Wealth shock delays gold bull market as Goldman revises targets
Mining News Pro - Gold has been hit by a large “wealth shock” on the back of a weaker yuan following the economic impact of the lockdowns in China, the world’s largest consumer, according to Goldman Sachs Group Inc., which revised its price targets. Still, the worst may be over, it added.
-
-
Visit: 1060
Copper bull market now fully under way
Mining News Pro - The bull market for copper is now fully underway with prices reaching their highest level since 2017, Goldman Sachs International commodities research analysts reported on December 1.
-
-
Visit: 564
Bull market for base metals likely to remain intact – Rosenberg
Mining News Pro - The Northern Miner’s Global Mining Symposium virtual conference this week – the second one this year – was another resounding success, with thousands of viewers tuning in from around the world to hear the views of some of the industry’s leading visionaries and entrepreneurs.
-
-
Visit: 544
Ronald-Peter Stöeferle: We are still at the beginning of a big bull market for gold
Mining News Pro - Ronald looks back at gold’s performance during 2019 and discusses how it operates as a seventh sense in the market.
-
-
Visit: 534