Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

Historyis full of intriguing sayings coming down to us from other cultures that informour thinking and behavior."Managinga large state is like cooking a small fish." – Lao Tzu."Astitch in time saves nine." – A 1700's sewing reference."Healingis a matter of time; sometimes a matter of opportunity." – Hippocrates.OneI especially like tra...Read More

The current year marks the 15th anniversary of the U.S. shale boom, a period in which fracking technology across such states as Texas, Colorado, New Mexico, North Dakota, and Wyoming helped establish the nation as a top oil and gas producer. Unfortunately, high costs of production compared with conventional drilling has led to the sector consistently printing red ink and resulted in considera...Read More

In 2018, before the trade war betweenthe US and China put the boots to copper demand, and covid-19 mine closures/abandoned expansion plans crimped supply, we made a bold prediction: thatcopper supply is NOT going to be able to keep up with demand in the long-term.Here’s what we wrote, in Thecoming copper crunch: Even with expansions at existingmines and the ramp-up of the relatively few new...Read More

Watching Gold fall to recent lows over the past few weeks has been heartbreaking for Goldbugs.  We know the real value of Precious Metals has continued to be under-appreciated over the past 24+ months – even though Gold has rallied from $1165 to over $2085 (an incredible 79%).  The recent 15% decline in Gold has shaken some investors away from the longer-term opportunities, so we w...Read More

With the Fed printing faster than ever, and a new round of COVID being reported by the government, is there a chance all of that new money...Chris Vermeulen with Chris Marcus of Arcadia EconomicsWith the Fed printing faster than ever, and a new round of COVID being reported by the government, is there a chance all of that new money could finally push #silver up to $50 in 2021?Chris Vermeulen of Th...Read More

What were some of the more interesting things revolving around silver this year?by David Morgan of The Morgan ReportWatch this video on The Silver Yearly Wrap Up, then please share with your friends and family on social media and use the caption: The Silver Yearly Wrapup.Let My Passion Create Your Wealth.I've Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join M...Read More

Silver has certainly had a wild ride this year, more than living up to its super-speculative reputation. It got sucked into the overwhelming...by Adam Hamilton of Zeal LLCSilver soared last summer on skyrocketing demand from stock traders stampeding into silver-ETF shares. These huge positions that sure looked speculative initially have largely stayed deployed since, even riding out a silver cor...Read More

America has elected a new President. It was a close race, but Joe Biden eventually won and he will be inaugurated and take office in the White House on January 20. The price of gold rose initially in the aftermath of the elections, only to plunge on the news regarding Pfizer’s vaccine breakthrough, as the chart below shows. This is what we know.But what’s next for the price of gold? Wh...Read More

The price of gold returned to above $1,800. Is the correction over?As the chart below shows, the price of gold rebounded, jumping from $1,763 to $1,811 on Tuesday (December 1) and increased further on Wednesday. As a reminder, the price of gold corrected more than 6 percent in November and almost 15 percent from its peak in August. Now, the key question is whether the worst is behind the gold bull...Read More

Metals Ratios Continue to Indicate InflationAnd that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail this mess out once again. And this is no comment on COVID-19. The economy was slowly decelerating last year well before this guy showed up (I like the picture, okay?)…The yield curve bottomed and turned up in Augu...Read More

Premium hard coking coal prices in fob and cfr markets rose on Monday December 28 after transactions were sealed at higher prices.In the meantime, the 11th round of Chinese domestic coke price increase has started. Fastmarkets indicesPremium hard coking coal, fob DBCT: $104.08 per tonne, up $0.37 per tonnePremium hard coking coal, cfr Jingtang: $199.80 per tonne, up $1.26 per tonneHard coking coal...Read More

My researcher team and I have highlighted a number of recent articles about Gold and Silver and how we believed the longer-term price activity and technical analysis supported a broad market advance in Precious Metals over the next 5+ years.  If not, check out Part I and Part II of our recent Gold and Silver research and price predictions. Today, we are seeing further evidence that metals are...Read More

Seaborne iron ore prices declined on Monday December 28 due to a downtrend in steel prices over the weekend and cold-weather concerns in China, sources said. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $163.85 per tonne,down $2.20 per tonne62% Fe low-alumina fines, cfr Qingdao: $164.50 per tonne,down $2.80 per tonne58% Fe fines high-grade premium, cfr Qingdao: $153.02 per tonne,down $1...Read More

Gold and silver exchange-traded funds (ETFs), a measure of large investor interest, areexperiencing outflows as opposed to an almost interrupted inflow over the lastfew months.Mining stocks which either look for orproduce these metals have been moving sideways, testing the "mettle"of even perma-bulls.Many investors see these as negative signs. But I view it as a Mr. Market's last big eff...Read More

Gold plunged below $1,800. Will these declines finally end?November doesn’t look like a good month for gold. The declines in the precious metals market continued last week. As the chart below shows, the price of the yellow metal dropped to $1,779 on Friday (November 27). What is going on? Well, it seems that investors have switched into a risk-on state of mind, which sent the safe-haven asse...Read More

It’s crunch time for gold and the U.S.Dollar Index (USDX), as they find themselves at a crossroads. As of Wednesday,the USDX is holding its lows but wants to move up, thus invalidating itsbreakdown. And gold? Well, gold did gain a bit today, but it’s essentiallyjumping up in an elevator that’s moving down – it just doesn’t have enoughsteam to break out.While it’...Read More

Although the apparent results of the 2020 election are still being contested, members of the global ruling elite are already looking forward to a post-Trump era in American politics – and a post-vaccine world economy.They have encapsulated their policy agenda for 2021 and beyond into two words: “Great Reset.”The notion of a Great Reset comes directly from the World Economic Forum...Read More

The last time I wrote a title like the above was on June 19th; and wouldn’t you know that the correction ended the very next trading day? The consolidation breakout on Monday, June 22 created the gap you will see as a downside objective on the daily chart of HUI below.Gold Sector Correction is Maturing (6.19.20)That was a routine correction as gold and the gold miners were still part of one...Read More

Gold plunged to $1,800. What does this imply for the gold market?Whoa! Tuesday, November 24 wasn’t too good for gold. The price of the yellow metal plunged then from $1,840 to $1,800. Actually, November was an awful month for gold prices, which dropped from a local peak of $1,941, or more than 7 percent. So, what happened? Well, it seems that the positive news of the vaccines eliminated the...Read More

RAPAPORT... While many would consider 2020 one of the most challenging years the industry has faced, auction sales told a different story, as successful digital offerings changed the road map for how customers bought luxury products. "While undoubtedly there will still be a place for traditional auctions in the saleroom, the fast-tracked digital route in 2020 has already changed and will continue...Read More