Why the sell-off in gold bullion is based on faulty logic
If inflation gets out of control, I would rather already own gold bullion than join the crowd scrambling to jump on board again.
Latest Stories
In 20 years what country will produce the most gold?
South Africa has pulled itself down to fifth place.
Deliver or die: Financial survival challenges for today’s junior oil companies
Lord help you if the well is a bust.
Silver demand as guide for silver’s next price move
Fifty percent of silver demand comes from industry.
Terex Finlay Launch New I-100RS Impact Crusher
The NEW Terex® Finlay I-100RS direct drive ø860mm x 860mm (Ø34” x 34”) horizontal impact crusher with variable speed gives operators unprecedented levels of fuel efficiency and production in both recycling and quarrying applications. The robust and proven Terex chamber gives excellent reduction ratios and high consistency of product shape.
Rio Tinto’s Simandou project to cost over $18 billion
Chinese giant Chalco, in the process of is selling its stake in the project to parent Chinalco, said it will get a bit over $2bn for the transaction.
Gabriel Resources says troubled Rosia Montana project cost up about $100 million
Europe's largest gold mine will cost Gabriel Resources US$15 billion.
Mining sector fall weighs negatively on US industrial output
First drop in mining ouput in seven months.
US closing eight coal-fired power plants in Tennessee
Decision was driven by a combination of environmental requirements, the age of the plants, competition from natural gas and declining electricity consumption in Tenessee.