ThinkstockWe have had earnings results from a handful of silver miners in the past few days, and the news has not been very good. After markets closed on Wednesday, Silver Wheaton Corp.…
ThinkstockFirst Majestic Silver Corp. (NYSE: AG) reported second-quarter 2013 earnings before markets opened this morning. The Canada-based silver miner posted adjusted earnings per share (EPS) of $0.07 on revenues of $48.4 million.…
ThinkstockIt is hard to find many analysts or market pundits who will defend gold at this point. Sterne Agee analyst, Michael Dudas, is doing just that in a fresh research call. He…
ThinkstockSlower-than-expected Chinese growth and Federal Reserve tapering discussions have severely affected the commodity world. Strengthening of the U.S dollar, unwinding of the global carry-trade and tame global inflation also have played their…
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in mining…
U.S. equity markets opened slightly lower this morning after the Bank of England left its key interest rate and asset purchase program unchanged (more coverage here). In Asia, China’s consumer price index…
U.S. equity markets opened lower this morning on relatively little economic data. In Europe, Germany reported that industrial production rose 1.2%, while a house price index in the U.K.rose 1.1% month-over-month. In…
ThinkstockRising stockpiles of virtually every commodity had led to a sharp drop in long-dated noncommercial (speculative) futures. Slowing growth in the United States and elsewhere is getting the blame for the 31%…
ThinkstockWe have already covered the sea change that is washing over the mining industry. Where past practice has been to invest heavily in new assets with the strategy that growth was assured,…
U.S. equity markets opened lower this morning and continued a slow downward slide throughout the day. In Europe, flash PMI data from the eurozone came in below expectations on both manufacturing and…
U.S. equity markets opened flat to lower this morning as it waited for data on U.S. housing starts and producer price inflation. In Europe, markets got some downward signals from a higher-than-expected…
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is investing in…
ThinkstockThe Comex April gold price has risen more than $5 today and is currently trading at $1,676.00 an ounce. Last week’s poor showing for fourth quarter U.S. GDP growth has pushed the…
ThinkstockGold 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 the price…
ThinkstockGold futures closed below $1,650 an ounce on the Comex last night, sharply lower than the $1,700 or so the yellow metal fetched at the beginning of December 2011, but well above…
