On August 7, gold in U.S. dollars, notched its all-time nominal highof $2,089 (It's been printing new highs in many other currencies for quiteawhile now.)Silver peaked (so far) at $29.92.After a few days of attempting to scale $30, it gave up the ghost and dropped astunning $4.90 intraday, closing down $3.20.Not satisfied with punishing the bulls during the daysession, silver proceeded to drop ano...Read More

3 (free) ways to ride next big wave in EURUSD, USDJPY, gold, silver and moreHi Reader,We are well into the second half of 2020. Are you on track to meet your 2020 trading goals?Our friends at Elliott Wave International (EWI) can help -- free. For a limited time only, EWI is making 3 FREE resources available to help your trading ($739 total value).There is no catch, and no credit card is required.I...Read More

Sector expert Michael Ballanger runs the numbers on current and future values of gold and silver given current economic conditions."I'd rather be a gold bug then a paper worm." —AnonymousIn late 2019, as I was laying out the framework for the 2020 GGMA Forecast Issue, there was only one four-letter word that kept cropping up and that word was D-E-B-T (actually there were two, but one was wha...Read More

Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More

Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More

This bull market can be more positive than the previous one both for gold and the mining stocks.In the last edition of the Fundamental Gold Report, I analyzed various WGC’s reports on the gold market. Today, I will focus on the issues of Alchemist – the flagship publication of the London Bullion Market Associations – I was unable to discuss during the most acute phase of the pand...Read More

Nothinglasts forever, and the brightest flame burns itself out the fastest. That couldvery well apply to the current situation around PMs. Speakingof indications pointing to the situation being excessive, let’s take a look atthe USD Index. Rememberwhen inearly 2018 we wrote that the USD Index was bottoming due to a verypowerful combination of support levels? Practically nobody wanted to rea...Read More

The gold miners’ stockshave rocketed higher this summer, smashing out of their usual summer-doldrumssideways grind.  That atypical strengthhas been driven by gold steadily marching to major new secular highs, fueled bystrong investment demand.  This hascarried gold stocks and the metal they mine back to their traditional strongseason, which begins with robust autumn rallies usually...Read More

Our hard working miner here (we’ll call him Huey) has been pushing his cart of rocks, first gently downhill from 2016 to 2018 and then uphill to a bull market since May 2019.As tracked in NFTRH, in 2019 the macro backdrop became positive for the gold stock sector as gold entered a bull market by taking out the 1378 level and its ratios to stock markets began to rise. Gold/SPX is among the mo...Read More

No matter what shape the recovery is, the epidemic will likely have lasting, positive effects on the gold market.During the most acute phase of the pandemic and the following economic crisis, there was no time to analyze various WGC’s reports on the gold market. Let’s make up for it!I’ll start with the report “Recovery paths and impact on performance” about the gold m...Read More

Our trading team witnessed a big drop in Platinum and Palladium prices early this morning while Gold and Silver continued to push moderately higher.  We began to question this move and investigate any historical relevance to previous patterns.  Our research team pointed out that both Platinum and Palladium rolled lower just 3 to 4 days before the breakdown in the US stock markets on Febr...Read More

Yesterday’s session was indeed volatile around theFOMC, just like we warned,and gold even moved to its previous high, likely forming a double-top pattern.Even though gold moved higher on an intraday basis, it didn’t invalidate itsprevious breakdown, which was a bearish sign. Gold was likely to decline, andit is declining so far in today’s pre-market trading. The above chart show...Read More

It is said that a picture is worth 1000words, and thus two pictures are worth 2000 words. The entire financial systemis fracturing and imploding, no exaggeration. The entire monetary system is beingundermined in a true Weimar sense, in reality. Such a situation almost neverhas come about without a world war. Since 2001 in the Jackass opinion, theworld financial war has been in progress with the im...Read More

The following is an update of a previousarticle: During the 2008 financial crisis the Fedsignificantly increased the US monetary base to keep the system from collapse.They are currently in a similar situation, and have done (is doing) the exactsame thing.Here is a chart of the US monetary base toillustrate the similarity: With the 2008 actions they were able to avoidthe collapse until now. Will th...Read More

Last week, I put out an article outlining my expectation for a pullback in GLD before we head to the 200+ region. Within the comments section, I outlined my plan as to how I am going to play for a potential pullback. However, that pullback has not yet materialized.For those that have followed me closely for years, you know that I have been heavily long physical metals and mining stocks since I sta...Read More

Technical analyst Clive Maund charts oil and discusses what he sees ahead for the commodity. Compared to the wild volatility that we witnessed back in the spring, trading in oil has become very light and subdued, with volatility in it dropping to a very low level, and as a result many traders are losing interest in it. It is quiet—too quiet—and complacency towards it is now rife, but a...Read More

Gold has jumped above $1,850 amid expectations of new stimulus, worries about the pace of economic recovery, and concerns about rising tensions between the U.S. and China. Houston, we have a problem! Please take a look at the chart below that presents the U.S. initial jobless claims. What do you see? Yes, you are right! The number of people claiming unemployment benefits has recently risen. To be...Read More

It's a simple math problem. Inflation is much more extreme than most people think...David Morgan interviewed on USA Watchdog by Greg HunterPrecious metals expert and financial writer David Morgan points out that inflation is much more extreme than most people realize. Morgan explains, "If you look at the metrics that we used in 1980 where food and energy, the two things humans need most to survive...Read More

There is not much more the big commercial shorts can do to rig prices lower...by Ted Butler of Butler Research via Silver SeekI hadn't planned on writing about the very sharp selloff that started yesterday (Tuesday) in gold and silver, but can't imagine anything more on investors' minds - mine included. No amount of prior mental foresight fully prepares most for the type of selloff underway -...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Wood Mackenzie, in partnership with WisdomTree, has launched an exchange traded fund (ETF) providing investors with exposure to the growth in the demand for, and the usage of, energy storage technologies, and in particular batteries.T...Read More