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By Karen Roche |
November 27, 2012
The founder and chairman of Sprott Global Resource Investments Ltd. shares his belief in the power of gold as both "catastrophe insurance" and an investment vehicle. As to equities, he sees a new discovery cycle lifting the prospects of majors and juniors.
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By Jon Nadler |
June 4, 2012
The worst month for gold prices in 30 years was suddenly followed by the best daily climb since last August on Friday, the first day of the new month. The principal catalyst for the $66 upward move in bullion was the unexpectedly dismal report on May’s US job creation activity.
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By Jon Nadler |
May 4, 2012
The headline number may have been a “disappointment” but the revisions being made to previous figures offered a healthy counter-balance to be sure. Overall, the data indicate a “pause” in the US recovery but not one that would impel a nice fat little QE3 package.
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By Gene Arensberg |
April 17, 2012
Now that junior miners have already been crushed as much as 45% from their 2011 highs and the advanced exploration companies have already been cast overboard. Dennis Gartman is advising his clientele to “abandon” them because even when gold rallies they don’t rally.
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By Jon Nadler |
December 1, 2011
New York precious metals action opened with minor losses in gold and with mild advances in other metals, except for palladium, which continued it stunning two-day climb by adding 4% more to values in the spot price.
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By Jon Nadler |
August 31, 2011
Spot gold started the midweek trading session with a drop of $12.40 per ounce; a decline that soon turned into a $25 give-back of Tuesday's $50 gains. Gold's volatility continues to be an unnerving factor for small retail investors.
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By Jon Nadler |
March 8, 2011
Spot precious metals dealings opened on a weak-to-lower note this morning, as recurring rumors of a deal between Mr. Gaddafi and Libyan rebels continued to pressure oil prices and bolstered the US dollar.
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By Jordan Roy-Byrne, CMT |
September 15, 2010
First of all, one needs to have separate thinking when it comes to the metals and the shares. Buying coins or bullion should be viewed more as insurance than an investment.