Rising labor costs may begin to occur at many mines. This is most acute in Australia and Brazil, according to the CEOs of Newmont and AngloGold Ashanti. In addition, South Africa’s Union of Mineworkers has asked for a 15% annual wage increase through 2023.
The bitcoin bubble has burst, not a lot of new money will be flowing into it now. The next bubble is not going back into bitcoin, it will look for someplace else.
A lot of precious metal traders are also trading in crypto currencies. “Insignia Consultants” gets more queries in India ON “how to trade and invest in crypto currencies” THAN commodities.