Since gold ETFs and Apple stock have been the financial stories of the decade, perhaps there was a need for a device that combines something from each.
The raft of bad US economic numbers this week that culminated in the terrible employment report this morning, combined with the stream of bad news emanating from Europe, saw the gold price jump more than $50 an ounce on Friday.
Canada-based Nautilus Minerals Inc. said its Solwara 1 underwater copper project could be delayed or even cancelled due to a dispute with Papua New Guinea over the mine ownership agreement.
Are gold supporters part of a special group? More than a market philosophy, do they represent a doctrine and a belief-system? These and many other interesting questions are answered by Financial Times writer, Izabella Kaminsk, in her most recent post.
Chile, the top copper producer in the world, will not be able to keep mining for the red metal, gold and other minerals if the country doesn’t find a solution to the pressing energy needs, experts believe.
