Gold
Video: Gold: A Safe Haven Investment?
Gold prices hit a new low for the year this morning and are trading below $1,560 per ounce right now. Dennis Gartman, The Garman Letter, weighs in on the “safe haven” play. Related Links: Business & financial news headlines from msnbc.com Top of page
5 Reasons To Buy New Gold
…well below industry average cash costs and the continued strength of the gold price led New Gold to another strong quarter of financial results. During the quarter, earnings from mine operations were $78 million, net earnings increased 36% to $34 million,…
Gold Panda Release New Single "Mountain" Today (Mixed Media)
…International is putting out Gold Panda’s latest single “Mountain” b/w “Financial District” today and both tunes are available to stream online. The physical 7-inch single (limited to 1,200 copies) will hit record shops on 12 June and you can pre-order it…
Crocodile Gold Reports Revenue of $18.5 Million on the Sale of 10,900 Ounces of Gold in the Three Months Ended March 31, 2012
…the Company’s website at www.crocgold.com and also www.sedar.com where Crocodile Gold’s Annual Information Form, audited annual financial statements and managements’ discussion and analysis (MD&A) are posted. Crocodile Gold is a Canadian company with operating…
Gold & Silver Woes Remain As Relevance is Under Attack
…for relevance. What happens when the shiny yellow metal’s natural purpose as a currency and inflation hedge and even when a risk-on trade is dwarfed by dollar gains and other macro-issues like trading margin requirements and more? This is called a fight for…
Gold Ridge Announces Appointment of Director
…statements include, without limitation, statements regarding the future financial position, business strategy, budgets, projected costs, capital expenditures, financial results, taxes and plans and objectives of or involving the Corporation. Many of these…
Inflation And Gold
…indicate. In yesterday’s post we forgot to mention Mr. Roach’s passing reference to gold.
Gold falls to lowest this year as Greek crisis weakens euro
…to accept his proposal for a government of non-politicians. The 17-nation currency was at $ 1.2833 after earlier sliding to $ 1.2814, the weakest since January 18. Commodities declined for a tenth day, the longest losing streak since 1998, as oil traded near…
Bundesbank Confirms Gold Held by FED & Others
…could lead to gold reserves being nationalized or expropriated in order to support currencies such as the dollar. For breaking news and commentary on financial markets and gold, follow us on Twitter. (Bloomberg) — Platinum ETP Holdings Drop 1.1%, Biggest…
Metals Stocks: Gold falls below $1,560 as dollar gains on Greece
…on Monday. A stronger greenback tends to weigh on dollar-priced commodities such as gold, as it makes them more expensive for holders of other currencies. “The strengthening of the U.S. dollar is something to be concerned about,” said Richard Hastings, a macro…
JIM ROGERS: Here’s What Would Cause Gold To Dive 40% To 50% (GLD)
…their top if India were to stop its gold imports or if Europeans were to sell their gold: “There’s some movement in India to really curtail the purchase of gold. Some people in India say we should stop importing gold period which would be draconian. There…
Gold Horse International, Inc. Announces Results for Three Quarter Fiscal 2012
…net income as compared to GAAP net income is: it may not be compared to similarly titled measures used by other companies in the Company’s industry, and it excludes financial information that some may consider important in evaluating the Company’s performance….
Argonaut Gold Announces First Quarter 2012 Revenue of $24.4 Million and Net Income of $7.3 Million
…facilities is ongoing. The Company included the non-IFRS measure “Cash cost per gold ounce sold” in this press release to supplement its financial statements which are presented in accordance with International Financial Reporting Standards (“IFRS”). Cash…
Brigus Gold Reports Strong Q1 Financial Results
…Analysis (“MD&A”), which are available from the Company’s website (www.brigusgold.com) and on SEDAR (www.sedar.com). All dollar amounts are expressed in US dollars unless otherwise specified. All financial results are presented in accordance with International…
Bundesbank Confirms German Gold Held By FED, BOE and Banque De France
…Asian trading to $1,560/oz prior to renewed selling that saw the price fall and gold briefly pierced below support at $1,550/oz prior to a slight bounce higher in early European trading. Cross Currency Table – (Bloomberg) Support remains at $1,550/oz and below…
Gold tumbles on weak global cues, fall in demand
…influenced the market sentiment to some extent. In the national capital, the gold of 99.9 and 99.5 per cent purity tumbled by Rs 260 each to Rs 28,540 and Rs 28,400 per ten gram respectively. Sovereign fell by Rs 50 to Rs 23,650 per piece of eight gram. Silver…
Gran Colombia Gold announces first quarter 2012 results with production of 26,260 ounces of gold and best ever drill results at Marmato, extending the…
…May 14, 2012 /PRNewswire/ – Gran Colombia Gold Corp. (TSX: GCM) announced today the release of its unaudited interim consolidated financial results for the first quarter ended March 31, 2012 and related management’s discussion and analysis, an update on the…
Central Banks Aggressively Buying Gold, Commodity Report by Top…
…the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market…
NZ shares fall; OceanaGold drops with gold price
…prospects of slowing growth in China and Europe weighed on equity markets and commodity prices. “There’s a bit of weakness in the local market today – Investors are concerned about what Greece will do,” said Grant Williamson, director at Hamilton Hindin Greene….
EU Morning Report – Gold records 5-month low
…record low – from 0.8023. The US dollar (USD) appeared strong versus a basket of currencies on a lackluster financial calendar day. The ongoing uncertainty, heightened risk aversion and favored risk haven buying of the greenback. Against the Canadian dollar…
