"It's still possible to buy physical #gold, but it's not easy for the average person - three experts explain how we got here. https://t.co/9ed2IhLw1O #investing #coronavirus #COVID19"Read full newsRead More

I've gotta tell ya, the past few years have been kinda rough for a perma-bear kinda guy like me. Watching the stock market hit new high after new high for wrong reason after wrong reason, I knew the village wouldn't believe when a wolf was truly on the prowl. The wolf is here. Though it looks more like a bear. Many are still in denial, grasping at the green days like life rafts. Hoping the bott...Read More

We talked with Scott Williamson, Managing Director of Blackstone Minerals (ASX: BSX), during PDAC 2020. Blackstone just made a new high-grade discovery (King Cobra) at their Ta Khoa Nickel project, in Northern Vietnam. They intersected 60 meters at 1.3% nickel, plus copper, cobalt, platinum, palladium, and gold, four grams per ton on a gold equivalent. King Cobra is a surface deposit, with very hi...Read More

Have you read Ayn Rand’s novel Atlas Shrugged? The main theme of the book is that – overwhelmed by growing statism – entrepreneurs at one point say finally “basta!” and announce a strike. The symbolic Atlas who carries the world, shrugs. As a result, the economy collapses, plunging the world into chaos. This what we are observing right now – the only difference...Read More

[edit] It goes without saying that gold miners and the royalty companies that live off them will be shown to have been impaired like many other companies by the coming Q2 numbers due to shutdowns. An emailer questioned my view on this and it has been one of my personal caution points. Markets should be looking ahead, but during this euphoric sentiment release across broad markets maybe they’...Read More

Gold has been misunderstood and ignored by retail investors, financial advisors and pension managers as a critical portfolio asset during normal market conditions.  However, during periods of market stress, such as we are experiencing now, gold becomes a safe haven asset that will mitigate losses in the portfolio. For a number of years, many experts have been warning about overinflated market...Read More

Back at the 2008 crash low in the HUI there was a reversal pattern, that is pretty rare, which helped confirm that very important low. If you ever wondered what the 2007 – 2008 top looked like and the decline that followed to the 2008 crash low this daily chart for the HUI paints the Chartology I posted at the tent, in real time, as the impulse move to the downside took place.The 2007 &ndash...Read More

From Wikipedia: “In English, the phrase fly in the ointment is an idiomatic expression for a drawback, especially one that was not at first apparent, e.g.     We had a cookstove, beans, and plates; the fly in the ointment was the lack of a can opener.” For four centuries, ‘a fly in the ointment’ has meant a small defect that spoils something valuable or...Read More

Thedebt-to-GDP ratio is an important metric economists use for comparing acountry’s total debt to its gross domestic product (GDP). The percentagearrived at by dividing the country’s total GDP by its total debt indicates thecountry’s ability to pay back its loans. The higher the percentage, the higherthe risk of a country being unable to pay the interest on its debt, andtherefore...Read More

With his portfolio "solidly anchored" in silver and gold, sector expert Michael Ballanger opines on how bankers and politicians can manipulate markets.As a child, I used to get quite excited at the prospect of having my English "Gran" read me the Hans Christian Andersen book "The Emperor's New Clothes." I found the tale fiendishly amusing, as the charlatan tailor uses lethal doses of fla...Read More

Our researchers have been following Natural Gas for many months and believe the current price level, near $1.65, is acting as a continued historical support level (a floor in price).  Our researchers also used one of our data mining tools to attempt to identify if any opportunity exists in NG over the next 30 to 60+ days for skilled traders.  The purpose of this data mining tool is to ex...Read More

London Bullion Market Association (LBMA) officials have loudlyproclaimed there are plenty of gold bars in LBMA and COMEX vaults tomeet surging demand from buyers. Unfortunately for them, confidence is particularly fragile thesedays and cracks are starting to appear. Which is why anxious officials there issued not one, but twomemos last week in an attempt to reassure traders.It&rsquo...Read More

The yellow metal and its fiat nemesis. Gold and thedollar certainly move not in a random relation to each other. The strength anddirection of one taking the cue from the other changes over time, but what doesit tell us about the present moment?The key point with regard to the US currency is that it appears to have alreadyended its pullback and is now ready to soar well above its previous 2020 high...Read More

For years, many Gold Bugs (investors who’ve been advocatingbuying Gold and Silver at low prices as a hedge against future global economicrisks) were shunned as conspiracy theorists and nuts. How could these peoplebelieve Gold and Silver were solid investments when the Global equities marketswere rallying 5% a year consistently – what could go wrong?Over the past two weeks, I have perso...Read More

The coronavirus wasn't the cause of oil's 70% collapse. This was Let's start by establishing that the stock market is not driven by the news. Aggregate stock prices are driven by waves of optimism and pessimism -- which go from one extreme to another -- as reflected by the Elliott wave model. That's what makes the stock market predictable.Hence, Elliott wave analysis is at the core of EWI's stock...Read More

A surge in coronavirus cases, an expansion ofeconomic lockdowns, and an explosion in unemployment claims hit markets thisweek.  But this deluge of bad news didn’tseem to catch investors by surprise. Instead of crashing to new lows, the stock marketheld within a trading range and rallied yesterday following the release of ahorrific jobs report.  It’s been a huge week for commo...Read More

Gold miners’ stocks haveendured epic volatility in this past month, literally crashing before blasting backhigher in a violent V-bounce.  That precedingwicked capitulation flush savagely forced the weak hands out, paving the wayfor gold stocks’ next major upleg.  The resultingfierce rebound signals it is already underway, with plenty of speculators andinvestors now chasing th...Read More

This week, the US scored a sad record. The number of deaths related to the coronavirus in the US surpassed the death toll in China. What does it imply for the US economy and the gold market?US Epidemiological Situation Is GrimJust as people were overly optimistic before the stock market top, they can be too pessimistic right now. This is a real risk and we take it into account. However, the incomi...Read More

Item: March 16, 2020. A hugepoly-metallic (gold, silver, copper) mining operation in Mongolia "has suspendedoperations" after authorities "restricted the movement of goods andpeople within the country." Item: March 17. In Peru, one of the world's largestprimary silver-gold producers has its 4 mines "temporarily suspended"following the Government's Declared S...Read More

Technical analyst Clive Maund charts silver and explains why he is bearish in the short to medium term.Whichever way you cut it, silver's chart looks bearish for the short to medium term, but against this we must set its rapidly improving COT structure and the mega-bullish silver to gold ratio (by all past standards). Silver's 7-month chart is a rather grim picture. On it we see that key support f...Read More