One of last year’s best-performing hedge funds says the “trade of the century” is to buy gold and sell stocks as risk assets are due for another meltdown. It’s only a matter of time until the bearish bet pays off big, according to Crescat Capital LLC. While the Denver-based firm has only about $50 million… Read More
(Bloomberg) — South Africa’s gold industry, once the world’s largest, faces an inevitable decline, according to the chairman of the country’s biggest producer of the metal by market value. Output will continue to shrink as miners chase ever-deeper ore bodies while struggling to keep costs down, said AngloGold Ashanti Ltd. Chairman Sipho Pityana. That means the… Read More
Coronet Metals (TSXV: CRF) announced this week that it has entered into an agreement to gain 100% interest in 3,888 mineral claims totalling over 62,000 hectares in the Meguma Gold Belt located in Nova Scotia, eastern Canada. In a press release, the company explained that the claims are adjacent and along trend from Atlantic Gold’s… Read More
MOSCOW, April 26 (Reuters) – Russia’s Norilsk Nickel (Nornickel) has cut the 2018 production forecast for its new Bystrinsky copper project near the Chinese border due to a problem with equipment which it hopes to fix in the second quarter, it said on Thursday. Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal,… Read More
In a technology-focused partnership that will help make mines safer and more productive, Sibanye-Stillwater and the Wits Mining Institute (WMI) at the University of the Witwatersrand, today launched the Sibanye-Stillwater Digital Mining Laboratory (DigiMine). DigiMine is a simulated mining environment in the Chamber of Mines building on the West Campus of Wits University, whose facilities… Read More
Watch the full gold documentary parts 1 and 2, exclusively on Real Vision. Learn how you can become a great investor and start a 14-day free trial with Real Vision: http://rvtv.io/2F3zvWS Grant Williams presents the definitive analysis of gold, in…
Again gold was taken down on the futures market, but this time was done at the Comex opening. Apparently 4 million ounces of gold was traded in 10 minutes. This was reported by Bloomberg. This article explains how it was done. Previously Investing Matters has reported how the paper gold price is taken down on… Read More
Investing Matters has been monitoring the extreme price movements on the Gold paper price. Most of the extreme, DOWN price movements are done when London and New York Comex overlap, as illustrated on the chart below. Here are other Gold Price Charts showing the gold price take down. I would… Read More
China’s moves to replace the dollar as the global reserve currency may be denied, but with its ‘gold-for yuan’ option for oil purchases in its own currency it is moving another step closer. Source: sharpspixley.com
The price of gold broke a three-year losing streak in 2016, but the focus of the world’s top gold mining companies in terms of output continued to be on cost-cutting and divestment (with varying degrees of success) which led to a decline in production for most of the sector’s majors. Preliminary gold production by the… Read More
My father was Hugo Salinas Rocha -“Salinas” was his father’s surname, and “Rocha” was his mother’s surname; the custom of using both parents’ surnames is universal in Latin America. Father was a successful merchant in Mexico City, and in the 1930’s he ran a store in downtown Mexico City. The store belonged to a company… Read More
NIA will soon be releasing an exclusive must read report entitled, ’50 Reasons Gold Must Rise’. Here is one of the most important reasons that NIA will be featuring in its report: Even though QE3 has ended, the Fed is expected to at least maintain the current size of its balance sheet moving forward. In… Read More
Gold and Silver is the asset class to be in invested in 2016-2017. Precious metals are the only asset class that is undervalued. Please visit: Podcasts
Stocks,Bond are over priced and expensive. Markets is about to correct downwards and Gold and Silver to go up. For our Podcast :https://investingmatters.co.za/media/audio/
ABSA NewGold ETF is one of the largest privately held fund in gold in the world. NewGold was listed on the ETF sector of the JSE Stock Exchange in 2004. Today, the fund is the largest ETF in South Africa. Since its listing, it has performed well as an investment, and out performed the South… Read More