Loading ...Makes some sense to me to see gold starting to heat up here after the run in silver, plat and pall. Besides needing to play some catch-up, a lot of little monetary problems are starting to rear their ugly heads. I think it could be starting a period where it outperforms a little. Just a hunch. Gaining steam toward $4900 this am,
PM shares seem to be onboard with it so far, even with the SM starting to weaken.
We’ll see if gold can take the lead for awhile and the shares will respond favorably.
RIO on the move this am, a new ATH
CORRECTED-UPDATE 1-Rio Tinto’s fourth-quarter iron ore shipments rise 7%
4:55 PM ET, 01/20/2026 – Reuters
(Corrects paragraph 5 to say Rio shipped 326.2 Mt iron ore in 2025, not 326.3 Mt)
Jan 21 (Reuters) – Rio Tinto reported a 7% rise in its fourth-quarter iron ore shipments on Wednesday, aided by record quarterly production from Pilbara operations and strong rail and port outload performance.
Iron ore prices advanced in the quarter, buoyed by…