Precious Metals
Bonus Quotation of the Day…
Bonus Quotation of the Day…

… is from page 38 of my colleague Bryan Caplan’s brilliant 2007 book, The Myth of the Rational Voter (original emphases; footnote deleted):
The root error behind 18th-century mercantilism was unreasonable distrust of foreigners [rather than the false identification of money with wealth]. Otherwise, why would people focus on money draining out of “the nation,” but not “the region,” “the city,” “the village,” or “the family”? Anyone who consistently equated money with wealth would fear all outflows of precious metals. In practice, human beings then and now commit the balance-of-trade fallacy only when other countries enter the picture. No one loses sleep about the trade balance between California and Nevada, or me and Tower Records. The fallacy is not treating all purchases as a cost, but treating foreign purchases as a cost.

Let’s Talk Diversity event series a success
Amid the current skills shortages facing mining organisations, there has never been a better time to consider how the industry can attract more talent….
Eye on Lithium: Battery production is set to pass 1TWh. We need 300TWh all up to be ‘fully sustainable’, Elon Musk says
Global battery production is on track to pass 1TWh in 2023 Zenith Minerals identifies a new lithium geochemical target at … Read More
The post Eye on…
Let’s Talk Diversity events a success
Amid the current skills shortages facing mining organisations, there has never been a better time to consider how the industry can attract more talent….
-
Base Metals24 hours ago
Aluminum Prices Pause Following Surge
-
Energy & Critical Metals17 hours ago
Newmont’s $24B Grab for Newcrest Highlights the Majors’ Increased Interest in Copper
-
Financing News16 hours ago
enCore Energy Closes C$34.5m Public Offering
-
News Releases18 hours ago
Wellfield Closes Acquisition of Tradewind Markets and Private Placement – Creates Transformational Platform for Precious Metals Investors and Producers
-
Base Metals19 hours ago
Fortescue signs mining convention for Gabon iron ore project
-
Uncategorized14 hours ago
Ultra Lithium drills 2.68% Li2O over one metre at Forgan Lake, Ontario
-
Precious Metals11 hours ago
China Continues With Its Gold Buying Spree
-
Companies19 hours ago
Asante Announces Significant Gold Intercepts From Its Ongoing Exploration Program at Aboduabo Prospect