El Salvador president proposes bill to overturn metals mining ban
In 2017, El Salvador became the first country in the world to ban forms of metals mining.
TD Securities Head of Commodity Strategy, Bart Melek Monday predicted “gold will trade materially above the $1,500/oz mark sometime in the second half of 2011.”
“Despite recent strength and record prices, TDS analysis points to more upside for gold into 2011,” Melek advised.