Category: Metals & Mining
The analysis published under this category are as follows.
Sunday, December 15, 2024
Got Copper or Gold Miners? Watch Out / Commodities / Metals & Mining
By: P_Radomski_CFA
Copper, silver, and gold quite often move together, especially during the big moves.
Impending Massive Slide
And this is currently very helpful.
Given gold’s recent decline and a much bigger decline in silver and mining stocks, one might wonder whether miners’ and silver’s weakness are telling the truth about the precious metals market’s outlook, or if it’s gold that’s been holding up relatively well.
Monday, January 16, 2023
Copper and Gold miners are leading the Q4-Q1 rally in broad asset markets / Commodities / Metals & Mining
By: Gary_Tanashian
Back in October we began to plan the prospect of a relief rally that would be fueled by over-bearish sentiment (contrary bullish), ‘Fed hawk’ relief as we anticipated inflation signals to ease, and a post (mid-term) election seasonal pattern that is bullish for stocks. This public article had a lot to say about that on November 10th:
For the purposes of this week’s public article, we’ll leave aside the mad science (macro indicators) that NFTRH subscribers were subjected to in support of the bull thesis along the way and also leave aside the individual equities and portfolio strategy shaped by the indicators. But the macro stuff is going to be ever more important going forward. These indicators are, shall we say, absolutely fascinating in their guidance for the balance of 2023.
Here we simplify and just look at two broad market leaders. Copper and gold, copper miners and gold miners. While I am bullish on gold and by extension very bullish on the gold miners, which will fundamentally leverage the 2023 macro, to this point the Q1, 2023 rally is as expected and it literally includes the world.
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Sunday, July 31, 2022
Aluminum, Copper, Zinc: The 3 Horsemen of the Upcoming "Econocalypse" / Commodities / Metals & Mining
By: EWI
This suggests "a burgeoning slowdown in economic activity"
It may seem strange to bring up deflation when surveys show that inflation is the public's number one worry.
But who would have thought that inflation would become a big issue, say, just two years ago?
Right -- a relatively small percentage of people. The point is: Things can unexpectedly change -- fast.
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Friday, February 18, 2022
2 Ways To Play The Commodity Boom In 2022 / Commodities / Metals & Mining
By: OilPrice_Com
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Thursday, February 17, 2022
This Rare Gas Is Now Worth 100X More Than Natural Gas / Commodities / Metals & Mining
By: OilPrice_Com
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Wednesday, February 16, 2022
Helium Prices Are Set To Soar As Supply Shortage Looms / Commodities / Metals & Mining
By: OilPrice_Com
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Monday, February 14, 2022
How To Play The Coming Helium Boom / Commodities / Metals & Mining
By: OilPrice_Com
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Monday, September 06, 2021
Energy Metals Build Momentum; Silver & Platinum May Follow / Commodities / Metals & Mining
By: MoneyMetals
Will this September be one to remember in the markets? It is often characterized by rising volatility heading into the fall. September also often ushers in a period of seasonal strength for precious metals markets.
U.S. stocks opened the month heading back up to record levels. Meanwhile, gold and silver traded with little fanfare. Prices bounced around quietly ahead of Friday’s big jobs report.
Despite lackluster performance in the precious metals sector of late, some other metals are taking off. Energy metals in particular are a hot commodity right now. Uranium – the fuel for nuclear reactors – has suddenly gained strength on supply concerns. And metals used in electric vehicles, including lithium and rare earth elements, are surging along with demand for electric vehicles.
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Thursday, April 15, 2021
Stocks Bull Market Progression Now Shows Base Metal Strength / Stock-Markets / Metals & Mining
By: Donald_W_Dony
Sector performance within the present bull market has largely replicated an historical pattern. Over the past 12 years, the rise and eventual outperformance over the benchmark indexes (i.e. TSX and S&P 500), of specific industry groups has developed starting with technology and consumer discretionary sectors in 2009 and carrying through to the current sector of base metals.
The normal progression of performance in industry groups, beginning with a bear market low, through a gradual recovery and into a full bull market and then with a final cresting high, is illustrated in Chart 1.
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Wednesday, April 07, 2021
The US has Metals Problem - Lithium, Graphite, Copper, Nickel Supplies / Commodities / Metals & Mining
By: Richard_Mills
Years of neglecting its critical metal supplies is catching up with the United States, as demand for the raw materials needed to build a new green economy that rejects fossil fuels gears up.
US President Joe Biden just announced a $2.3 trillion infrastructure spending package aimed partially at shifting the US transportation system from gas and diesel-based to battery-powered, and more support for renewable energies such as wind and solar over carbon-based sources like natural gas.
The plan is big on promises and appears to benefit many sectors, but details are scant on how the country will source the metals needed for repairing and replacing traditional “blacktop” infrastructure, and minerals that will feed a brand new “mine to battery” supply chain.
This article takes a deep dive into the US metals problem and how it might work with its northern neighbor to address it.
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Tuesday, February 16, 2021
Major Optimism for Platinum, Silver, and Copper / Commodities / Metals & Mining
By: MoneyMetals
Attention in the metals markets shifted this week from silver to copper and platinum. While big moves in silver and gold prices may be coming down the road, the monetary metals are currently taking a back seat to electrical and automotive metals.
A massive push by the Biden administration to replace gasoline vehicles with electric vehicles is helping to crank up demand for copper. Anything involving electricity involves copper – and lots of it.
Electric vehicles and their massive batteries contain an average of 180 pounds of the metal. That’s six times the copper that’s used in gasoline cars. Even larger quantities of copper are required for EV charging stations and necessary upgrades to electrical grid infrastructure.
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Friday, February 12, 2021
Energy Metals Lead the Charge / Commodities / Metals & Mining
By: MoneyMetals
Gold and silver aren’t the only viable plays in the metals space – and they aren’t currently the leaders.
On Wednesday, both copper and platinum rallied up to multi-year highs. Rhodium, meanwhile, currently commands $21,000 per ounce – yes, per ounce – making it one of the most valuable elements on the planet.
What’s driving these “energy” metals? Besides ongoing currency depreciation and the risks of higher inflation, which will help boost all hard assets over time, rising demand for electricity in general and electric vehicles in particular.
President Joe Biden recently decreed that the federal government must transition its entire fleet of cars, vans, and trucks to electric motors.
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Monday, November 16, 2020
You May Have Overlooked These “Sleeper” Precious Metals / Commodities / Metals & Mining
By: MoneyMetals
Precious metals markets got off to a rocky start this week as Wall Street celebrated promising developments on the vaccine front.
On Monday, stocks surged while gold and silver sold off hard. That selling didn’t bring downside follow through, however. The metals held trading range support levels and pared some of their earlier losses heading into this Friday the 13th.
A metal we don’t often talk about traded up to an amazing record high earlier this week. The noble metal rhodium made palladium look dirt cheap by comparison – commanding as much as $15,000 per ounce.
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Friday, October 30, 2020
Why a Biden Win will Keep Metals Prices Rocking / Commodities / Metals & Mining
By: Richard_Mills
Joe Biden’s performance in Thursday night’s presidential debate was solid. The former vice president was combative against Donald Trump and frequently had the billionaire US President on the defensive. Post-debate analysis centered around the question of whether Trump, who is behind in the polls, did enough to convince voters that taking a chance on Biden would not be in their best interests. The consensus was he had not.
At AOTH we want to know what is coming for the world economy, and just as importantly, what is in store for the metals we are invested in. If Biden wins the election, I am extremely bullish on industrial metals and precious metals, in particular gold, silver, copper, zinc, and nickel sulfides.
Why?
The Democrats winning the White House and both Houses of Congress would throw markets into a tizzy, causing investors to clamber for safe havens. Gold is the world’s oldest flight to safety and the logical response to market fear.
Installing a Democrat in the White House would also be good for gold (and silver) because of Biden’s propensity to add to the debt.
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Wednesday, September 16, 2020
Slow Economic Recovery from CoronaVirus Unlikely to Impede Strong Demand for Metals / Commodities / Metals & Mining
By: Richard_Mills
Daily coronavirus cases may be down in the United States, but that is no reason to be complacent, especially given that cold and flu season is only a few weeks away, says the nation’s top doctor.
In a roundtable discussion Thursday at Harvard Medical School, Dr. Anthony Fauci warned that “we need to hunker down and get through this fall and winter, because it’s not going to be easy.” He compared the pandemic to the early days of HIV in terms of how quickly it escalated, and how it might continue to escalate, if current trends of low mask-wearing and social distancing continue. “We've been through this before,” he said. “Don't ever, ever underestimate the potential of the pandemic. And don't try and look at the rosy side of things.”
On Friday Dr. Fauci went against President Trump, who in a White House news briefing Thursday told MSNBC’s Andrea Mitchell, “I really do believe we’re rounding the corner,” referring to new cases having declined substantially since July.
According to data from John Hopkins University, over the past seven days the country has reported an average 35,200 cases per day, which is 12% lower than a week ago, and around half compared to 70,000 cases per day peak in late July.
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Monday, April 20, 2020
Supply, Demand, and Depreciation: Key Drivers for Copper, Gold and Silver as the Economy Reopens / Commodities / Metals & Mining
By: MoneyMetals
The metals markets are being pulled in multiple directions simultaneously like never before. The global virus-triggered economic freeze has caused industrial demand for all commodities to crater.
At the same time, mining output is also crashing as virus fears force many mines around the world to suspend operations.
What is the “right” equilibrium price for copper, silver, gold, and other metals in an environment of such extreme and unstable supply and demand stresses? The verdict of the market changes – often dramatically – day by day.
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Monday, January 06, 2020
Will 2020 be Junior Mining Stock’s Year? / Commodities / Metals & Mining
By: Richard_Mills
Another year of covering commodities and select junior mining stocks is all but done and dusted.
We’ve seen palladium prices more than double those of platinum, its sister metal, on tight supply and high demand for catalytic converters in gas-powered vehicles, as smog-belching diesel cars and trucks get phased out to meet tighter air emissions standards particularly in Europe and China.
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Saturday, November 30, 2019
Growing Inequality Unrest Threatens Mining Industry / Commodities / Metals & Mining
By: Richard_Mills
In the 1986 classic ‘Platoon’, Charlie Sheen’s character Chris Taylor tells everyone that he dropped out of college to serve in the Vietnam War. This sets him apart from the other grunts and makes Taylor seem noble and patriotic, giving up school to go fight in a war. But his credo is soon shot down by a black soldier nick-named King, played by Keith David, who tells him:
“You got to be rich in the first place to think like that. Everybody know, the poor are always being f&$#8! over by the rich. Always have, always will.”
Thirty-five years later, King’s world-weary cynicism is just as relevant. The rich are getting richer, inequality is on the rise, and the middle class, which since the 1950s has been the backbone of the US economy, is shrinking.
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Friday, November 01, 2019
‘Power to the People’ and Mining Metals and Minerals / Commodities / Metals & Mining
By: Richard_Mills
The 1960s and 70s were decades of incredible social upheaval.
Fed up with wars, governments out of touch with their ideals, authority figures who didn’t get them, the “flower children” of the '60s took to the streets to demand equal rights for women, civil liberties for black Americans, an end to President Johnson and Nixon’s Vietnam quagmire - all fueled by a powerful new popular culture that called for peace and celebrated the freedom of the individual to do as he/ she pleased.
Fifty years on, the world has changed in ways the “hippy generation” could scarcely imagine.
Protests today tend to be in developing countries, places where greed, graft and corruption mix with inequality in a toxic brew that frequently boils over into the streets, and is just as often violently suppressed. I’m alluding here to the Arab Spring that demanded the reform of oppressed societies, but has for the most part failed to deliver - just look at Lebanon, Egypt and Saudi Arabia.
In the West it’s not so much regime change people are after, as a change in the way governments conduct themselves. Consider the mass demonstrations in Hong Kong directed at the former British colony’s Chinese overlords, or global climate change protests. In the US, bad memories of the 1960s race riots were stirred up when racists and anti-racists confronted one another in Charlotte, North Carolina.
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Tuesday, August 06, 2019
Automakers Flash Warning over Supplies of Critical Metals / Commodities / Metals & Mining
By: MoneyMetals
While motorists continue to enjoy the benefits of a longstanding supply glut in crude oil, car manufacturers are becoming increasingly worried about shortages. Not in liquid fuels, but in metals.
The automotive industry requires certain strategic, rare, and precious metals. Without them, batteries for electric cars wouldn’t function and catalytic converters for gasoline engines wouldn’t work.
Many of the metals that play a critical role in both conventional and electric vehicles now face potential supply shortfalls.
Electric vehicle maker Tesla warned recently of “looming challenges for the metal components used to make EV batteries.” Specifically, supplies of lithium, cobalt, copper, and nickel are failing to keep pace with exponential demand growth for batteries used in cars, solar power systems, and handheld devices.
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