One of the major caveats related to gold mining and gold prices has been the rising cost of production. Higher labor costs, higher energy costs, and lower grade ores have all contributed…
Less than two weeks ago we were given an exclusive interview with Tom Winmill of the Midas Fund (NASDAQ: MIDSX). Winmill told us he believes that gold will reach $1,700/ounce in 2011 and…
There is a new gold ETF on the market. Yesterday marked the launch of the Global X Pure Gold Miners ETF (NYSE: GGGG). Global X noted that its new ETF focuses globally…
Earnings are out for three large gold miners, and the reviews are mixed. Barrick Gold Corp. (NYSE: ABX), Kinross Gold Corp. (NYSE: KGC), and AngloGold Ashanti (NYSE: AU) have all reported fourth-quarter…
Everyone loves to see Warren Buffett’s portfolio changes, but in some cases it is more important what other gurus are doing with their assets under management. George Soros and John Paulson are…
It is 13F season and investors are looking to see what their favorite gurus are up to. While everyone is looking at the slew of Buffett portfolio changes, it is John Paulson…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Alcatel-Lucent (NYSE: ALU) Raised to Buy at Jefferies. Allstate Corporation (NYSE: ALL) Started as…
Earlier this week we wanted to look for some sort of implied value in shares of gold stocks that had either underperformed the sector and those which were actually at substantial discounts…
There are many active stocks this morning with big price changes for active traders and day traders to look over. We are monitoring shares of AngloGold Ashanti Ltd. (NYSE: AU), Arena Pharmaceuticals,…
These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Amgen Inc. (NASDAQ: AMGN) Started as Buy at Stifel Nicolaus. AngloGold Ashanti (NYSE: AU)…
These are some of the top analyst calls with upgrades, downgrades, and initiations seen from Wall Street firms: AngloGold Ashanti (NYSE: AU) Cut to Sell at Goldman Sachs Best Buy Co. (NYSE:…
These are some of this Wednesday’s top analyst research calls for upgrades, downgrades, and initiations: AngloGold Ashanti Ltd. (NYSE: AU) Cut to Underperform at Credit Suisse. Chimera Investment Corp. (NYSE: CIM) Started…
Gold opened above $1,200.00 per ounce this morning before dropping below that magic number again as the day progressed. SPDR Gold Shares ETF (NYSE:GLD) is pretty much flat, opening at $118.49 and…
We aren’t going to bother telling you the news on Goldman Sachs being charged by the SEC with fraud over mortgage products. The notion that hedge fund Paulson & Co. is being…
The Fed has started the end of the near-zero rate cycle cycle, sort of. But yesterday’s sudden discount rate hike to 0.75% from 0.50% is almost certainly a prelude to the Fed…
