"Recent governments have paid lip service to capitalism while implementing socialism by stealth using the concept of the 'mixed economy' or the 'third way'. Governments have excessively interfered in the free marketContinue...Read More

Another story illustrating that who you buy gold from may be just as important as when you buy it.Continue...Read More

The government has said they are going to seek about four or five years of jail for each person. Vorley said he will appeal and that he was trading "well within the law".Continue...Read More

China has been buying a lot of U.S. crude oil lately, perhaps in a belated attempt to fulfill some of the energy import quotas agreed with Washington last year or perhaps in a bid to take advantage of supercheap U.S. crude. But the buying spree is about to end.This month alone, China could import between 867,000 bpd, according to Reuters' Refinitiv data, and 900,000 bpd, according to oilfield serv...Read More

RESEARCH HIGHLIGHTS:Gold rebounded quickly and broke to higher prices after the COVID deep selling. Our Fibonacci support levels for Gold are resting near $1,885, $1,815 & $1,790.More downside pressure on price is possible, but if support is maintained at $1,885 then we could see a big upside recovery trend take Gold to $2,250.Just before the COVID-19 collapse in the markets hit near February...Read More

Mining production? No. China’s consumer demand? No. The main drivers of gold prices are, as I’ve repeated many times, the U.S. dollar and real interest rates. You don’t believe it? You don’t have to – just look at the charts below. The first one displays the greenback and the dollar-denominated price of gold. Because other series start much later, I used here the Trad...Read More

Here are five Fastmarkets stories you might have missed on Friday September 25 that are worth another look.Prices for flat-rolled steel imported into South America took a downturn in the week to September 25 with Chinese mills presenting lower offers amid residual negotiations for November shipments.Brazilian trade chamber Camex confirmed this...Read More

Here are five Fastmarkets stories you might have missed on Friday September 25 that are worth another look.Prices for flat-rolled steel imported into South America took a downturn in the week to September 25 with Chinese mills presenting lower offers amid residual negotiations for November shipments.Brazilian trade chamber Camex confirmed this...Read More

(IDEX Online) - The last sale of pink diamonds before the iconic Argyle mine closes will have a Japanese theme.The invitation-only tender will take its inspiration from Ichi-go ichi-e - Japan's cultural concept of treasuring the unrepeatable nature of a moment.The mine in the remote East Kimberley region Western Australia has been the source of 90 per cent of the world's pink diamonds fo...Read More

(IDEX Online) -  Consumers are more likely to buy jewelry in the next six months than at any other time during the pandemic, says De Beers.Its monthly research into diamond spending during the COVID-19 crisis reveals what it calls a "glimmer of optimism".Both men and women are more likely to purchase or receive diamond jewelry in the next six months, compared to previous coronavirus waves. Wo...Read More

Tesla used its Battery Day event to announce it intends to use more US-sourced nickel in its cathode battery production and less cobalt.Read full newsRead More

Gold on the weekly price chart looks like this: The price remains in an uptrend despite this week's sell-off - at least, on the weekly time frame.Read full newsRead More

Meet Leon and Peter Gianni - the modern dayRead full newsRead More

The stock markets around the world regained most of their lost ground amid the virus-led selloff. The strong liquidity, thanks to the massive government stimulus packages and investors’ optimism over the reopening of the economy, led to one of the fastest recoveries in the stock market’s history.However, the quick recovery amid rising COVID-19 infections is leading many to believe that...Read More

The selloff continues. The S&P 500 is now 8% off its record high set earlier this month. The NASDAQ is 10% off. Gold is now down around 10% from its record high as well. This isn't a doom piece. The S&P had a gap to fill from when everyone thought the world was going to end in March. A little strength in the dollar. A dash of volatility in the couple tech stocks propping the whole thing up.....Read More

Here are five Fastmarkets stories you might have missed on Monday September 28 that are worth another look....Read More

The three-month price of zinc on the London Metal Exchange was the standout performer at the close of trading on Monday September 28, rallying during afternoon trading to push firmly above the $2,400-per-tonne threshold.Tin, meanwhile, continued to recover after slipping below nearby support during the morning trading session.Zinc's outright price on the LME closed at $2,432 per tonne on Monday af...Read More

Bob Moriarty ArchivesSep 28, 2020Back in July I wrote a short piece about Cabral Gold (CBR-V CBGZF-OTCBB). Shares were $.155 apiece then, now up 300% even within a two-month correction. After last week’s announcement it should be obvious to investors just why.Overall we have had some giant moves in both gold and silver since the March lows. And the Fed and other central banks have made it cl...Read More

Here are the key takeaways from Fastmarkets' International Aluminium Conference that took place on Monday September 21-Wednesday September 23. Low-carbon aluminium Low-carbon aluminium is a huge talking point in the market right now and the conference dedicated a day to sustainability. Sustainability directors from Rio Tinto, Norsk Hydro, UC Rusal and Alcoa participated in a panel discussion discu...Read More

Jack ChanPosted Sep 28, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.COT data favors overall lower gold prices.COT data favors overall lower silver prices.Our ratio gave a very timely SELL sig...Read More