Quantcast

Posts related to ‘gold’

Money, US, $100 bills

Value Investors, Meet John Paulson’s New Stock Positions

Posted: May 15, 2013 at 7:33 pm

John Paulson made a fortune during and after the recession, but he and his investors have not been as successful since (to say the least). Paulson has been taking some ...
Read Full Story »
Gold and Silver

Gold Miner Takes Corporate Credit Downgrade, Gold Price Risk

Posted: April 29, 2013 at 2:57 pm

The latest recovery in the price of gold is not helping gold miners as much as some investors might think. In fact. Moody's Investors Service just issued a corporate credit ...
Read Full Story »
Gold and Silver

Gold and Silver — Is the Shine Wearing Off? (GLD, ABX, NEM, KGC, SLW)

Posted: March 22, 2013 at 10:20 am

The banking crisis in Cyprus has dragged on for a week now, with threat projections ranging all the way from “dire” to “who cares.” It seems reasonable to assume that ...
Read Full Story »
underground mining

Deutsche Bank Cuts 2013/2014 Price Targets for Gold and Silver

Posted: January 8, 2013 at 9:28 am

Deutsche Bank A.G. (NYSE: DB) has joined a growing list of investment banks cutting their forecasts on precious metals for 2013 and 2014. By cutting their estimates for gold and ...
Read Full Story »
Gold and Silver

Gold and Silver: Look for Another Great Year in 2013

Posted: January 4, 2013 at 8:14 am

Gold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for ...
Read Full Story »
gold bars nuggets

The Key Gold Trade for 2013, Pairing Gold Against Miners

Posted: December 4, 2012 at 8:59 am

Any Wall St. pundit will tell you that the overprinting of money is a train wreck waiting to happen. The Federal Reserve balance sheet sits at almost three trillion dollars after ...
Read Full Story »

Central Bank Policies Drive Gold Investments

Posted: October 18, 2012 at 10:03 am

Weak macroeconomic data drove central banks’ monetary policy during the third quarter, and those policies drove the world’s demand for gold, according to the latest report from the World Gold ...
Read Full Story »

Gold Demand Drops in Q2 (GLD, IAU, GDX, GDXJ)

Posted: August 16, 2012 at 7:37 am

Compared with the second quarter of 2011, demand for gold fell 7% by a total of nearly 76 metric tons, to 990 metric tons, in the second quarter of 2012, ...
Read Full Story »

Stronger Dollar Pushes Down Gold, Silver, and Crude (GLD, GDX, SLV, SIL, USO, OIH)

Posted: August 13, 2012 at 11:16 am

Futures prices for gold, silver, and WTI crude are all lower today as the dollar gains strength against the euro. Oddly enough, the dollar index versus a basket of currencies ...
Read Full Story »

No Earnings Gold for Barrick

Posted: July 26, 2012 at 7:56 am

Barrick Gold Corp. (NYSE: ABX) reported second-quarter adjusted earnings per share (EPS) of $0.78 on $3.28 billion in revenue this morning. Adjusted EPS were sharply down from $1.12 per share ...
Read Full Story »

Gold Losing Its Luster?

Posted: July 24, 2012 at 11:53 am

Since the beginning of May, gold futures prices have traded in an increasingly narrower band. The highs are trending lower, while the lows are trending higher. Given the continuing concern ...
Read Full Story »

Gold, Oil Rising on Weak Dollar — and Something Else (USO, UGA, GLD, IAU, GDXJ, GDX)

Posted: June 29, 2012 at 1:34 pm

We’ve already posted our opinions on the agreement which is expected to create a TARP-style program to prop up Europe’s weak banks. In our view, the proposal is not big ...
Read Full Story »

Gold Reacts Badly to Fed Decision (GLD, IAU, GDX, GDXJ)

Posted: June 20, 2012 at 2:30 pm

The SPDR Gold Shares ETF (AMEX: GLD) is off about -0.2% at $156.89 in a 52-week range of $143.97-$185.85. The iShares Gold Trust (AMEX: IAU) is off about -0.1% at ...
Read Full Story »

Gold Added to FDIC Proposed Capital Rules (GLD, IAU, AUY, NEM, ABX)

Posted: June 19, 2012 at 11:01 am

The Federal Deposit Insurance Corporation (FDIC) yesterday issued a notice of proposed rulemaking that revises the measurement of risk-weighted assets by incorporating the latest changes to the Basel III framework ...
Read Full Story »

Barrick Gold Fires CEO, Wants Higher Share Price (ABX, KGC, GG, AUY, NEM, FCX)

Posted: June 6, 2012 at 9:02 am

Barrick Gold Corp. (NYSE: ABX) announced this morning that it has replaced now-former CEO Aaron Regent and appointed the company’s now-former CFO, Jamie Sokalsky, as the new CEO, effective immediately. ...
Read Full Story »