Monday's chain was oil, hike bets, and a hard gold drop. Tuesday pinched it with a Fed speech and a talks headline. A bounce that needs both is not a hedge that works. ...Read More
The SAG mill is still running. The 80% and the 5% belong to a private company. Ivanhoe owns a side bet, not a retired mill. Toast is a speech until someone publishes the test. ...Read More
Managed money has sold $8.8 billion since Aug. 25. Open interest fell. The machines amplified both ways. The structural story can live. The ultimate-hedge job did not. ...Read More
Fifteen registered funds, eight chains, and one money-market fund that can trade at night. The legal record still sits with the transfer agent. A new name is not a new market. ...Read More
U.S. Needs Canada to Break China's Critical-Minerals Grip. Which Canadian Minerals Could Benefit? ...Read More
The long-run gold average is now $4,000 and silver's is $47. Spot gold is already there. Spot silver is far above it. The struggle is the quarter the bank just lowered, not a floor the market has earned. ...Read More
Schnider's stairs climb from $70 to $80 only if silver stays a louder version of gold. The metal is near $61, the old $100 call is already gone, and a hawkish Fed can sit on every step. ...Read More
Tuesday's bounce was real and small. Friday's close, the 50-day average, and the real return on cash were not repaired. A rebound is a location. It is not a pardon. ...Read More
Spot broke the 50-day and the 100-day. Shanghai cut length before a holiday. Gold can still hedge war and prices. It cannot ignore cash when cash pays a real return. ...Read More
Two governments are locking up the copper still for sale. The bank's own path spikes toward $22,050 and then fades. Investors need a claim on the free tons, sized for a squeeze, not a shrine. ...Read More
Oil, gold, yields, and stocks flipped with every Hormuz rumor. The slow facts did not flip. A headline is not a trend. ...Read More
He paid about US$3.6 million for units at US$3.65, warrants included. A much larger placement cut his stake below 10%, and he ceased to be an insider. More shares were not a bigger claim. ...Read More
Ottawa has named the funds, the files, and the cheques. The ore still has to be financed, permitted, and sold. These five names show the gap. They are not a buy list. ...Read More
Silver sank about 5% to near $61 after Trump rejected Iran's Hormuz offer. The headline was war. The cause was yields. A 5% drop is not a sale sign ...Read More
Spot gold broke under $4,200 and traded in the mid-$4,100s, its weakest since early August. Real yields, not a sale sign, did the breaking. ...Read More
Price is under the 200-day and through the 50-day, weeks after record futures buying. Real rates jumped. The long-term bid did not resign. It just does not set this close. ...Read More
Gold fell because money got expensive. The U.S. 10-year real yield jumped to 2.83%, the highest since November 2008. Spot gold dropped 2.8% to US$4,300 an ounce. A rejected Iran peace plan raised risk. It did not save the metal. ...Read More
XAU/USD starts the week near $4,200 after yields tagged 19-year highs. Wednesday's PCE print and Friday's jobs report will decide if $4,162 holds or if bulls can reclaim $4,300. ...Read More
Spot silver opened the week near $62 after a 3% drop. Treasury yields near 5.2% and a packed U.S. data calendar will decide whether bulls defend the mid-September low or lose it. ...Read More
Headline exchange stocks look fat. Mine output does not. Delayed U.S. refined-copper tariffs moved metal into American warehouses and knocked the price. The surplus story may be a location problem, not a glut. ...Read More