-facet four-pointed star are being set in rings, earrings and pendant necklaces that will be launched next week in Singapore as part of the LV Diamonds co...Read More
(IDEX Online) - Diamond production in Angola will increase by 50 per cent this year, from 9.7m carats in 2023 to 14.6m carats, says the national diamond company Endiama.And revenue will climb from $1.51bn in 2023 to $2.5bn this year, Jose Ganga Junior, chairman of Endiama's board of directors, told a press conference. He said the production plan for 2024 was "quite challenging".Angola forecas...Read More
(IDEX Online) - A jewelry store manager in New York admitted selling lab grown diamonds as natural, and stealing more than $137,000 in jewelry from customers.Laura Bee, aged 59, switched the $15,000 natural diamond in a friend's engagement ring for a $2,000 lab grown when she took it for repair.She pleaded guilty to grand larceny in the third degree while working at Ever Love Jewelry in...Read More
(IDEX Online) - India's exports of polished diamonds slid again during December, but rough imports soared, as expected, after the two-month voluntary ban.Foreign sales during the month fell almost 22 per cent to just $862m compared to $1.1bn in November, according to new figures from the GJEPC (Gem and Jewellery Export Promotion Council). Exports were $1.26bn in October and $1.67bn in Se...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 21 points at 8:35 AM EST.Index futures were unchanged following release of the January Philly Fed Index at 8:30 AM EST. Consensus was -7.0 versus -10.5 in December. Actual was -10.6Charles Schwab dropped $0.86 to $63.45 after reporting less than consensus fourth quarter revenues. Discover Financial Services dropped $9....Read More
We are informed that former president Trump if democratically reelected is a dictator in waiting.He will swallow the key to the ballot box, we are told. And with it, American liberty.Down his gullet both democracy and liberty will go.Are the man's foes correct? Are they incorrect?As most Americans, your editor was reared in the democratic religion. Thus dictatorship ranks with communism, fasci...Read More
I was poking around X.com when I ran into a post from Glenn Diesen (@Glenn_Diesen). Glenn is a geopolitical analyst and author who's appeared on one of my favorite geopolitical YouTube channels, The Duran.Glenn's post was about the Slovakian Prime Minister, Robert Fico, and his op-ed in the Slovakian newspaper, Pravda.I just read that editorial. It's brilliant, and I want to share it with you.Ther...Read More
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