Our research team believes Crude Oil and Energy, in general, has stalled near major resistance and maybe setting up a big downside move as the COVID-19 virus continues to roil regional and global economies.  The recent news that the COVID-19 virus cases have skyrocketed suggests further economic shutdowns may push oil prices below $35 ppb over the next few weeks and months.  Our research...Read More

In this week's advisory, sector expert Michael Ballanger reviews the most recent market news, celebrates old-school communication techniques and offers strategies for investing in the dog days of summer.As the month of July moves into its final ten-day stretch, I see NASDAQ records falling left and right as the drivers of fear that dominated in March are now "yesterday's news." Rising second waves...Read More

We’ve been micro-managing silver lately in NFTRH and NFTRH+ updates and that is for a reason. The reason is that gold’s wild little bro has been rallying – in what is turning out to be 5 clear waves – since the March crash.When that crash reversed, my view, and hence the NFTRH view was that it was likely to have been a horrifying shakeout of the silver bulls that due to its...Read More

Previously,I have shown how the Dow has actually outperformed silver and gold since thecreation of the Federal Reserve in 1913.Today, if silver had the same kind ofperformance as the Dow since around the creation of the Federal Reserve in1913, then it would have topped out at $225.20 [(29568.6/78.78)*.6). Yet, itonly topped out around $50 in 1980 and 2011.In 1973 silver was in a similar type ofpos...Read More

China’s economy grew 3.2 percent in Q2 2020. The expansion was above expectations, but it does not have to sink gold.Last week, China reported that its economy grew 3.2 percent year-on-year in the second quarter of this year, following a 6.8 percent contraction in the previous quarter, as the chart below shows. Importantly, the actual growth rate beat the market expectations of a 2.5 percent...Read More

Last week, we wrote that gold miners flashed an“extremely overbought” signal, which they had only flashed once in the past –almost right at the 2016 top. The GoldMiners Bullish Percent Index recently moved to the highest levelthat it could reach – 100.The only other case when the index was at 100, wasin mid-2016. We marked this situation with a vertical dashedline. Did min...Read More

As the world's economic engine starts to recover from the COVID-19 pandemic, the demand for certain key commodities are a good indicator of the rebound strength.The S&P GSCI Commodity Index (Chart 1) is a collection of24 commodities from all commodity sectors (energy products, industrial metals, agricultural products, livestock products and precious metals). Since 2011, the index has been in a...Read More

"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More

You may have heard that gold typically rallies seasonally from themiddle of the year. This trend is driven by jewelry demand, which increasesahead of the Christmas business, the Indian wedding season and the Chinese NewYear celebrations on the back of advance purchases by jewelers, which tend to putupward pressure on prices. But what about the seasonal trend in gold stocks? Since the earnings ofgo...Read More

Amid a hot market for copper, China's smelters are jumping in on a profitable niche business dominated by traders.Eight major copper smelting and mining companies - China Gold, China Copper, Baiyin, Daye, Yantai Guoxing, Jinchuan, Minmetals and Nanguo - are lobbying for licenses to import and process complex concentrate, Fastmarkets has learned.     In a race to receive final approv...Read More

Gold and silver markets advanced early thisweek, with silver leading the way.  OnThursday, the metals sold off a bit as the U.S. dollar gained.The major trend for the dollar, however, isdown. The Dollar Index has been grinding lower since mid March, when it put ina spike high.  Silver finally broke through $19 level with astrong close above it on Monday.  Therehasn’t yet been...Read More

It’s official now! On June 8, the Business Cycle Dating Committee of the National Bureau of Economic Research stated that economic activity in the United States had peaked in February 2020 (and in Q4 2019, when it comes to the peak in quarterly economic activity), marking the start of a recession. The peak also designates the end of the expansion that began in June 2009 and lasted 128 months...Read More

It's hard to see how they can get out of a SHOCKING DELIVERY NOTIFICATION EVENT!by Bix Weir of Road to RootaWith the September COMEX open interest RISING to over 130,000 contracts it's hard to see how they can get out of a SHOCKING DELIVERY NOTIFICATION EVENT in less than 19 trading days! Got Silver!!Read More

There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come... by Steve St Angelo of SRSrocco ReportSomething quite interesting took place in the silver market last week. There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come. In my newest video update, I explain the positive ch...Read More

We are now entering a transition stage, the world is watching...Lior Gantz interviewed on X22 Report SpotlightLior discusses the economy on how gold and silver are going to make higher gains. Lior says that gold and silver are not in a bubble and inflation is a future marker, watch the 2% marker that the Fed puts out. We are now entering a transition stage, the world is watching.Read More

Summerdoldrums? Not for precious metals markets!Inearly July, gold and silver eachbroke out to fresh multi-year highs. The yellow metal is within strikingdistance of new all-time highs and the headline worthy figure of $2,000/oz.Thewhite metal, meanwhile, has a lot of catching up to do. And as it does, thegains in percentage terms could be explosive.Silver has already packed on 60% since its March...Read More

Silver investmentdemand is exploding in recent months, skyrocketing higher inwildly-unprecedented fashion!  That has catapultedsilver sharply higher since mid-March’s COVID-19-lockdown stock panic.  Accelerating even in this usually-weak summerseason, the massive capital inflows deluging into silver show no signs ofabating.  This is very bullish for silver,yet most traders rem...Read More

Three-month base metals price on the London Metal Exchange were higher at the close of trading on Monday August 3, with positive manufacturing data prompting an afternoon surge in buying.Aluminium led the charge in a 2% rise at the 5pm close, against standout turnover.Aluminium's outright price closed at $1,752 per tonne on Monday afternoon, its highest closing price since February 13, while turno...Read More

Aluminium premiums in Rotterdam are on an upward trend for the first time since the Covid-19 pandemic took hold of Europe, with benchmark P1020 premiums at four-month highs. Fastmarkets assessed the aluminium P1020A premium, in-whs dup Rotterdam at $90-95 per tonne on Friday July 31, up from $85-90 per tonne the week before. The midpoint of $92.50 per tonne is the highest since April 3 - the...Read More

The number of cases of Covid-19 in the U.S. have been rallying very quickly in last weeks, giving way only to the gold prices, which have surpassed $1,800. It’s not easy to terminate the viruses, especially that they are not quite alive. Indeed, the pandemic of the coronavirus is still not over, as the chart below shows. The global number of daily confirmed Covid-19 cases has surpassed 220,0...Read More