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Company sponsored news, analysis & commentary, by Peter Epstein, MBA
In Greek mythology, Troilus was a Trojan prince, the son of King Priam & Queen Hecuba. Prophecies linked his fate to the city of Troy, where Troilus was murdered by Achilles around the year 1200 BC. Fast forward 3,217 years –> … Continued
UBS recently raised its price target on #gold (“Au“) to US$2,800/oz., one of the more bullish announcements of the past month. Both Citi & Bank of America said it could reach $3,000/oz. next year. High-grade, top-quality Au projects achieving production … Continued
The gold price has had quite a run to an all-time (nominal) high of ~$2,266/oz., now at $2,258/oz., yet still well below the inflation-adjusted high in Jan-1980 of ~$3,390/oz. Gold (“Au“) averaged roughly ~$2,452/oz. in today’s dollars for the entire … Continued
Are we at the beginning of a multi-year M&A binge in the precious metals sector? The gold price at US$1,935/oz. is within 7% of its all-time nominal high. In a giant US$18 billion deal, Newmont is acquiring Newcrest, in part … Continued