There has been quite a bit of chatter related to precious metals lately. The rally in Cryptos, particularly Bitcoin, and various other stocks have raised expectations that Gold and Silver have been overlooked as a true hedging instrument. As these rallies continue in various other stocks and sectors, Gold and Silver have continued to trade sideways over the past 6+ months – when and ho...Read More
Peter Krauth, editor of Gold Resource Investor, delves into the movement among some companies to hold Bitcoin and gold rather than cash.Imagine your favorite company getting sued for holding too much cash.I know, that's a big statement. But hear me out.Corporations, pension funds and insurance companies—anyone responsible to stakeholders—could one day face class action lawsuits if they...Read More
Palladium was manipulated for years. It had the largest short position relative to itssize, while physical demand rose inversely to decreasing supply.In 2018, demand became so large that itoverwhelmed the shorts.Physical palladium could not meet the market'sneeds and prices exploded. Shorts eventually decreased their positions untilthey got to a more sustainable level.For many years, the platinum/...Read More
Gold is dodging bullets, as it comesincreasingly under fire from rising U.S. interest rates and a USD that ispoised to surge.Catching unsuspecting traders in yetanother bulltrap , gold’s early-week strength quickly faded. And with investorsunwilling to vouch for the yellow metal for more than a few days, therush-to-exit mentality highlights a short-term vexation that’s unlikely tosubsi...Read More
Commodity prices have remained in a prolonged downward trend since the price peak in mid-2008. Driven lower by a firming U.S. dollar (DXY) beginning in 2008-2011 and continuing until the present, the S&P GSCI Commodity Index has declined by about 80 percent over the last 13 years.The recent rally in the S&P GSCI Commodity Index (GTX) in 2020 appears to be a reaction to the DXY price weakne...Read More
Theeffort to squeezesilver shorts may appear to have fizzled, but naked short sellersare as vulnerable as ever.Silverfutures prices are entering backwardation. That is a bad omen for anyonebetting on lower silver prices.Backwardationhappens very rarely, but this condition has been a reliable indicator thathigher prices are on the way each time it has occurred over the past decade.Inthe futures mar...Read More
2020 was a stellar year for the precious metals, indeed one for the books. As the pandemic hit the global economies early in the year and governments around the world began to shut everything down and the printing machines began to print ginormous amounts of money out of thin air to save their economies from total collapse, gold jumped 24%, while silver jumped nearly 50%, over double that of gold....Read More
There are serious concerns about multiple claims existing on every ounce...David Jensen on Palisades Gold RadioTom welcomes a new guest to the show David Jensen. David is the owner of Jensen Strategic and a Mining Executive and Metals Analyst.To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca?EUR
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We enter 2021 with many mined commodity prices riding high after recovering from a dramatic pandemic-induced slump in H1 2020. But far from marking a new atmosphere of positivity, the new year brings new questions. How will Chinese po...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This article first appear in Forbes on Oct 7, 2018. After a positive start to 2018, growing trade tensions have raised concerns over global economic growth, while tightening global liquidity is having an adverse effect on many em...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The outbreak of coronavirus, the oil price crash and the impending global recession present an enormous challenge for energy and natural resources. How are you keeping up with the spread of Covid-19 and its impact on your sector?We&rs...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The most important driver of the zinc market in 2020 will be the performance of the world’s zinc smelting industry, according to Wood Mackenzie.The easing of trade tensions between the US and China, the struggling manufacturing...Read More
RAPAPORT... A London court has ruled that Nirav Modi has a case to answer, paving the way for the UK to extradite the infamous jewelry tycoon to India for trial, Reuters reported."I am satisfied that there is evidence upon which [Modi] could be convicted in relation to the conspiracy to defraud the [Punjab National Bank]," District Judge Samuel Goozee of Westminster Magistrates' Court said in...Read More
RAPAPORT... Mountain Province has begun reviving operations at the Gahcho Ku?(C) mine in Canada after suspending production because of a coronavirus outbreak.The company planned to start the buildup to production over the weekend, it said in a statement Friday. It has called in two industrial hygienists to review and oversee work protocols and deep cleaning."Plans to mitigate the loss of prod...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key themes – OPEC+ production, Covid-19 developments, and the energy transition.Following...Read More
RAPAPORT... Singer Beyonc?(C) Knowles-Carter and designer Lorraine Schwartz will pay for two Black industry professionals to earn a graduate gemologist degree from the Gemological Institute of America (GIA).The performer will choose the recipients of The Beyonc?(C) Knowles-Carter x Lorraine Schwartz GIA Scholarship, the organization said Friday. Each will receive full tuition and paid expenses for...Read More
RAPAPORT... The Diamond Manufacturers & Importers Association of America (DMIA) has elected Stuart Samuels of Premier Gem Corp. as president. He succeeded Ronnie Vanderlinden on February 9 for a two-year term.The DMIA also named five vice presidents: Saul Goldberg, Eli Haas, Hertz Hasenfeld, Matthew Schamroth and Parag Shah. Russell Kwiat will take over as secretary and Marc Knobloch as t...Read More
(IDEX Online) - De Beers posted a $102m loss for 2020 as the pandemic took its toll, compared with a $45m profit the previous year.It's the first time it's dipped into the red since 2008, when parent company Anglo American provided an $800m rescue package of interest-free loans. Underlying EBITDA (earnings before interest, taxes, depreciation, and amortization) for last year fell to...Read More
(IDEX Online) - Alrosa is to sell one of the largest diamonds it has recovered since 2000.It says the 242.31-carat gem-quality stone could fetch well over $2m.The rough stone will be offered for sale at the Russian state-owned miner's 100th auction of large diamonds, which will take place in Dubai on 22 March. Viewings are from 14 to 21 March.Two other notable diamonds- weighing 190.74-carats...Read More
(IDEX Online) - Fugitive diamond billionaire Nirav Modi should be extradited to India, a UK judge ruled, overruling arguments that his mental health would suffer and prison conditions were poor.He is accused of fraudulently using letters of undertaking offered by the Punjab National Bank (PNB) in an alleged $1.85bn fraud.He is accused of persuading corrupt bank workers to approve low-rate loans fo...Read More