Responsible homeowners and landlords insure their property against fires, floods and violent storms. Sensible motorists insure their vehicles against inadvertent fender benders and costly collisions. Prudent investors own precious metals to protect financial assets from currency debasement, stock market meltdowns and economic collapse.Reducing risk and avoiding financial loss is the purpose of ins...Read More

It might have been tempting to thinkthat the recent move lower in the U.S. Dollar Index would serve to push goldhigher, as it usually does according to the traditional pattern. But these areextraordinary times and there are too many external factors weighing negativelyon the price of the yellow metal.As if the previous vaccine announcementsweren’t enough, the latest vaccine trials from Astra...Read More

Here are five Fastmarkets stories you might have missed on Monday November 30 that are worth another look.Italian authorities will finalize their takeover of a share in flat steel producer ArcelorMittal Italia on December 10, trade unions Fiom-Cgil and Uilm said on November 30.The first deal for...Read More

Peter Krauth explains why he believes Biden could become silver's best friend. It may seem like an unlikely match.But there are some big reasons why Biden could become silver's best friend.The main force behind this thesis is that we can expect stimulus. A lot of stimulus.More specifically, Biden is likely to do his utmost to bring on more general support for the economy through increased borrowin...Read More

Sector expert Michael Ballanger examines the charts for commodities like soybeans and the components used in handheld electronic devices, and reflects on what they say about the future prospects of those who hold mortgages and invest in precious metals. As I peruse my favorite website in search of technical patterns for various commodities and stocks, I am reminded of the soon-to-be-immortal words...Read More

Alcoa Corporation will sell its Warrick Operations rolling mill near Evansville, in the US state of Indiana, for $670 million - including $587 million in cash - to Kaiser Aluminum, with the transaction expected to close by April 2021, Alcoa said on Monday November 30.Alcoa will continue to operate the smelter - which has capacity of 269,000 tonnes per year - and power plant at the location. The ro...Read More

Vaccines are coming. But so is the debt crisis. What does it imply for gold?COVID-19 cases are still rising at an alarming rate in the United States. As the chart below shows, the rolling 7-day average of new daily infections stays above 160,000. It means that the immediate economic outlook is rather dark. The short-term economic slowdown is good information for the gold market.But there is also b...Read More

When making decisions regarding thegold mining stocks sector, some will choose to follow price actions whileothers will use indicator tools. The Gold Miners Bullish Percent Index ($BPGDM)is one such tool, essentially being a gauge of overbought and oversoldconditions for the gold mining sector with readings plotted on a range between0 and 100. Anything below 30 suggests oversold conditions while r...Read More

Domestic prices for steel hot-rolled coil increased again across Europe in the week to Friday November 27, due to tight supply from both domestic and overseas suppliers.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?560.00 ($669.88) per tonne on Friday, up by ?,?18.75 per tonne week on week and by ?,?61.67 per tonne month on month.Friday's index...Read More

Copper and aluminium prices reached new year-to-date highs at the close of trading on the London Metal Exchange on Monday November 30, while the rest of the base-metals complex showed dips in their three-month prices.Copper rose to $7,580 per tonne at 5pm on Monday, up by 1% from Friday's closing price of $7,499.50 per tonne and setting a new year-to-date high.The red metal also went up to $7,708....Read More

Here are five Fastmarkets stories you might have missed on Monday November 30 that are worth another look.Italian authorities will finalize their takeover of a share in flat steel producer ArcelorMittal Italia on December 10, trade unions Fiom-Cgil and Uilm said on November 30.The first deal for...Read More

Our advanced Adaptive Dynamic Learning (ADL) modeling system is showing some interesting future trends for both Gold and Silver. The rally in precious metals has really just started if our ADL system is accurately predicting future price trends.Over the past two years, we’ve highlighted a number of ADL research posts that have proven to be incredibly insightful regarding future market price...Read More

            It was only afterhe entered politics that President Donald Trump began to fully grasp the bias, dishonesty,and fakeness that runs throughout the so-called mainstream media.Butgold bugs and sound money advocates have long known to distrust the reportingof establishment news sources.Journalists’anti-gold and anti-Trump biases c...Read More

Peter Krauth explains why he believes gold is the best COVID insurance policy. Bailouts and stimulus are not the best solution to the Covid pandemic.What is? Possibly…insurance.I know it's far from perfect, but I think it could still be the best overall option.On some level, it's surprising that the role of insurance has gotten so little attention in this crisis.After all, us and future gen...Read More

Gold Stocks remain in a correction, even if the October 29 lows continue to hold into December. Corrections are a function of price and time, and often in this sector, a correction can continue in terms of time, well after a low in price is made. But I digress.The most significant and most consistent moves to the upside usually occur after a crash or after a major breakout. Gold and silv...Read More

In Part I of this research article I highlighted the incredible rally in Gold related to a 2020 Anchor point and how that rally in Gold compared to the QQQ and SPY.  In this second Part I am going to highlight the price appreciation in the QQQ and SPY in comparison to Gold since 2009.  It is important to understand how the equities/stocks have rallied in comparison to Gold because the ra...Read More

Gold may have comeoff the boil a bit after rising beyond $1,900 an ounce in the aftermath of theUS election, but the precious metal will do well under a Biden presidency, anAhead of the Herd analysis has found. The main factors aredrastically increased government spending, leading to even more unsustainableUS debt levels than currently; dovish monetary policy as the Fed continues toadvocate &ldquo...Read More

Precious metals markets got off to arocky start this week as Wall Street celebrated promising developments on thevaccine front. On Monday, stocks surged while gold and silver soldoff hard. That selling didn’t bring downside follow through, however. Themetals held trading range support levels and pared some of their earlier lossesheading into this Friday the 13th.A metal we don’t often...Read More

The London Metal Exchange has appointed a new head to its LME Clear platform after Richard Thornhill stepped down from the position, Fastmarkets understands.Marco Strimer was appointed as Chairman of the LME Clear Limited Board on Monday November 30 following Richard Thornhill's retirement after seven years at the role. Strimer has been a member of the LME Clear Board since December 2013 and...Read More

Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, look at the macroeconomic factors they believe will move gold higher. The gold market entered a period of increased volatility during the third quarter, usually a positive indicator for the metal. A growing number of investors and analysts recommended the accumulation of gold as it began to move out of the shadows and into the spotlight. Gl...Read More