metals

Barrick Gold’s Big Copper Buy Speaks to the Future

“Watch where the big companies make their direct investments and that is where the markets will follow.” That golden rule is what the head of investments at JP Morgan, Carl Van Horn, taught me some three decades ago. So I take Barrick Gold’s (ABX) purchase of Canada’s Equinox Minerals for $7.6 billion, one of the world’s largest copper producers, a complete reaffirmation of my long term focus on hard assets of all descriptions.

Massive Demand for Electric Bikes in China Impacting Lead and Lithium Prices

There was a time (and I can remember it) when the streets of Shanghai at rush hour were a manic surge of bicycles either waiting at lights or streaming across junctions. Those have now gone, to be replaced by the roar of autos and the hum of electric bikes. Currently there are approximately 140 million e-bikes and scooters in use in China. Last year, China manufactured about 25 million EV 2-wheelers, of which some 600,000 were exported according to

Rare Earths Are About to Become a Lot More Rare

Interest in Rare Earths is starting to heat up once again, and it something you should keep on your radar. China’s Baotou Steel has announced its intention to start up the world’s first rare earths exchange. The move is expected to increase the liquidity and visibility of these valuable elements while reducing their trading costs.

Commodity Trading – A Basic Guide

Commodity trading has a rich and colorful history going all the way back to the mid 1800s. Our “Industrial Revolution” brought new technologies and abilities to produce more efficient tools and consequently more food. As our economic output began to out-pace population growth, we developed a need for more efficient agricultural storage, transportation and distribution of goods.

Why Copper Is Such An Important Economic Indicator!

For decades, copper has served as an effective barometer of the economic health of a region. This amazing consistency of ability to gauge a realistic prognosis of an area’s economic vitality is precisely why financial experts have traditionally referred to copper as “Dr. Copper!”
Copper is a relatively inexpensive and extremely plentiful metal with numerous useful properties. It effectively resists corrosion and is a very effective conductor of both electricity and heat.

Platinum - Gold’s big brother Uncovered!

Whilst Gold is busy grabbing the headlines, it’s bigger, rarer, more versatile and useful brother is quietly doing its job of providing Industry and manufacturing with the base elements they need to help run our world. Most people just know platinum for its expense or it’s appearance in jewellers windows, but this incredible metal is much more than that!
So what exactly is platinum?
Platinum is a precious metal, which basically means it’s rare, expensive and composed of metallic elements that are scarce.

Silver - Gold's Poorer Cousin Uncovered

For centuries silver has always played "second fiddle" to its "prettier, more popular cousin," gold. While gold has continued to be the precious metal that everybody wants, loves and adores, wise investors are now beginning to take a good look at the value of silver in a diversified portfolio.
Here’s why: As the entire world continues to rapidly advance into the realms of modern day, state of the art technology, medical research and infrastructure building, silver is duly noted as a far more useful metal that touches all our lives on a moment to moment basis.

The Two Kinds of Junior Natural Resource Companies

There are two kinds of junior natural resource companies. When you analyze, it's critical to realize which one you're dealing with.
The first type are explorers. These are companies hoping to find something. Oil, gold, geothermal energy. They have not yet made a discovery, but they possess expertise that gives them a chance of doing so.
The second type are developers. Companies that have found something. And are now working on figuring out how big, how challenging and how costly that something will be to get out of the ground.

Thoughts from Asia's Gold Exchange

The Tokyo Commodities Exchange is a pretty unassuming place.
The Exchange is housed in a non-descript eight-story office building. In the relatively non-descript Tokyo borough of Kodenmacho, far from the hustle of the business districts.
In times past, the area was the center for Tokyo's cotton trade. The exchange sprung up in service of this industry. Today, the firm no longer trades cotton but instead specializes in oil, rubber and especially precious metals.
Passing by on the street, you'd never guess this is the second-largest gold exchange in the world.