Buying gold today comparable to buying stocks in April 2009?
Not only is gold the best performing asset class of 2016, but last month was gold's best February showing since futures trading began in 1975.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
BHP, Vale shares surge on Samarco deal
Iron ore giants reach deal with Brazilian government to pay $6.2 billion over several years for clean up after November's deadly tailings dam spill.
Who’d you thank for surging gold price? Thank Donald Trump
Wall Street Journal gives voice to notion Trump’s ascendancy in the presidential race is pushing investors into the safe harbour of the gold market.
Royal Nickel on a tear after northern Quebec find
Toronto junior's shares up 14% after grabbing samples ranging from 5g/t to 198g/t gold over 15km of strike length at its newly-consolidated Qiqavik project.
Warning of another string of mining bankruptcies in 2016
Rate of corporate defaults could be double historical average going back to 1920 says new study.
Gold price: Giant sucking sound now coming from the West
Chinese bullion imports at 2011 levels mix with record-breaking discounts in India as money pours into physical gold-backed ETFs.
‘Several years’ of iron ore bear market behind Rio downgrade
Moody's takes Rio Tinto's credit down a notch to below A-rating with a negative outlook.
Gold price: ETF buying surges to 6-year high
Investors in physical gold-backed ETFs pick up 50 tonnes in two days, the fastest clip since May 2010.
BHP: No iron ore supply opportunity for at least a decade
The composition of China's economy is changing more quickly than anticipated says world number one mining company.
Iron ore price holds $50 despite steel shocker
Chinese and global steel output contracts by more than 7%.
Mining’s next boom is off the map: Arctic ice, abyssal plains and asteroids
Depletion, lower ore grades and higher prices pushing miners to new frontiers. The Arctic is already drawing capital, deep-sea mining is moving into a regulatory fight, and space remains the long-dated option.