One of the many bothering issues about the coronavirus crisis, is whether it will turn out to be inflationary or deflationary. What do both of these scenarios mean for gold ahead?US Inflation Rate Declines in MarchMany people are afraid that the coronavirus crisis will spur inflation. After all, the increased demand for food and hygiene products raised the prices of these goods. Moreover, the supp...Read More

A summary of Tata Steel's provisional financial results for the fourth quarter and full year of its 2020 year ended March 31, 2020.In brief Steel demand has declined due to the Covid-19 pandemic in Europe with customers, including automotive producers, pausing production and utilization levels currently at 70%. Sales and production for the full year were down year on year, but...Read More

Our Adaptive Fibonacci Price Modeling system incorporates anintelligent “Inference Engine” into internal decision-making and futureanalysis.  This type of “Adaptive Learning”is one of the core elements of Artificial Intelligence – the ability to readinputs, adapting to price structures and setups and infer expectedoutcomes/results based on a complex decision-maki...Read More

Due to several recent events, including a price war initiated by Russia, the price of oil has declined to record-low levels these past couple of weeks. Subsequently, the price decline resulted in a massive worldwide panic which pushed the price down even further. While the panic might reasonable and based on a real fear of what the situation might lead to, there are still ways that investors can p...Read More

The Covid-19 pandemic could nudge Chinese steelmakers toward using more electric-arc furnaces (EAF) to produce steel, market sources say.This is especially due to the huge market uncertainty caused by the ongoing global economic crisis. EAF-based production could offer mills - most of which are still heavily reliant on blast furnaces (BFs) - the flexibility they need in such circumstances to reduc...Read More

Recent shifts in the markets suggest gold prices are about to breakout in the same manner as they did over the summer last year.The price of gold is a small distance away from the March highs ahead of the North American open on Monday and a fresh seven-year high looks to be probable.Many factors impact the price of gold but there are few specific things that I am looking at that lead me to believe...Read More

COLORADO SPRINGS, April 22, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") announced today that Mexico extended its national health emergency for another 30 days until May 30, 2020 to combat the spread of the COVID-19 virus. The extension order was published April 21, 2020 in the Official Gazette of the Federation and extended th...Read More

"The stone age didn't end for lack of stone, and the oil age will end long before the world runs out of oil." Sheik Ahmed Zaki Yamani, Saudi Arabian lawyer & politician, Minister of Oil & Mineral Resources 1962-1986, and a Minister of OPEC for 25 years; b. 1930 You may ask yourselfWhat is that beautiful house?You may ask yourselfWhere does that highway go to?And you may ask yourselfAm I right...Read More

Miles Franklin sponsored this article by Gary Christenson. The opinions are his and are not investment advice.Breaking News:Exponential growth in COVID-19 cases is frightening, just like exponential growth in debt, government expenditures, and "borrow and spend" policies.The COVID-19, aka World War C, is a game changer, a reset.U.S. official cases on March 5 were 159.U.S. official cases on March...Read More

By Hubert Moolman 22 April 2019 During the 2008 financial crisis the Fed significantly increased the US monetary base to keep the system from collapse. They are currently in a similar situation, and have done (is doing) the exact same thing. Here is a chart of the US monetary base to illustrate the similarity: With the 2008 actions they were able to avoid the collapse until now. Will the c...Read More

By Ricky WenTuesday's session saw an immediate downside continuation based off of Monday's double top/lower high setup. Essentially, the bears broke support and hit a quick homerun into the daily 20EMA 2718 target on the Emini S&P 500 (ES), and then buyers/bulls showed up to put a temporary floor in place. It was a fairly simple trend day to the downside that could be classified as a 'gap down a...Read More

By definition, Black Swans in financial markets are rare, extreme events. How do you survive, possibly even thrive when the unthinkable happens? Let's evaluate the pros and cons of some Black Swan mitigation strategies:Black Swan betsNassim Taleb's best-selling "Black Swan" author has in the past suggested that he's constantly taking small losses in hopes of a big payoff some-day. The Pro: if th...Read More

TOO BIG TO FAIL?With the whole world rubbernecking at the scene of crude oil's crackup, you could lose sight of why it matters. Listening to Trump fret about it tells us nothing. He has endorsed collusion by energy suppliers, the better to push prices back up to...whatever. But he hasn't said why this would be a good thing. It's not as though we're all feeling sorry for the likes of Exxon and BP...Read More

By: Ira EpsteinIn a corrective mode. Gold's sell-off culminated on Tuesday? The gold swing-line above a $1768..Read More

Full Gold Crown FEB 2 2020 I posted the potential for this just as the virus was becoming a thing.https://goldtadise.com/?p=455805.................RAMBUS WEEKEND REPORT MARCH 2017"Below is a 75 year quarterly chart we were watching very closely during the last impulse move down, because it broke below the brown shaded support and resistance zone going all the way back to the early 1970's. When t...Read More

The correction in gold is over. Continue with a buy on sharp dips strategy in silver. Look for signs of trend reversal in copper and crude oil. Extreme leverage with crude oil is the key reason for crude oil and crude oil related stocks to fall. At the end of the day fundamentals are the key. Now you know the real price of crude oil. Now you know how much you were being duped for your petrol/gas...Read More

Vietnam's Formosa Ha Tinh Steel Corp will not announce its monthly offer prices for its steel supply for the first time in history."The company will engage in private price negotiations with individual customers based on their demand and inventory levels," a source told Fastmarkets on Wednesday April 22.Formosa Ha Tinh Steel Corp is one of two major blast furnace-based producers in Vietnam, togeth...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

Here are five Fastmarkets stories you might have missed on Wednesday April 22 that are worth another look.The Covid-19 pandemic could nudge Chinese steelmakers toward using more electric-arc furnaces (EAF) to produce steel, market sources say.Aluminium stocks on the London Metal Exchange continue to rise and there is now a lack of warehouse space in key Asia locations in a situation that mirrors i...Read More