The laugh line in Strasbourg was the strategy. Washington answered with a memo. Mexico answered by staying off camera. ...Read More
The chyron said "far-left." The speech said "associate member." Neither one replaces a U.S. customer. ...Read More
The chokehold is not the mine. It is the refinery. The TSX names that matter are the ones that already smelt, or have a government cheque to start. ...Read More
The bank slowed this year's path and left next year's destination alone. That is a metal call. Gold mining equities still have to earn the torque. ...Read More
The Greenlight founder called it a bold prediction. The logic is simple. Washington cannot close the deficit. Big Tech is turning into a heavy industry. Gold does not depreciate. ...Read More
A former BlackRock analyst said Canada does not get to stop being North American. Washington already priced that. Ottawa is still shopping for another continent. ...Read More
The metal is stuck under its 200-day line and chained to the dollar. Official buyers did not get the memo. Neither did the call market. ...Read More
China turned a silvery coating metal into a tap. The Western names that rhyme with Almonty's tungsten shortcut are the ones with rock, a plant, and a buyer not a 2032 brochure. ...Read More
The world's largest commodity bank just said it cannot price the war's last chapter. That sentence is worth more to bullion than another $10 on Brent. Miners still have to buy diesel at $6.31. ...Read More
The president's Axios interview put "annihilate" in the transcript. A six-minute Alex Jones broadcast put "nuclear annihilation" in the headline. The gap between those two sentences is the story. ...Read More
Speculators are long. The 200-day average is flat. Volatility never confirmed the squeeze. One pipeline headline knocked the price. One more disruption could put it back. That is convexity, not a trend. ...Read More
The Rule Investment Media chief says gold mining stocks still trade at the widest gap to the metal's value he has seen. A higher gold price can widen margins. It can also invite taxes, cost inflation, and bad projects. The work is in the delta. ...Read More
The metal was sold when Kevin Warsh raised rates. It was bought when Treasury yields and oil eased the next day. That is a rebound, not a new regime. The next move still runs through the dollar, diesel, and the 10-year. ...Read More
The Jefferies strategist's number is not a 2026 price target. It is what he says gold can do if the United States "fixes" the bond market and the dollar breaks lower. The 10-year near 5% is his red light. Spot gold is still wrestling with this week's Fed hike. ...Read More
Threadneedle Street held at 3.75% and slowed bond sales. Bullion recovered from Wednesday's Fed-led dump. The next test is whether Middle East energy costs force the Bank of England to follow Washington. ...Read More
Tyler Durden's wrap of the session is a simple ledger. Bonds paid. Stocks leaked. Crude held the low. Gold took the beating. The Fed told markets the job is not done. ...Read More
The Market Ear's Sept. 17 note is blunt. The bear case met price. DXY bounced. The euro's energy bill did not shrink. The yen is the wild card, not the eulogy. ...Read More
A Sandvik unit will take concentrate from Spanish mine waste. Rwanda takes a minority stake in a local platform. The pitch is speed. China still holds most of the tonnes. Speed is the scarce thing. ...Read More
A day after Ursula von der Leyen floated associate membership for Canada, Kevin Warsh's Fed raised rates. Bas van Geffen's note at Rabobank ties the two rooms together. The feud is no longer just a slogan war. It is rates, cars, rock, and troops. ...Read More
In two days the story went from "unique alliance" to "first associate member" to "hostile act." Watch the posts. Then watch the missing treaty, the missing vote, and the missing trade deal with the neighbour that still buys the country. ...Read More