News Archives

: Category: News Archives; Created: 26 August 2020; Hits: 748

"There is no question in my mind that retail is a falling knife, and we are for sure not at the bottom," real estate mogul Sam Zell told CNBC.

...

: Category: News Archives; Created: 26 August 2020; Hits: 493

August 26, 20 by John Jeffay

(IDEX Online) - India's voluntary suspensions of rough imports have helped stabilize diamond prices, says Colin Shah, newly-appointed chairman of the GJEPC.

"Commodities across the world, including oil, have fallen but diamond prices have been stable," he said.

"This was the result of a conscious decision taken by the Indian diamond companies to cut down rough imports so that businesses can reduce their inventories, lower debt, and manage cash flow."

The GJEPC, together with other trade bodies, requested three voluntary bans on rough purchases in April, May and July in an attempt to unblock a glut of inventory estimated at up to $7bn.

The country's exports of cut and polished diamond fell 39 per cent in July to $918.4m, as the COVID-19 pandemic blighted the industry.

The midstream is expected to restock in 2021, says GJEPC, provided end-consumer demand continues to recover, but some smaller players may not survive.

It predicts a 30-40 per cent downturn in the Christmas wholesale business.

Pic shows Colin Shah...

Read more from our friends at IDEX

: Category: News Archives; Created: 26 August 2020; Hits: 486

While gold is only just below the all-time high of more than $2,000 per ounce set earlier this month, real 10-year Treasury yields are only a little above the all-time trough of minus 1% also reached earlier this month:

...

: Category: News Archives; Created: 25 August 2020; Hits: 506

My take is that the incredible physical silver turnover has very little to do with silver investors and that leaves only one other source for the physical demand that is driving the extreme turnover. That source is the industrial silver users.

...

: Category: News Archives; Created: 25 August 2020; Hits: 493

So few stocks are buttressing the S&P 500’s record-setting rally that the market is vulnerable to shocks, particularly rising rates, according to Mike Wilson, Morgan Stanley’s chief U.S. equity strategist. As an example of the narrowing market breadth...

...

Page 306 of 854

Diamond News Archives

Real Estate Mogul Sam Zell Calls Retail a ‘Falling Knife’ That Hasn’t Hit a Bottom Yet

India's Rough Bans "Kept Prices Stable"

Record Gold Prices: Real Yields Aren't Really Responsible

A Silver Mystery in Full View: Ted Butler Butler Research

Top-Heavy S&P 500 Looks Primed for Correction to Morgan Stanley