Governments are hoarding commodities beyond gold — and it’s fueling price swings, Goldman Sachs says

Gold’s rally highlights a broader shift toward “insurance”-type commodity demand, Goldman says. Private investors are joining governments in turning to hard assets for diversification. Policy responses to supply shocks are fragmenting markets and raising price volatility. Gold’s historic rally isn’t just about precious metals. It’s part of a broader shift in how governments and investors are treating commodities, according to Goldman …

Continue Reading

Trump’s Lust for Greenland’s Rare Earth Minerals Faces Harsh Arctic Realities

Experts cite the difficulties of mining in an inhospitable, fast-changing polar environment. President Donald Trump has been voicing interest in exploiting Greenland’s mineral wealth since his first term in office, when he started talking about possibly seizing the autonomous territory. His threats of a hostile takeover have eased, but amid the focus on national security issues, access to critical minerals is …

Continue Reading