Good Reads
Top 50 mining companies take $264 billion hit
The macro picture all worked against gold which relies solely on price appreciation to create investor returns. The Federal Reserve raised rates for the first time since 2023 on September 16, a global bond selloff pushed yields to their highest since 2008 and the dollar firmed. As is its wont, silver fell harder, 9% for the month, while PGMs continued to delve deeper into negative territory. Read on »
Europe's Soaring Gas Bill Is Sending Utilities Back to Coal
Europe’s energy crisis isn’t over. Gas prices remain punishingly high across the continent as Europeans stare down the barrel of a long winter. In response to back-to-back-to-back energy crises stemming from Europe’s continued reliance on imported liquefied natural gas against the backdrop of ongoing global geopolitical volatility, Europe’s leaders are pushing to diversify the bloc’s energy mix. Read on »
AI and the safest cigarette ever sold
You probably trust the company that talks the most about safety. Trouble is, so did your parents. In March 1952, Lorillard Tobacco called a press conference at the Waldorf-Astoria to launch a new cigarette called Kent. Doctors just started linking smoking to lung cancer, and smokers were getting nervous. So, Lorillard gave them a filter. Read on »
Community News
Fuel Price Shock Pushes Gas Cars Under 50% Of Global New-Auto Sales For First Time Link>>
Silver demand in India didn't disappear. It was waiting for licences. Link>>
Wall Street on the brink of bearish majority after gold’s post-payrolls slide, Main Street abandons bullish bias as metals test support Link>>
The Koné Project Owned by Montage Gold Achieved First Gold Pour on Budget Link>>
Gold retains key reserve status despite surging bond yields, central bankers say Link>>