The ECB’s gold buying idea is a non-starter
3 reasons why the Fed, Bank of England and Japan never took it seriously.
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:
Report: BC gold-copper mine has potential for more environmental damage than Mount Polley breach
Third-party review of Imperial Metals' Red Chris mine in northern BC.
Iron ore price enters freefall
Iron ore price down more than 7% over two sessions to just above $70 as supply swamps China just as steel consumption falls for the first time in 14 years.
Dismal China data drops copper price back below $3
And if the Chinese government stops adding to its strategic reserves the price could fall towards $2.50 a pound says new research report.
India readies draconian gold import rules
New measures to curb rocketing imports expected within days.
Iron ore price crashes 4%
Drops to June 2009 levels on the way to $70 a tonne after Chinese house prices fall for sixth month in a row.
Swiss yes vote won’t really boost gold price
Switzerland has to buy up to 1,800 tonnes of gold in a yes vote, but Deutsche Bank says window dressing using derivatives would limit impact on gold price.
Batista’s new ventures: dog cloning, impotence pills, breath freshener
Disgraced Brazilian tycoon on trial for insider trading has signed development deals with a South Korean pharmaceutical company and a dog cloning scientist.
World’s top gold ETF turns 10 – and returned 150%
Those who invested in the SPDR Gold Trust - GLD - at launch 10 years ago are enjoying returns more than double the rate of US equities.
Gold price swings nearly $50
Two massive trades lift gold price from 4-and-half-year lows in another Friday rally.
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.