The best indicator of the health of the global exploration sector has fallen to a record low.
Finance Mining News
Instead of trying to guess which commodity will outshine all others, we suggest diversifying across all commodities to try to smooth out the inherent volatility.
Empty unallocated gold accounts and redeem your gold in physical form
But 2013 output will be 20% less than planned.
Toronto-based company gains 6.8% after drilling 16.7m of 58.7 g/t gold at its flagship Buriticá project.
Investors pulled 638 tonnes or $61 billion from gold-backed ETFs this year.
We may begin to see hoarding develop in select commodities, similar to 2008-2009, against a backdrop of capitalism “laying in its death bed”—a result of on-going monetary stimulus.
We now have the necessary conditions for the bubble phase in gold to begin.
30 years ago US short term interest rates were at 20% making gold much less attractive than today.
60% of the industry is loss-making.
That era is over, Credit Suisse experts say, and they expect prices to remain under pressure at least through the end of the year.
When gold prices plummet, fear takes over and some investors forget the fundamental reasons to own gold: Gold is a portfolio diversifier and a store of value.
By: Henry Bonner for Sprott Group The period ending in 2010 was one of the most explosive episodes of growth for the gold mining industry, but the aftermath has been bleak. Gold is down $500 […]
In a 74-page document filed Monday with the US Securities and Exchange Commission, the brothers say they will protect the virtual currency like gold bars —in vaults.
The gold price may have taken a tumble, but Ian Gordon, chairman and founder of the Longwave Group in British Columbia, is watching for a recovery. As bullishness in gold reaches some of its lowest […]
It will be an extremely important and interesting half-year results season for gold miners, say experts.
As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake.
Billions wiped off sector as gold price drop sends many stocks to multi-year lows.
Copper price slumps 1.8% as Brazil, Russia, India and China growth slows to 2009 levels.
As the market senses a robust recovery is underway, expectations are climbing that this growth will continue.
Good news for the dollar is bad news for the gold price.
Friday's fall in the gold price wipes billions off the gold sector.
What if the government took away your gold?
David Galland discusses the current economic crisis in the country and its likely political fallout, as well as its effects on expats living there.
Time to sell bullion and get back into US stocks.