Commentary

Got Gold? Bottom-Barrel Rates to Last for Years to Come

At least through 2023: That’s how long the Federal Reserve expects near-zero interest rates to last as it seeks to support an economy that’s seen more than 60 million jobless claims since mid-March. Gold has thrived in this low-rate environment, hitting an all-time high of $2,070 an ounce in early August...

Commentary

Ivanhoe Set to Begin Production at World's Second-Largest Copper Project

One of our favorite natural resource companies, Ivanhoe has returned more than 146 percent in the past six months alone as investors anticipate the start of production at the Kakula Mine, which has the potential to become the world’s second-largest copper mining complex, with annual output projected to be 800,000 metric tonnes a year.

Commentary

Helium Is Soaring on Red-Hot Demand, Shrinking Supply

Supply is getting tight. Helium is notoriously difficult and expensive to store, for the very good reason that it escapes every known container over time.

Commentary

Wheels Up! Airlines and Travel Stocks Have Taken Off on Pent-Up Demand

Travel stocks—including airlines, cruise lines and hotels—were among the best performing equities during the month as new daily COVID-19 cases have declined in the U.S. from their mid-July highs.

Commentary

Is Headline CPI Inflation “Fake News”?

The Federal Reserve just tweaked how it thinks about inflation, and this could have a huge impact on gold and gold mining stocks. But Fed Chair Jerome Powell’s speech raises the question yet again if we’re even measuring inflation accurately in the U.S.

Commentary

Wisdom of Crowds Says Better Days Are Ahead

The number of Americans filing for initial jobless claims this week spiked above 1 million, while the number of deaths attributed to COVID-19 remains above 1,000 a day. But there was much else to celebrate.

Commentary

And Just Like That, Buffett Likes Gold

Berkshire unexpectedly announced that, as of the end of the second quarter, it held a $565 million position in Barrick Gold, the world’s second largest producer of the metal.

Commentary

A Gold Correction Was Expected After Nine Straight Weeks of Gains

The price of gold had its first down week since early June, ending a spectacular nine-week rally. The yellow metal briefly fell below $1,900 an ounce on Wednesday as stocks neared their all-time closing high and the 10-year Treasury yield jumped on record supply.

Commentary

Markets Have Outperformed When a President Seeks Reelection

By now you’ve all heard the news. Joe Biden, the Democrats’ presumptive nominee for president, has selected as his running mate Kamala Harris, junior senator from California and the state’s former attorney general.

Commentary

Airlines and Gold Cruising on Renewed Investor Confidence

For the week, airlines stocks increased 9 percent, its best weekly performance since early June. Wheels up!

Commentary

The Contrarian Investment Case for Russian Stocks

Russian stocks, as measured by the MOEX Russia Index, turned positive for the year on Tuesday of this week after plunging 30 percent due to the pandemic. This puts them slightly behind the S&P 500...

Commentary

Ivanhoe Mines and Franco-Nevada Look Favorable Ahead of Earnings

Two companies in the metals and mining space I’m looking forward to hearing from are Ivanhoe Mines and Franco-Nevada. Both are scheduled to report next week.

Commentary

Is the Gold Rally Overdone? Here's What History Says May Come Next

As you’re probably aware by now, spot gold is trading at an all-time high in nominal terms, having recently hit $1,977 an ounce. Futures touched $2,000 for the first time ever.

Commentary

I Believe Gold and Silver Are Just Getting Started

We all know that past performance is no guarantee of future results, but you can see in the chart below that the white metal could possibly be setting up for another epic run-up. At this stage of the bull market, silver’s current price appreciation is ahead of any previous rally.

Commentary

Gold Is Within Striking Distance of Its All-Time High. Here's How to Play the Rally

Both gold and silver have been on a tear this week, with the yellow metal touching a nine-year high of $1,897 in intraday trading on Thursday. Silver was trading above $22.70, up 94 percent from its 52-week low on March 18.