In the previous instalments of this blog series, we highlighted the defensive behaviour of quality and high dividend equities, long duration government bonds and safe haven…
Structural Shift in Positioning The gold market was impressive in December for what didn’t happen over the holidays. Net speculative positioning on Comex (New York Commodities…
Gold is a unique asset class. Indeed, many investors even question whether it is an asset class. Is it a commodity, or a currency? What’s also interesting about gold is that…
Over the past few weeks, we have received questions about whether gold or gold stocks are the best way to access the current bull market so we thought it would be helpful to…
Gold prices are trading at a 6-year high (as at 7 August 2019) as the US-China trade tensions intensify. The troika formed by the interplay amongst Trump, China and the US Federal…
Gold prices are currently trading at very important technical levels. The fact that gold surpassed and stayed above US$1400/oz is an important milestone, after breaching…
Summary Our base-case fair-value for gold is broadly flat over the coming year, as support from rising inflation will counter the downward pressure from rising interest rates.…
Gold has climbed to $1,370 per troy ounce this morning, its highest level since March 2014. As such it has also exceeded the high it achieved on the day when the result of the…
The prices of gold and most other metals have fallen sharply over the past two years, to levels at which many mining companies are financially stressed. Many of these companies do…
Faced with large current account deficits and heavy demand for foreign currency to pay for petroleum and other imports over the past several years, the Indian government has taken…