Stan Druckenmiller: The bull market is exhausted; make the move to gold
Legendary investor Stan Druckenmiller told the Sohn Investment Conference in New York last week that he is bullish on gold and bearish on the stock market.
Latest Stories
Intrepid Potash idles US mine, lays off hundreds
The Denver-based potash miner is placing its West facility in New Mexico in "care and maintenance” beginning July.
Japan risks wasting US$56bn in new coal-fired power stations — report
According to the University of Oxford’s Smith School of Enterprise and the Environment, Japan’s plants are set to become stranded assets as a result of overcapacity and cheaper power sources, such as renewables.
Crowdfunding campaign established for Fort McMurray residents
Glacier Media is donating $50,000.
Gold bounces back on weak dollar, Goldman’s brighter forecast
The bank increased its three, six and 12-month forecasts to $1,200, $1,180, and $1,150 an ounce from $1,100, $1,050 and $1,000 respectively.
Gold has entered a new bull market — JPMorgan
Investment bank says the precious metal will continue to grind higher — with that key $1,400 level being the first line in the sand.
Global gold output to remain weak despite price recovery
BMI Research analysts also believe gold prices bottomed in 2015 and expect the metal to edge higher over the coming quarters.
Kinross Gold reports first-quarter loss but tops expectations
The Canadian miner posted a loss of $13.9 million in its first quarter.
CHARTS: The May mining and metals meltdown
Seven trading days in and already global mining investors are nursing double digit declines as everything from copper to met coal to silver take a beating.
