"The Democratic Party is a much more diverse political party, attracting people who are African-American, Latino, LGBT, whatever the reason why people feel more comfortable where Continue...Read More
Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
Volcker openly criticizes his Fed successors over inflation targeting. He is correct yet he did not go far enough.Continue...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time...Read More
"Russia has a sizable presence in the north, also off Norway...Large [Russian] forces take part in maneuvers and they practice regularly," he added.Continue...Read More
Canadian mining titan Barrick Gold is reportedly considering the addition of nine of the world's top gold mines in the near-term.Continue...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
RAPAPORT... Petra Diamonds has appointed former De Beers executive VardaShine as a non-executive director in line with a plan to refresh its leadership,the miner said Monday. Shine was CEO of the Diamond Trading Company - now DeBeers Global Sightholder Sales - between 2006 and 2014, during which sheoversaw the division's move from London to Gaborone. She is currently an independent director of th...Read More
RAPAPORT... De Beers has signed up Alrosa to its blockchain pilot, bringingthe world's two largest diamond producers together for the source-verificationproject. "We believe tracing requires industry cooperation andcomplementation for the sake of a common goal," Alrosa CEO Sergey Ivanov said ina statement Monday. De Beers' Tracr platform tracks diamonds from the miningstage to finished jewelry usi...Read More
RAPAPORT... Lucapa Diamond Company's sales fell 49% year on year inthe third quarter as the miner withheld a parcel of large stones until afterAngola's new marketing policy goes into effect. Revenue came to $4.5 million from two tenders during thethree months ending September 30, the company reported Monday. Sales volumesdeclined 4% to 5,058 carats, while the average price fell 47% to $893 percara...Read More
Russian diamond miner Alrosa has joined the Tracr diamond industry blockchain traceability platform that fellow miner De Beers is developing.Alrosa’s involvement brings the world’s two largest diamond producers together in the pilot programme that aims to provide enhanced assurance for consumers and trade participants about the authenticity of their diamonds.Advertisement“To prov...Read More
(IDEX Online) - Blue Nile, Inc. the largest online retailer of certified diamonds and fine jewelry, has opened a new facility for its Diamond and Jewelry Consultants, continuing the brand's commitment to providing the industry's most advanced service. At the forefront of innovation, the facility was designed to increase productivity and continue the award-winning customer service...Read More
(IDEX Online) - Yoram Dvash, President of the Israel Diamond Exchange (IDE), has been appointed to head a new committee of the World Federation of Diamond Bourses (WFDB) to undertake strategic initiatives to advance the global industry, the IDE said in a statement. The new appointment was announced during the World Diamond Congress in Mumbai, which concluded last week. IDE President...Read More
The Star Diamond Corporation has received environmental approval from the Saskatchewan government for its Star-Orion South project, near Prince Albert.The project already has a positive federal environmental assessment decision in the bag.AdvertisementThe company recently announced the positive results of the independent preliminary economic assessment on the project, which estimates that 66-milli...Read More
(IDEX Online) - The GIA announced that Alrosa, the world's largest producer of rough diamonds, is piloting the Institute's M2M program. "The M2M program is a way to share with the consumer the story of our diamonds," said Sergey Ivanov, CEO of Alrosa. "The creation of tracing systems is an important step in confirming diamond provenance, which will have benefits for industry participants, r...Read More
(IDEX Online) - Lucapa Diamond Company and the government of Lesotho have received an approved Term Sheet from the Industrial Development Corporation of South Africa Limited (IDC) for a ZAR100 million (US$7 million) development facility for the Mothae diamond mine in Lesotho. Lucapa owns 70% of the operation, while the government of Lesotho owns the remainder. The financing agreement...Read More
Aim-listed Firestone Diamonds recovered 240 733 ct of diamonds at a grade of 23.8 carats per hundred tonnes (cpht) from its Liqhobong mine, in Lesotho, during the quarter ended September 30 – the first quarter of its 2019 financial yearThis compares with the 263 512 ct recovered at a grade of 25.7 cpht in the fourth quarter of the 2018 financial year, ended June 30.AdvertisementDiamond sales...Read More
Investing.com - Market players are likely to stay focused on global supplies in the week ahead, after oil prices suffered their third consecutive weekly loss, driven lower by indications of swelling U.S. crude stockpiles.U.S. oil inventories rose 6.3 million barrels last week, almost double the amount analysts had forecast, the U.S. Energy Information Administration said on Wednesday.It was the fi...Read More
* Asian stock markets : https://tmsnrt.rs/2zpUAr4* E-Mini futures for S&P 500 up 0.4 pct, Australian shares buoyant* Poor industrial profits data from China likely to weighBy Swati PandeySYDNEY, Oct 29 (Reuters) - Asian shares look set for a modest bounce on Monday, though sentiment remains fragile as bears are on the ascendancy after steep declines across world financial markets last week on...Read More
Investing.com - This week, investors will be looking ahead to Friday’s U.S. jobs data for October, which is expected to show that hiring picked up after disruption from Hurricane Florence led to an unexpected slowdown in the previous month.The data will be closely watched for indications on the health of the U.S. economy at a time when concerns over rising interest rates are spooking investo...Read More