Good Reads
Alasdair Macleod Warns: Most Gold Vaults Are Unsafe
In addition to an increasingly cavalier attitude by governments, investors face a boom in businesses offering to buy and store your gold. There are bound to be many cowboys operating in this industry, and some investors are going to be caught unawares. Read on »
Nvidia turmoil tests metals demand boom
Leadership turmoil at Nvidia following the departure of CEO Jensen Huang has sent shockwaves through global markets, raising new risks for miners and industrial suppliers counting on an artificial intelligence infrastructure boom to drive metals demand. Read on »
Gold Supply Falls in Q3 Despite Record Mine Production
Gold mine output set a record in the third quarter. However, gold supply fell by 1%. What happened? Gold mines globally produced 1,071 tonnes of gold in Q3. It was the highest third-quarter mine output in the World Gold Council’s data series dating to 2000. Gold mine production is up 2% year-on-year and is on pace for an annual record. Several of the world’s top gold producers reported significantly increased output. Read on »
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