Gold has been the most popular form of investment and one of themost reliable assets recognized for its multiple use and rare value. Followingthe recent introduction of other investment substitutes, a number of people aremade to believe that gold is less superior than the others. This article willhighlight five reasons why gold has not lost its value, but still thrives as aninvestible A perfect A...Read More

By: Avi GilburtWhile reading of the title of this article may cause you to make certain assumptions about what you are about to read, I can assure you that this is not a politically motivated article. In fact, politics has absolutely nothing to do with the analysis and conclusions presented herein.I want to start with the assumption that we have spoken about so often, and that it is social moo...Read More

Mike Gleason: It is my privilege now to welcome in David Jensenof Jensen Strategic and a highly studied mining analyst and precious metalsexpert with close to two decades of experience in the mining industry. And it'sgreat to have him back on with us.David, thanks so much for thetime again today, and it's nice to talk to you again. Welcome.David Jensen: Thank you, Mike. It's good to be back with y...Read More

Oftentimes, you need to have patience when it comes to the metals.You see, while they move very quickly when they do move, the rest of the time they simply consolidate until they are ready for their next big move.We have been waiting to see if the market is going to provide us that deeper pullback we wanted to see, and today seems to have triggered that potential.But, not all charts are showing th...Read More

Let'stake a closer look at the chart below (chart courtesy of www.stooq.com ) and assess the likelycrude oil price path ahead. Wewrote these words yesterday, and they ring true also today:(…)The short-term situation hasn’t changed much. Crude oil futures keep tradinginside the blue consolidation and around the red support/resistance line andthe 50% Fibonacci retracement.They’re...Read More

Fundamental analysis versus Elliott wave analysis: the winner for predicting the 9-year long commodity bear market is clear. 95% of traders fail. It's a day-drinking, country-music kind of statistic. Think: "Friends in Sell-Low, Buy-High Places."One article attempts to quantify the reasons, citing: "SCIENTIST DISCOVERED WHY MOST TRADERS LOSE MONEY -- 24 SURPRISING STATISTICS." See number 14:"Inves...Read More

Silverplunged on Tuesday, just as it was likely to afterthe triple reversal that we’ve been writing about, and it was decliningstrongly during Wednesday’s pre-market trading. And then it all changed. Silversoared before the U.S. markets opened and the white metal ended the session inthe green. We definitely saw a silver reversal. But, was it significant and canit be trusted?Wedoubt tha...Read More

This morning in pre-market the Amigos’ futures charts update the macro story……which goes something like this… Copper, the cyclical Amigo (weekly chart) has furthered the intermediate trend line break we noted on October 25th. This is in line with the rally in US and global stock markets and even more so, the global macro reflation theme. It does not look so impressive ye...Read More

Ole Hansen14 hours ago (Nov 11, 2019 10:51 AM GMT)Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in bonds and stock index futures. For IMM currency futures and the VIX, we use the broader measure called non-commercial.The below summary highlights futures positions and changes made by hedge funds across 24 commodities futures up until last Tuesd...Read More

As it has done with cobalt, graphite and rare earths, China appears to be locking up the nickel market. Nickel’s top producer, Indonesia, in early September decided to accelerate a scheduled ban on ore export shipments, from 2022 to January 1, 2020. The ban which instead took immediate effect on Oct. 28, is to encourage the building of domestic smelters instead of exporting raw nic...Read More

We wrote a very telling research article on October 24th, 2019.  We never published it because we had other articles scheduled to be published over the next few weeks in the queue and because our subscribers get our trade alerts before the general public. At this point, we are sharing that past article as well as some current research for Natural Gas that should be very interesting to you.Pay...Read More

The second biggest gold mine in Europecould be about to make investors rich.It’s a story that began over 2,000 years ago whenthe Romans dug up $16.8 billion in gold in Romania... Using only hammers andbuckets.But now, a little company with a big dreamis coming to unearth the rest. Using modern technology, they’re hoping to capitalize on anestimated $13.3 billion find.Smart investors ar...Read More

The three-month nickel price on the London Metal Exchange continued to fall over the course of Monday November 11 to end the day's trading down by just under 4% against high turnover, while the rest of the complex similarly closed lower. The nickel futures price closed at $15,565 per tonne on Monday afternoon, its lowest 5pm closing price since August 7. Turnover in nickel was high over the day wi...Read More

Stagnant tin prices could be set to climb after a bridge collapsed on a key route to Alphamin Resources' Bisie tin mine in the Democratic Republic of the Congo, Central Africa.The Mauritius-based mining company confirmed this week that the Maiko Bridge at Lubutu - on a key route to the Bisie tin mine in the Walikale territory of DRC - collapsed on October 30, some 53 kilometers sout...Read More

Seaborne coking coal prices displayed no clear trend on Monday November 11, though some market participants in China have reported an emergence of offers for November-loading cargoes despite it being close to the middle of the month.Fastmarkets indicesPremium hard coking coal, fob DBCT: $134.77 per tonne, up $1.53 per tonnePremium hard coking coal, cfr Jingtang: $145.02 per tonne, down $1.10 per t...Read More

Chinese steelmaker Hebei Jingye Group has agreed to acquire British Steel, including its Scunthorpe steelworks and other assets, the UK government's Official Receiver and the company's administrator, EY, said on Monday November 11. The sale will also include British Steel's shares in TSP Engineering and Redcar Bulk Terminal in the UK, along with FN Steel in the Netherlands and Briti...Read More

The export market for hot-rolled and cold-rolled coil from the Commonwealth of Independent States has improved on a bullish mood among suppliers, which preferred to step back from the market rather than to continue sales at low prices, sources told Fastmarkets on Monday November 11.Fastmarkets' price assessment for steel HRC, export, fob Black Sea, CIS, was $375-385 per tonne on November 11, up fr...Read More

Here are five Fastmarkets MB stories you might have missed on Monday November 11 that are worth another look.Chinese steelmaker Hebei Jingye Group has agreed to acquire British Steel, including its Scunthorpe steelworks and other assets, the UK government's Official Receiver and the company's administrator, EY, said on November 11.Chilean copper production grew by 1.2% year on year in September, a...Read More

Chilean copper production grew by 1.2% year-on-year in September, as higher output from state-owned Codelco offset a drop from Escondida and Collahuasi, the country's copper commission, Cochilco, said on Thursday November 7.Total production reached 483,800 tonnes of copper content during September, up from 478,200 tonnes a year earlier.Output during the January-September period came to 4.24 millio...Read More

Stagnant tin prices could be set to climb after a bridge collapsed on a key route to Alphamin Resources' Bisie tin mine in the Democratic Republic of the Congo, Central Africa.The Mauritius-based mining company confirmed this week that the Maiko Bridge at Lubutu - on a key route to the Bisie tin mine in the Walikale territory of DRC - collapsed on October 30, some 53 kilometers sout...Read More