Gold and gold stocks crashed last year in the summer. They have since been going through a stage one base. This suggests that 2014 will mark the start of a new bull market for gold, gold mining stocks and commodities.
There's a saying that old love never rusts. James West might have broken it off with the gold space for a while, but he always knew he'd be back when the time was right. In this interview, West talks about what has convinced him to start shopping for gold stocks again.
In part four of Jan Skoyles and Koos Jansen’s look into China’s gold market they turn their attentions to the individuals behind the moves to get China investing in gold. In our infographic we highlight the top ten. Read on to find out more about these individuals and some of their contemporaries.
Leaping toward six-week highs for Eurozone investors, gold initially dropped $5 per ounce, and then rallied $15, before returning to the $1,317 per ounce level seen throughout what traders called "soporific, slow" dealing so far this week.
The prolonged naked shorting of precious metals stocks has been immensely destructive to the sector and has left a battlefield littered with corpses, like the first day of the Battle of the Somme. The silver lining: Charts are showing a Head-and-Shoulders bottom.
In total, the WGC report states that in 2012 the gold industry generated over $210 billion in to the world’s economy in 2012. This is the equivalent GDP to the city of Beijing or the Republic of Ireland.