Peter Krauth, the editor of Silver Stock Investor, looks at silver's bull markets since the 1970s and discusses what he thinks lies ahead. There's no consensus on whether silver is in its second or third secular bull market since the 1970s. That's because people define bull markets in different ways. But as I'll show you, it's not that important.What we do know is that silver enjoyed a huge bull m...Read More
The Biden administration's focus on US manufacturing and domestic supply chains will benefit established and developing minerals and metals sectors, including steel, rare earths, graphite and lithium.US President Joe Biden's executive order on the strengthening of American manufacturing, which he signed during his first week in office, is expected to have a direct effect on demand for US-produced...Read More
Gold moved higher as the USD Indexmoved lower in today’s pre-market trading. Before providing you with mythoughts on why that happened and what the implications are, let’s see exactlywhat transpired. Figure1 - USD IndexIn yesterday’s (Jan. 19) analysis , I commented on the above USD Index chart in the following way:TheUSD Index is after a major breakout above the declining resist...Read More
Anyone who owns precious metals, mining shares or metals' ETFsknows the drill.First, gold and silver begin toestablish an uptrend on the charts. Analysts (like us) start writing about howprices are getting ready to make an upside run.Then "out of nowhere" thousands of highly marginedfutures contracts hit the market on the short side, "re-painting" thecharts, sending terror into...Read More
The price of gold has declined further amid incoming U.S. President Joe Biden’s fiscal stimulus and poor economic data, which is a bearish sign.The weakness in the gold market continued last week. As the chart below shows, the London P.M. Fix declined below $1,840 last Friday (the price of the yellow metal later declined even further, i.e., below $1,830). The downward trend is a bit disturbi...Read More
In the biggest boost for cannabissince Canada legalized recreational use in 2018, the United Nations has reclassified marijuana, removing it from its most strict drug control list, paving theway for a flurry of positive legal activity the world over … But while U.S. states line up tolegalize recreational use, and while a change of power at the White House bodeswell for cannabis stocks, ther...Read More
As investors await the incoming Bidenadministration and the uncertainties that a transition of power may bring, preciousmetals markets regained some ground through Thursday’s close but have pulledback again on Friday, especially silver and platinum. Preciousmetals prices and financial markets haveseemingly been unaffected by recent political turmoil. Investors have beennonchalant in the face...Read More
Hurray! The disastrous year of 2020, which brought about the COVID-19 pandemic , the Great Lockdown , and the economic crisis , is over! Now, the question is what will 2021 be like – both for the U.S. economy and the gold market.To provide an answer, below I analyze the most important economic trends for the next year and their implications for the yellow metal. 1.Society gains herd immunity...Read More
Gold/SPX indicated the excess and the gold miners are correcting that excessIn and around the August time frame we noted (in NFTRH) high risk to the gold miners because the price of HUI had gotten a million miles ahead of gold’s ratio to the stock market. That was typical bit in the mouth enthusiasm by the gold “community”, as even Warren Buffett bought a gold stock (and signaled...Read More
The price of gold remains at $1,850, and the key drivers are higher bond yields and a stronger risk appetite.Last week, the yellow metal tanked below $1,900 again, and it hasn’t rebounded since the plunge – instead, the price of gold has stayed at around $1,850. What happened? The main driver of the recent weakness in the precious metals market has been the Democratic victory in the Ge...Read More
What a week! First gold soared to almost $1,960, but then its price (London P.M. Fix) plunged to $1,863 on January 8, as the chart below shows.This is quite strange (and bearish) behavior, given what happened last week. First, there were violent pro-Trump protests in Washington D.C. The rioters stormed the U.S. Capitol. During these riots, five people died. Given the chaos in the capital, gold, wh...Read More
Iron ore prices increased across the board on Thursday February 4, after sharp gains in futures on the Dalian Commodity Exchange (DCE) and in swaps contracts on the Singapore Exchange (SGX), sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $158.03 per tonne, up $5.38 per tonne62% Fe low-alumina fines, cfr Qingdao: $158.61 per tonne, up $5.71 per tonne58% F...Read More
Base metals prices on the London Metal Exchange were mainly weaker, while those on the Shanghai Futures Exchange were mainly firmer this morning, Thursday February 4, with the weaker dollar likely weighing on dollar-denominated prices.Along with a stronger US Dollar Index, US 10-year treasuries yields are stronger too......suggesting risk-on, but broader markets not reflecting that this morningAsi...Read More
Stackers be stacking....By Matt from Silver Fortune via Silver FortuneStackers be stacking. Read More
The mania stage still lies ahead. This past week was just a small taste of the opening act...by Peter Krauth via Streetwise ReportsTEMPORARILY OUT OF STOCK.That's the message most hopeful physical silver buyers have been getting since the last days of January. Odds are bullion dealers going to have a tough time keeping any silver in stock.Everyone is buying, and no one is selling the physical me...Read More
It's like the whole thing never happened, leaving nothing but sleep deprivation in its wake. The lesson? Actually, there are several...by John Rubino of Dollar CollapseFor just a little while - literally a couple of days - silver stackers saw the light of sudden riches at the end of the tunnel. The Reddit/Robinhood hoards had noticed that the metal was cheap and blatantly manipulated, and therefor...Read More
This is but one of the seeds planted in the minds of investors because of the Wall Street Bets hopium turned Cartel coopted psyop and more...(by Half Dollar) I must admit, I fell for the Wall Street Bets hype.Don't judge.It happens.I fell for the Wall Street Bets hype for all of about six hours, which would be about the time I was researching and writing this article, to the time I updated it for...Read More
The Wall Street Bets crowd is trying by cleaning out physical silver from bullion dealers and buying up shares of...by Jason Burack of Wall St For Main StJason shares his thoughts on the new silver short squeeze that the Wall Street Bets crowd is trying by cleaning out physical silver from bullion dealers and buying up shares of First Majestic Silver. (NYSE: AG).Commit to tipping us monthly for ou...Read More
Ball Corp expects investment in beverage packaging to continue to grow as demand for sustainable aluminium cans for traditional and non-traditional beverages continues to accelerate, the Colorado, United States-based company said in its 2020 earnings report. After delays to some projects last year for health and safety reasons due to the Covid-19 pandemic, additional beverage can line investments...Read More
Turkish prices for hot-rolled and cold-rolled coil both fell in January 2021, with the market slow to moderate because of decreasing prices globally, Fastmarkets heard on Thursday February 4.The country's HRC producers were fully booked until late April, so most market participants expected prices to show more correction, after the sharp increases in November and December 2020."There was a shortag...Read More