Commodity Trade Mantra

Posts Tagged ‘Gold Mining Companies’

The BIS-Network Dupes the Gold Mining Industry

The BIS-network keeps a lid on the dollar gold price. Since 2013 the dollar gold price per ounce gold is lower than the all-in company costs per ounce gold. The question is how long this can go on. Because of the sharp increase in gold mining costs the dollar gold price needed to reach $ 3,000 an ounce in 2017 for the industry to stay profitable and stay in business.

Federal Reserve to Cause Super-Spike in Gold Prices?

If you follow the gold market closely, you know this very well: gold prices were going higher because the Federal Reserve kept its interest rates significantly low & kept printing more & more money. The Federal Reserve in its most recent meeting, didn’t raise interest rates, lowered its U.S. economic forecast & is now changing its tone over interest rate hikes, which is again bullish for gold prices.

The Outlook for Gold Prices is Brightening Rapidly

US dollar’s serious breakdown, which results from the NIRP move in Japan & the realization that this makes further rate rises in US much less likely, coupled with growing pressure for global QE to beat back the mounting forces of deflation mean that massive and widespread inflation is not far. While this is obviously not good news for the average housewife, what could be better for gold?

Gold Might Be Down, But Here’s Why You Shouldn’t Frown!

Gold prices are down & we must live with the general price decline over the past few years. Our global economy will sooner or later have to reset in an ongoing environment of unpayable debt. Bottom line is that precious metals will help the world transition in phase from a previous, failing/failed monetary and currency system into something new, something that works.

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