Quantitative easing is back on the table and back in traders’ pockets. Forget about what Ben Bernanke said at Jackson Hole about vigilance. This is after Mario Draghi’s bond buying news this week…
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, according to…
David Einhorn and his hedge fund Greenlight Capital reported some changes to the fund’s portfolio last night. The fund added significant holdings in several health care stocks and eliminated a couple of…
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 is down…
Newmont Mining Corp. (NYSE: NEM) is supposed to be one of the biggest and best gold miners out there. Its high dividend is a testament to that. The problem is that gold miners…
Gold miner Barrick Gold Corp. (NYSE: ABX) introduces a new CEO tomorrow at its quarterly earnings show. The consensus estimate from Thomson Reuters calls for EPS of $0.95 on revenue of $3.5…
It is often a wonder why some investors would want to own a gold mining stock if they want to invest in the upside of gold. The rewards can be immense, but…
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 enough and…
The financial world has been waiting for the decision from the United States Supreme Court on Obamacare and the reaction depends upon which sector and asset class you are following. We have…
With commodities on the retreat and with preliminary inflation running very low, you can imagine that the gold and silver markets are trading softer again. Gold is down 1.3% at $1581.50 per…
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 $15.76 in…
Gold and silver are finally acting in the manner they should be again. For months and months, gold (and silver as a more speculative gold trade) investors and speculators were having an…
Of the top 25 price gainers today, 15 are gold or silver miners, most are the juniors, and all are up about 9%-12%. Recent weak US employment news and a pricey dollar-euro…
The market was down significantly earlier in the day with a double-digit S&P 500 drop and a triple-digit drop in the DJIA. We wanted to see some unusual gainers on the day,…
Jon C. Ogg Gold and silver have finally indicated that the free fall we saw over the last month may have at least stabilized. The markets are mixed today in the commodities and the miners…
