Monday, October 13, 2014

Did you see that opportunity when the markets corrected last week?

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Gold News Digest
Tuesday 14 October 2014
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The dollar is significantly overbought relative to crude oil. The dollar is up almost two standard deviations, crude oil down almost one standard deviation.

Sponsor Digest Post

Cat Auction Services is hosting a live auction for the complete dispersal of Chevron's Questa mine. The auction will take place on Wednesday, October 22, 2014 and Thursday, October 23, 2014 at 9:00 am MDT. While most of the items up for auction are mining, there will also be heavy equipment, motor vehicles, agriculture and parts, attachments and shop tools. This is an unreserved auction, so there are no minimum bids or reserve prices. If you can't make it onsite to bid, no worries, we have online bidding.
For the full auction equipment inventory visit, www.catauctions.com.

"We have all had the experience of seeing goods on sale and procrastinating, and later on seeing them priced much higher. You think to yourself 'I really wish I'd participated.' Those are the kinds of times that get referred to as 'the good old days.'"

The damage inflicted across global markets is quite significant.

Is there any hope on the horizon for the gold funds?

Sponsor Digest Post

The upcoming Mine Project Economics webcast is for anyone involved in carrying out mine valuations or who wishes to understand mine valuations done by others.
Dr. Dunbar will provide instruction in the fundamental aspects of the valuation of mining projects with particular emphasis on the models used for valuation, uncertainties in the input to these models, and the role of the models in decision-making.
For more info or to register, see the course page.

Wesizwe Platinum said it had an empowerment plan if required by government to lift its BEE holding to beyond the current 13%.

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