Ted Butler Having focused intently on the running open losses of the 8 big shorts (ex-JPM) for the past year, the latest price surge would seem to put the 8 big shorts in particular serious jeopardy. Simply put, the open losses ($7.8 billion, as of Friday, May 15) have never been larger, while the prospects for the big shorts buying back all or most of their short position at anywhere near brea...Read More

By: Ira Epstein Vaccine hopes yesterday helps markets. Gold was initially up on the Fed Chair's comments but then after the vaccine news, it took gold and silver from its highs. But the current set-up...Read More

Money manager Adrian Day reviews developments at three gold and silver companies in his portfolio. Vista Gold Corp. (VGZ:NYSE.MKT; VGZ:TSX, US$0.807) continues to advance the Mt. Todd project in Northern Territories, Australia, as it monetizes non-core assets to maintain a healthy balance sheet without dilution. As it awaits its final permit, the improvements at Mt. Todd are now incremental, with...Read More

So here we are, with the sector leading the recovery out of the March crash during still-deflationary times. Inflation? It is not yet anywhere to be found, and that probably has a lot of inflation-centric would-be gold boosters on the sidelines. Someday, when these ladies are in full cheer with inflation signals rising, it will be time for caution.Meanwhile, for years we have stuck to the real fun...Read More

The gold price made a new 2020 high today and looks poised to take out the nominal all-time high around $1,920 and then challenge $2,000 in the months ahead. Some are even estimating that gold could climb to $3,000 by year-end on account of the nearly $10 trillion in new money/debt/stimulus that is being created in the US alone to fight the pandemic.This 2020 gold price target of $3,000 is a littl...Read More

Precious metals have been on our radar for many months and, if you’ve been paying attention, you probably already know our research suggests Gold and Silver are one of the best investments you can make right now.  Recently, we shared this article suggesting Gold would need to rally above our proprietary Fibonacci Price Amplitude Arc (GREEN Arc) level near $1745 before it would attempt a...Read More

Mike Gleason (Money Metals Exchange): It is my privilege now to interview our good friend, Greg Weldon,CEO and President of Weldon Financial. Greg has decades of market research andtrading experience specializing in the metals and commodity markets and he evenauthored a book back in 2006 titled Gold Trading Boot Camp wherewe accurately predicted the implosion of the U.S. credit mark...Read More

Crude oil soared higher yesterday and also intoday’s pre-market trading, which shows you why it was a good idea to remaincautious yesterday, even despite crude oil’s breakdown below the rising supportline.  We previously wrote the following:We saw a tiny breakdown onWednesday, but it was not based on the decisive move lower, but rather based onthe fact that time passed and the ne...Read More

With three very impressive advanced stage silver projects coming online over the next three-four years (Juancipio: 2020, Las Chispas: 2022, and Corani: 2023/2024), what comes after? This leaves very few silver projects to be excited about. There are a very large number of higher-grade deposits that are relatively small (i.e. those owned by Alexco Resource and Aurcana) and a larger number of low-...Read More

Graceland Updates By Stewart Thomson 1. To view an important weekly gold chart, please click here now. Double-click to enlarge. Gold is consolidating after reaching substantial resistance in the $1800 area. 2. There was wild gyration in 2012 around that resistance zone and a breakdown that disappointed investors.3. In contrast to the price action then, the world's "Queen o...Read More

By Hubert Moolman In my previous article, I've written about how important US dollar movements are for future Silver prices. The chances of a significant Silver rally during US dollar strength is very low; and it is very high during US dollar decline. The structure of the Silver bull market since 2001 has a lot in common with that of the 70s bull market. However, one of the important differenc...Read More

Ted Butler Having focused intently on the running open losses of the 8 big shorts (ex-JPM) for the past year, the latest price surge would seem to put the 8 big shorts in particular serious jeopardy. Simply put, the open losses ($7.8 billion, as of Friday, May 15) have never been larger, while the prospects for the big shorts buying back all or most of their short position at anywhere near brea...Read More

By: Ira Epstein Vaccine hopes yesterday helps markets. Gold was initially up on the Fed Chair's comments but then after the vaccine news, it took gold and silver from its highs. But the current set-up...Read More

Does it seem somewhat bizarre that with the Fed running an open-ended hyperinflation campaign, that silver is still trading at $15?Marc Faber interviewed by Chris Marcus of Arcadia EconomicsDoes it seem somewhat bizarre that with theFed running an open-ended hyperinflation campaign, that silver is still trading at $15?Dr. Marc Faber of the GloomBoomandDoomReport finds it odd, although simultaneous...Read More

A lot happened in the silver market during yesterday's BIG RISE in price, but LONG LIQUIDATION wasn't one of them! Here are the details...by Harvey Organ of Harvey Organ BlogMAY 18//INTERESTING RESULTS ON 8 HEALTHY SUBJECTS PROPELS MODERNA AND THE STOCK MARKET//DOW UP 911.95 POINTS//NASDAQ UP 220 POINTS//GOLD WHACKED BY $15.40 DOWN TO $1731.80//SILVER UP 40 CENTS//PALLADIUM AND PLATINUM ALSO UP//C...Read More

RAPAPORT... The Diamond Producers Association (DPA) has revealed plans for a radical overhaul that will see it change its name, drop the "Real Is Rare" tagline and introduce a new advertising campaign for the holidays.Starting June 1, the marketing group will unveil a fresh identity and launch new consumer and trade websites and social-media campaigns, David Kellie, the DPA's new CEO, said Tu...Read More

RAPAPORT... Baselworld's organizers are planning to change the event's name, restructure its format and choose a new location following its falling-out with exhibitors and the cancellation of its January 2021 show."The date of January 2021 has been abandoned and the name of Baselworld is going to be dropped," a spokesperson for parent company MCH Group told Rapaport News Monday. "A new format...Read More

RAPAPORT... US polished-diamond imports fell in March to their lowest level since December 2002 as the coronavirus hit global trading. The month saw the 12th consecutive year-on-year decline, according to Rapaport archives based on data from the US Commerce Department. US Trade Data for March 2020Read More

RAPAPORT... The Gemological Institute of America (GIA) has reopened laboratories in five locations following COVID-19 shutdowns.The organization's labs in Johannesburg and Tokyo recommenced limited operations on May 7, the GIA said Monday. Visitors to the Johannesburg lab must make an appointment, have a permit, and wear a mask. The Tokyo location will accept and return goods by delivery only...Read More

(IDEX Online) - Indian government officials are under increasing pressure to allow up to 30 per cent of diamond workers in Surat to return to work. The cut-and-polish hub has been dormant since the COVID-19 lockdown was imposed on 25 March. Authorities 200 miles away in Mumbai last week said jewelry businesses there could allow up to 10 per cent of their workforce to return, as long as they were f...Read More