Gary Wagner, editor of TheGoldForecast.com, said that gold may see some more pressure in the short-term, but will rebound to new highs towards the second quarter of 2021.Wagner is also constructive on silver, seeing the gold-silver ratio dropping to 65, while being bearish on the U.S. dollar.In this live interview, Wagner outlines his methodologies for forecasting prices, and discusses Japanese ca...Read More

These numbers almost seem like a joke, but there's nothing funny about this. Continue...Read More

Officially, Congress sets the Fed's priorities but the Fed has independence on how to carry out its mandates. Unofficially, the Fed just adopted its own new mandate.Continue...Read More

UrbanGold Minerals conducts drilling and geophysical surveys at its Pallador and Bullseye projects, respectively. UrbanGold Minerals Inc. (UGM:TSX.V) summarized in a news release the exploration work done recently and underway at its Pallador and Bullseye properties in Quebec's Troilus-Frotet area.At Pallador, since drilling began earlier this month on the Regnault block, four holes over 1,095 me...Read More

Addition to the VanEck Vectors Junior Gold Miners exchange-traded fund represents a 'significant milestone' for GoldMining. GoldMining Inc. (GOLD:TSX; GLDG:NYSE.American) announced in a news release that it now is one of the companies in the VanEck Vectors Junior Gold Miners exchange-traded fund (GDXJ) as of Dec. 18, 2020."GoldMining's inclusion in the GDXJ is a significant milestone for the comp...Read More

The recent transaction involving Nomad Royalty Company shares and upcoming catalysts are addressed in a BMO Capital Markets report. In a Dec. 17 research note, analyst Rene Cartier reported that BMO Capital Markets resumed coverage and upgraded its rating to Outperform on Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX) after the CA$25 million secondary offering of shares by Yamana Gold Inc. (YR...Read More

Peter Krauth provides the investment case for silver. In many ways, most of us can't wait to put 2020 behind us and call it last year.We've experienced a once-a-century global pandemic, infecting almost 80 million people. Lockdowns caused businesses to shutter and soaring unemployment, with massive economic consequences.If you dig a little deeper, other costs include soaring debts and deficits wo...Read More

Thibaut Lepouttre, editor of the Caesars Report, offers his analysis of the latest news from this Mexican explorer drilling in a historic mining district. Introduction Reyna Silver Corp. (RSLV:TSX.V; RSNVF:OTCMKTS) has now received the drill permits for the Guigui project in Mexico's Chihuahua state. The company has been trading for about six months now and Reyna is ready to hit the ground runnin...Read More

Previously,I have shown how Bitcoin is leading silver higher, and vice versa. .This makes perfect sense in these time,since it is all about the US dollar. Assets that offer a “safehaven” from USdollar meltdown will go higher in some sort of related pattern.Here is an update on that analogue whereBitcoin is leading silver higher (you can find the analogue where silver isleading Bitcoin...Read More

Theworld’s largest gold exchange traded fund (ETF) seems to be having a lotof trouble when it comes toaccounting.TheSPDR Gold Trust (GLD) recently appointed its 6th chief financial officer since2014. And the problem of finding and keeping executives who are willing tocertify the Fund’s accounting does not appear to be the only reason for concernat GLD.Thetiming of the most re...Read More

Here are five Fastmarkets stories you might have missed on Monday December 21 that are worth another look.Market participants in Asia are bracing for sharp price corrections amid historically high prices for steel, iron ore and ferrous scrap in the region, industry sources told Fastmarkets this week.China's Zhuzhou zinc smelter has successfully met...Read More

Vale's permit for running operations in Brumadinho city was suspended for seven days following a landslide that caused the death of an employee from a third party contractor in the company's C??rrego do Feij??o mine in Brazil's southeastern Minas Gerais state.The Brumadinho city hall decided to suspend the permit after the accident, which occurred during maintenance activities in the mine on Frida...Read More

Here are five Fastmarkets stories you might have missed on Tuesday December 22 that are worth another look.Russia is set to impose early next year a temporary increase to its export duty on ferrous scrap exports to combat the threat of a shortage of steelmaking raw...Read More

Chilean copper producer Codelco signed a new 36-month labor agreement with supervisors and overall management at its Chuquicamata division, the company said on Tuesday December 22.The parties agreed to no pay raises and a 3.6 million Chilean pesos ($4,944) bonus, according to the miner. The new contract will go into effect on April 1, 2021.This followed a series of labor deals signed with no salar...Read More

A summary of base metals premiums from across the globe for the week to Tuesday December 22.Please click on the thumbnail...Read More

LME nickel's three-month price saw the biggest drop in the base metals complex on Tuesday December 22, with most metals correcting down from their recent 2020 highs in reaction to news of a new variant of Covid-19. Nickel's forward price fell 3.8% on Tuesday to $16,614 per tonne, down from Monday's 5pm close of $17,267 per tonne. On December 15, nickel set a year-to-date h...Read More

Here are five Fastmarkets stories you might have missed on Tuesday December 22 that are worth another look.Russia is set to impose early next year a temporary increase to its export duty on ferrous scrap exports to combat the threat of a shortage of steelmaking raw...Read More

Now is not the time for Freeport-McMoRan to be thinking about mergers and acquisitions, the mining company's chief executive officer says.According to Richard Adkerson, the company - which is just over half-way through a mega-project to transform its giant Grasberg copper-gold mine in Indonesia from an open-pit to an underground operation - is on the verge of creating huge shareholder value."I jus...Read More

Shipping problems faced by commodity market participants are likely to get worse ahead of Chinese New Year on February 12, 2021, sources told Fastmarkets.Freight rates for both bulk vessels and containers have soared to record highs in recent months amid a perfect storm of higher global shipping demand and rising crude oil costs.Those involved in the container trade have been particularly hurt, fa...Read More

The premium hard coking coal in the fob market continued to be active while the seaborne premium hard coking coal cfr price began to lose its price advantage over its Chinese domestic counterpart on Tuesday December 22. Fastmarkets indices Premium hard coking coal, fob DBCT: $102.68 per tonne, up $0.29 per tonne Premium hard coking coal, cfr Jingtang: $190.20 per tonne, unchanged Hard coking coal,...Read More