Despite all the ominous press being devoted to the soon-to-be-inverted yield curve, it's not always clear why such a thing matters. In other words, how, exactly does a line on a graphContinue...Read More
We are now in the very final stages of the most remarkable era of alchemy in the history of finance. This cycle started inContinue...Read More
If we want to know where Gold is going we should follow Gold. Right?How about following gold stocks? At times, they lead Gold.Continue...Read More
Jesse Ventura, is an American politician, actor, author, Navy Seal, and former professional wrestler who served as the 38th Governor of Minnesota from 1999 to 2003. Ventura remains politically active and currently hosts a show on Ora TV called Off the Grid. He has publicly contemplated a run for President of the United States in 2016. Jesse has written a handful of books. Among these are DemoCRIPS...Read More
"They have to stay. If they leave and there isn't a solution for Syria, it will be catastrophic." Continue...Read More
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
"According to military envoys, Russian authorities have made a decision (and Venezuelan President Nicolas Maduro did not object) to deploy strategic aircraft to Continue...Read More
There a number of causal factors that have contributed to this lack of retirement preparedness (decades of stagnant real wages, fast-rising cost of living, the Great Recession, etc), Continue...Read More
Fund manager Adrian Day discusses the recent drill results announced by a prospect generator. Evrim Resources Corp. (EVM, To., 0.32) released on December 6 very disappointing results from its eagerly anticipated initial drilling at its Cuale project in Jalisco, Mexico. To call drilling a complete dud might be an exaggeration, but certainly there was nothing that lived up to the expectations engen...Read More
Cocoa's 2016-7 bear market reversal was in total harmony with one kind of analysis If financial markets were styles of music, equities, especially the most stable Big Board stocks, are like great classical compositions: They're made up of consistent, steady tempos you could listen to all day with the occasional booming or crashing note.Commodities are different. They're the jazz players deliverin...Read More
EWF Lewis : Firstly, the GDX ETF was created in 2006. From there it bounced higher into the September 2011 highs. This not shown on the chart however the price trend was obviously up. The pullback lower into the January 2016 lows corrected the cycle from the all time highs. The bounce from the January 2016 lows was strong enough to suggest it was no longer pulling back lower. It ended that bullish...Read More
LONDON, 14 December 2018 - Gold prices have done "remarkably well in 2018" says leading US investment site MarketWatch, quoting comment from BullionVault."Faced with rising interest rates and new record highs in the stock market, gold has done remarkably well," says Adrian Ash, director of research at BullionVault, "especially as consumer demand weakened even as mining output sets a new all-time h...Read More
This week I've been in Washington, D.C. for high level meetings focused on the economy. While meeting with senior officials and members of the House and Senate, it became clear that a troubling phenomenon is building.Your correspondent at the Eccles Federal Reserve Board Building in Washington D.C.In the wake of recent stock market volatility and uncertainty surrounding monetary policy, it seems t...Read More
In this new edition of Real Conversations, Goldmoney Founder and CEO Roy Sebag sits down with Hedgeye Continue...Read More
Firestone Diamonds has recovered a 46 ct white diamond, from its Liqhobong mine, in Lesotho.The diamond was recovered undamaged and will go on sale at the next tender, which is scheduled to take place at the end of January 2019.AdvertisementIn a statement on Friday, the company also reported a stabilisation in pricing for the smaller, lower-value diamonds on offer at a sale concluded on December 7...Read More
Media coverage of the diamond industry in 2018 has been dominated by the inroads made in terms of laboratory-created diamond production and distribution, as well as their pricing dynamics, independent diamond expert Paul Zimnisky observed in a statement on his website, published last month. He commented that several new players had entered the synthetic-diamond space, and that improved production...Read More
The Angolan government in early December approved the new regulations concerning the commercialisation of diamonds, the Macauhub news agency has reported.The country’s Council of Ministers (Cabinet) approved the regulations on December 5. The official title of the new set of rules is the Technical Regulation of the Commercialisation of Rough Diamonds.AdvertisementStrategic ObjectivesThe new...Read More
LONDON – The biggest diamond ever found in North America has been unearthed by Dominion Diamond Mines and Rio Tinto Group at a mine in Canada’s frozen north.The 552 ct yellow gem was found at the Diavik mine in the Northwest Territories, and is almost three times the size of the next largest stone ever found in Canada. While Diavik and the neighboring Ekati mine produce some...Read More
Dutch bank Rabobank, international trading firm Concord Resources and warehousing firm PGS are developing a blockchain trading platform for the metal repo financing business, the companies said.The parties signed a letter of intent and have already started developing the system, known as Beyond Commodities. Its goal is to drive efficiencies, traceability and transparency in metals trading - specif...Read More
Since its merger with Xstrata, Glencore - previously a trading and marketing firm - has become a mining firm whose earnings before interest, taxes, depreciation and amortization is dominated by earnings from its industrial activities. The recent appointment of Peter Freyberg as head of the company's industrial mining assets, a newly created position with oversight and responsibility for all Glenco...Read More