Posted in blogs, communication, Copper, Gold, Investing & Finance, mining, Uncategorized, tagged Copper, egypt, Gold, Huffington Post, mining.com, price, silver on February 12, 2011 | 1 Comment »
The Huffington Post was sold this week for millions. For years I have dipped into it occasionally for a balance on the news. I even fought the folk here at InfoMine telling them the format is attractive and easy to use. At last this advice is getting implemented–but only partially. (more…)
Posted in About the news, Gold, Investing & Finance, tagged Economist, Gold, Mineweb, price on July 21, 2010 | Leave a Comment »
Silly articles about the price of gold litter the mining news media. Mineweb has degenerated into a kind of three-ring circus that each day delivers up at least three more superficial stories on the price of gold. One article says the price will go up; one says it will stay constant; and one says it will go down. At least nobody can accuse them of a prejudiced point of view. (more…)
Posted in Gold, Investing & Finance, tagged doomsday, Gold, gun, miner, price on February 21, 2009 | Leave a Comment »
The vacuous press is replete with stories about gold going above $2,000. The press revels in the idea. But I am horrified by the idea. For if gold goes so high, we can be sure the economy is inversely worse.
Investors in gold may rejoice. Miners of gold will have jobs. But the rest of us will be destitute if gold goes so high. For the more the bubble burst, that much higher the price of gold, or so it seems.
Posted in Gold, Investing & Finance, tagged Gold, invest, prediction, price on January 5, 2009 | Leave a Comment »
2008 saw spectacular rises and falls in the price of mining investments. You could have made or lost a fortune selling or buying at the wrong time ion 2008. What lessons does this leave with us as we study the rules of investing in mining?
The rule of never trusting the experts is as good a rule as any to cull from the bubble bursting of 2008. Or maybe the rule is that there will always be bubbles in free markets, and thus as an investor you need to continuously be on the look out for over optimism and unrealistic pessimism.
As classic example of good and bad predicting is reported by Mineweb who run a competition each year to predict the high, low, average, and closing price of gold.
Posted in About the news, Gold, tagged China, economy, Gold, price on November 12, 2008 | 3 Comments »
We grow tired of the optimistic seers who are always ready to predict an increase in the price of gold. Their faith seems rooted in dogma and not in science or economics. At this link is a terrifying article that predicts a massive drop in the price of gold. All I can do is recommend it to you. And urge you to read it if gold is in your future. The basic premise of the article is that China’s economy is going the way that Japan went when its banks bust and the the way the USA has gone in recent months, and that China will sell its gold to keep the restive populace silent. So much for a managed economy keeping people happy and the rest of us solvent.
MINING.com | hardrockminer on Mining for Development 2013 fr… |
 | FredW on Mining for Development 2013 fr… |
| hardrockminer on Open Pits & Craters Change… |
| hardrockminer on Consultant to Client Communica… |
| Consultant to Client… on Mining Project Management… |
