Ghana wants to use its gold to pay for oil and other essentials the country needs to function. And it is hard to blame them. However, by converting the Ghanaian Cedi‘s local currency into U.S. Dollars and then buying what they need, the country’s foreign currency reserves are being depleted. Furthermore, U.S. dollar strength or […]
The first two weeks of April have elapsed and here’s what we’re seeing… First off, the Stock Challenge Index (SCI) has spent most of the last couple of weeks in negative territory. The index came up for a short-lived breather only to be dragged back down following hints from US policymakers that tougher measures from […]
Save for oil and gas, January has been a rough ride for the markets. But before getting into any of that, the time has come to unveil our new champion… After going all in with Canadian mineral explorer, Goldquest Mining, veteran member and faithful player, ‘Emil Boychuk’ wraps up the month in first place, with […]