Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

For details on how your data is used and stored, see our Privacy Notice. The road to zero carbon will see an extraordinary build out of low carbon electric vehicles (EVs) and renewable power generating capacity. And as the world reduces its dependence on hydrocarbons, metals will be a linchpin of a zero carbon economy. Copper – in the form of wire, cable and foil – will bind...Read More

The major gold minersjust reported their best quarterly results ever!  Record gold prices combined with lower miningcosts catapulted unit earnings to dazzling new records.  Yet despite exploding profitability, goldstocks continue to lag gold’s mighty upleg. This anomaly won’t last, as investors increasingly realize how seriouslyundervalued this sector remains.  Ther...Read More

This webinar is open to Wood Mackenzie clients with the following subscription ONLY:Asia Pacific Power ServiceAsia Pacific Renewables ServicePlease register with your business email if your company has access the subscription above. Successful registration is based on email domain detection. Feel free to contact angel.hang@woodmac.com or luis.catalan@woodmac.com if you have any questions or e...Read More

Canwe save the dollar before central banking kills it?Ourdeficits are now stuck at 8% of GDP — unprecedented in peacetime. And ournational debt just hit $35 trillion — unprecedented in the history of man.Eventhe central bankers realize that this isn't sustainable. That we are coming tothe day our paper money utopia crumbles.Historically,from Song Dynasty China to Weimar Germany, when p...Read More

We stand at a pivotal moment for the metals that will be essential to the energy transition. Metals-intensive low-carbon electrification remains a significant demand driver for transition metals, but geopolitical tensions and a challenging fiscal environment mean net-zero policies are being rolled back.For copper, EV and grid-related growth will boost long-term demand, but short-term supply-demand...Read More

Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will underpin a huge increase in long-term demand.At the recent Future Facing Mined Commodities Forum, we looked at the importance of these two metals for the energy tran...Read More

The copper market is on the brink of transformation, driven by increasing demand for copper-intensive technologies and the urgent need for sustainable practices across the metals and mining industry.Our interactive copper infographic offers a comprehensive overview of the future of the copper market, detailing the key trends and projections that will shape the industry through 2034.Fill out the fo...Read More

It’s been a volatile week in the markets.On Monday, Aug. 5, the Dow Jones Industrial Average lost more than 1,000 points, and the S&P 500 dropped 3%, resulting in the worst day for both indexes since September 2022. The sell-off was blamed on factors ranging from worries about the economy and the slow response from the Federal Reserve, regarding interest rate cuts, to the unwind of...Read More

For details on how your data is used and stored, see our Privacy Notice. It’s a little over a year since the US Inflation Reduction Act was passed into law. Solar was one of the main beneficiaries, thanks to an extension and expansion of the tax credits available to the industry. So why has the sector fallen out of favour with investors recently?August was a difficult month for the...Read More

A “Minsky Moment” refers to a point in time when a period of bullish speculation leads to a spectacular market crash.Named after economist Hyman Minsky, the theory centers around the inherent instability of stock markets. “Minsky held that, over a prolonged period of prosperity, investors take on more and more risk, until lending exceeds what borrowers can pay off from their inco...Read More

The macro setup for gold stocks is evolving into something that will surprise many after decades of poor fundamentalsI don’t make a habit of pumping the most frustrating stock sector on the planet just for the sake of it. I have made a habit of discussing why, since 2003, the macro market backdrop has been adversarial to gold stocks much more often than not. By extension, internal indicators...Read More

BHP has made an all-share offer for Anglo American which valued the company at US$40.7 billion, conditional upon separate demergers by Anglo American by distribution of its entire shareholdings in Kumba and Anglo-American Platinum Limited to Anglo American shareholders. Anglo American’s board has unanimously rejected the proposal from BHP on the basis of valuation and uncertainty associated...Read More

The gold miners willsoon report what will almost certainly prove their best quarter ever.  Mostly due to Q2’s record-shattering goldprices, gold miners’ earnings should soar off the charts.  Those will be further boosted by slightly-lowermining costs many of these companies are predicting.  With such incredibly-strong fundamentals,more professional fund managers should s...Read More

The PCE Index statisticswere released today, and you might wonder what impact they will have on theprice of gold.Let’s dig in.One might think that PCE is a criticaldriver of gold prices (and thus, you might be concerned with what the number isgoing to be), and there is some truth to it, but looking at how those reportshave indeed influenced gold price provides extra context to what...Read More

The gold miners’ stocks have been grinding lower for a month now, sapping traders’ enthusiasm.But this is par for the gold-summer-doldrums course, what typically happens in June.This sentiment-rebalancing drift is quite bullish for this high-potential sector, reloading it for another strong surge higher.With their probable mid-summer bottoming nearing, traders have a mid-upleg opportun...Read More

Did today’s decline in gold surpriseyou? It shouldn’t – during Thursday’s rally, gold moved to two resistancelines.And I sent out a special Alert indicatingthat this was actually a shorting opportunity. That’s my second position ingold in years, and we closed the previous one (it was a long position)profitably in April this year. The Beginning of aBigger MoveAnd let m...Read More

Bitcoin was heralded as the new gold.But the “old” gold ultimately managed to move above its 2021 highs, while the“new” gold didn’t.Gold didn’t disappear; they both coexist,and they both have a strong anti-dollar vibe.Questioning Bitcoin'sRallyBut… Could it be the case thatbitcoin’s rally is over? It hasn’t moved to new highs after all, despit...Read More

During the Great Depression, both silver(1931) and the Dow (1932) reached a significant low. Both have rallied significantlysince then. However, the structure of the rallies was very different.To date, the Dow has significantlyoutperformed silver since those lows. The Dow increased 988-fold from the lowto the all-time high, whereas silver has only increased 179-fold from the lowto the all-time hig...Read More

The US dollar is on the brink of a majormeltdown. This is apparent based on fundamental and technicalanalysis. Over the last 5 years, the US dollar has sustained somemajor damage through policy without losing much value against other fiat currencies.In other words, the market has not yettaken into account the true (debased) state of the US dollar, but it will soon.Since the US dollar is probably t...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points at 8:35 AM EST.S&P 500 futures recovered 2 points following release of January U.S. Retail Sales at 8:30 AM EST. Consensus called for s 0.2% drop versus a gain of 0.4% in December. Actual was a 0.9% drop. Excluding auto sales, consensus was a 0.3% drop versus a 0.4% gain in December. Actual was a 0.4% dro...Read More