View: Source Gold is having a gangbusters year — and that’s typically a red flag about the state of affairs in the world. This week, gold blew past $4,000 an ounce, and some on Wall Street are betting the rally is just getting started. When investors pile in to gold, it’s not usually during good times, but when they feel like the …
Continue ReadingView: Source Nearly US$5tn in capital expenditure could be needed to address a looming shortfall in metals supply, consultancy giant McKinsey says, but low commodity prices continue to make projects uneconomic. McKinsey has long warned that demand for commodities such as copper, nickel and lithium is expected to exceed supply by 2035, with mining projects not expanding quickly enough to keep up with …
Continue ReadingView: Source The BRICS plan to replace the US dollar gained serious momentum when Russia hosted the 2025 Moscow Financial Forum and announced a dedicated precious metals exchange. This platform allows countries to settle payments in gold, platinum, diamonds, and also rare earth minerals, bypassing Western systems like the London Metal Exchange and SWIFT entirely. The BRICS plan to replace the …
Continue Reading