The silver price trended lower last week after hitting a high of nearly $16 the prior week.  So, what's in store for silver and the broader markets this week?  If we look at the moving averages and what is taking place in the broader markets, we may find some clues.  It seems as if the silver price over the past two weeks has been moving in the opposite direction of the Dow Jon...Read More

Shares of Freeport-McMoRan Inc. (FCX) , one of the world's largest copper miners, fell by 13.1% on Thursday to close at $10.70 after the company reported disappointing fourth-quarter results. The company reported net income of $140 million, or 11 cents a share, after reporting net income of $1.04 billion, or 70 cents a share, a year ago. Copper production fell 17% to 841 million pounds. Aver...Read More

It's proving to be an ugly day for the market. As of this writing, all major stock market indices are down at least 1.5%, dragging stocks to the lowest levels seen since the start of this summer. Simply put, the price action we're seeing in the broad market Tuesday doesn't paint a particularly rosy picture for stocks' staying power during the rest of 2018. But while Mr. Market gets gut-punched t...Read More

Gold is glittering this October - and miners are proving to be one of the best ways to play the trend. Since bottoming back in the middle of September, the average gold mining stock has surged around 15% higher, vs. a 3.3% stumble in the S&P 500 over that same time frame. That's not totally surprising. After last week's big "risk off" moment on Wednesday and Thursday, a flight to quality to gold...Read More

Canada's Barrick Gold Corp. is reportedly near an agreement to buy London-listed Randgold Resources Ltd. in a deal that could be worth as much as $18 billion, according to media reports. The agreement could be announced as soon as Monday, according to a report from Reuters citing a person familiar with the talks. Mining blog IKN first reported the news on Sunday, and Bloomberg later said the t...Read More

Gold prices have taken it on the chin, but don't be scared to shop the space. Goldcorp (GG) saw a weak second quarter, with lower gold production and higher-than-estimated costs. The company has advised the third quarter will also be soft, while forecasting a strong fourth quarter. The company's grand 20/20/20 goal (for 20% higher production, 20% higher reserves, and 20% lower costs) was resta...Read More

As the adage goes, buy the dip. Copper's recent pullback to around $6,000 a metric ton due to trade tensions between the U.S. and China presents a buying opportunity, according to Citigroup Inc. analysts. Copper is often known as Dr. Copper -- the metal with a Ph.D. in economics -- because of its ability to anticipate shifts in the global economy. Copper is used in industries including construct...Read More

Commodities from oil to precious metals showed their strength Wednesday, April 18, pushing higher across the board. While gold futures for June delivery were up 0.34% to $1,354.10 per ounce, other metals were rallying harder. Silver futures for May delivery gained 2.61% to $17.23 per ounce. Copper futures for July delivery soared 2.37% to $317.65 per pound. Platinum spot prices jumped 0.95% to $...Read More

Amid the threat of a trade war breaking out between the U.S. and China, Wall Street and Main Street alike look for gold prices to continue their rally next week. The yellow metal rose sharply this week and by late Friday morning was up some $40 from the lows of Tuesday. The first leg higher came when the Federal Reserve did not appear to be signaling any increase in policymakers' pace of monetar...Read More

The markets are tanking on Thursday, with the Dow down 500 points earlier in the session amid concerns about rising interest rates and ongoing troubles at Action Alerts PLUS holding Facebook (FB) . And that was before President Trump slapped China with $60 billion in tariffs. Here are three top takes from the columnists ofReal Money andReal Money Pro, our premium site for active investor...Read More

A weight has been lifted from the gold market after the Federal Reserve signaled Wednesday that it is in no hurry to raise rates faster than it was already expecting this year, according to one gold analyst. In a telephone interview, George Milling-Stanley, head of gold investments at State Street Global Advisors said that he now expects gold prices to eventually retest the top of its recent ran...Read More

The next move for gold prices may not please the bulls, who are likely betting for the return of stock market volatility boosting sentiment around the yellow metal. "In the last four gold selloffs, greater than average volume occurred across the entire futures chain while front month gold prices held support -- this suggests new longs and accumulation in the lower $1300's," says Bank of America...Read More

U.S. markets are staging a long-awaited rebound this week, bouncing higher for a third straight session Wednesday after a particularly nasty short Thanksgiving trading week. That might pull investors' attention back away from conventionally defensive assets like gold. But that's a big mistake. After a prolonged stretch of underperformance, gold is finally staging a major turnaround here. Simply...Read More

Even though interest in precious metals has fallen over the past few years, investment demand is still the largest growth sector in the silver market.  Yes, it may be hard to believe, but physical silver investment has grown the most since the 2008 financial crisis compared to the other sectors.  And while industrial users consume the highest amount of silver in the overall market annual...Read More

(Bloomberg) -- High prices for lithium and cobalt will hinder sales growth in battery-powered vehicles the next few years, according to HSBC Holdings Plc (LON:HSBA).Global market share by 2025 for fully electric vehicles will be lower than previously projected -- 9.4 percent, compared with an earlier estimate of 10.5 percent, HSBC analysts Alexandre Falcao and Augusto Ensiki said in a report....Read More

(Adds closing prices)By Josephine Mason and Julien PonthusLONDON, Dec 3 (Reuters) - Mining and energy stocks led a rally in British equity markets on Monday after Washington and Beijing agreed a ceasefire in their trade conflict, which has upended financial markets, and oil prices surged ahead of an OPEC meeting.Starting the final month of the year on a positive note, the blue-chip index ended the...Read More

Investing.com - Gold prices rose to more-than-a-month high on Monday as a drop in the dollar lent support to the precious metal following news that the U.S. and China agreed to put any new tariffs on hold for 90 days.At 11:04 AM ET (16:04 GMT), gold futures for February delivery on the Comex division of the New York Mercantile Exchange gained $12.60, or 1.03%, to $1,238.60 a troy ounce, after touc...Read More

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 2.1 pct, FTSE 250 up 1.3 percent* Xi, Trump agree truce on sidelines of G20 summit* RPC falls after ending takeover talks with Bain Capital* Convenience store McColl's sinks after profit alertLONDON, Dec 3 (Reuters) - Mining and energy stocks led a rally in British equity markets on Monday after Washington and Beiji...Read More

Markets are playing it cool Wednesday morning, holding positive territory ahead of the Fed's 2:00 p.m. rate hike decision. Broadly, investors expect the Fed to hike rates by 25 basis points - markets are pricing in about a 67% probability of a hike as of Wednesday morning - but hope that a revised dot plot could hint at Jay Powell and company hitting the brakes on additional hikes for 2019. The...Read More

Technical observations of RossClark@shaw.caBob HoyeInstitutional AdvisorsPosted Sep 18, 2018(Click on image to enlarge)###Bob HoyeInstitutional Advisorsemail: bobhoye@institutionaladvisors.comwebsite: www.institutionaladvisors.com321goldLtdRead More