News Articles

Gold rallied after the Federal Reserve announced an increase to its key short-term interest rate on Wednesday, but the metal’s price reaction isn’t quite the head scratcher that it seems to be . . . .

Gold has a strong year in 2016 and we expect an even stronger price advance in 2017. The following targets are our short-term, medium-term and long-term gold price forecasts . . . .

The world is full of golden rules. There is one for every field: ethics, communication, fashion. But there is only one that counts, the golden rule of money: “Who has the gold makes the rules" . . . .

Brexit could be triggered as soon as tomorrow, while the Dutch go to the polls on Wednesday . . . .

I’m very impressed with the recent gold action because it’s holding its own in the face of an impending rate hike. It’s fallen off a bit, but not dramatically. It tells you there are good fundamentals behind it, independent of the threat of a stronger dollar . . . .

Stocks have erupted higher in the last month based on the belief that the economy is roaring once again. However, this is all about sentiment, not reality . . . .

In 1978, one year after taking control of impoverished China, Deng Xiaoping declared “to get rich is glorious.” Since Deng’s declaration, China’s per-capita GDP has grown by over 5,000% . . . .

Reducing debt through debt forgiveness, defaults or inflation is not without consequences. Savings designed to finance future needs, such as retirement, are lost. This in turn results in additional claims on the state to cover the shortfall or reduce future expenditure, which crimps economic activity . . . .

The biggest trade in the world is staring everyone in the face . . . .

Mining magnate and chairman of Franco-Nevada Pierre Lassonde is confident in the mining sector for 2017, noting that gold prices bottomed over a year ago and should only move higher . . . .