First Trust Introduces FT Vest Silver Strategy & Target Income ETF (SLVY)

A single-ticker solution seeking to capture a portion of silver’s price return while generating current income. WHEATON, Ill.–(BUSINESS WIRE)–First Trust Advisors L.P. (“First Trust”) announced today that it has launched the FT Vest Silver Strategy & Target Income ETF (Cboe BZX: SLVY) (the “fund”). SLVY is an actively managed exchange-traded fund (“ETF”) that seeks to provide investors with current income and …

Continue Reading

This Critical Mineral Will Fuel the Next-Gen Energy Grid

The global economic landscape is undergoing a fundamental transformation highlighted by a heavier reliance on energy. The proliferation of artificial intelligence (AI) usage is only going to accelerate this trend, which creates an opportunity for a specific critical mineral: lithium. “Global energy demand is continuing to increase, driven by economic and population growth, electrification and the explosion of artificial intelligence …

Continue Reading

Billions in US-funded rare earths flowing to Asian markets: report

US-backed rare earths producers are selling much of their output to Japan and South Korea because American magnet manufacturing has yet to catch up with Washington’s drive to build a domestic critical minerals supply chain. A report from Financial Times shows that rare earth products from MP Materials (NYSE: MP), Energy Fuels (NYSE American: UUUU; TSX: EFR) and Phoenix Tailings, companies that have …

Continue Reading

Gold demand shifts from hedge to money

Gold’s rally is turning bullion from a hedge into working collateral, resource investors heard this week at the Rule Symposium in Boca Raton, Florida. Central bank buying, physical metal flows and dollar alternatives are pulling gold and silver deeper into the financial system, analysts said this week. “The people who print the money are buying the one thing they can’t …

Continue Reading

Canada, Japan push critical minerals pact with $1bn deals to cut China dependence

Canada and Japan are deepening their critical minerals alliance, seeking to reduce their dependence on Chinese supplies. At Canada’s largest-ever trade mission to Tokyo and the Asia-Pacific region, companies from both countries signed commercial agreements worth over CAD 1 billion (USD 706.11 million), exploring joint initiatives to secure future supplies of key minerals. The delegation comprised around 300 participants representing …

Continue Reading

Gold, critical minerals gain trust premium as money, supply chains fray

Gold is returning as the “apex predator” of a debt-heavy financial system, while critical minerals are becoming the ground governments fight over, resource investors were told Tuesday at the Rule Symposium. Central banks bought 863 tonnes of gold last year after three straight years above 1,000 tonnes, while the U.S. dollar held 57.13% of allocated currency reserves in the first …

Continue Reading

Corporate Japan’s rare-earth warnings get louder as China keeps the spigot closed

A shortage of critical minerals is starting to affect the broader Japanese economy, adding a sense of urgency for Prime Minister Sanae Takaichi‘s government to find alternatives to exports that China has cut off, according to recent corporate filings. China dominates the global market for rare earths – which are crucial in making items from electric cars to weapons – and it is using those supplies as a diplomatic …

Continue Reading

From liquidation to consolidation: precious metals seek a floor

Key Points: Gold is attempting to stabilise rather than resume its uptrend, supported by softer US data, easing inflation concerns and a less hostile dollar and yield backdrop.  The Federal Reserve remains the key swing factor, with the next durable move likely to depend on whether rate expectations, bond yields and the dollar turn decisively lower.  Structural hard-asset demand remains …

Continue Reading

China’s top ETF is now gold, not stocks

Central banks just made their second-largest monthly purchase of the year. China’s biggest ETF is now a gold fund. And Citi just took a seat inside global bullion clearing. All three signals landed within five days of each other. In the space of one week, three separate parts of the global financial system all moved in the same direction: official …

Continue Reading