Gold price: Still 1 in 5 chance of Fed surprise
Gold price nears 6-year lows as hedge funds place massive bearish bets on gold, but no rate hike should spark "aggressive short covering" and a price spike.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Some think not too soon for Anglo obituary
Anglo-American perceived as "the most likely of the diversified mining majors to go bust" even if it "goes down fighting".
Goldcorp caught in middle of Mexican gang war
Rival gangs are preying on a small community at Goldcorp's Los Filos gold mine in Mexico's Guerrero state leaving at least 26 people dead since mid-2014.
Investors going crazy for world no 1 commodity company
For all the wrong reasons.
Gold price: Physical-backed ETFs become one-way bet
SPDR Gold Shares (GLD), world's largest gold-backed ETF, has seen no inflows for 36 days straight as investors pull out 62 tonnes in seven weeks.
Turquoise Hill jumps on 2016 guidance
Vancouver-based company said it is waiting for "final notice to proceed" for $5 billion expansion of giant copper-gold mine in Mongolia mine.
In January this guy launches a hedge fund to invest in metals
Orion's Oskar Lewnowski: "For a long time, metals were driven by financial flows... With those guys out, we are back to fundamentals."
Chinese commodity demand: Crisis. What crisis?
In volume terms Chinese imports of commodities led by iron ore and copper surged 17% in November, the best month in nearly two years.
Iron ore price reaches Sam Walsh ‘fantasy land’
Back in February RIo Tinto's CEO said an iron ore price in the $30s could never happen.
Hedge funds are doubling down on weaker gold price
Gold rally evaporates as large-scale speculators in gold futures extend record-breaking bearish bets, dumping 425 tonnes over five weeks.
CHART: Friday massacre for mining stocks but copper price pulls out of nosedive
Historic down day for gold and silver prices caused double digit losses for precious metals stocks but copper miners came off relatively lightly.
