The point of owning a gold mining stock like Barrick Gold Corp (USA) (NYSE:ABX) is to gain leverage to the price of gold. An investor owns ABX stock because she is bullish on gold — and because, if gold rises, Barrick Gold stock should rise even further. At 5 million ounces of production and a […]
Saudi Arabia's finance minister says artificial intelligence, data mining and augmented reality is where it's targeting a massive spending push.
Have you ever been on a treasure hunt? Well if you find yourself in the Rockies -somewhere in between Santa Fe, New Mexico and the Canadian Border, 87 year-old millionaire and former Vietnam fighter pilot, Forrest Fern has hidden a treasure chest worth millions in emeralds, rubies, diamonds and gold coins. He originally filled the […]
Gold stocks are percolating. And while much work remains before their long-term technicals turn bullish, the whole sector could be worth a trade here.
Hundreds of 1,000-year-old silver coins, rings, pearls and bracelets linked to the era of Danish King Harald Gormsson have been found on the eastern German island of Ruegen in the Baltic Sea. A single …
LONDON/NEW YORK (Reuters) – Gold and oil traded slightly lower as markets opened for the first time since Western powers launched a missile attack on Syria, but equities are unlikely to experience big losses unless the West strikes again or Russia retaliates. Reports show a lot of care was taken not to hit Russian targets, […]
SPDR Gold Shares (NYSE:GLD) is the vehicle under which most investors are able to hold gold. The GLD ETF represents fractional, undivided beneficial ownership interests in a trust whose sole assets are gold bullion on and, from time to time, cash. The truth is that precious metals don’t really make for a very good long-term […]
It’s one of the toughest questions to answer this year: amid all the fears and uncertainties in the broader markets, why haven’t gold stocks jumped in valuation? For one thing, the bullion sector, and to a large degree, gold stocks, perform well during periods of market fear.
Reddit co-founder Alexis Ohanian talked about his career and what he’s learned from wife Serena Williams in a new interview with the The New York Times. Ohanian married 23-time grand slam champion and four-time Olympic gold medalist Serena Williams last year, and the two have a daughter together. Anyone who knows Reddit co-founder Alexis Ohanian […]
Which of these gold mining stocks is a smarter pick right now? Find out here.