Stewart Thomson, Graceland Updates1. Gold has arrived at significant resistance in the $1900-$2000 zone. Investors need a solid plan of action to deal with the intense volatility that is currently enveloping the market.2. Please click here now. Double-click to enlarge this December futures gold chart.3. In 2011, a key futures contract traded at about $2000. That...Read More

By: Ira EpsteinGold is in a historic moment. This market has not have had a lower-low day in this breakout, not allowing people in. SIXTH-day in a row over the Bollinger band now:Read More

As shown in the graph below, the firsthalf of 2020 produced an unusual change in the relationship between goldprices, stock prices and recessions, something that has only happened twicebefore in the last fifty years. Each of the two previous times this hasoccurred after a long run up in stock prices, it has been part of acyclical change to a cycle favoring gold over stocks for a decade or morether...Read More

During the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current bull market.Lets start with a simple GOLD:USD ratio chart that goes back to the 2011 all time high in gold. The bottom for the ratio came in toward the end of 2015...Read More

Resource nationalism is one of the key risks miners will face in the increasingly volatile macroeconomic environment worsened by the Covid-19 pandemic, global law firm White & Case told Fastmarkets this week. This is due to the stretched national budgets that governments are facing after supporting their economies through monetary and fiscal policies amid the Covid-19 outbreak, as well as increase...Read More

The U.S. Mint made an unusual request last week. In a press release dated July 23, the bureau literally begged Americans to start putting coins back into circulation by spending or depositing them.As you may have noticed, people just aren't making transactions with coinage like they used to. That's especially the case now in the age of the coronavirus. With many people sheltering-in-place, bil...Read More

Here are five Fastmarkets stories you might have missed on Tuesday July 28 that are worth another look.Brazilian long steel producers have announced an 8% domestic rebar price increase for September after having already raised their prices by around 10% in July, sources told Fastmarkets this week.After successfully taking advantage of...Read More

Dear Friend of GATA and Gold:Thanks to Stephen Gandel at CBS News' Moneywatch bureau for inadvertently illustrating today the greatest power of governments and central banks in the financial markets.Gandel's commentary is headlined: "Gold Prices Hit All-Time High, and It's a Bit of a Mystery Why."Gandel writes: "Gold is usually seen as a safe haven when stocks are falling or when inflation is ri...Read More

Stewart Thomson, Graceland Updates1. Gold has arrived at significant resistance in the $1900-$2000 zone. Investors need a solid plan of action to deal with the intense volatility that is currently enveloping the market.2. Please click here now. Double-click to enlarge this December futures gold chart.3. In 2011, a key futures contract traded at about $2000. That...Read More

If some Congress members get their way, the Federal Reserve may soon be able to track many of your purchases in real time and share that information with government agencies. This is just one of the problems with the proposed "digital dollar" or "fedcoin."Fedcoin was initially included in the first coronavirus spending bill. While the proposal was dropped from the final version of the bill, ther...Read More

Pentti Pikkarainen, Former Bank of Finland Head of Department wrote his thoughts on monetary arrangements and gold.I have worked as an economist in several positions at a central bank, ministry of finance and universities. Monetary arrangements have always been on my focus either as a policy practitioner or as a researcher.While working at the Bank of Finland some of my colleagues called me a mo...Read More

VANCOUVER, British Columbia, July 28, 2020 (GLOBE NEWSWIRE) - Calibre Mining Corp. ("Calibre" or the "Company") (TSX: CXB; OTCQX: CXBMF) is pleased to announce that the Company has been granted the key environmental permit for the development and production of Pavon Norte from the Ministry of the Environment and Natural Resources in Nicaragua.Russell Ball, Chief Executive Officer of Calibre st...Read More

By Avi GilburtFor many years, I have noted to the members of Elliottwavetrader that I have not been a fan of banks. In fact, they are on my list of stocks that I intend on shorting once we move towards the 2023 time frame.But, while many are focused upon the upside potential in various banks in the coming 2-3 years, I have been quite concerned about the goals of many of these banks, based upon s...Read More

By: Ira EpsteinGold is in a historic moment. This market has not have had a lower-low day in this breakout, not allowing people in. SIXTH-day in a row over the Bollinger band now:Read More

Aluminium premiums in Europe and Brazil moved higher during the week to Tuesday July 28 amid cautiously bullish sentiment, while other areas remained stable.Premiums rise across EuropeDemand revival pushes Brazilian premium higherStable market conditions in United StatesChina static but bullishSouth Korea premiums up, while MJP is stable Contango pushes Rotterdam premiums higherAluminium premiums...Read More

A summary of base metals premiums from across the globe for the week to Tuesday July 28.Read More

Ferrous scrap prices in Mexico were steady for the week ended Friday July 24, with the market stabilizing after nearly a month of price reductions.Fastmarkets' assessment of the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey was at 5,700 pesos ($258) per tonne on July 28, and the consumer buying price for steel scrap No1 heavy melt, delivered mill Mo...Read More

Here are five Fastmarkets stories you might have missed on Tuesday July 28 that are worth another look.Brazilian long steel producers have announced an 8% domestic rebar price increase for September after having already raised their prices by around 10% in July, sources told Fastmarkets this week.After successfully taking advantage of...Read More

Resource nationalism is one of the key risks miners will face in the increasingly volatile macroeconomic environment worsened by the Covid-19 pandemic, global law firm White & Case told Fastmarkets this week. This is due to the stretched national budgets that governments are facing after supporting their economies through monetary and fiscal policies amid the Covid-19 outbreak, as well as increase...Read More

Just when you thought it might be impossible to see another new record in silver demand, wait until you see what this week's silver ETF trust data showed!by Chris Marcus of Arcadia EconomicsJust when you thought it might be impossible to see another new record in terms of silver demand, wait until you see what this week's silver ETF trust data showed.Where a record amount of silver was allegedly d...Read More