BlackRock, the international investment management firm run by billionaire Larry Fink, has played an outsized role in Federal Reserve bailouts of Wall Street. As it turns out, it's also Continue...Read More

It was all the way back in 2012 when we first described in "How The Fed's Visible Hand Is Forcing Corporate Cash Mismanagement" that the era of ultra cheap money unleashed by the Fed is Continue...Read More

Like copper, nickel, lithium, cobalt and other metals, silver is set to become a major beneficiary of emerging industrial applications.Continue...Read More

If the correction continues in price and time, then the next few weeks should be an opportune time to put your capital to work.Continue...Read More

While the use of gold to protectagainst inflation is well known, it has other investment attributes that arepotentially even more valuable, and this is particularly true in times of crisis.In this analysis, we will examine therelative performance of gold and stocks (as represented by the S&P 500)between early February and late May, as the coronavirus pandemic and theresulting economic shutdown...Read More

By: Ira EpsteinGold has strong support around $1653.50+ / 18 week moving average. Momentum rolled over. Read More

The US Dollar Index is getting close to thebreakdown that will signal a massive Silver rally. A type of Silver rally thatwas last seen in the 70s, when Silver went from around $5 to $50.The market has virtually completed a fullcycle to set up the next Silver rally. See this long-term US Dollar Index chart: On the chart, I havemarked two fractals (1 to 3), with a fractal virtually representing...Read More

Could 2020 end, please? The pandemic is not over and the US suffers now from mass riots across the country. They could aggravate the coronavirus crisis and increase the demand for gold. On May 26, a black man, George Floyd, was killed by the police in Minneapolis, Minnesota. During his arrest – he allegedly used earlier a $20 counterfeit bill in a nearby store – the police officer put...Read More

From the March 23rd low in the PM complex we’ve enjoyed the first easy part of this rally that should have many years to run yet. Every bull market will consist of an impulse move followed by a consolidation period, rinse and repeat until the bull market ends with some type of reversal pattern. Normally in a secular bull market the turning points will generally be very large to buildup the e...Read More

NEWS &VIEWSForecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 47h year in the gold businessJUNE 2020By Michael Kosares, USAGOLD"To propose a return of inflation is to be inflammatory," writes Lightman Investment Management's Rob Burnett in an opinion piece for the Financial Times. "Investors are committed to a deflationary thesis and such is their fervor tha...Read More

Dear Friend of GATA and Gold:A European friend well known to us who prefers not to fall under even more surveillance in his own country sends the observations below, for which your secretary/treasurer will take the responsibility of sharing with you.His main point -- that huge volatility will be injected into the gold market to facilitate government intervention elsewhere in the world financial...Read More

By: Ira EpsteinGold has strong support around $1653.50+ / 18 week moving average. Momentum rolled over. Read More

Double EffectSecondary ConsequencesEven if We Get a Vaccine...Bottom LineShould you wear a mask in public? This seemingly simple question immediately generates emotional, political, and social anxiety.It is just one of many provocative questions COVID-19 is forcing upon us. They should be simple, data-driven policy issues but many are not.Today's letter is in a different format from the usual T...Read More

Here are five Fastmarkets stories you might have missed on Friday June 5 that are worth another look.Vehicle production increased in Latin America during May, when compared with the all-time lows reported in April, but continued to represent a sharp year-on-year decrease while most plants remained closed or are just starting to reopen following Covid-related halts.The first deal for aluminium cif...Read More

Here are five Fastmarkets stories you might have missed on Friday June 5 that are worth another look.Vehicle production increased in Latin America during May, when compared with the all-time lows reported in April, but continued to represent a sharp year-on-year decrease while most plants remained closed or are just starting to reopen following Covid-related halts.The first deal for aluminium cif...Read More

RAPAPORT... Rough-diamond sales will drop by 30% to 40% this year as Covid-19 restrictions have shut down the global supply chain, Moody's Investors Service projected.The market won't recover until the second half when social-distancing rules become looser, the ratings agency said last week. As a result, global rough revenues will decline to between $7 billion and $8 billion for 2020 amid low...Read More

RAPAPORT... Alrosa believes rough-diamond demand could rebound by July or August, as the impact of the Covid-19 pandemic eases in some regions."Today, we see diamond-jewelry sales bouncing back in China and other Asian markets, which is expected to drive diamond demand up as soon as July to August," Alrosa chief financial officer Alexey Philippovskiy said last week. However, the Russian miner...Read More

RAPAPORT... Lending to India's gem and jewelry industry fell 18% during the past two fiscal years as the 2018 Nirav Modi banking scandal continued to fuel caution among banks, according to credit agency CARE Ratings.Outstanding credit to the sector declined 1% to INR 721 billion ($9.54 billion) during the fiscal year ending March 31, 2019, from INR 727 billion ($9.63 billion) on March 30, 201...Read More

RAPAPORT... Under challenging circumstances, the Natural Diamond Council (NDC) unveiled its new look, name and purpose on June 1, marking a complete transformation from its former identity as the Diamond Producers Association (DPA). Rapaport Senior Analyst Avi Krawitz spoke with the NDC's CEO, David Kellie, about the relaunch in the second episode of the Rapaport Group's "The Recovery" webina...Read More

(IDEX Online) - The five biggest diamond producers have excess inventories valued at an estimated $3.5bn.And that figure could rise to $4.5bn - four months' worth of annual rough-diamond production - according to Gemdax,  the Antwerp-based diamond consultants and analysts.It is based on stocks held by De Beers and Alrosa - each producing around a quarter of the world's diamonds - to...Read More