In a recent call with Eric Sprott, founder of Sprott Inc., he said he was still buying physical gold -and planned to keep buying it for as long as he could.

Coffin believes that in the short term a price of $1,200/oz is possible, though there is room now for an oversold bounce.

Gold price drops to levels last seen in 2013 as Fed continues to withdraw economic stimulus and the dollar surges.

Larson Electronics has announced the release of a new pedestal mount LED work light configured to work on 24 volts DC or AC. The EPL-PM-150LED-24V-100 LED light can illuminate up to 10,000 square feet of work space and features a convenient pedestal mount base stand for easy handling and operation.

For decades NETZSCH has been a global market leader for NEMO® progressing cavity pumps, evolving from pump specialists for a single type of pump into a solution provider for NEMO® progressing cavity pumps, TORNADO® rotary lobe pumps, multi screw pumps, macerators/grinders, dosing technology, and equipment for custom built and challenging solutions for many applications.

Iron ore will recover to above $90 a tonne over the medium term, but dips to low $70s not ruled out.

Diamond, graphite and silicon carbide to name a few.

Andrey Melnichenko is taking Uralkali and Potashcorp head on by building two $5bn potash mines, but spent the summer cruising from Ketchikan to Seattle.

Investment banks sees steady price erosion for rest of the year and an average of $1,180 an ounce in 2015 against a "bearish macro backdrop" for the metal.