May 09, 2016 - 02:00 AM ET
Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 9, 2016) - (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC), Lucara Diamond Corp...
Was Al-Naimi's 'Ouster' A Saudi Oil Policy Shake-Up? Hardly
By Ellen R. Wald, Ph.D.CommoditiesMay 10, 2016 05:03AM ET
Ellen R. Wald, Ph.D.
This weekend’s announcement that veteran Saudi oil minister Ali al-Naimi would be stepping down from the position he has held since 1995 drew a flurry...
I’m with Stan Druckenmiller — gold has every reason to rise
By Cody Willard
Published: May 9, 2016 3:02 p.m. ET
Negative interest rates, the Fed’s quantitative easing and a race to devalue global currencies are bullish for gold
I've met hedge fund manager Stan Druckenmiller a couple...
Hedge Funds' Gold Positioning Near All-Time Highs
Monday May 09, 2016 10:19
(Kitco News) - Hedge funds were significant gold buyers last week as prices pushed above $1,300 an ounce, hitting the highest level in 15 months, according to the latest data from the Commodity Futures Trading...
PRECIOUS-Gold near 2-week low, steady dollar cap gains
* Bullion has fallen in five out of past six sessions
* Coming up: U.S. wholesale inventories at 1400 GMT
(Updates throughout, changes dateline from MANILA)
By Clara Denina
LONDON, May 10 Gold steadied just above a near...
U.S. need not fear challengers to dollar, Fed official says
The United States would not necessarily lose out if other currencies emerged as alternatives to the dollar's status as the world's so-called reserve currency, a top U.S. central banker said on Tuesday.
William Dudley, president of...
Markets At Crossroads: Huge Moves Brewing In Stocks And Gold
Thursday, May 05, 2016
by Taki Tsaklanos of InvestingHaven.com
Seldom have we seen so many assets and indicators at decision points simultaneously! We see stocks, gold, and the U.S. dollar trading at extremely important levels, all...
France: Prostitution now legal, paying for sex illegal
By Holly Yan, CNN
Updated 4:35 PM ET, Thu April 7, 2016
France makes paying for sex illegal 01:23
(CNN)Paying for sex in France is about to get a lot more expensive.
France has joined a growing number of European countries that...
Is The Gold Rally Sustainable?
02/05/2016 3:16 PM
Gold has stubbornly and vigorously traded UP as the Dollar headed down. It had been trading down with the Dollar, which was unusual, until this past week when it sprinted higher in response to the lower Dollar. If the Dollar...
PRECIOUS-Gold hovers around $1,300/oz on weaker dollar, fund inflows
* Dollar drops to 18-month low vs yen
* SPDR fund sees inflow of 20.8 tonnes (Updates throughout, changes dateline from SINGAPORE)
By Clara Denina
LONDON, May 3 Gold rose to around the $1,300-an-ounce on Tuesday as the...
China won't allow chaos or war on Korean peninsula: Xi
BEIJING | By Michael Martina
China will not allow chaos and war to break out on the Korean peninsula, which would be to no one's advantage, Chinese President Xi Jinping told a group of Asian foreign ministers on Thursday.
The Decline and Fall of the American Empire
Mar 22, 2016
While the corruption at the national level has been obvious for years to anyone willing to open their eyes and their mind at the same time, this election cycle marks an important turning point.
I’m not a Trump fan...
U.S. Might Not Be Dying Of Old Age But It’s Pretty Frail And Weak
25/03/2016 10:51 AM
Break out the Champaign again because it is time to celebrate; the GDP numbers are out and they show the U.S. economy grew by 1.4% in the fourth quarter.
Yep, we can now all stop...
Fed Head Has Impact By Stilling Discordant Voices
Tuesday March 29, 2016 18:12
When the head of the Fed speaks, people tend to listen more than they do to the secondary (non-voting) members. And today, Federal Reserve Chairwoman Janet Yellen delivered a crystal clear message.
The time is now...
Gold Weaker As Technical Posture Deteriorates; Yellen Speech Awaited
Tuesday March 29, 2016 08:23
(Kitco News) - Gold prices are slightly lower in early U.S. trading Tuesday. The near-term technical posture for the yellow metal has become less bullish in recent sessions, which is inviting...
The Oil Surge Was Driven By The Biggest Short-Squeeze Ever
March 28th, 2016
Tyler Durden: Two months ago, just before crude dropped to 13 year lows, we warned oil traders that there is ”a constant short squeeze threat” because “oil shorts are at all-time highs“, adding that “we have seen...
Ten Civilizations or Nations That Collapsed From Drought
By: Jeff Masters , 3:15 PM GMT on March 21, 2016
Drought is the great enemy of human civilization. Drought deprives us of the two things necessary to sustain life--food and water. When the rains stop and the soil dries up, cities die and...
The Last Time Producers Were This Short of Gold Futures Gold Crashed Two Months Later
by Ceo Technician | posted in: Charts, Gold, Gold Stocks | 0
Gold producers haven’t been this short of gold futures since a couple of months before the April 2013 gold crash:
Gold (5-year) with Commitments...
Oil prices continue rout as supply fears weigh
By Dan Strumpf
Published: Mar 24, 2016 4:14 a.m. ET
Crude hovers below $40
U.S. Department of Energy showed domestic crude stockpiles soared by 9.4 million barrels
Oil futures moved firmly lower in Thursday’s trade...
Stocks Turn With Bonds and Euro as Draghi Plan Gets Second Look
Eddie Van Der Walt EdvanderWalt
March 10, 2016 — 5:01 PM CST Updated on March 11, 2016 — 4:48 AM CST
Yuan erases losses for the year as PBOC boosts fixing
Commodities rally, boosting Aussie, Russian ruble...