CEF News and Press, Sprott Physical Gold and Silver Trust Units From 01/30/20

This is the story of how the Chinese central bank manipulates premiums on gold traded over the Shanghai Gold Exchange. Evidence suggests that since 2017 the Chinese central bank is artificially elevating premiums on gold traded at the Shanghai Gold Exchange ((SGE)) by roughly 0.5%. A Reu...

Originally published January 22, 2020 Last week was big for platinum group metals (PGMs). Stricter emissions standards in China proved to be the catalyst for a huge move in palladium. Palladium and platinum are critical components of catalytic converters. Catalytic converters are the main ...

Silver is still in consolidation mode since early September, but could be close to a resolution. Below, is the chart of Silver: On the chart there appears to have formed some fractals. The current one has also broken out at the blue line in middle to late December of 2019, and is currently...

The bull market in gold and silver began in the early 2000s. After rising to highs of $1920.70 and $49.82 in 2011, both precious metals pulled back to lows of $1046.20 and $13.635 in December 2015. Gold and silver have been consolidating since reaching those lows. In June 2019, gold broke ou...

Recently I alluded to Auric Goldfinger, the villain from the James Bond movie. In the same piece, I mentioned "Goldmember" from "Austin Powers," a spoof of the Bond series. This week, providing a sense of the history of gold can give us a sense of just how significant the yellow metal has been...

2019 was a banner year for two of the three platinum group metals. Palladium and rhodium prices roared higher, and the bullish trend continues early in 2020. Platinum also had a respectable year in 2019 as the metal formerly called "rich person's gold" gained over 22% for the year and was the ...

The Sprott Physical Gold and Silver Trust (NYSE: CEF ) is a closed-end fund with $3 billion in total assets under management. As the name implies, the fund invests in both gold and silver with shares backed by corresponding physical bullion. We like CEF as it offers a unique approach to inve...

Original Post By Stuart Burns We have covered the precious metals and palladium, in particular, a few times over recent months, not because we have suddenly become PGM investors (although looking at price performance, that would have been a fortunate move), but simply because they ar...

The precious metals sector of the commodities market was the best-performing sector in 2019 with double-digit percentage gains in all four of the metals that trade on the COMEX and NYMEX. The composite of the four precious metals that trade on the COMEX and NYMEX divisions of the CME dropped...

Of the four precious metals that trade on the NYMEX and COMEX divisions of the Chicago Mercantile Exchange, palladium is the least liquid. As of December 27, the total number of open long and short positions in the gold futures market stood at 765,653 contracts, a record high representing 76.6...