What a long, strange trip it’s been since Nixon took USD off the gold standard
The chart of SPX and gold shows that volatility was hard-wired into a macro market situation that had been relatively normal prior to August 1971.
Latest Stories
US establishes new tin supply chain in deal with Rwanda’s Trinity Metals
The move comes as Rwanda seeks to diversify its mineral exports and strengthen trade relations with the US.
China pauses rare earth export curbs targeting US entities
Move is part of the trade detente struck between the world’s two largest economies.
KGHM’s first-quarter core profit leaps 60%
Adjusted core profit rose to 2.49 billion zlotys ($659.55 million).
G2 reports near-surface gold at Peters project in Guyana
The project, spread out over 33.8 sq. km, lies about 35 km southwest of the company’s flagship Oko property.
Gold price falls below $3,200 as focus shifts from safe havens
Bullion has now declined 9% from its high of $3,500 last month amid elevated trade war fears.
Outcrop Silver’s high-grade hits confirm size of Los Mangos system in Colombia
One hole cut 3.86 metres grading 433 g/t silver and 2.51 g/t gold from 225 metres depth.
Congo may impose more cobalt curbs after four-month export ban
The country imposed the export ban in February to try to revive prices for the metal.
EU must set aside over 10 billion euros for key minerals, says agency head
The bloc has set 2030 targets for 34 minerals such as lithium and copper.
