The English bank is planning to sell large parts of its metals, agricultural and energy business.
Despite the ongoing attack of the short-sellers, the fundamentals of gold and silver production are increasingly robust.
The bottoming process for gold and silver shares has been arduous as they’ve oscillated back and forth for almost a year.
Gold has made its way down again, to around 1,300 per ounce this month. Rick Rule, Chairman of Sprott Global Resource Investments Ltd. says that a few years out, you will be happy you stuck with gold.
Even though the price of gold has fallen below the psychological level of $1330 an ounce, and while the mainstream media continues with its consistently negative coverage, demand for physical gold remains extremely robust in certain regions.
Long and short-term gold forecasts.
Many decades of Keynesian-inspired economic and monetary corruption have left advanced economies with a legacy of debt and low savings.
When the former Soviet Union collapsed almost 25 years ago, most global strategic forecasters assumed that the U.S. would adapt pragmatically to her new status of sole world superpower.
It wasn’t meant to be like this: six years of global money-printing should have guaranteed economic recovery.
What drives the price development in the long run?
While there continue to be many gold bugs out there, I’m not one of them—but I do see gold as a trading opportunity.
A year ago today saw one of the largest declines in COMEX gold and silver futures in the last several decades.
Etienne Moshevich, editor of Alphastox.com, looks at three things before he decides to get excited about a company: people, projects and structure.
Despite the furore surrounding the Gold Fix [unfairly, we believe] it is a singularly determined attempt amongst commodities to set a twice daily price that does reflect demand and supply of gold, at those moments.
Be on alert as the short-term trend for precious metals (especially the miners) could resume to the downside.
Gold bugs have been forecasting a dollar collapse for years. They have been correct about the gold price, which has advanced nearly 400% in the past 12 years versus a gain of just 64% for the S&P 500.
Nearing its eighth birthday, GDX has even usurped the venerable HUI gold-stock index as this sector’s metric of choice in many circles.
The probe was opened following a settlement with regulators that alleged JPMorgan manipulated power markets in the Midwest and California.
Just when you thought it was safe to go back into the market the gold price and junior resource stocks drop and nervous traders declare the sky is falling yet again.
Gold juniors with cash and good projects are trading at tiny fractions of their worth.
After the year we had in 2013 and the fact that the bull stock market is in its fifth year and devoid of a major question despite the advance, it would not be a surprise to see some selling.
We've had so many calls for a crash over the last year that you just know the bears are salivating right now thinking they are finally going to get their wish.
The mission of the Asia Mining Club is to promote education among its members, and one way to achieve this is by hearing from experts in the financial markets, notably those focused on resources and commodities.
It’s deja vu all over again and it was kick-started a couple of trading days before PDAC.
The gold-mining sector is on the verge of flashing the fabled Golden Cross buy signal.
Deal places European trader among world’s top commodity titans.
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