CHART: Chinese may regret ditching gold for stocks
As Chinese bullion imports fall, a comparison between gold price and Shanghai Composite shows extent of equities bubble.
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:
Iron ore price jumps to three-month high
Signs of demand improvement as iron ore imports cover at Chinese ports fall to near two-year low.
Conflict gold case against Swiss refiner dropped
Insufficient evidence against Argos-Heraeus.
Anglo triples iron ore exports to India
India's total imports reach record high in year to end-March.
Dollar knocks gold price back below $1,200
Hedge funds cut bullish bets on gold price 16%.
One Canadian fund made a $700m bet on gold
Q1 filings show Toronto asset manager CI Investments poured $700 million into world's top gold-backed ETF while Credit Suisse upped its investment 4-fold.
Iron ore is not in oversupply
Only lower grade fines are oversupplied shows new research report.
Turquoise Hill rockets on Oyu Tolgoi funding deal
Shares in Vancouver firm up 12% after parent Rio Tinto and Mongolia sign landmark deal to fund $5 billion underground expansion of giant copper-gold mine.
Gold price at 3-month high after stock market warning
Bank of America warns of "cleansing drop" in asset prices and advises investors stuck in "Twilight Zone" to add to gold holdings.
Europe set to adopt voluntary conflict mineral law
Providing proof of origin of tin, tantalum, tungsten, and gold near conflict zones voluntary under law to be adopted this week.
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil, hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.