Miningweb weekly: The case against the gold price (and why Orion surge is justified)

Loading player...
In the year’s first episode of our weekly engagement, Peter Major explains how, unlike oil or copper, which are driven by physical industrial use, the current gold price is being driven almost entirely by investors hoarding it. He refers to long-term gold price graphs to explain why those buying gold today are taking a huge risk of making substantial losses. There’s also a cameo on why the surge in Orion shares (which is in the BizNews Ricardo portfolio) is justified.
7 Jan 10AM English South Africa Investing · Business News

Other recent episodes

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…
16 Jul 8AM 34 min

Tony Leon lobbying scandal and the DA civil war with Solly Moeng

In his latest chat with Chris Steyn, political commentator Solly Moeng dissects the widening scandal around Tony Leon's lobbying amid former Democratic Alliance (DA) leader John Steenhuisen’s mission of vengeance and the damaging fall-out for the party. “...what is very clear is that the DA is no longer just walking…
15 Jul 11AM 17 min