Precious metals expert Michael Ballanger discusses the gold and silver ratio."SHE-NAN-I-GANS"pronunciation: "SH?(TM)?^nan???(TM)nz/"Noun informal1. "secret or dishonest activity or maneuvering." as in "widespread financial shenanigans had ruined the fortunes of many"2. "silly or high-spirited behavior; mischief."To start off, I find it astounding that of all the ways that dictionaries might cite t...Read More

By Clint SiegnerGold and silver have risen substantially off the price bottom put in just 2- 1/2 years ago, but the gains have yet to attract much notice. Gold has gained roughly 28% and silver is up 20%.Meanwhile, another metal has more than doubled since bottoming. This performance should have been more than enough to catch the attention of metals investors, if only they were watching. The me...Read More

After making a stunning operational turnaround, Emeco Holdings (ASX: EHL) is building on its strength in the mining equipment rental market with the A$80 million (US$60.5 million) domestic acquisition of Matilda Equipment Holdings.Staff reporter Matilda has been described as a niche equipment business30 APRIL 201830/04/2018commentsshare Matilda, which has offices in Toowoomba, Mackay and Perth, ha...Read More

When we left off last week, we portrayed an economy that was starting to run out of steam. It appears that there's a waive of retirees just waiting to overrun Social Security and Medicare. John believes that the government will simply inflate its way out of the mess and hope for the best. But will it work? And let's not forget the other silver tsunami, namely the shiny metal kind. It's been tradin...Read More

Spot demand for cobalt slowed in late April while availability of the material increased, leaving metal prices to move only slightly higher at the end of the month.Metal Bulletin's benchmark low-grade cobalt assessment closed the week at $43.70-44.45 per lb, in-warehouse, on Friday April 27, stable with the midweek assessment, and up from $43.55-44.45 per lb at the end of the previous week. Prices...Read More

Gabriel Gonzalez, an analyst with Echelon Wealth Partners, discussed one of this company's projects, relaying the latest permitting development and impressions from a site visit. In an April 24 research note, analyst Gabriel Gonzalez with Echelon Wealth Partners reported that First Mining Gold Corp. (FF:TSX) began the provincial environmental assessment and permitting process for its Springpole a...Read More

By Gary TanashianWith gold testing its 200 day moving average this morning I thought I'd reproduce the first part of the precious metals segment from week's Notes From the Rabbit Hole (NFTRH 497), including a daily chart of gold at the end showing the anticipated SMA 200 test.[edit] Steve Saville updates gold's 'true fundamentals' here. Notice at the end what is not considered fundamentally mate...Read More

One of the three significant national providers of offgrid power to mines and energy operations in Australia has seen a massive surge in available projects in the past year or so, raising the prospect of new equity capital figuring in its pursuit of the growth it promised investors when it raised A$25 million and listed on the Australian Securities Exchange last May.Zenith directors Doug Walker (f...Read More

 CloseGain/LossGold $1314.70-$8.90Silver$16.31-$0.21XAU81.15-2.15%HUI178.47-1.96%GDM622.44-1.81%JSE Gold1104.60+8.93USD91.85+0.34Euro120.84-0.44Yen91.58-0.17Oil$68.47+$0.4710-Year2.935%-0.024T-Bond143.53125+0.34375Dow24163.15-0.61%Nasdaq7066.27-0.75%S&P2648.05-0.82%  The Metals: Gold fell $13.40 to $1310.20 at about 10AM EST, but it then rallied back higher into the close a...Read More

TheUSD Index reversed in a quite clear way on Friday and gold rallied. It lookedlike a great bullish combination for the precious metals sector, but was itreally one? Gold moved higher on volume that was lowest since the beginning ofthe year and this means that Friday’s rally shouldn’t be taken at its facevalue, but instead it should be closely inspected. Moreover, silver just didwhat...Read More

Ralph Profiti, an Eight Capital analyst, reviewed this producer's Q1/18 financials and revised outlook. In an April 25 research note, analyst Ralph Profiti reported that Eight Capital lowered its price target on Freeport-McMoRan Inc. (FCX:NYSE) to $20 from $23 following its "slight miss" on Q1/18 results and reduction in both sales and production guidance for the next few years. The company's cur...Read More

By Frank HolmesStrengths? The best performing metal this week was gold, down 0.92 percent. This week was fairly negative for gold as the dollar held strong and the 10-year Treasury yield reached its highest since 2014 to 3 percent. A new use of blockchain technology will allow jewelers to track diamonds and gold from where they were mined to where they will be sold in retail. F...Read More

Bob Moriarty of 321 Gold profiles a mining explorer that is switching gears. Niobium strips Photo credit: Mauro Cateb, flickrThere are hundreds of junior resource companies in Vancouver and Toronto that have had the devil's own time trying to get traction since the high water mark for the metals in 2011. I believe we had a major bottom in December/January of 2016 but many companies have yet to se...Read More

By Keith WeinerA reader asked us this week about the personal savings rate. Most people can sense that something is wrong if the rate is in a long-term falling trend, or if it falls too low (whatever level that may be). We argue that falling savings is part of the larger process of capital destruction. And unfortunately, one should expect falling savings rates when there is falling yield purchas...Read More

It was music to gold bug ears. We’ve all heard the seemingly shocking or outrageous price targets for Gold. So it’s not new.But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot. Gundlach’s comment was included in every piece of Gold literature that recently crossed my desk. No doubt, if Gold starts breaking to the...Read More

 CloseGain/LossGold $1314.70-$8.90Silver$16.31-$0.21XAU81.15-2.15%HUI178.47-1.96%GDM622.44-1.81%JSE Gold1104.60+8.93USD91.85+0.34Euro120.84-0.44Yen91.58-0.17Oil$68.47+$0.4710-Year2.935%-0.024T-Bond143.53125+0.34375Dow24163.15-0.61%Nasdaq7066.27-0.75%S&P2648.05-0.82%  The Metals: Gold fell $13.40 to $1310.20 at about 10AM EST, but it then rallied back higher into the close a...Read More

Import prices for re-rolling-grade hot-rolled coil sold into Vietnam were stable over the past week amid limited trading activity.Metal Bulletin's assessment of HRC import prices in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $590-605 per tonne cfr for the week ended Monday April 30, stable from a week earlier.Market sentiment was...Read More

 CloseGain/LossGold $1314.70-$8.90Silver$16.31-$0.21XAU81.15-2.15%HUI178.47-1.96%GDM622.44-1.81%JSE Gold1104.60+8.93USD91.85+0.34Euro120.84-0.44Yen91.58-0.17Oil$68.47+$0.4710-Year2.935%-0.024T-Bond143.53125+0.34375Dow24163.15-0.61%Nasdaq7066.27-0.75%S&P2648.05-0.82%  The Metals: Gold fell $13.40 to $1310.20 at about 10AM EST, but it then rallied back higher into the close a...Read More

By Avi GilburtAs the market continues to whipsaw market participants, it has certainly left many of you scratching your head.As each day goes by, it offers me another opportunity to chuckle when I see so many attempts by pundits to try to explain what latest news events cause each whipsaw. And when they try to fit their square pegs into round holes, or, when they don't have any pegs at all when...Read More

Full Article: The Metals Manipulators Are Being ManipulatedBy: Avi GilburtFor those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun, and I still think we can see it in occur i...Read More