Russian gold reserves are rising steadily, as the Bank of Russia has bought gold every month since March 2015. The country is now ranked as the fifth-biggest sovereign holder of gold, even overtaking China: In January, Russia sat at 1,857 tons, with China reporting...
Rick Rule, President and CEO of Sprott U.S. Holdings Inc and well-known natural resource securities investor, sat down with Tekoa Da Silva to talk about some investing rules and and his two favorite investing books, “The Intelligent Investor” and “Securities...
What an eye-grabbing title for an article that Dusgyant Choudhary recently wrote. The article is written with a date of April 1, 2021, and it shows Brent Crude hitting $150.00 per barrel. With oil having a hard time hitting $60 present day, it’s not hard to imagine...
Could the world really start trading oil in yuan? It could be a possibility if China can coerce Saudi Arabia to be the first. Chief economist and managing director at High Frequency Economics, Carl Weinberg, believes that: “Beijing stands to become the most dominant...
Paris-based International Energy Agency (IEA) released its monthly oil market report on Thursday. The report stated global supply and demand for crude oil will be balanced three out of the four quarters in 2018, assuming OPEC production and normal weather conditions...
The IEA recently released their World Energy Investment, giving a good overview of the trends that occurred in 2016. Here are a few of the stats that caught our eye: Energy investment worldwide accounted for 2.2% of global GDP with an investment of just over $1.7...