The London manager took profits in May, then put gold back to "positive" in late August. The argument is not that real yields fell. It is that sovereign debt, inflation, currency risk, central banks and cleaner speculative books now outweigh the textbook headwind. That is a thesis. It is not a price target, and it is not a buy ticket. ...Read More
The 2026 Semiquincentennial dollar looks like gold and carries a sitting president. It is copper, zinc, manganese and nickel. Face value is $1. The Mint's price is not. Separate plans exist for a one-ounce 24-karat proof. Mixing those two objects is how people overpay for hue and under-own metal. ...Read More
Spot gold bounced from a near four-week low near $4,300 and recaptured $4,400 after the yen jumped and Treasury yields eased. Chair Kevin Warsh's Jackson Hole warning is still on the tape. Friday's payrolls report will decide whether this is gold price momentum or a two-day squeeze. ...Read More
Rick Rule has spent 45 years arguing that early-stage exploration is a knowledge business, not an asset business. In a late-summer conversation with financier Jeff Phillips, he walked through the arithmetic, the capital structure, and three companies Kincora Copper, Headwater Gold and Latin Metals that are running versions of the same playbook. The model is real. The discoveries are not guaranteed. ...Read More
Washington is funding more of the state with T-bills that trade like cash. That may help the U.S. Treasury roll debt. It also binds the Fed's rate tool to the fiscal accounts and that bind is now part of the gold, silver and copper tape that Canadian mining investors actually trade. ...Read More
Spot silver opened September near $66.80, then broke lower as Treasury yields jumped and traders priced a roughly two-in-three chance of a mid-month Federal Reserve hike. Here is what the silver market outlook actually shows and why "buying opportunity" is a portfolio question, not a headline. ...Read More
The shift is not a new $6,000 sticker. It is private money showing up again. Gold-backed funds just printed their largest weekly intake in about ten months. Official buying was already the floor. Flows are the question that decides whether $4,366 is a pause or a trap. ...Read More
The $4,697 print was last Tuesday. The $4,900 print is a year-end research target. Between them sits a hawkish chair, a 10-year yield near 4.77 percent, and a metal that spent this Tuesday under $4,400. Those are different clocks. ...Read More
They did not pull back despite a hawkish Fed. They pulled back because of one. Gold is working the mid-$4,300s. Silver is working the mid-$60s. A cheaper metal is not the same thing as a cheap one. ...Read More
The deal is closed. The land is larger. The ounces are not. Sterling now controls more than 35,000 hectares on the Batchewana Copper Belt. That is a map change. It is not a mine. ...Read More
The placement is real, the close is not yet, and the signal is narrower than the headline. Cerrado is a producing junior with an Argentina mine, a Portugal project and a Quebec iron asset. Sprott is buying units. That is the story. The rest is inference. ...Read More
The $80 print is a bank path, not a Tuesday ticket. Silver is near $66 after Warsh. UBS still uses $80. Those two facts can share a paragraph without becoming a shopping list. ...Read More
Kevin Warsh silver is not a new metal. It is the same silver that tagged $71 on Friday and closed $67. The dollar did the damage. $66 is the line that decides whether this is a dip or a failed August. ...Read More
The metal is not broken. It is doing what a rates asset does when Federal Reserve interest rates look live again. A rebound is possible. It is not owed. ...Read More
A hawkish Jackson Hole knocked the monetary metals. It did not knock the copper shortage argument, the official gold bid, or the deals already on the table. That split is the week. ...Read More
It cannot hold a level it does not own. Silver tagged $71 on Friday, then closed near $67. The week ahead is about whether bulls can take $70 back not whether they can camp above it. ...Read More
Spot gold is holding the mid-$4,400s after a 3 percent Friday washout. The week that matters is not a new record. It is whether $4,400 survives JOLTS, ISM and the September 4 employment report. ...Read More
The headline is a search phrase. The work is a screen. Silver has come off a $115 print and a mid-August squeeze. The names that still look sturdy are the ones whose costs and ounces work at $60 not the ones that only work at $90. ...Read More
The headline is a search phrase. The work is a screen. After gold's Friday drop toward $4,455, the names that still look sturdy are the ones with costs, cash and jurisdiction that survive a $4,200 tape not the ones that need a new record to make the model work. ...Read More
The bank's gold call is not a moonshot. It is a slower climb: a floor that has to be proven, a $4,600-to-$5,000 path that has to live with bond yields, and a Friday selloff that still needs confirmation. ...Read More