Despite bitcoin’s wild price moves, it’s still not considered a risk to the financial system. China is the world’s largest producer and consumer of coal, and it hosts more than half of the world’s bitcoin-mining pools. While experts debate bitcoin’s role in a world still dominated by fiat currencies, the real risk is how the […]
Unfortunately for yellow metal lovers, the mad dash for equities is leaving gold stocks and their ilk out in the cold. Since peaking in early September at $128.32, the popular gold exchange-traded fund — SPDR Gold Shares (NYSEARCA:GLD) — has tumbled 7.2%. Gold miners have followed in-kind with downtrends gripping them one and all.
Over the past couple of weeks “gold bugs” have got themselves into a bit of a panic as to where gold is heading. Gold has, indeed, fallen from the $1,300 level, down to around $1,235, at one point.
Last Christmas, my carry-on bag was stolen during a trip from New York to San Francisco. I’d last seen it on the plane, but it disappeared somewhere between the aircraft and the car at the airport. A few days later, the phone inside the bag turned up in the Philippines. You can read about that […]
Gold spot prices rise and fall, but these companies have what it takes to thrive no matter what.
Some have argued that the boost Nvidia has seen from cryptocurrency mining is over, but one analyst thinks differently. Alt-coins have been exploding in value and could provide another big boost to Nvidia’s bottom line. Some analysts have already called for the end of the crypto boom for Nvidia, but Mitch Steves, an analyst at […]
In the overall scheme of things, these coins have been forgotten as the Bitcoin market has exploded to the upside with anticipation of a new futures market.
Did Hecla Mining's sharp November plunge create an opportunity, or is it a value trap?
NVIDIA Corporation (NASDAQ:NVDA) have been a beast for the past couple of years, trouncing the performance of rival Advanced Micro Devices, Inc. (NASDAQ:AMD), as well as AMD’s frenemy Intel Corporation (NASDAQ:INTC). While a stabilizing PC market has supported modest demand for next-generation graphics cards, it’s actually been the rise of cryptocurrency mining and artificial intelligence […]
Hecla Mining Company (HL) needs investors to pay close attention to the stock based on moves in the options market lately.
All gold mining stocks don't shine when gold prices rise. Here's proof.
Advanced Micro Devices CEO Lisa Su discusses how much her company's technology is bought for bitcoin mining and how she views blockchain technology.
Nvidia and AMD have enjoyed strong demand for their chips that could be ending soon. As bitcoin nears the fabled $10,000 a coin mark, it looks like the crypto boost chip makers AMD and Nvidia have enjoyed is finally coming to an end. “While the Blockchain software technology is here to stay … we expect crypto-mining will be […]
This gold miner may be one to add to the shopping list.
This unloved optical stock could be a great value play for patient investors.
The official Black Friday shopping weekend began on Friday, but lots of deals are still available today from many stores such as Amazon, Argos, and Currys PC World. But in the world of fashion there are still a tonne of deals to be had. To help you navigate the barrage of bargains, we've rounded up the best fashion buys […]
Gold is a volatile precious metal, but also a store of wealth — which is why you should be looking at these three gold companies today.
All investors should have some investments that allow them to sleep soundly at night.
What you should make of the gold miner stock's dramatic fall.
Calling a spade a spade, there are plenty of reasons NVIDIA Corporation (NASDAQ:NVDA) could, and arguably should, worry investors. Aside from the fact that NVDA stock is priced at a frothy 51.9 times its forward-looking earnings, rivals Advanced Micro Devices, Inc. (NASDAQ:AMD) and Intel Corporation (NASDAQ:INTC) have finally figured out they’re going to have to […]
Gold has seen brutal and persistent whipsaw trading the past two weeks. The precious metal has seen a repeated test of resistance and support in dynamic trading conditions. Risk appetite in equities has perhaps hindered Gold, but the long-term is intriguing for the commodity. Gold’s Persistent Whipsaw Movements Gold prices have continued to provide traders with […]