Adam Hamilton – Zeal Intelligence | September 17, 2021 | 1:24 pm MarketsGold File image. Gold continues to struggle to make headway, bogged down by skittish gold-futures speculators. They are loath to buy in quantity, because they fear serious downside from expected Fed tightening. For that same reason they are quick to flee as a herd, unleashing […]
Gold futures taper tantrum Read More »
MINING.COM Staff Writer | August 13, 2021 | 9:43 am IntelligenceMarketsUSAGold Gold standing its ground in spite of tapering whispers. Stock image. Gold extended its recovery from the recent selloff on Friday as a retreat in the US dollar enticed investors to snap up the safe haven metal. Spot gold rose 1.3% to $1,776.83 per ounce by
Gold price recovers from recent selloff, supported by physical demand spike Read More »
Frik Els | August 11, 2021 | 5:00 pm IntelligenceMarketsVideoAustraliaCanadaEuropeUSACopperGoldIron OreLithiumNickelPlatinumSilverUranium Image: Codelco via Flickr In its Q2 wrap-up, commodities investment house Goehring & Rozencwajg Associates (G&R) poses the question: Natural resources – Uninvestable assets or unprecedented opportunity? To help answer the question, the Wall Street firm put together a 120-year chart comparing commodity prices to the Dow Jones
120-year chart shows commodities have never been this undervalued Read More »
Adam Hamilton – Zeal Intelligence | July 30, 2021 | 11:03 am IntelligenceMarketsGold Stock image. The gold miners’ stocks were whacked hard earlier this summer on a Fed-rate-hikes scare. That serious anomaly really damaged sentiment, spawning exceptionally-weak seasonal performance in this contrarian sector. But the bruised gold stocks and the metal they mine have trudged through, making
Gold stocks’ autumn rally (part 6) Read More »
Frik Els | July 30, 2021 | 11:24 am IntelligenceMarketsCanadaChinaEuropeUSACopper Green copper. Image: Glencore via Instagram In a new research note, Goldman Sachs says the copper price is “poised for the next leg higher” as short term headwinds fade and fundamentals point to a significant demand boost further out. Goldman says the copper concentrate market remains very tight,
Goldman recapitulates $5 a pound copper price by end of 2021 Read More »
Bloomberg News | July 22, 2021 | 9:41 am IntelligenceMarketsUSAGold Stock image. Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious metals traders for Bank of America’s Merrill Lynch unit shows one of them, Edward Bases, bragging about how easy it is to manipulate prices. On January 28, 2009, when
Gold trader’s chat bragged about ‘how easy’ it is to manipulate prices Read More »
Bloomberg News | July 22, 2021 | 11:03 am MarketsTop CompaniesLatin AmericaCopper Freeport CEO Richard Adkerson (Image: Screenshot from Bloomberg TV Video) A hard turn to the left in South American politics may come with a silver lining for mining companies in the form of higher prices, according to Freeport-McMoRan Inc. Chief Executive Officer Richard Adkerson. Policy
South America’s left turn is bullish copper, top miner says Read More »
Adam Hamilton – Zeal Intelligence | July 16, 2021 | 9:58 am IntelligenceMarketsGold Stock image. The gold miners’ stocks are still grinding sideways after last month’s Fed-rate-hike scare. This technical basing is laying the foundation for this interrupted gold-stock upleg to rebound. Today’s low gold-stock prices relative to the metal they mine will amplify that coming upside.
Gold stock upleg rebound Read More »
Frik Els | July 16, 2021 | 5:18 pm Battery MetalsEducationIntelligenceCanadaEuropeUSACobaltCopperLithiumManganeseNickelRare EarthSpecialty MineralsVanadium Smoke ’em if ye got ’em. File image. Published on Thursday, a new Wood Mackenzie forecast for the green energy transition, or GET™ (a new MINING.COM trademark we’re making freely available) is, for good reason, already in wide circulation. Written by global metals expert
Dawn of a mining supercycle. Are you taking the fizz? Read More »
MINING.COM Staff Writer | July 9, 2021 | 8:20 am MarketsChinaUSACopper Stock Image. Copper prices ticked up on Friday as the US dollar pulled back from a three-month high. Copper for delivery in September rose 2.45% from Thursday’s settlement price, touching $4.369 per pound ($9,611 per tonne) midday Friday on the Comex market in New York. The
Copper price rises as dollar retreats Read More »