Pierce Points

The H-Word is Back in Gold

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Hedging. The term had become somewhat of a dirty word in the gold business. With producers having spent the last decade attempting to reduce their hedge positions. In order to gain exposure to a rising gold price. But it appears the tables have now turned. Gold prices have moved down rather than up. And so a … Continue reading “The H-Word is Back in Gold”

The Zinc Index Turns Bullish

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Zinc seems to be getting a mention everywhere these days. I talked last week about how analysts Wood Mackenzie have said zinc will be the star of the base metals complex over the next few years….

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