By Nicholas – Published on February 14, 2018
President Trump isn't afraid to spend money. The past few weeks have seen a new federal budget agreed to in the USA, with the figure for 'defense' spending coming in at the highest level ever: $700 billion US Dollars. This is a very large amount of money, though when the defense...
By Nicholas – Published on January 31, 2018
The last week has seen commentary emerge from the World Economic Forum (WEF) in Davos, Switzerland, as well as the much anticipated 'State of the Union' address from US President Donald Trump. For President Trump, these are two firsts. His first time at the WEF, and his first 'State...
By Nicholas – Published on January 30, 2018
The US Dollar has been under pressure when measured against other major currencies, but over the last few days, its fall seems to have stabilized around 89 on the US Dollar Index. There hasn't been much news to drive this action in the world's largest reserve currency, but some...
By Nicholas – Published on January 23, 2018
December of 2017 saw the Russian Central Bank amass another 300,000 ounces of gold, bringing their total purchases for 2017 to 223 tonnes. The last few years have seen Russia add hundreds of tonnes of gold to their official reserves, and with December's purchases, they may be in a position...
By Nicholas – Published on January 18, 2018
Like most of the base metals, zinc had a great second half of 2017. So far 2018 is looking good as well, with the cash contract for zinc holding steady above $3400 USD/tonne on the LME. There have been some observations made in recent weeks about the speculative nature of the buying in the base...
By Nicholas – Published on January 14, 2018
When it comes to gold, there are a number of respected investors who are very bullish on the yellow metal. The last few years haven't been very exciting for the precious metals, and much like the often repeated calls for the demise of the Chinese growth story, there have been a slew of...
By Nicholas – Published on January 11, 2018
A lot has happened in the last decade, and some extreme monetary policies have come into play that would have been unthinkable prior to the sub-prime crisis in 2008. In the wake of a near total collapse of the Western financial system, central banks in the US, EU, Japan and UK engaged in...
By Nicholas – Published on January 7, 2018
The last week has seen a lot of mixed messages come out of the Chinese Government when it comes to crypto mining. At first, it looked like the People's Bank of China (PBOC) was moving towards an outright ban on crypto mining activities, but as the week went on, it was made clear that they...
By Nicholas – Published on January 5, 2018
It would appear that gold is off to a blistering start to 2018. After smashing through its 200 day simple moving average on the heels of a Fed rate hike, which is now sitting around $1276 USD/oz, gold has been on a run past $1300 USD/oz that is on par with some of the quickest gold rallies of...
By Nicholas – Published on December 31, 2017
Over the last week copper prices have stormed back over $3USD/lb, and normally light holiday trade has been met with some heavy news flow out of China. China is by far the largest market for copper, and a string of data has supported a very positive narrative for copper prices going forward. The...
By Nicholas – Published on December 8, 2017
The way that people work is changing fast. Automation is becoming widespread at a time when a number of other technologies are entering maturity, and the results of this on the future of industry could be profound. Driverless cars might be the thin end of the wedge when it comes advanced...
By Nicholas – Published on December 7, 2017
This year the Mines & Money conference in London was a target for protests by a wide range of concerned persons. Some of the most common criticisms that are leveled against big miners is that their operations destroy water systems, and displace native communities. They are also accused of not...
By Nicholas – Published on December 7, 2017
Many people associate the phrase “Made in China” with less than stellar quality. To be sure, there is a lot of lower quality products that are still manufactured all over China. But the government in China has made developing higher quality industries a big priority. With this push to...
By Nicholas – Published on December 5, 2017
There was continued talk of a new market for physical gold sales at this year's Russian Bullion Market Conference in Moscow. First Deputy Chairman of the Bank of Russia, Sergey Shvetsov, delivered a speech that reaffirmed Russia's commitment to create a new settlement system for gold sales...
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