Preparing for a Silver Short Squeeze

No new video for this Mining Corner summer update, but rather a podcast with Bob Coleman and Dave Morgan.

Deflating speculative bubble of catalyzer precious metals

For more than three years, palladium has been more expensive than gold. At best gold briefly reached parity. For one ounce of Rhodium you paid, at its peak price, more than tenfold the price of gold at that moment. Both anomalies have since disappeared. Is the speculative bubble of catalyzer precious metals deflating?

Diverging price trends of 'white' precious metals

There is a lot of complaining going on about 'white precious metals'. In some cases producers are struggling to remain profitable, let alone to stay afloat. In other cases industrial consumers are trying to find ways to reduce the amount needed of those expensive metals having even multiplied in price.

Gold miner pulse - October 2020 update

Happy Thanksgiving to all Canadians

Graphs last updated on Oct 9, 2020

The main content of this article also is found on the regular weekly updated blog page: Gold miner Pulse. Its focus still is a tactical approach on how gold and silver miners perform relative to the price of gold or silver.

Precious metal and miner 2019 overview and outlook for 2020

Best wishes for 2020

This blog article is monitoring the trends over a 6 and over a 12 months time horizon. Therefore the graphs posted here are showing daily observations year-to-date. For the very long term reference frame, see the articles referenced at the bottom.

Diverging price trends among precious metals

Diverging price trends among precious metals

Precious metals in a downtrend over 2018 is a story of the more obvious. The failing gold rally early in the year and the breakdown of silver leading to a gold/silver ratio now over 86. Platinum is another horror story: longs were lured in a failing rally of this denser precious metal. Yet by mid August, platinum plunged to $767.  Even during the four year gold bear market, platinum had not seen such price level. Today (30 Nov), Platinum again is to close below $800/Oz, making the Gold/Platinum ratio rise to 1.533. Two ounces of gold now buy over three ounces of platinum. 

A case for the 'white precious metals'

The precious metal recovery in January last year was led by gold, with the white precious metals - especially silver and platinum - following reluctantly. The idea of a more sluggish growth in China translated into expectations of lower demand for industrial metals. In January 2016, copper quoted at a decade low. 

Platinum, Palladium and Silver relative to Gold.

The rejuvenated gold recovery quickly wipes all past hardship from our collective memories. Yet the yellow metal only bottomed on Dec 3, 2015. The 'white precious metals' continued weakening unabated thereafter until somewhen in January 2016.

Sluggish East-Asian economies keep the lid on precious metals

From September until the end of the year is repeated over and over to be the seasonally strongest period of the year for precious metals. Such statistics however are averages and calculated standard errors are considerable. Yet we now face the fifth consecutive year with precious metals unable to uphold any gain during autumn. A worsening economic outlook for East-Asian economies keeps the lid on precious metals.

Metals not equally precious in their slide

From September until the end of the year is repeated over and over to be the seasonally strongest period of the year for precious metals. Such statistics however are averages and calculated standard errors are considerable. Yet we now face the fourth consecutive year with gold selling off during autumn. Could we do any better investing in any other precious metal ?

Metals not equally precious investments ...

While speculators are focusing on price changes of the metal of their choice to set up a trade, the long term investor is better off studying the price changes over the long haul and the relative price changes of one precious metal to another. It is most common to compare gold to any other precious metal through e.g. a Gold-to-Silver, or Gold-to-Platinum ratio. This tells you how many ounces of the second precious metal one ounce of gold would buy.