We’ll never know if political considerations drove the decision, but there are $40 trillion good reasons to hold rates steady despite elevated price inflation.
With gold and silver continuing to sell off as the Iran war continues on, and the oil price stays elevated, precious metals investors are wondering when we will ever see the rally resume.
Many of these companies have already made massive cash commitments for buildouts that require full cash-outs, even if they never complete construction or produce any significant services.
African Business Insider reports that the new refinery is expected to “capture more value from its gold production, formalize small-scale mining, and diversify its mineral exports.”
