The 16 Psyche and other asteroids will probably be mined for their metals. But once they start hitting the market in large quantities, they’re unlikely to be precious for much longer.

Gold’s incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners’ stocks.

The current expansion already goes on for 121 months, becoming the longest economic boom in the US history.

Christopher Cline was the founder of St. Louis, Missouri-based coal miner Foresight Energy LP, a joint venture with Robert Murray’s Murray Energy Corp.

The shake-up of the top tier of gold mining happened before the mega mergers closed.

Wolfden notes that the Picket Mountain deposit is one of the highest grade polymetallic projects in North America.

As the monetary growth is believed to lead financial conditions, the slow rate of money-supply growth increases the risk of recession in the coming months.