John Paulson bets on housing recovery, not gold
The billionaire hedge fund manager has been scoring big gains recently by going long on mortgage insurers.
Latest Stories
SocGen says continued ETF selling will drop gold price to $1,200
Every month 100 tonnes of gold flow out of ETFs and the selling is not going to stop says investment bank.
BHP bribery accusations not fully investigated: report
Official documents reveal neither the Australian Federal Police nor the Australian Securities and Investments Commission did enough to investigate the 2008 Beijing Olympics-related claims against BHP.
Coal India to invest $4 billion in two Aussie assets
Increasing demand from its domestic market, especially power producers, is pushing Coal of India to seek more overseas mines.
Mexico shuts down more than 20 coal pits due to child labour probe
Particularly in the state of Coahuila, which holds 80% of the country’s coal deposits.
Codelco could take over from Kinross in Ecuador
The world’s largest copper producer may be the chosen company to run the Fruta del Norte project, the largest gold deposit in Ecuador, when the concession for the Canadian miner expires August 1.
Australian gold production down 5% in March quarter
"The figures follow a tough few weeks for the local gold sector."
Indian minister jailed for illegal mining
"If the Modi government has any morality left, it must sack the minister."
Buy Chinese yuan: Jim Rogers throws us another investment bone
Rogers thinks the yuan could appreciate as much as 500% over the next three decades.
