PGM News and Press, iPathA Series B Bloomberg Platinum Subindex Total Return ETN From 08/18/22

Disclosures at a trial offer insights into JPMorgan's position and profits from precious metals trading over the past years. An acquittal for a salesperson; the managing director and senior trader face stiff sentences as convicted felons. JPMorgan's board of directors - can they a...

The energy sector led during the month of July, providing almost all of the positive performance due to a strong rally in natural gas prices. The heat wave from late June into early July in the lower Midwest U.S. killed cattle, quickly reducing supply. However, both cattle and hogs ra...

Gold is not a speculation. It is opposite of that. It is a long-term "value" instrument and anchor amid a sea of speculative assets. Speculators impose their view of what gold "should" be to their frequent frustration. Gold miners, on the other hand, leverage gold's standing in th...

Systemic risks abound right now that, in my view, could favor allocations to physical gold and gold mining stocks. Today, real interest rates are as negative as they were in 1980, but so far, the gold price has remained below $1,800. Over the past three years through the end of Ju...

HMY gross margin of 23% is worrying given inflationary trends. A spike in costs on the front end in the absence of growing sales would hurt earnings badly. HMY shares are due for a bounce, but significant overhead resistance may cut the rally short. Intro If we p...

While I personally prefer physical gold as a means to safeguard against growing financial and economic risks, GLD is a convenient way to temporarily increase or reduce gold exposure. GLD moves in tandem with the gold spot price.  At the moment, there is a growing list of factors ...

The SPX should be bottoming out for the next few months. The metals are setting up their own bottoming. The TLT could see one more lower low before a major rally takes hold. For those that have been reading me lately, you would know that I have been taking a lot more tim...

Gold futures fell for a fourth straight session Thursday, sending prices to their lowest finish since early February and wrapping up the metal's worst quarterly performance since Q1 2021. Comex gold ( XAUUSD:CUR ) for August delivery closed -0.6% to $1,807.30/oz, do...

The Segovia Operations gold complex has an NPV of $241.6 million and I think that the mine life will increase significantly over the coming years. GCM Mining also owns the Toroparu gold project in Guyana, which has an NPV of over $1 billion at today's price of gold. In addition, i...

When market conditions change or at times when our trading begins to rack up losses, the best thing we can do as a professional is to go to cash. Over the next 12 to 24+ months, we expect very large price swings in the US stock market. Historically, bonds have served as one of the...