Popular News

Here's What's Eating Away at Gold / Commodities / Gold and Silver 2021

February 19, 2021 / www.marketoracle.co.uk

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

The Commodity Cycle / Commodities / Commodities Trading

February 18, 2021 / www.marketoracle.co.uk

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

Silver Backwardation and Other Evidence of a Silver Supply Squeeze / Commodities / Gold and Silver 2021

February 18, 2021 / www.marketoracle.co.uk

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

Silver Prices Are About to Explode as Stars are Lining up Like Never Before! / Commodities / Gold and Silver 2021

February 18, 2021 / www.marketoracle.co.uk

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

Silver Shortage Could End Paper Pricing

February 27, 2021 / www.silverdoctors.com

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?EURRead More

Metals & mining: what to look out for in 2021

February 03, 2021 / www.woodmac.com

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

Strong macro headwinds provide a mixed outlook for mined commodity markets

October 08, 2018 / www.woodmac.com

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

Will the natural resources sector recover from Covid-19?

May 07, 2020 / www.woodmac.com

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

Chinese smelters critical to zinc market balance in 2020

January 30, 2020 / www.woodmac.com

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

Nirav Modi Extradition Draws Nearer

February 28, 2021 / www.diamonds.net

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

Gahcho Ku?(C) Close to Resuming Operations

February 28, 2021 / www.diamonds.net

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

OPEC+, Covid-19 and energy transition - 3 themes impacting oil markets and refining in 2021

January 28, 2021 / www.woodmac.com

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

Beyonc?(C), Lorraine Schwartz Create GIA Scholarship

February 28, 2021 / www.diamonds.net

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

US Manufacturing Body Elects New President

February 28, 2021 / www.diamonds.net

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

Coronavirus: De Beers Dips into the Red

February 28, 2021 / www.idexonline.com

(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

Alrosa's 242-carat Diamond to Fetch "Well Over $2m"

February 28, 2021 / www.idexonline.com

(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

Judge Approves Modi's Extradition over Alleged $1.85bn Fraud

February 28, 2021 / www.idexonline.com

(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

NRF: Vaccine Rollout to Boost US Retail in 2021

February 28, 2021 / www.diamonds.net

RAPAPORT... US retail sales will grow 6.5% to 8.2% this year, as more consumers are vaccinated and the economy reopens, according to the National Retail Federation (NRF)."We are very optimistic that healthy consumer fundamentals, pent-up demand and widespread distribution of the vaccine will generate increased economic growth, retail sales and consumer spending," NRF CEO Matthew Shay said last wee...Read More

Webinar | Is coronavirus accelerating the zinc supply side correction?

June 03, 2020 / www.woodmac.com

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.Rising stocks of concentrate, high treatment charges and difficulties in selling less desirable qualities of concentrate was expected to result in mine production losses over the next few years. But coronavirus has changed this dynami...Read More

Groups Urge Caution over Central African Republic

February 28, 2021 / www.diamonds.net

RAPAPORT... The World Diamond Council (WDC) and the Antwerp World Diamond Centre (AWDC) have called on the trade to show extra care when handling rough that may have originated in the Central African Republic (CAR).The caution follows recent reports of attacks by rebel fighters on the capital, Bangui, and other major cities, the organizations said in a statement Thursday. Diamond buyers should pur...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok