View: Source In a powerful and paradoxical display of stubborn strength, gold is holding firm near its all-time record high, a resilient and defiant stance in the face of a wave of good news that should, in theory, be sending it tumbling. The precious metal is brushing off signs of an easing in global trade tensions and the growing hope of …
Continue ReadingView: Source Silver, in my view, is on track to trade around $400 per ounce by 2032. I know that might sound ambitious at first, but when you dig into the data, the story becomes hard to ignore. Over the past few decades, silver has been quietly building one of the most powerful setups in the entire commodity space. The evidence …
Continue ReadingView: Source Key Points: Gold consolidates near $4,230 as Fed rate cut expectations and fiscal risks sustain global safe-haven demand. Central banks purchased over 180 tonnes of gold in Q3, reinforcing long-term institutional demand and price stability. Silver steadies near $51.60 as industrial demand from solar and electronics supports strategic long-term growth. Market Overview Gold prices opened the week on a …
Continue ReadingView: Source Critical minerals are having a moment. Prime Minister Anthony Albanese is at the White House to talk up Australia’s rich deposits with President Donald Trump. China, which has a global stranglehold on rare earth elements, recently imposed new export restrictions, much to Trump’s annoyance. It’s clear there’s an era of global competition underway. Critical minerals are essential for manufacturing advanced technologies, such as …
Continue ReadingView: Source Palladium hovered just below $1,560 an ounce as investors took a breather after the metal surged to its highest level since April 2023, reaching $1,665 on October 16. Prices up roughly 34% this year, supported by unpredictable US-China trade tensions, geopolitical uncertainties, and strong market expectations of Fed rate cuts. China has accused the US of stoking panic over …
Continue ReadingView: Source Much has been whispered, postulated and debated over the decades regarding gold’s potential and place in a new global monetary system. Why? Gold has had a long monetary history, whereas fiat currencies, even the strong ones, have not survived the tendencies of rulers and governments to debase their currencies after insurmountable debt accumulation to fund their expanding programs, be …
Continue ReadingView: Source Canada’s Natural Resources Minister, Tim Hodgson, says the government is not alarmed by the US taking minority stakes in Canadian critical minerals companies, describing the moves as “capitalism in action” rather than a threat to national interests. Speaking at a virtual press briefing from London on Thursday, Hodgson said Canada retained tools to protect its economic and national interests but viewed …
Continue ReadingView: Source Representatives from the governments of Brazil and the US held their first official meeting to discuss tariffs, but the outcome of the negotiations remains uncertain. This week, delegations from both countries met to discuss the 50% tariffs imposed by the US on Brazilian products, in effect since the beginning of August. “Today October 16, Secretary of State Marco Rubio and United …
Continue ReadingView: Source Rare earth elements have become geopolitical dynamite. According to a new analysis by consultancy McKinsey & Company, up to four million jobs in Germany are on the line if top supplier China imposes a permanent export ban. These critical minerals are indispensable to Germany’s high-tech economy: they’re used in precision sensors, specialized magnets, and control systems essential to engineering, …
Continue ReadingView: Source The US Defense Department canceled a tender to buy cobalt, in a fresh sign of the challenges facing Western countries trying to bolster domestic supplies of the battery metal. The Defense Logistics Agency first sought offers in mid-August for up to 7,500 tons of cobalt over the next five years in a contract worth as much as $500 million. …
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