Gold stocks have plunged in September, crushed by the withering selling pressure from heavy futures shorting hammering gold. As usual, these falling prices have kindled extreme bearishness on this left-for-dead sector. But despite this …
Let’s just say that the last few years haven’t quite so golden for firms that dig precious metals out of the ground. After exploding higher during the Great Recession and reaching about $2,000 per ounce, gold has been on a one-way ticket …
The gold miners’ stocks have huge upside potential in 2018, likely the best among stock-market sectors. They really lagged gold last year, so a major mean-reversion catch-up rally is coming. The gold miners are universally ignored and …
Wall Street's conflicting emotions of fear and greed are duking it out right before our eyes. Greed is obviously alive and well. Confidence in the American economy has lifted the S&P 500 to an impressive 9% jump this year. But gold, which is …
Except for a slight decline at the beginning of August, investors have seen the value of their portfolios invested in gold mining stocks increasing year to date. The market appreciates the ability of Newmont's management to anticipate the …
NEW YORK – With the price of gold inching toward $500 an ounce for the first time in 18 years, investors might be in a quandary: whether to buy gold bullion or shares in gold mining companies. "We have done better owning gold than …
The yellow metal has lost about 30% of its value over the past year, from a high of nearly $1,700 an ounce to right around $1,200 an ounce. The companies that mine gold have done even worse, and the prospects are dim for a recovery any …
Last Friday, shares in Toronto, Canada headquartered New Gold Inc. ended the session 0.93% lower at $3.19. The …
La Monica. Other than Time Warner, the parent of CNNMoney, and Abbott Laboratories, La Monica does not own positions in any individual stocks. Gold is often derisively referred to as an investment that only kooks who are preparing for the …