By analyst By Cecilia Jamasmie Sierra Leone has sold one of the world’s largest diamonds ever found at an auction in New York on Monday, fetching a lower-than-expected price of $6.5 million The egg-sized, 709-carat rough “Peace Diamond” is one of the largest ever discovered in the West African country and one of the world’s […]
Sierra Leone ‘Peace Diamond’ sold for less-than-expected Read More »
By analyst By Frik Els The announcement made by uranium giant Cameco a month ago that it’s suspending operations at its flagship McArthur River mine in northern Saskatchewan, Canada did little to move to languishing uranium price. Last week the nuclear fuel was pegged at $23 a pound, a level it has hovered around for
Kazakh supply shock to jolt uranium price Read More »
By James Altucher This post 10 Major Predictions for Cryptocurrencies appeared first on Daily Reckoning. The mainstream media basically “brainwashed” most Americans into thinking bitcoin was a scam. Don’t expect the mainstream media to show you how to make a fortune from new tech trends, including digital currencies. They’re always late to the party. In
10 Major Predictions for Cryptocurrencies Read More »
By Cory Cyber Currencies – Bitcoin Futures and Venezuela’s New Cyber Currency Today with Marc Chander, Head of Global Currency Strategy at Brown Brothers Harriman we focus on some significant news for cryptocurrenies. Bitcoin future contracts are set to start trading before the end of the year with the CME and CBOE. We discuss the
Exclusive Comments from Marc Chandler – Mon 4 Dec, 2017 Read More »
By analyst By Cecilia Jamasmie Shares in lithium exploration and development company Bacanora Minerals (TSX-V, LON:BCN) took a hit Monday as the firm said that president and director Martin Vidal had resigned effective November 30. Vidal assumed as president on May 2013, after serving as vice president of exploration in Mexico since January 2011. He
Bacanora tanks as president resigns Read More »
By Alexander Green Last week, Federal Reserve Chairwoman Janet Yellen announced that the central bank would continue raising short-term rates. No surprise there. The Fed has lifted rates four times already – and made clear its intention to continue tightening. What is surprising, however, is that Fed officials resolutely refuse to state the real reason
The REAL Reason Yellen Is Raising the Federal Funds Rate Read More »
By Zach Scheidt This post Macy’s Gets Its Groove Back appeared first on Daily Reckoning. This weekend, my favorite college team won the SEC Championship and secured a slot in the National Championship playoffs. Congratulations to my University of Georgia fans out there (and condolences to those of you pulling for Auburn). One of the
Macy’s Gets Its Groove Back Read More »
By Greg Guenthner This post Your 3 Simple Steps to Trading Success in 2018 appeared first on Daily Reckoning. Legendary investor Peter Lynch spent 70 hours a week at the office. He figured that if he spent 20 extra hours a week poring over financial reports, he’d be able to outperform other funds. But you
Your 3 Simple Steps to Trading Success in 2018 Read More »
By analyst By Cecilia Jamasmie Anglo American’s De Beers, the world’s largest rough diamond producer by value, unveiled Monday is investing in a blockchain-based platform to enable greater tracking of its stones. The platform, which will be open for those in the industry, will allow tracing each diamond throughout the entire value chain — from
De Beers steps up efforts to remove ‘conflict diamonds’ from the market Read More »
By analyst By Cecilia Jamasmie World’s second largest miner Rio Tinto (ASX, LON, NYSE:RIO) ended Monday a nine-month search for a new chairman, announcing industry veteran Simon Thompson as the person who will assume the post in March. The appointment of Thompson (58), one of Rio Tinto’s non-executive directors, who is a former investment banker
Rio Tinto appoints one of its own as the company’s new chairman Read More »
