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Craig Hemke – Trade Deal Optimism, What’s The Trade War Premium In Gold Now? 

Cory
May 12, 2025

 

In today’s Daily Editorial, we welcome back Craig Hemke, Founder and Editor of TF Metals Report, to break down the sharp pullback in gold and mining stocks amid renewed strength in the U.S. dollar and equity markets.

 

We explore the implications of a shifting trade policy narrative – moving from escalating tariff tensions to a tone of reconciliation – and ask: Is the “trade war premium” in gold now gone?

 

Craig dissects:

  • The timeline of gold’s April rally and sharp reversal tied to tariff headlines
  • Today’s triple-whammy: rising energy prices, weaker gold, and post-earnings positioning pressure on miners
  • How short-term technicals, like the dollar index and gold’s 50-day moving average, may drive the next move
  • Whether generalist investors are rotating out of gold stocks and back into risk-on trades

 

We also look ahead to key catalysts this week: CPI, PPI, and Jerome Powell’s Thursday speech… will inflation expectations and rate cut narratives shift again?

Discussion
11 Comments
    BDC
    May 12, 2025 12:01 PM

    https://www.tradingview.com/x/JlXGWsuH/
    NatGas : Box Break : Head Fake?

    Reply
    13 hours ago

    WOW! These are BLOW-OUT numbers at the South Austin district of West Red Lake Gold Madsen Mines. DT

    West Red Lake Gold Intersects 48.97 g/t Au over 18.7m, 52.86 g/t Au over 4.5m and 25.49 g/t Au over 7.5m at South Austin – Madsen Mine

    https://money.tmx.com/quote/WRLG/news/7854890487804513/West_Red_Lake_Gold_Intersects_4897_gt_Au_over_187m_5286_gt_Au_over_45m_and_2549_gt_Au_over_75m_at_South_Austin_Madsen_

    Reply
      12 hours ago

      Isn’t it convenient they waited until after the election to announce another failure by the liberal government.

      Reply
        12 hours ago

        Ev’s are one thing but a lot of these hybrid cars that manufacturers are building, the maintenance problems with two systems in one car are turning out to be horrendous repair costs for the consumer. DT 😜😜😜

        Reply
      12 hours ago

      You notice they don’t say scrubbed they use the word postponed. DT

      Reply
    12 hours ago

    Looking for silver to tag 34/35 this month but hit 42/43 in june breakout. We are simply heading higher and the time is now in these silver miners. Like stated previously explosive move 6/7 month rip in silver!

    cheers to all..

    Reply
    8 hours ago

    Impact Silver should follow Barrick’s lead and change its name to Impact Mining. Looking at their MD&A, which says they have produced 13M ounces of silver since 2006…..19 years, pathetic. And silver production is going down, and they are losing money.

    Reply

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