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Home / Tag Archives: Precious Metals

Tag Archives: Precious Metals

Commodity Tracker: 5 charts to watch this week

Precious metals top this week’s selection of energy and commodity charts, as palladium prices continue to climb, but provide little upside for platinum. Plus: US natural gas prices, Middle East economies’ oil dependency, European coal-to-gas generation switching and Chinese LNG imports. 1. Palladium continues to roar: eyes on $2,000/oz   What’s happening? Palladium, the darling of the precious metals world for the past 18 months, continues to power forward, leaving sister...

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South African gold loses its luster as miners eye Ghana, palladium

South Africa has some of the world’s biggest reserves in gold, platinum and coal, and mining continues to be a core industry, contributing more than 29% of the country’s exports in May 2019. But South Africa’s traditional gold industry has lost some of its shine over the last few decades, with gold production in steady decline. During the past two decades, gold mining companies have experienced only two years of positive annual growth in gold production, with South Africa producing 83% less...

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Palladium extends bullish streak as automakers cool on diesel

“If there’s one trade that keeps me up at night, it’s palladium. If you want my advice, stay clear of it,” were the comforting words of one senior trader who spoke to S&P Global Platts recently. Palladium has been sky-rocking over the past two years, creating not only a sense of jubilation for those on the right side of the trade, but also fear for those trying to gauge the metal’s next move. As ever with trading, it’s all in the timing. From a spot bid price of $700/oz at the start of...

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Gold starts 2018 well bid, ignoring sky-high stock markets and cryptos

Gold has started on solid footing in 2018, even in the face of soaring equity markets and interest in cryptocurrency Bitcoin; bullion has been impressing many, and lining the pockets of many others. Those playing the short side of the market may not be so impressed. Looking at global stock markets, what goes up must come down, at least that’s the view of many of the bullish gold calls seen since the start of the year. “With interest rates poised to push higher in 2018 and stock...

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Are Governments Running Out Of Candy?

Authored by Jeff Thomas via InternationalMan.com, By now, many readers will have seen the popular American YouTube video by Mark Dice in which he stands on a city sidewalk and offers passers-by a free gift. They may choose between a 10-ounce silver bar or a large Hershey’s candy bar. Each taker chooses the candy - most of them with no deliberation. The only taker who seems to hesitate at all soon decides on the candy, as “I don’t have any way to do anything with the...

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From Bitcoin To Hashgraph: Mike Maloney On The Crypto Revolution

Today, mankind stands at a crossroads, and as GoldSilver.com's Mike Maloney explains, the path that humanity chooses may have a greater impact on our freedom and prosperity than any event in history. In 2008 a new technology was introduced that is so important that its destiny, and the destiny of mankind are inextricably linked. It is so powerful that if captured and controlled, it could enslave all of humanity. But if allowed to remain free and flourish - it could foster unimaginable...

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It Is What It Is But It’s Not What It Seems

    It Is What It Is But It's Not What It Seems Written by Craig Hemke, Sprott Money News & TF Metals Report     That line was only recently penned by the great Irish poet and philosopher, Paul Hewson. It no doubt applies here to our daily struggle against The Banks and their paper derivative pricing scheme.   "It is what it is but it's not what it seems." Yep, that's a deft description on Comex...

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Oil and gold looking a little bit more “normal” as 2017 draws to a close

A few weeks ago in London, at a pre-conference dinner before the Platts Digital Commodities Summit, the conversation naturally turned to bitcoin and other cryptocurrencies, and the rejection – and disdain – that many supporters of the entire crypto movement have for what are known as “fiat currencies.” Most people know fiat currencies as everything from afghanis (Afghanistan) to zlotys (Poland), with dollars, yen and euros in-between. Crypto currencies have been...

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The Latest Crazy Idea From Economic Experts: Abolish Cash (But Don’t Tell The People)

Via GEFIRA, In a recent paper - The Macroeconomics of De-Cashing, Alexei Kireyev of the International Monetary Fund advises abolishing cash without having the citizens aware of the process. First, large banknotes are to be withdrawn from circulation, next limits on cash transactions are to be imposed, then computerization of the world’s financial system and control of international cash transactions are to be enforced and, finally, private companies are to be encouraged to avoid cash...

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Cryptocurrency Bank AriseBank To Acquire 100 Year Old FDIC Bank; Partner With BitShares.

Intro by Vince Lanci via the Soren K. Group at Marketslant.com The Next Revolution is already Happening Over the past few weeks, I've had the pleasure of meeting the next revolutionaries in the democratization of money. This was while looking to understand better the guts of the blockchain tech and how it differed from crypto to crypto. I had the  pleasure of meeting with and  speaking to several people involved with Bitshares and those  involved  at the ...

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