to the website of
analyzing and commenting on gold, the purest store of value and only real liquid asset, some other metals and on international mining and exploration companies. Through its publications and continuous awareness programs, The Centre has built a reputation as a quality and reliable information provider followed by a large investment-minded and resource-oriented audience in now over 140 countries. The main objective of the information programs is to build a bridge between institutional and private investors and their advisors on on one side and international mining and exploration companies on the other side. In following the resource industry and related metals- and stockmarkets,The Centre has four specific points of focus:
gold as the purest store of value and real liquid asset
silver, platinum, palladium and gemstones
resource companies with producing or advanced gold, silver pgm’s, gemstones projects
via satellite websites
IPMI 2015 – IPMI 39th Conference
San Antonio, USA – June 13-16
The International Precious Metals Institute (IPMI) is the largest association focused on precious metals. IPMI is an international association of producers, refiners, fabricators, scientists, users, financial institutions, merchants, private and public sector groups, and the general precious metals community formed to provide a forum for the exchange of information and technology. IPMI seeks and promotes the efficient and environmentally sound use, reuse, and recycling of precious metals. The IPMI conference is held each June where members may attend presentations given by industry leaders on topics ranging from Emerging Technologies, Financial Management, Environmental Management, Recovery, Refining, Catalysis to Sampling and Analysis.
on the world and the markets of precious metals and minerals and international mining and exploration companies
Midas mine and mill
The last few weeks, it seems that the gold price is only determined by the interest rates, or more in particular the Fed policy on them. The long pending expectation that interest rates in the USA are in for a considerable rise had kind of paralyzed the gold price, awaiting the Fed meeting of this week. The commentators had a ball with their assumptions and speculations, clearly expressing their insecurity and fear to be wrong. It looked like the interest rates are the only leading factor for the gold price. I thought that the world really has many other issues on hand that could have a significant impact on the gold price. They are all so obvious that I think it makes no sense to mention them all to you again.
I always have had difficulty in automatically accepting the supposed correlations between gold and some other criteria such as U.S. dollar, oil prices, other metals, economic figures and what have you. All those indicators may have merit but in my view, gold has earned the reputation of being a stand-alone asset throughout the ages because of its unique characteristics and qualities. It deserves to be its own boss and to be regarded as a truly very rare symbol of value, without automatic influences of and relations to other factors.
In this respect, I have been regularly making comparisons with the prices of both classic and contemporary art objects achieved at international auctions over the last few months. Prices turned out to be having no limits whatsoever as did the availability of money. It reflected that ‘uniqueness’ and ‘scarcity’ represent value, big value indeed. On the other hand, as a fervent lover of (contemporary) art, I look at those prices as having gone through the roof and beyond any sense. Taking the ‘uniqueness’ and ‘scarcity’ of gold into consideration, today’s price of gold looks as a joke to me, proving that the value of gold is still not recognized as it should be. The other side of the coin is that at these current prices, gold is still readily available for large circles of people with money to accumulate value. In light of all the issues that our world is facing, I am confident that within the next few years, that availability of gold as a store of value and real liquid asset will become a lot less than today.
Closely following the gold markets every day, it also amazes me, as I signalled before, how the daily comments on the gold price seem to know the exact reasons why the gold price was up or down. Of course, in this era of limitless communication our perception of “time” has changed considerably. ‘Short term’ used to be 2 year and ‘long term’ 5 years or more. Now, these definitions of time and term have come down enormously. Short term seems to be tomorrow and next week, a couple of months already are rather long term. This has greatly increased our hunger for information, our greed for explanation. So we want to know how and why everything happens, preferably right at the very moment. The media have understood that well and are giving us opinions, views, assumptions and interpretations of news that can change every day, every hour, almost every minute. The world has gone on a very fast track and is still accelerating.
In periods like this, I am often missing healthy, intelligent and interesting long-term views on gold with a sensible analysis and conclusion. With gold below or above $1200 (yes, yesterday it finally was a positive day for gold again!), I cannot take the predictions ranging from $600 up to $25,000 per ounce gold very serious. In most of those cases, it is wishful thinking that drives the mind to make those statements which predominantly do confuse the serious investors. However, considering the explosive nature that news can have these days, it is very difficult if not impossible to evaluate the impact of some of the serious political, economic, human problems that are currently pending.The case of Greece Going Grexit Or Greinit is one of the next stops. Depending on the outcome, it could trigger a series of political and monetary changes that are yet impossible to measure.
As a little contribution to good thinking this time, the interviews that Kitco’s Daniela Cambone has made with some of the speakers with different backgrounds and views at the International Precious Metals Institute (IPMI) 2015 Conference, held this week in San Antonio, Texas, USA, may shed some light. Very worthwhile to listen to and reason for me to put the links to the interviews in the HOME section above with my thanks to KITCO, the leading site in our business, and Daniela Cambone who really has developed into an excellent interviewer, able to lead her guests to make sensible statements in a few minutes. I strongly suggest you spend some time to digest these conversations and enjoy them as food for thoughts.
For those of you who do feel that the price of gold is primarily related to interest rates, I thought it was a good idea to close my Editorial with the link to the article that has been featured on the HOME page in during the last two weeks, contributed by Boris Gerjovic from Maribor, Slovenia and his publisher Stephen Bogner of Rockstone Research, and my Introduction to it:
It doesn’t happen every day that I receive an article that originates from Slovenia and surely not an article that addresses the subject of gold. Stephen Bogner of Rockstone Research sent me one and it is a very worthwhile one, written by Boris Gerjovĭc from Maribor, Slovenia. The study sheds light on one of the most often asked questions related to gold. Although the report originally dates from November 2014, it is of actual importance, now that Federal Reserve Chairwoman Janet Yellen announced just a few days ago that the central bank is likely to be on track to raise interest rates this year. It is widely assumed that raising interest rates is negative to the price of gold so it is highly interesting to read what Mr. Gerjovĭc says about. As I believe his findings could be of great benefit to my audience, I am very pleased to present them, of course with thanks to the writer and his publisher.
150525: “GOLD STRUGGLES ON WITH MEDIOCRE PERFORMANCE”
150504: “CASE FOR GOLD IS WARMING UP INTERNATIONALLY”
150423: “MINING AND EXPLORATION COMPANIES IN GOOD SPIRIT”
150412: “70 QUALITY PRECIOUS METAL COMPANIES IN ZURICH
150401: “APRIL FOOLS’ DAY BRINGS NOTHING NEW TO GOLD INVESTORS
150323: “GOOD-OLD” U.S.$ NO LONGER WORLD’S LEADING CURRENCY
150316: GOLD PRICE BACK AT DECISIVE LEVEL AGAIN: SIT TIGHT
150308: GOLD PRICE HAMMERED BY REACTIONS TO U.S. JOB FIGURES
150302: I CAN IMAGINE GOLD IS STILL CONFUSING INVESTORS
150216: GOLD ALWAYS GETS ATTENTION BUT WATCH SILVER TOO
150208: WHY IS IT THAT THE GOLD PRICE GOES DOWN EVERY TIME
150126: EUROPEAN MEASURES TO STIMULATE ECONOMY COPYING THE U.S.
150118: A NEW GOLD CYCLE? IT COULD VERY WELL BE!
150101: A NEW YEAR, A NEW WEBSITE, A NEW GOLDVIEW: A NEW GOLD CYCLE?
I N P R O D U C T I O N
the primary focus is on resource companies that are in production with their gold, silver, pgm’s or gemstone projects, giving them a sustainable cash flow; management has been responsible for the past years of successful operations and are well qualified to take the companies to the next phase of growth
A D V A N C I N G T O P R O D U C T I O N
the primary focus includes resource companies that are in the stage of development or advanced explorations with their gold, silver, pgm’s or gemstone projects that could come to production in the forthcoming few years; management is well qualified to successfully realizing that transformation
ACTUAL SHARE PRICES
these companies are supporting The Centre by committing to have their company and project developments covered on The Centre’s websites, in the social media and wherever else possible
the most vital ingredient in taking any kind of decision when it comes to investing in the resource markets
this site aims to function as a true information provider, hereby combining several sources to find and obtain worthwhile and helpful information from both internal and external sources