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Copper’s supply crunch will drive prices to $13,000 or even $20K – Bank of America

May 5, 2021 10:06 pm

(Kitco News) – Copper‘s unprecedented run to a 10-year high of $10,000 per tonne on the London Metals Exchange (LME) could just be the start of a much larger uptrend, according analysts at Bank of America. In a report Monday, the bank’s …

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India is facing its own version of a credit crunch

April 4, 2019 11:28 am

by Shaun Richards Travel broadens the mind so they say so let us tale a trip to the sub-continent and to India in particular. There the Reserve Bank of India has announced this. On the basis of an assessment of …

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The history of the credit crunch continues to be rewritten

September 13, 2018 8:32 pm

by Shaun Richards Today is a day for central bankers as both the Bank of England and European Central Bank declare the results of their latest policy decisions. However it will be a Super Thursday only in name as  the …

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‘Mini-Credit Crunch’ And China Slowdown To Hit Australia’s Budget

July 23, 2018 9:51 am

State and federal government revenue from commodities and stamp duty is surging, Deloitte says, but trouble is looming via Paul Karp Australian governments are experiencing a surge in revenue that will be undermined by a slowdown in China and a “mini-credit …

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Imminent EU Financial Crunch Could Signal Big Gold Price Jump

July 1, 2018 11:00 am

From Birch Gold Group When you’re on a ship that you know is going to take a hit from the equivalent of an “air-to-sea” missile, you don’t wait to try and protect yourself. The EU may be that ship, and could it take …

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Carillion highlights the many problems of credit crunch era pension financing

January 29, 2018 9:45 am

by Shaun Richards This morning’s news brings us back to a problem which has dogged the credit crunch era. The advent of first official interest-rate cuts and then central bank balance sheet expansion was designed to pull economic demand from …

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Palladium Prices Surge To New All Time Record High Over $1,100/oz On Supply Crunch Concerns

January 4, 2018 8:50 am

by GoldCore – Palladium prices surge to new record high over $1,100/oz today – Palladium surges past record nominal price seen in 2001 after 55% surge in 2017 – Best-performing precious metal and commodity of 2017 is palladium – Palladium …

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