Jay Taylor doesn't beat around the bush—he believes the price of gold is being suppressed to support the U.S. dollar and underwrite American foreign policy.
Moves seeks to establish Singapore as centre for precious metals after the government removed 7% goods and services tax on investment-grade gold, silver and platinum in October 2012.
With 24 million cubic metres of water and tailings flushed downstream of the Mount Polley gold and copper mine, the company’s biggest challenge now is to keep the remaining tailings and water contained.
The slump in the gold price that has occurred in recent months shows no signs of letting up, and the latest import data from China will not give any joy to gold bugs.