Gold Stocks remain in a correction, even if the October 29 lows continue to hold into December. Corrections are a function of price and time, and often in this sector, a correction can continue in terms of time, well after a low in price is made. But I digress.The most significant and most consistent moves to the upside usually occur after a crash or after a major breakout. Gold and silv...Read More

In Part I of this research article I highlighted the incredible rally in Gold related to a 2020 Anchor point and how that rally in Gold compared to the QQQ and SPY.  In this second Part I am going to highlight the price appreciation in the QQQ and SPY in comparison to Gold since 2009.  It is important to understand how the equities/stocks have rallied in comparison to Gold because the ra...Read More

Gold may have comeoff the boil a bit after rising beyond $1,900 an ounce in the aftermath of theUS election, but the precious metal will do well under a Biden presidency, anAhead of the Herd analysis has found. The main factors aredrastically increased government spending, leading to even more unsustainableUS debt levels than currently; dovish monetary policy as the Fed continues toadvocate &ldquo...Read More

Precious metals markets got off to arocky start this week as Wall Street celebrated promising developments on thevaccine front. On Monday, stocks surged while gold and silver soldoff hard. That selling didn’t bring downside follow through, however. Themetals held trading range support levels and pared some of their earlier lossesheading into this Friday the 13th.A metal we don’t often...Read More

The London Metal Exchange has appointed a new head to its LME Clear platform after Richard Thornhill stepped down from the position, Fastmarkets understands.Marco Strimer was appointed as Chairman of the LME Clear Limited Board on Monday November 30 following Richard Thornhill's retirement after seven years at the role. Strimer has been a member of the LME Clear Board since December 2013 and...Read More

Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, look at the macroeconomic factors they believe will move gold higher. The gold market entered a period of increased volatility during the third quarter, usually a positive indicator for the metal. A growing number of investors and analysts recommended the accumulation of gold as it began to move out of the shadows and into the spotlight. Gl...Read More

My research team and I went off on a wild tangent trying to identify how the markets could react to the recent spike in price activity on Monday, November 9, 2020.  This is the day that Pfizer announced a 90% effective rate with its new COVID-19 vaccine, causing the US stock market to skyrocket higher before the opening bell in New York. As with most pop-and-drops, this incredible upside spik...Read More

European ferro-titanium prices could hit multi-year highs in the coming weeks against strengthening demand from steelmakers and increasingly tight supplies of scrap, alloy suppliers in Europe told Fastmarkets. Delivered duty-paid prices in Europe will set a new annual peak if prices increase at all from the top end of the current range, and the market will equal a more than six-year high if prices...Read More

Copper and aluminium prices reached new year-to-date highs at the close of trading on the London Metal Exchange on Monday November 30, while the rest of the base-metals complex showed dips in their three-month prices.Copper rose to $7,580 per tonne at 5pm on Monday, up by 1% from Friday's closing price of $7,499.50 per tonne and setting a new year-to-date high.The red metal also went up to $7,708....Read More

The London Metal Exchange has appointed a new head to its LME Clear platform after Richard Thornhill stepped down from the position, Fastmarkets understands.Marco Strimer was appointed as Chairman of the LME Clear Limited Board on Monday November 30 following Richard Thornhill's retirement after seven years at the role. Strimer has been a member of the LME Clear Board since December 2013 and...Read More

The London Metal Exchange copper price rose by 1.8% in morning trading on Monday November 30, continuing the bullish trend from the previous week and boosted by positive Chinese economic data and a weak dollar index, but nickel was the laggard. Copper's three-month price, which last Friday leapt to numbers not seen since April 2013, rose to $7,636.50 per tonne at 9am with over 14,000 lots exchange...Read More

Hurry-up and sell all of your soon to be worthless silver! There is, however, this funny thing about bear traps...(by Half Dollar) Um, yeah.I was wrong, again.It happens.Yup.Thank God that I don't spoon feed the Beast, because if I gambled in the Rigged Casino known as Wall Street and I saw the "price action" that I saw last night in silver, I'd probably have some pretty serious indigestion right...Read More

The silver miners' stocks have been grinding lower on balance since early August in a healthy correction. This necessary rebalancing is achieving its...by Adam Hamilton of Zeal LLCThe silver miners' stocks have been grinding lower on balance since early August in a healthy correction. This necessary rebalancing is achieving its mission of dampening enthusiasm, paving the way for this sector's...Read More

The London Metal Exchange has appointed a new head to its LME Clear platform after Richard Thornhill stepped down from the position, Fastmarkets understands.Marco Strimer was appointed as Chairman of the LME Clear Limited Board on Monday November 30 following Richard Thornhill's retirement after seven years at the role. Strimer has been a member of the LME Clear Board since December 2013 and...Read More

European ferro-titanium prices could hit multi-year highs in the coming weeks against strengthening demand from steelmakers and increasingly tight supplies of scrap, alloy suppliers in Europe told Fastmarkets. Delivered duty-paid prices in Europe will set a new annual peak if prices increase at all from the top end of the current range, and the market will equal a more than six-year high if prices...Read More

RAPAPORT... A pink-diamond necklace by designer Feng J was the top seller at Phillips's Hong Kong sale, leading the $9 million auction.The Jardin de Giverny, a diamond and gem-set necklace featuring a 19-carat, fancy-light-pink diamond center stone, sold for $2.6 million, the auction house said Monday. The piece, which can also be transformed into a ring and bracelet set, brought in just over its...Read More

RAPAPORT... US jewelry sales plunged 54% year on year on Black Friday as consumers stayed away from physical stores, according to shopping tracker RetailNext.Total footfall at brick-and-mortar stores decreased 48%, while in-store purchases across all categories slid 30%, RetailNext reported Saturday. The drop was also due to a lack of "doorbuster" sales, in which retailers offer large discounts on...Read More

RAPAPORT... De Beers has pledged to provide the origin and impact of all its diamonds by 2030 as part of a plethora of sustainability goals it has set out for the coming decade.By 2025, it will "scale" programs that help identify the provenance of De Beers-mined diamonds at retail, the company said Monday. By 2030, it will record most of its annual production - by value - on its Tracr blockch...Read More

(IDEX Online) - De Beers today unveiled a sustainability charter, with a dozen pledges, including gender parity and carbon neutrality.The miner and retailer announced its "Building Forever" goals to protect the natural world and improve people's lives over the next decade in its four producer countries - Botswana, Namibia, South Africa and Canada - and the 30-plus countries where its brands D...Read More

(IDEX Online) -  A necklace with over 117 carats of emeralds and diamonds sold at auction for almost $7m.Edmond Chin, the Singapore-born jewelry designer, created the one-of-a-kind piece for the Geneva-based Maison Boghossian, and it was sold at Christie's Hong Kong -  where he started his career working in the jewelry and jadeite department.It sold for $6.99m, a fraction below the...Read More