Gold is a hedge against bad government decisions
Contrary to popular belief, gold is neither a hedge against inflation nor stock market crashes.
Latest Stories
Gold price to hit $2,300 next year on inflation risks, Goldman says
Goldman has set a $2,300/oz price target for gold, which equates to a 22% rally from current levels over the next 12 months.
EV Metal Index rockets to record high on cobalt, nickel price, use
Booming global electric car sales and growth in battery capacity lift MINING.COM EV Metal Index to monthly record and wipe out 2020 pandemic losses.
World’s no. 2 copper producer hits the hard part of its recovery
Peru bounced back from hard lockdowns to post double-digit output growth mid year, but the next stage of its recovery is proving slower.
Epiroc introduces the RCS 4.20 Rig Control System for Pit Viper rigs
Epiroc has introduced RCS 4.20, a software update to its proprietary Rig Control System, taking the next step in data-driven mining. RCS […]
Hecla participates in C$7m Dolly Varden Silver financing
Silver and gold producer Hecla Mining has participated in Dolly Varden Silver’s $7-million flow-through private placement, to maintain a 10.7% interest in […]
Hidden zinc stocks in Spain fuel shortages, price rally
Stocks not held in exchange warehouses have climbed in several countries, but the stand out is Spain where a major smelting operation is located.
BHP urges Australia to maintain trade with China amid tensions
BHP CEO Mike Henry executive said that tension in international relations is antithetical to the prosperity of Australia, and the world.
De Beers sales rise 12% as diamond demand recovers
Sales of $450 million between Nov. 2 and Nov. 16 were higher than $400 million a year earlier, but declined from $467 million between Sept. 21 and Oct. 9.
