ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was…
thinkstockOn the day that the Presidential election is happening, investors are throwing money into the inflation winners. The problem is that maybe this is not an inflation trade. Maybe it is a…
ThinkstockGold prices are down nearly 2% today and gold mining stocks are taking their lumps right along with the yellow metal. Today’s U.S. jobs report has pumped some air into the greenback,…
ThinkstockGold miners have been hit hard in the past 12 months by falling prices for the yellow metal and by higher mining costs. Over the course of the past year, prices are…
The price of gold has risen by about $200 an ounce since the end of June and has scored about half that gain since the first of September. The yellow metal is…
It had been a while since the real gold bugs got to make their endlessly higher calls, but the latest surge ahead of and after QE3 in gold, silver and other inflation-hedging…
Gold had hit yet a new six-month high of $1,779.10 per ounce in early bird trading today after the Bank of Japan decided to ease via an expanded asset purchase plan. The…
Platinum is taking a very serious, and likely long overdue, breather this Tuesday. Reuters has reported that the highly troubled mine under Lonmin in South Africa is going to have its workers…
If you do not know Marc Faber by name, perhaps you have heard of the Gloom Boom & Doom Report that he publishes. He is well known for criticism of monetary policies,…
The announcement of QE3 is not bringing a “sell the news” reaction at all when it comes to the metals market. Gold is surging, but The Devil’s Metal of silver is significantly outperforming…
If you were told that gold miners were highly dependent on gold prices, you would probably respond immediately with a phrase that starts with “No” and ends with “Sherlock.” This is the…
Gold bugs are finding a mixed reception today, but there is some concerning news out of South Africa that may resemble a bit of the same concern after deadly police responses during a labor…
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…
Investors are apparently getting a bit tired of domestic equities since the stock market held up this summer. What is interesting is that the inflows during August sent into gold and emerging…
The recession did something interesting to platinum. It took away much of its relevance, and the rising gold prices helped to take away platinum’s historic premium. Due to major labor strike with…
