Author: MineWeb

Where next for gold?

Where next for gold? The price of gold has increased sharply this year, but speculation about US interest rates has prompted suggestions that this upward trajectory will move into reverse. Not so, says Simona Gambarini, commodities analyst at leading economics research consultancy...

Bet on gold mining companies fuels jackpot for Soros

wning shares of major gold producers wasn’t very rewarding over the past five years as the plunging price of the metal hurt  profit. But in 2016, the industry has delivered huge returns with relatively little prospect for losses. While mine...

Silver takes the gold

  Here we are at the halfway point of the year, less than two months away from the Rio 2016 Olympic Games. As a group, commodities are the top performing asset class, beating domestic equities, the U.S. dollar and Treasuries....

Returning to a gold standard – why and how

Returning to a gold standard – why and how

by Fraser Murrell, MineWeb In the 1600s, Sir Isaac Newton presided over a (bi-metal) Gold and Silver Standard, with the flaw being the fix of silver to gold. In the 1900s, John Maynard Keynes “revolutionized” economics, with the result being...