By David Smith, Originally Published on Money Metals Exchange Over time, charts for a bull market tend to print higher highs and higher lows on the way to the primary top. Two steps forward, one step back, creating a visual stair-step effect. This chart “picture” has been in evidence for gold, silver, and the […]
Is It A Good Investment To Buy Gold?
The following are some of the pros and cons of purchasing gold coins for investment purposes: Pros to purchasing gold coins Gold as well as other hard metals have been a part of traditional investment plans for quite some time. Here are some of the main reasons why: Gold has a tendency to increase when […]
Chris Martenson: Underpriced Silver Is the “Rip Van Winkle” Metal
Listen to the Podcast Audio: Click Here Mike Gleason: It is my privilege now to be joined by Dr. Chris Martenson of PeakProsperity.com and author of the book, Prosper: How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global […]
Future of Global Mining Hinges on Asia
The continuing slowdown in China is affecting the global economy’s growth, and it is the mining segment that suffers most. A lot of mining companies across the globe is suffering because demand for most extracted commodities such as base metals is continuously decreasing, and such is altering the global mining commerce radically. China and Japan, […]
Skorpion Zinc in record 150400 tonnes output
Southern Times Africa reported that Namibia‘s Skorpion Zinc mine produced a record 150,400 tonnes of special high grade zinc as rising prices from 2008 slump boost output. Skorpion zinc mine is amongst a package of Anglo American zinc assets bought by Vedanta resources. The mine, which has a nameplate capacity of 150,000 tonnes annually produced […]
Vedanta sets sights on Anglo’s zinc business
Vedanta Resources promoter Anil Agarwal was just a scrap trader in Mumbai at the age of 20. Nearly four decades later, he is taking on Anglo-Swiss mining giant Xstrata and China Metallurgical to buy Anglo American’s zinc business. The London-based metals producer has set his sights on the nearly $1-billion assets to establish his lead […]