This week has been a wild and emotional one and it’s just started! With Monday’s big pop in the stock indexes, the big rally was based on vaccine news and bullish comments from the fed, convincing most traders and investors to be overly bullish this week.My volume flow indicator showed a reading of 10 all day yesterday, which means ten shares were being bought on the NYSE at the ask, t...Read More

In my previousarticle, I’ve written about how important US dollar movements arefor future Silver prices. The chances of a significant Silver rally during US dollarstrength is very low; and it is very high during US dollar decline.The structure of the Silver bull marketsince 2001 has a lot in common with that of the 70s bull market. However, oneof the important differences pertains to US doll...Read More

Interest in silver has to do with its price, which is seen as a leveraged play on the gold market. Silver has lagged gold for a couple of years, making it...Johann Wiebe interviewed on Palisade RadioJohann discusses the impact of the pandemic on global supply changes and the demand for gold and silver. Sentiment for precious metals have improved and he believes it's prudent to hold some in your po...Read More

Nervous investors have been pouring into the goldand silver markets over the past two months. Money Metals Exchange is proud to have helped almost 20,000 newcustomers with a precious metals purchase in recent weeks, many of whom cameover from other dealers struggling with inventory shortages and ridiculousdelivery delays.A new wave of investors is getting the message; the FederalReserve will never...Read More

The era of high-grade silver mines may be coming to an end. Investors have no idea what a deal they are getting in acquiring silver for such a great deal... by Steve St Angelo of SRSrocco ReportThe era of high-grade silver mines may be coming to an end. Remarkably, the top primary silver miners' average yield fell to the lowest ever in 2019. Which begs the question, will high-grade silver min...Read More

Whenever one hears the words precious metals, goldand silver spring to mind. But this world is much richer, and preciousmetals don’t end with the yellow or white metal. The less well knowncousins, platinum and palladium, can and do send valuable signals too. Beforewe examine silver, let’s take a look at something interesting in palladium. The interesting detail is palladium’s wea...Read More

Just like the precious metals market, black gold ended the previous week with a sizable upswing. The rally continued in the early Monday trading, as crude oil moved decisively above its previous April highs. The breakout above the April highs is a sign of strength, but it’s not been confirmed so far. Crude oil did close the previous week above the highest daily close of April, but it was jus...Read More

So here we are, with the sector leading the recovery out of the March crash during still-deflationary times. Inflation? It is not yet anywhere to be found, and that probably has a lot of inflation-centric would-be gold boosters on the sidelines. Someday, when these ladies are in full cheer with inflation signals rising, it will be time for caution.Meanwhile, for years we have stuck to the real fun...Read More

The gold price made a new 2020 high today and looks poised to take out the nominal all-time high around $1,920 and then challenge $2,000 in the months ahead. Some are even estimating that gold could climb to $3,000 by year-end on account of the nearly $10 trillion in new money/debt/stimulus that is being created in the US alone to fight the pandemic.This 2020 gold price target of $3,000 is a littl...Read More

Precious metals have been on our radar for many months and, if you’ve been paying attention, you probably already know our research suggests Gold and Silver are one of the best investments you can make right now.  Recently, we shared this article suggesting Gold would need to rally above our proprietary Fibonacci Price Amplitude Arc (GREEN Arc) level near $1745 before it would attempt a...Read More

Mike Gleason (Money Metals Exchange): It is my privilege now to interview our good friend, Greg Weldon,CEO and President of Weldon Financial. Greg has decades of market research andtrading experience specializing in the metals and commodity markets and he evenauthored a book back in 2006 titled Gold Trading Boot Camp wherewe accurately predicted the implosion of the U.S. credit mark...Read More

Crude oil soared higher yesterday and also intoday’s pre-market trading, which shows you why it was a good idea to remaincautious yesterday, even despite crude oil’s breakdown below the rising supportline.  We previously wrote the following:We saw a tiny breakdown onWednesday, but it was not based on the decisive move lower, but rather based onthe fact that time passed and the ne...Read More

The major gold miners’stocks have rallied dramatically out of mid-March’s stock-panic lows, soaringto new bull-market highs.  Theirjust-reported Q1’20 operational and financial results reveal whether today’shigher gold-stock prices are fundamentally justified.  They also illuminate whether this gold-stockupleg is likely to continue powering higher, despite the cat...Read More

Powell gave a much-awaited speech yesterday, in which he sent one bearish and two bullish messages for gold. What exactly did he say and what does it mean for the yellow metal?Powell Sends One Bearish and Two Bullish Messages for GoldJerome Powell gave a speech yesterday at the Peterson Institute for International Economics. The Fed Chair acknowledged the unprecedented depth of the coronavirus cri...Read More

The precious metals market did almost nothingyesterday, and consequently we have relatively little to comment on today.There are two subtly bearish signs that we would like to feature, nonetheless.The first subtly bearish sign is the change in theway the USD Index “topped” this month. In early April, and then in late April,the USDX reversed close to the 101 level and then moved lower i...Read More

Technical expert Clive Maund explains why he believes gold and silver are powering up for a stratospheric advance.The deflation and depression is right here, right now, and if you don't believe that, try asking some of the 30 million people who just lost their jobs in the U.S., or those who (used to) work in the catering and tourism industries.The Federal Reserve is reacting to this situation by w...Read More

Technical analyst Clive Maund explains why he's bullish on silver. The way you see silver now depends on whether you see a glass that is half empty or half full. If you are a pessimist by nature you will be grumbling about its underperformance relative to gold up to this point, but if you are an optimist, as we certainly are with regards to silver, you will see it as maintaining the opportunity to...Read More

US sanctions against Islamic Republic of Iran Shipping Lines (IRISL) and its Shanghai-based subsidiary, E-Sail Shipping Co, are unlikely to have an impact on steel freight costs, sources told Fastmarkets on Wednesday June 10.The US Treasury Department 8 designated 121 tankers, container ships and other vessels owned or tied to Iranian shipper IRISL for additional secondary sanctions, which came in...Read More

The LME three-month copper price was the standout performer at the close of trading on Wednesday June 10,achieving its highest closing price since January 23, while tin futures similarly recorded a six-month high. Copper's outright price on the London Metal Exchange closed at $5,907 per tonne on Wednesday afternoon, climbing from an intraday low of $5,776.50 per tonne, while turnover topped the ba...Read More

Carmakers Volkswagen AG and Ford Motor Company have signed agreements that strengthen their global alliance in producing electric vehicles (EVs) and other commercial vehicles for customers in Europe and elsewhere, the companies said in a joint statement on Wednesday June 10.The deal includes increasing investment by Volkswagen in Argo Al - a start-up in which Ford already had ownership and develop...Read More