Philip Klapwijk
Philip Klapwijk
Philip Klapwijk is an economist in precious metals commodities markets...
ability above bit gains given january later might people possibly prices ruling sounds sustain
Some people might think that sounds a bit pessimistic given that much of January has been in the $530s and $540s. But, I think many would see the market's ability to sustain prices comfortably above $500/oz as something of an achievement. And we're not ruling out further, possibly hefty, gains later in the year.
ability above bit gains later might people possibly prices ruling sounds sustain
Some people might think that sounds a bit pessimistic. But I think many would see the market's ability to sustain prices comfortably above $500 as something of an achievement. And we're not ruling out further, possibly hefty, gains later in the year.
forecast growth marks mine mining months phase rise six start supply year
The forecast year-on-year rise in mine supply during the first six months of this year is noteworthy because it marks the start of a significant phase of growth for the mining industry.
cease coming driven flow money rally weight
This is not a rally being driven by fundamentals. In essence, it's being driven by the weight of money that's coming into the market. I think that flow will not cease or reverse. It'll probably increase.