Adamas said this week that 104% more nickel was deployed in new passenger EV batteries in February, up 104% year-on-year.Manganese deployment was up by 96% and cobalt deployment was up 87% for the same period."While usage of all three cathode metals saw major gains from February 2018 through February 2019, nickel enjoyed the greatest gains on account of the auto industry's ongoing shift from no or...Read More

The Australian executive is reluctant to claim a mining boom is underway, but improved market conditions and a surge in activity in the Americas have certainly taken Ausenco out of the doldrums whereRead More

When oil prices crashed below $50 per barrel last November, I told you that oil looked cheap and that every one of you needed to prepare for the next run higher.Given the strength of global demand, it was inevitable that crude prices were going to head higher.A few weeks later, oil prices started making a huge comeback.So far in 2019, WTI prices have increased nearly 50%.It wasn't a surprise, dear...Read More

Having artfully freaked out a whole bunch of investors by breaching nearby support and dropping quite sharply, so that they have panicked and scurried over to the wrong side of the boat again, the PM sector appears to be in the process of reversing to the upside now right where we would expect it to - at the lower boundary of its main upside channel, which we can see to advantage on the 1-year c...Read More

By: Stewart Thomson, Graceland Updates1. The weak physical demand season continues to cause gold to drift with a clear but modest downside bias. 2. Despite the swoon, most top bank analysts are extremely positive in their outlook for gold in the second half of the year. 3. Please click here now. Standard Chartered analyst Suki Cooper notes a high correlation between the Fed's a...Read More

The bull market has gone vertical, suggesting stocks are in a blowoff phase. Where will it end? We'll hazard a guess simply because it's irresistible fun, and because one of these days we're going to get it right. Let me therefore offer 2953.50 for the June contract, or 2974.25 if any higher. Both seem likely to show stopping power, even if equally compelling rally targets got bulldozed on...Read More

By: Ira EpsteinDaily gold market showing it falling apart...Read More

I believe that the fall in gold prices is good for gold jewelry demand in Asia. Prices are still very high in my view all over Asia. The more the correction in Asian gold prices, the more the demand in Asia. There will be a slight dip in gold demand around 6th May in Islamic nations as the fasting month of Ramadan begins. The factors driving down gold are the same (a) Positive view on global e...Read More

Jeff Deist explains why rich capitalists now suggest the erosion of capitalism and if they would be in the same position if they had lived under their alternate economy.Read More

Link to the Slides and Sources: https://www.itmtrading.com/blog/monet...In my opinion, the chart on Monetary Velocity from the Federal Reserve, is the most important chart because it can give us the early warning of hyperinflation. I say this because it's really a measure of the speed that money changes hands and how many hands the same money passes through. In this way, it's a gauge of inflation,...Read More

So far, there's not much going on today with an absence of economic datapoints and other news. So let's take the day to discuss two other items that have been on my mind recently.Continue...Read More

The company's president and CEO hopes the former Secretary of the Interior will contribute to furthering the permitting process for its Wyoming project. On April 16, U.S. Gold Corp. (USAU:NASDAQ) announced the appointment of Ryan K. Zinke, who resigned last December as U.S. Secretary of the Interior, to the company's board of directors.U.S. Gold's president and CEO, Edward Karr, praised the appo...Read More

Recent positive news suggest the US economy spring revival. But what about gold? Will it blossom? Will the gold love trade take reins from gold as a safe haven play?Retail Sales SurgeLast week, the government has released its latest report on the retail sector. The retail sales jumped 1.6 percent in March, the best results since September 2017, as one can see in the chart below.The change was abov...Read More

Saudi Arabia, the world’s top oil exporter and OPEC's largest producer, has influenced the oil market and oil flows since the middle of the 20th century.Shortly after the 21st century began, one of Saudi Arabia's key customers made its first steps toward becoming one of the Kingdom's main competitors on the global oil market: the United States began fracking for oil in the mid-2000s. By the...Read More

The downside potential in precious metalsdiscussed last week is playing out as Gold and gold stocks have broken downtechnically. The global economy appears to be firming andthat is evidenced by a sustained rebound in global equity markets. As a result, the potential for a rate cutwhich pushed precious metals higher is now unwinding. That has caused thebreakdown in precious metals and there is more...Read More

Eight years ago this month, silver started its “next big move”.  And that move continues today. It is awesome to behold. See the chart (ten-year history of silver prices) below… After an intraday peak price spike to $49.82, silver has tumbled head first down the mountain slope to its current level of just under fifteen dollars per ounce, at $14.98. That represents a cumul...Read More

Having artfully freaked out a whole bunch of investors by breaching nearby support and dropping quite sharply, so that they have panicked and scurried over to the wrong side of the boat again, the PM sector appears to be in the process of reversing to the upside now right where we would expect it to - at the lower boundary of its main upside channel, which we can see to advantage on the 1-year c...Read More

By: Stewart Thomson, Graceland Updates1. The weak physical demand season continues to cause gold to drift with a clear but modest downside bias. 2. Despite the swoon, most top bank analysts are extremely positive in their outlook for gold in the second half of the year. 3. Please click here now. Standard Chartered analyst Suki Cooper notes a high correlation between the Fed's a...Read More

The bull market has gone vertical, suggesting stocks are in a blowoff phase. Where will it end? We'll hazard a guess simply because it's irresistible fun, and because one of these days we're going to get it right. Let me therefore offer 2953.50 for the June contract, or 2974.25 if any higher. Both seem likely to show stopping power, even if equally compelling rally targets got bulldozed on...Read More

By: Ira EpsteinDaily gold market showing it falling apart...Read More