Top forecaster: Gold investors ‘putting aside fundamentals’
A focus on "risk perceptions" and "emotions" over fundamentals helps explain Tuesday's fall in the gold price to near 1-month low.
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:
Iron ore permabear Xie now expects price in $30s
Prices "need to decline to a level that's so painful higher-cost Chinese mines will be forced to give up".
Gold mining stocks massacred
Investors bail out of mining stocks after Friday's big move down in the gold price shakes confidence in the metal's ability to sustain year to date gains.
‘Inexorable decline’: Iron ore price hits new low
Shanghai trader: "This Chinese New Year procurement period is very different from past years."
Mongolia text poll impact: Dust off your exploration plans
Mongolia may give up government shareholding in mining projects altogether.
CHARTS: Gold price – inflation you win, deflation they lose
Gold's longest bull run took place against a backdrop of generally low – and at times negative – inflation.
Russia stashes 55 tonnes of gold in Switzerland
Customs data shows the world's second largest gold miner Russia exported 58 tonnes to be refined in Switzerland last year, but got less than 3 tonnes back.
Mongolian verdict sends chill through mining community
Banned from travel since 2012, three SouthGobi workers, a coal firm owned Vancouver's Turquoise Hill, are now going to jail for 5-6 years for tax evasion.
BofA: Brace for gold ‘singularity’ if Fed doesn’t tighten
Bank of America/Merrill Lynch report says gold has decoupled from 100-year link with oil and is now being driven by interest rates and currencies.
Roubini gives a talking to gold bugs, other ‘pseuds and hacks’
Dr Doom explains why the predictions of "Austrian economists, radical monetarists, gold bugs, and Bitcoin fanatics" have been so "spectacularly wrong".
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.
