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November 20, 2023 17 mins

Resource news in 15 minutes (Mmm, we're a little bit over but it's worth it): In this episode Shae Russell discusses why your average chocolate block is about to cost a whole lot more, crude prices reliant on OPEC moves and some decisions from Saudi Arabia suggest the oil market isn’t as robust as they’d like us to believe, what’s really pushing gold higher when perhaps it shouldn’t be up and we hear from Ilala Metals on the three most common uranium ore bodies.

Timestamps

(1:00) – Is gold overvalued right now?

(6:21) – Headwinds remain for spot gold, conflict keeps the price elevated

(8:31) – Oil demand isn’t as strong we think

(10:19) – Why no one can afford chocolate anymore…

(13:16) – Uranium reaches an 11 year high

(13:55) – Ilala Metals: The three most common types of uranium ore

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