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Joe Weisenthal: How Donald Trump changed my mind about gold
By Joe Weisenthal
Bloomberg News
Thursday, July 28, 2016
If you poke around on the internet, you'll find a lot of people who have criticized me for being a "gold hater." Here are two different pieces that took me just a few seconds to find:
http://www.bullionbaron.com/2015/08/the-religion-of-gold-hating.html
There are plenty of tweets out there saying the same thing.
These people have been basically right. Over the years I've said a lot of bad stuff about gold -- how it's a lousy currency, how it's just a rock that shouldn't have any value, how love of it is primitive and irrational, how it has no justifiable basis in the economy.
But I'm changing my mind, and it's all due to Donald Trump.
The other day Timothy O'Brien published a brilliant photo gallery here on Bloomberg View showing Trump's love of all things gold. Trump's stage at the convention was gold-colored. Trump events often feature pretend miniature gold bars. The logo on Trump Tower is gold-hued. And Trump has lots of gold-plated furniture. ...
... For the remainder of the commentary:
http://www.bloomberg.com/view/articles/2016-07-28/how-donald-trump-chang...
The Gold Mine Barrick Might Regret Having Sold
K92 Mining is poised for production at its Papua New Guinea gold project and has just listed on the Toronto Venture exchange under the symbol KNT.V.
The gold mining startup came together during one of the toughest periods in mining history.
K92's main asset is the Kainantu project, a large high-grade gold resource with extensive infrastructure including underground mine development, a mill processing facility, a fully permitted tailings pond, and paved roads. The infrastructure means K92 can aim to restart mining in the near term with minimal capital costs and seek to grow through cash-flow funded exploration on the roughly 405-square kilometer property, considered prospective for additional discoveries.
For more information, please visit:
https://ceo.ca/@tommy/the-gold-mine-barrick-might-regret-selling
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