29 June 2022
Yesterday was a down day for investors in almost all asset classes as markets turned down on looming across-the-board fears of a global recession took hold. The Russia/Ukraine War has been a major game changer and many of the cards seem to be in Russia's hands economically speaking.
28 June 2022
The announcement that the G7 nations will be banning imports of Russian-produced gold may have little effect given that many of the world's largest gold consumers are not members of this body - particularly the world's two largest gold consumers, China and India
25 June 2022
Equities and bitcoin have seen signs of recovery in the past week and gold has generally looked a little weaker. We feel that inflation is going to remain high for the foreseeable future, whatever the U.S. Fed does to try and control it and indeed may even add fuel to the flames in Q4 in an attempt to keep the U.S. economy out of all-scale recession.
21 June 2022
A listing of the world's top gold producing companies in 2021 shows some significant changes from a year earlier, partly due to Covid and partly due to mergers. acquisitions and divestments, which have continued into the current year. Higher gold prices have been making this a more profitable investment sector and dividends have been rising accordingly,
10 June 2022
Specialist precious metals consultancy, Metals Focus, has produced its 100 page plus 2022 Gold Focus report covering all aspects of gold supply and demand worldwide. Here we focus on the world's top gold producing nations, plus comments on the consultancy's outlook for the yellow metal over the remainder of the year
08 June 2022
The latest Shanghai Gold Exchange gold withdrawal figures for May have been released and have closed the gap on those of a year ago but the year to date volume is still well below that of 2021. The better May figure implies that China may be beginning to exit from its self-imposed restrictions imposed to control the recent Covid pandemic outbreaks in some major cities and industrial areas.
03 June 2022
April Swiss gold exports and imports have China again as the leading recipient of Swiss re-refined gold, but at a rather lower level than in the past, Indian imports also still remain subdued
01 June 2022
May proved to be a particularly volatile month for most asset classes and we anticipate similar levels of market activity in the month ahead.
30 May 2022
In an interview in Vancouver with Kitco's Michelle Makori, Rick Rule set out some of his views on gold price manipulation/suppression, inflation, US Fed policy, uranium and much more.
22 May 2022
Russia continues to be totally reticent on whether or not it has been adding to its gold reserves despite intimating that it might resume such additions from April after a 2-year gap. We assume its reluctance to come up with new figures is war-related. Meanwhile there are rumours that Russia and China are considering launching a new gold and commodity backed reserve currency to challenge the U.S. dollar.
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