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
In this first trading week of 2021, a new investment theme appears to be emerging. That theme can be summed up in a single word – reflation.A resurgence of inflation is being priced into asset classes across the board. Stocks are rallying to new records. Shares of Tesla and alternative energy companies are going to the moon. Marijuana stocks are suddenly back in vogue. Bitcoin is going bonke...Read More
2021 started off well for gold. It’s not surprising, as January is usually positive for the yellow metal, but the Georgia runoff results may constitute an additional bullish factor in the longer term.What a start to the new year! Gold has begun 2021 very well : as the chart below shows, the price of the yellow metal (London A.M. Fix) increased from $1,891 on December 31, 2020 to $1,947 on Ja...Read More
If you follow our research, you already know my research team and I have authored multiple articles related to how Metals and Miners are poised for a big rally in 2021 and beyond. But do you understand what this means for other market sectors and assets? Are you ready for one of the most dynamic investing environments we’ve seen since 1945 or earlier? Gold and Miners are showing...Read More
The thing that most likely raisedquite a few eyebrows this week was – in addition to gold’s recent move byitself – the fact that gold rallied mostly without the dollar’s help. Yesterday(Jan. 5) I wrote that one swallow doesn’t make a summer and that a singlesession rarely changes much.We didn’t have to wait for long – thesituation seems to be getting back...Read More
Peter Krauth discusses the confluence of factors that points to the gold bull market having plenty of upside ahead. In investing, as in life, perspective is everything.To some, gold at $1,525 as we started out 2020 seemed expensive. Today, it's trading at $1,940, producing a 27% gain.And yet, from several viewpoints, gold still looks cheap at current prices. Debt, easy money and geopolitical risks...Read More
Technical analyst Clive Maund discusses the dollar's fall and what it means for gold. We now have a very rare setup for gold which is in position to "go ballistic" as the dollar collapses. The dollar is being intentionally destroyed by the Fed, which is creating dollars in vast unprecedented quantities in order to buy up distressed assets on the cheap and in order to pave the way for the new "digi...Read More
Gold ended 2020 at $1,891, partially thanks to monetary policy easing. In 2021, the Fed may not trigger a comparable rally in gold, but it should offer gold prices some support.Welcome to 2021! I hope that it will be a wonderful year for all of you; a much healthier, calmer and normal year than 2020 was. And even more profitable of course! Indeed, at least gold bulls could be satisfied with the la...Read More
If global elites have their way, 2021 will bethe year of the “Great Reset.”They believe now, after the coronavirus and lockdownpolicies have inflicted a heavy toll on the public, is the perfect opportunityto implement their technocratic vision.Their longstanding plans to transform economiesin the name of various “sustainability” and “equity” goals are beingaggre...Read More
RAPAPORT... Lucapa Diamond Company's revenue plunged in the fourth quarter as the miner delayed sales while it negotiated a partnership agreement with manufacturer Safdico.The company did not garner any revenue from its Mothae mine in Lesotho while it concluded talks over a sales deal with the Graff subsidiary related to rough from that site. In addition, it held only one sale of goods from its Lu...Read More
RAPAPORT... The US jewelry industry continued to downsize in the fourth quarter of 2020, with 91 companies leaving the business, according to data from the Jewelers Board of Trade (JBT).Only one firm went bankrupt, while 21 dropped out due to mergers or takeovers, the JBT reported last week. A further 69 closed for other reasons.The number of exits plunged 71% compared with the same period of 2019...Read More
RAPAPORT... The Women's Jewelry Association (WJA) has chosen Susan Chandler, the chief merchandising officer for Citizen Watch America, as president-elect of its international board of directors. She will serve in the position during the term of office that runs from 2022 to 2023. In her role at WJA, Chandler will help foster community, connection and collaboration within the trade, the assoc...Read More
(IDEX Online) - Diamond billionaire Beny Steinmetz has been sentenced to five years in jail after a Swiss court convicted him of bribing officials in Guinea for valuable mining rights.He was found guilty of paying $8.5m in bribes to Mamadie Tour?? (C), ex-wife of Lansana Cont?? (C), the country's former president, to secure iron ore rights for the BSGR Group (Beny Steinmetz Group Resources).I...Read More
Although markets look strong and poised to soar higher, valuations will play a vital role this year. Stocks already at peaks with large premiums could see some pullback in the short to medium term. Here are three such TSX stocks investors must be cautious with.BlackBerryThe Canadian software company BlackBerry (TSX:BB)(NYSE:BB) has been in the news recently for all the right reasons. The stock, wh...Read More
Despite the strong rally in the Canadian equity markets over the last nine months, we can still find few undervalued stocks that can deliver superior returns over the next three years. We will look at three such companies in this article.KinaxisKinaxis (TSX:KXS) provides cloud-based solutions that aid supply chain companies in planning and decision making. Since going public in June 2014, the comp...Read More
In the last few years, the demand for electric cars has skyrocketed. Elon Musk-led Tesla’s success story is a great example of how electric vehicles (EV) to help make the environment much cleaner and benefit investors from the ongoing EV revolution.That’s why there couldn’t be a better time to invest in companies that are betting high on the growing EV market.Elon Musk’s en...Read More
The fourth-quarter 2020 earnings season is upon us. Several Canadian firms will release financial results for the last quarter of a difficult 2020 this week. However, it’s not the earnings results alone that will matter with the following three top TSX stocks. One of them will release two material operating updates this week.Here are three top TSX stocks to watch during this final week of Ja...Read More
The Bitcoin frenzy seems to be cooling. This unregulated volatile cryptocurrency that surged almost 200% between November 2020 and January 10 has dropped 20% in the last 10 days. To give you an idea in dollar terms, Bitcoin fell from $51,521 to $41,175. The celebrated value investor Warren Buffett has despised Bitcoin for not one, not two, but countless reasons. As this digital currency falls...Read More
Warren Buffett has historically been one of the biggest bears on Wall Street with respect to gold as an asset class. The Oracle of Omaha’s views on gold as an asset class don’t appear to have changed. The unproductive nature of gold (just a piece of metal that sits there) has never appealed to Buffett. However, it appears the gold mining business is one which has struck gold (had to do...Read More
Here are five Fastmarkets stories you might have missed on Monday January 25 that are worth another look.The London Metal Exchange will launch its new cash-settled lithium futures contract on June 14, 2021, settled against Fastmarkets' price assessment for lithium hydroxide monohydrate.Liberty Steel Group has completed...Read More
The London Metal Exchange will launch its new cash-settled lithium futures contract on June 14, 2021, settled against Fastmarkets' price assessment for lithium hydroxide monohydrate. The exchange will also add another aluminium cash-settled futures contract to its suite with the launch of a new European duty-paid aluminium premium contract settled against Fastmarkets' benchmark Rotterdam premium....Read More