By Nicholas – Published on November 3, 2017
It would appear that the nickel market is heating up. It recently rose by its daily limit in Shanghai, and in London, the price has eclipsed the highs of 2015. The primary driver is thought to be robust demand from steel makers in China, but the market for nickel sulfides is also growing at a...
By Nicholas – Published on November 2, 2017
It as been said that it is important not to confuse correlation with causality. But in the case of Bitcoin's price, and the dearth of small scale investment in physical gold and silver, it seems likely that the crypto boom is hurting demand for minted coins. According to the Wall Street Journal...
By Nicholas – Published on November 1, 2017
Liquidity is the lifeblood of the financial system. When the subprime market tanked in 2008, it was the suspension of trade in the AAA rated synthetic bonds that acted as the impetus for the crisis of confidence that shook the world. Now renown investor and author James Rickards is putting the...
By Nicholas – Published on October 31, 2017
Finding people that can deliver value in the mining industry isn't always easy. Mining is a hard business, and as capital has grown more concentrated over the last decade, financing projects has only become more trying. But Rob McEwen has built up a solid company, again, and he has set some...
By Nicholas – Published on October 31, 2017
A recent report from the Canadian Broadcasting Company (CBC) has the potential to roil the physical gold market across the globe. According to the CBC, a jeweler named Samuel Tang recently bought a 1oz gold bar from a Royal Bank of Canada branch across the street from his boutique in Ottawa, and...
By Nicholas – Published on October 30, 2017
The world is moving towards a very new energy mix. Over the last few years the cost of producing electricity from wind power has dropped substantially. Over the weekend Germany's wind farms produced so much electricity that rates actually went negative. That means that when someone turned on...
By Nicholas – Published on October 30, 2017
According to Doug Casey, he was given a pitch to buy Bitcoin back in 2013. But at the time he really didn't see it as being a viable currency, due in large part to its lack of intrinsic value. Of course, he wasn't alone. Many of the early adopters of Bitcoin, and cryptocurrencies at large,...
By Nicholas – Published on October 29, 2017
The Bitcoin narrative just keeps getting better. A few years ago the idea that a cryptocurrency would have a market cap north of $100 Billion US Dollars was pretty far fetched. But today that is a reality, and some of the biggest names in investing are getting involved in the space. The question...
By Nicholas – Published on October 28, 2017
Don't ever let anyone tell you that hard work doesn't pay off. When Marin Katusa first sat down with Rick Rule in 2004, it hadn't been long since left a job teaching calculus. Not to say that teachers aren't important, but the position he currently occupies is a far cry from that...
By Nicholas – Published on October 27, 2017
When an investor like Doug Casey says that the bottom of a bear market is probably in, it would be smart to pay attention. Depending on how you want to measure the beginning of the current bear market in precious metals, it has been going for at least six years, if not longer. For mining shares the...
By Nicholas – Published on October 27, 2017
South Africa is facing some major problems that may not have solutions. The most urgent issue is the lack of water, and the total absence of any viable options for supporting a burgeoning population. The city of Cape Town has instituted a water rationing program, but even with the cuts in service...
By Nicholas – Published on October 26, 2017
The lowest point of a bear market goes unnoticed. This is more a matter of necessity than some sort of grandiose statement about investing. When a market bottoms out, there is no way to know that it isn't going any lower, nor is there any way to know that times will be better in the future....
By Nicholas – Published on October 25, 2017
According to reports from the Nikkei Asian Review, the Shanghai International Energy Exchange (SIEE) is in the last stages of preparation before launching a crude oil futures contract that will be both open to international entities, and priced in Chinese Yuan. China recently overtook the United...
By Nicholas – Published on October 25, 2017
i. Introduction Economics has struggled to make sense out of the price movements that occur in financial markets, or on a larger scale, economies as a whole. For a long time the ideas of equilibrium were very important to the study of economics, but when these ideas are looked at critically,...
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