These are the famous words of Geologist Kenneth Deffeyes voiced in FEB 2006. Though the expert reiterated later saying that the words he said were a bit harsh, the quote anyway found its way to the top list of 2007 quotes. Books and cover stories highlight a mass psychology extreme. We call it a cover […]
December Cold; January Gold. If gold behaved even half as tricky, as winters are playing this December, precious markets will get a bit more interesting. It is seven weeks since we put our last update on gold with a potential target price turns on gold at $640 around November 24. The metal dipped 3 per […]
ZINC – 25% down in 35 calendar days should definitely pinch if not hurt even the most entrenched bull. Have you thought what another 25% might do? And why did we fall in the first place? The notorious Hedge fund, the global reason, the local reason, the Zinifex-Umicore merger to become the largest ZINC producer […]
Did you know that the price relationship between Gold and Silver is not fixed? It varies substantially. And it has predictive value too. As in different market environments, the value of Gold is perceived differently than Silver. Gold is perceived as an important crisis commodity. As fear replaces confidence, Gold increases in value relative to […]