If you are a producer or consumer, or are active in the physical markets, then you had better be aware of a new set of regulations that will make it all the more important for you to choose the right logistics partner from next year.The International Maritime Organization (IMO) has ruled that from January 1, 2020, the marine sector will have to reduce sulfur emissions by more than 80% by switching...Read More

Most major aluminium producers agree that tackling the carbon intensity of the smelting process is one of the biggest challenges facing their industry. What they cannot agree on is how to deal with the situation, as a lively panel hosted by Fastmarkets during LME Week at the end of October showed. Aluminium smelting is an energy-intensive business and the market is starting to differentiate b...Read More

Bearish macroeconomic signals and oversupply have put minor metals and ferro-alloys prices variously under pressure over 2019; the structure and terms of contracts agreed over the coming weeks will show how market participants are accounting for those signals ahead of 2020. A slowing global economy alongside uncertainty over the China-United States trade dispute and Brexit have slowed minor metals...Read More

Copper has attempted to rebound since early September following a marked sell-off in the summer months where macro and fundamental forces have been prevalent.On the macro front, copper has benefited from a slight easing in US-China trade tensions and more monetary policy easing across the globe - including China, where copper consumption is the most exposed - that has shored up investor sentiment....Read More

Canada’s main stock index rose to a record high on Thursday, largely due to gains from the materials sector. The materials group, including precious and base metal miners, added 0.6 percent. Gold was up 0.3% at 1,458.1 an ounce, which led to an increase in value of gold stocks as well. The Toronto Stock Exchange’s S&P/TSX composite index rose 13.95 points, or 0.1%, to 17,114.52. I...Read More

Bob Moriarty ArchivesDec 02, 2019As the world’s largest producer of nickel, the actions of the Indonesian government not only affect those companies working in Indonesia but also half way around the world. In 2014 the country restricted the export of nickel concentrate in an effort to force producers to construct smelting plants in the country.As a result production dropped from 400,000 tons...Read More

The latest sale, which was reported last week as involving a call spread option that La Mancha said allowed it to "remain exposed to the significant upside potential we see in (Evolution)", adds to the nearly $600 million worth of shares it sold last year.Prior to the sales La Mancha spent a combined circa $170 million on two fundraisings undertaken by Evolution.La Mancha originally received 322 m...Read More

AMS has three other contracts in Burkina Faso - at Sanbrado, Siou and Yaramoko - and it will continue to operate those contracts. The company had 19 of its workers killed and another 26 wounded when a convoy they were travelling in from Boungou came under attack. AMS has demobilised its workforce from Boungou via helicopter. According to Perenti it is doing "everything possible to e...Read More

Rick Perry wrapped up his final day as head of the Energy Department yesterday thanking his family, the American people, and the Trump administration for allowing him to serve the agency.Perry wrote in a tweet on Sunday, "Today I bid farewell to the Department of @ENERGY. It has been the honor and privilege of a lifetime to serve in the @realDonaldTrump Administration as your Secretary. Thank you...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 325,28653,65293,522191,548497,015610,356644,189 Change from Prior Reporting Period -12,0102,215-16,214-15,078-28,706-43,302-42,705 Traders 18560794955265170 Small Speculators LongShortOpen Interest 58,91225,079669,268 -6,641-7,238-49,943 non reportable po...Read More

Strengths? The best performing metal for the week was palladium, up 3.66 percent. Palladium reached a fresh record this week, reports Bloomberg, hitting $1,842.76 an ounce and extending this year's rally to 46 percent. Gold also witnessed safe haven buying following Trump's signing of a bill supporting Hong Kong protestors. Despite renewed hopes for a U.S.-China trade pact, hol...Read More

By: Larry LaBorde When considering the space requirements of $1,000,000, the first question is in what form? I will try to illustrate the volume and weight of $1 million dollars in three forms: $100 bills, gold eagle coins and silver eagle coins. I have had some customers surprised by the volume of metals they have ordered when it arrives. Some have been overwhelmed (usually with silver)...Read More

By: Gary Savage After 2013, we started see these huge pre-market dumps in gold. Banks playing the markets with massive contract dumps on the markets, in five minutes or less, usually in the pre-market where that contract volume size will start to..Read More

Keith Weiner, Monetary MetalsThe basic idea behind the Quantity Theory of Money could be stated as: too much money supply is chasing too little goods supply, so prices rise. We have debunked this from several angles. For example, we can use a technique that every first year student in physics is expected to know. Dimensional analysis looks at the units on both sides of an equation.Money supply...Read More

Dear Friend of GATA and Gold:Our friend J.D. writes today:"I write regarding the interesting response you received from Shawn Elizabeth Phillips, corporate secretary at the Federal Reserve Bank of New York, by e-mail dated November 13, 2019:http://www.gata.org/node/19583"The New York Fed's response points to purported Dodd-Frank law rules prohibiting disclosing for two years of the identities of...Read More

The next two weeks are big global economic data days and central banks meetings (including FOMC). Eastern European central banks have started increasing gold reserves. Those central banks whose gold have been stored in vaults in UK have started to repatriate their gold or have given their intention to take back their gold. But bank of England is not giving gold to South American nations. This wi...Read More

George Gammon is one of the most articulate YouTubers out there. George believes that the world is insolvent, especially the United States. The US has been paying interest on interest for decades. There's a limitation to how much money can be printed. Inflation has greatly diminished the purchasing power of the dollar and the worst is yet to come.Read More

Ever been curious about how Mike Maloney got his start in the gold industry? As Mike says at the very beginning of his new video with Ronnie Stoeferle of Incrementum, "This is the chart that started my career in precious metals."Listen to Mike tell the story of a chart he gave to Robert Kiyosaki at a conference, which Robert shared with his audience that day. It ultimately led to Mike writing a bo...Read More

A video out of China shows a man being interrogated by authorities while handcuffed to a metal chair for the crime of criticizing the police onlineContinue...Read More

The 50-year US war on drugs has been a total failure, with hundreds of billions of dollars flushed down the drain and our civil liberties whittled away fighting a war that cannot be won. The 20 year "war on terror" has likewise been a gigantic US government disaster: hundreds of billions wasted, civil liberties scorched, and a world far more dangerous than when this war was launched after 9/11.So...Read More