Digging Deep

End of Banks in Canada?

September 16, 2024

Defense Metals in the Media

February 16, 2024

Our 2024 Predictions, Part 2

January 11, 2024

Our 2024 Predictions, Part 1

January 02, 2023

Can Gold Hit $3,000 in 2024?

29 December, 2023

Will Bitcoin ETFs Kill Gold?

November 21, 2023

What's Next for Gold?

06 June, 2023

Platinum and Palladium

February 2022

Transition to Production

June 15, 2021

Silver Suppression?!

February 02, 2021

Gold: Year in Review 2020, and 2021 Outlook

January 04, 2021

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

AbraPlata: CMR's full analysis of an Argentina focussed gold and silver junior

May 2020

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

Is green smelting possible?

September 13, 2021 / www.woodmac.com

With 2021 shaping up to be the year the world got serious about decarbonisation, every sector can expect to come under the climate change microscope. The vast carbon emissions from steel and aluminium production often overshadow the environmental impact of zinc, lead and copper smelting. But the energy-intensive process of producing these metals is far from squeaky clean. So, is ‘green&rsquo...Read More

BHP's all-share offer for Anglo American

April 29, 2024 / www.woodmac.com

BHP has made an all-share offer for Anglo American which valued the company at US$40.7 billion, conditional upon separate demergers by Anglo American by distribution of its entire shareholdings in Kumba and Anglo-American Platinum Limited to Anglo American shareholders. Anglo American’s board has unanimously rejected the proposal from BHP on the basis of valuation and uncertainty associated...Read More

Copper: Powering up the electric vehicle

August 13, 2019 / www.woodmac.com

For details on how your data is used and stored, see our Privacy Notice.Copper is a cornerstone of the EV revolution.At the heart of the electric vehicle, copper is used throughout because of its high electrical conductivity, durability and malleability. And even more is used in charging stations and in supporting electrical grid infrastructure.We explore why copper is inseparable from the EV stor...Read More

The America-First Era Begins

March 03, 2025 / dailyreckoning.com

By the early 5th century, the Roman Empire was in decline. Much of its territory had been lost, its monetary system was being debased, and the political system had devolved into chaos.In 452 AD a massive barbarian force led by Attila the Hun had pillaged Europe and was now inside the core of the empire.It didn't seem like Roman forces would be able to stop them.Emperor Valentinian III sent the Pop...Read More

Newsweek: Will DOGE Audit Fort Knox?

February 17, 2025 / www.bullionvault.com

LONDON, 17 February 2025 - Practical insight from BullionVault features today in a report published online by Newsweek, the globally-respected US current affairs magazine, about the sudden calls on social media to audit the US Treasury's gold reserve."You don't want an audit per se, you want an inspection and a tally count," says Newsweek, quoting BullionVault and explaining the difference between...Read More

Gold Stocks Valuation Anomaly / Commodities / Gold & Silver Stocks 2024

February 10, 2025 / marketoracle.co.uk

The gold miners’ stock prices have largely decoupled from their metal, which overwhelmingly drives their profits.This fundamental disconnect has spawned a shocking valuation anomaly, with gold stocks far too low relative to gold.But this aberration won’t last, as markets abhor extreme deviations from precedent.Mean reversions and proportional overshoots soon follow, so gold stocks will...Read More

Gold Stocks' Remain Exceptionally Weak Even as Stocks Rise / Commodities / Gold & Silver Stocks 2024

December 27, 2024 / marketoracle.co.uk

Calm before the storm, anyone?Turning Points AheadSo far, this week has been calm.However, as you read in my previous analysis, the turning points are near andwe still have four more sessions before the end of the year. Bitcoin justfailed to move above $100k again, and it is declining in the pre-markettrading, and S&P 500 futures are down as well. Time will tell if that wasthe beginning of a b...Read More

Gold's Remarkable Year / Commodities / Gold & Silver 2024

December 27, 2024 / marketoracle.co.uk

Gold truly enjoyed aremarkable 2024, relentlessly powering higher to many new records.  Gold achieved a rare monster-status upleg,which proved extraordinarily-unusual. Big gains stacked up despite extreme overboughtness, speculators’exceedingly-overextended gold-futures positioning, and American stock investorsnot yet chasing gold’s upside.  Severalsources of major globa...Read More

Fed Tests Gold Price Upleg / Commodities / Gold & Silver 2024

December 22, 2024 / marketoracle.co.uk

The Federal Reservesomehow surprised traders with a hawkish rate cut this week.  While that had been expected, apparently theFed’s projected rate-cut trajectory slowed even more than feared.  So market reactions were violent, includingthe US dollar blasting higher unleashing heavy gold-futures selling.  This is the latest in a long line ofFed-spawned tests of gold’s resi...Read More

Silver's Evolving Market: Bright Prospects and Lingering Challenges / Commodities / Gold & Silver 2024

December 18, 2024 / marketoracle.co.uk

Silver is stepping back into the spotlight, glinting with the promise of rising prices, surging demand, and shifting market dynamics. Building on insights from my previous article, “Silver Worth $150-$170? Facts to Make the Case for a Major Price Surge,” it’s clear the metal isn’t just playing second fiddle to gold, it’s tuning up for its own symphony. Current Market...Read More

Extreme Levels of Work-for-Gold Ratio / Commodities / Gold & Silver 2024

December 18, 2024 / marketoracle.co.uk

How many hours of work would it take topurchase one ounce of gold? Now you’ll know. Interesting, right?The 1980 Peak StillReignsGold price truly peaked in the 1980,and while it moved to new nominal highs in 2011, this wasn’t the case in termsof how much one would have to work for it. In 2011, gold peaked slightly belowthe previous high. This year, we saw another move to those extreme v...Read More

Got Copper or Gold Miners? Watch Out / Commodities / Metals & Mining

December 15, 2024 / marketoracle.co.uk

Copper, silver, and gold quite often movetogether, especially during the big moves.Impending Massive SlideAnd this is currently very helpful.Given gold’s recent decline and a muchbigger decline in silver and mining stocks, one might wonder whether miners’and silver’s weakness are telling the truth about the precious metals market’soutlook, or if it’s gold that’s...Read More

Gold Price Multiple Confirmations - Are You Ready? / Commodities / Gold & Silver 2024

December 08, 2024 / marketoracle.co.uk

In my yesterday’s Gold TradingAlert, I wrote that we had some clues regarding the end of thecorrective upswing.CorrectiveUpswing Nearing Its EndWe saw an invalidation in the GDXJ (ofthe tiny move to new short-term highs), and before that silver outperformed ona short-term basis, which was also a bearish indication. Today, we got somemore. Today, miners are back in theirunderperform...Read More

Gold Price Monster Upleg Lives / Commodities / Gold & Silver 2024

December 08, 2024 / marketoracle.co.uk

Gold’s monster uplegremains alive and well, after weathering a sharp post-election selloff.  One had certainly been due, as gold had justsurged to extremely-overbought levels. The resulting pullback was big and fast, doing much essentialrebalancing work.  Gold’s resiliencedefying some bearish headwinds is a bullish omen.  Despite its massive size, this monster upleg...Read More

Gold After Trump Wins / Commodities / Gold & Silver 2024

November 29, 2024 / marketoracle.co.uk

Gold has sure had awild ride in the several weeks since the US elections!  It first plunged then surged after Trump’sdecisive victory, which surprised legions of traders.  Gold’s earlier big down days helped fuelfears another Trump administration is bearish for gold.  Its poor performance after Trump’s first wineight years ago buttresses that case. But that&rs...Read More

Gold Price Ahead of the Thanksgiving Weekend / Commodities / Gold & Silver 2024

November 27, 2024 / marketoracle.co.uk

Today we finally see it – the USDX movedlower at last. USD’s breather here is nothing surprising, and it’s not bearisheither.It’s simply normal for a market tocorrect after launching a rally as strong as what we saw in October andNovember. In yesterday’sanalysis, I wrote the following about the above chart:Yes,while I have been writing about USD Index’s likely s...Read More

Gold Price To Re-Test $2,700 / Commodities / Gold & Silver Stocks 2024

November 21, 2024 / marketoracle.co.uk

That’s an interesting situation that wehave today. Gold us up, but silver and miners are down. What gives? In short, it’s almost certainly all about the temporary impact from the stock market. The S&P 500 Index is downtoday. Not significantly, but enough to make the parts of the precious metals marketmore linked to it underperform.MiningStocks: Strength in the Current SetupGDXJ is...Read More

Gold Stocks' Winter Rally 2024 / Commodities / Gold & Silver Stocks 2024

November 03, 2024 / marketoracle.co.uk

The gold miners’ stocksare heading into their winter rally, when strong seasonal tailwinds help boosttheir advances.  This is especiallypronounced when gold stocks’ primary drivers of sentiment, technicals, and fundamentalsare bullish, which is certainly true today. This sector is nearing a psychological tipping point of surgingpopularity, making secular breakouts, and earnin...Read More

At These Levels, Buying Silver Is Like Getting It At $5 In 2003 / Commodities / Gold & Silver 2024

October 28, 2024 / marketoracle.co.uk

The current setup on the silver chart is alot like the start of the silver bull market of the early 2000s. In those dayssilver was under $5 and considered cheap.The current bottoming pattern from around2014 to now is very similar to the early 2000s bottoming pattern (see the chartbelow). I have highlighted two similar patterns(marked 1 to 5).The bottoming period of the early 2000s started when sil...Read More

This Points To Significantly Higher Silver Prices / Commodities / Gold & Silver 2024

October 27, 2024 / marketoracle.co.uk

Since the creation of the Federal Reserve,the Dow Jones has significantly outperformed silver.It was only during brief periods before the1919 and 1980 silver peaks that silver was able to outperform the Dow (see theDow/Silver chart below).                         The Dow/Silver ratio...Read More

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