As Gold Plunges, Chinese Investors Find New Haven in Steel Rods

Bloomberg Investors in China have found an unlikely new hiding place from the chaos engulfing financial markets. The price of steel reinforcement bar, the somewhat unglamorous but ubiquitous commodity used to strengthen concrete, has risen almost 5% over the past month in Shanghai. Over the same period, gold — the traditional haven amid turmoil — […]

Europe Thinks Like China in Building Its Own Battery Industry – Bloomberg

Article by Bloomberg – July 3rd 2019  Governments working with industry and banks to spur technology  At least $113 billion to be invested in battery supply chain The European Union is starting to act like China when it comes to building the batteries that will drive the next generation of cars and trucks. In the […]

Zak Mir: Small Cap Highlight ECR Minerals #ECR – Gold back in the spotlight as slowing global economic growth spikes renewed appetite

By Zak Mir, Financial Journalist Positive forecast for gold prices Australia Gold production ramp-up MicroCap Australian Gold explorer focus Positive forecast for gold prices Sharp declines in global stock markets over the past few weeks saw Gold hit a three month high as political uncertainty continues to grow across the world. In August prices for […]