Gold needn't get any better to make investors a lot of money right now: Keec The Resource Insider co-founder talked to Kitco today. "It is one of those rare times when investing in a junior company in some ways carries a lot less risk than a mining company or even a later stage development company," […]
Asia shares off to cautious start, gold recoils Reuters MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.2% in slow early trade, with a pause needed after five straight weeks of gains. Japan's Nikkei .N225 fell 1.3% and South Korea .KS11 0.1%. E-Mini futures for the S&P 500 ESc1 slipped 0.7%, having jumped […]
Gold closes below $1700, despite dollar weakness It may have been gone as soon as it appeared gold above $1700 per ounce was short-lived as market forces and a changing market sentiment took the precious yellow metal $37 lower today, with gold futures currently fixed at $1694.50. The first indication that gold futures might correct […]
Gold prices should still hit $2,000 this year, but can silver keep up? Gold prices were down slightly on Wednesday, but in the medium-term, fundamentals should still push prices towards the $2,000 an ounce level, this according to Bill Baruch, president of Blue Line Futures. “I think gold will see $2,000 this year, I think […]
Gold, silver bulls bask amid bullish charts, safe-haven buying Gold futures prices are trading not far from unchanged on the day Tuesday at midday, after scoring a 7.5-year high early on, at $1,788.80, basis June Comex futures. Silver prices are sharply up and at a four-week high today. Gold bulls are enjoying the strong near-term […]
Cracking the work from home code, this couple built a business empire out of it In an environment where many small businesses are struggling to adapt to the mass quarantines around the world, one business is seeing demand rise. BELAY, founded by husband and wife team Bryan and Shannon Miles, is a provider of virtual […]
Chinese, Indian gold jewelry demand falling off a cliff – Capital Economics Investment demand will continue to drive gold prices even as physical sales in critical global markets have fallen off a cliff so far this year, according to one investment research group. In a report Thursday, Alexander Kozul-Wright, a commodities economist at Capital Economics, […]
Kevin O'Leary-backed venture creating new asset class during crisis Venture capital through crowdfunding is a new way investing for retailers, and contrary to traditional venture capital, this asset class has seen increased activity during the pandemic, said Howard Marks, CEO of StartEngine. “StartEngine is a crowdfunding equity platform. Our mission is to help entrepreneurs achieve […]
'Floodgates are open for gold to move higher': Inflation, retail in focus Gold is up nearly 6% on the week and more gains are just around the corner, according to analysts, who still see the COVID-19 uncertainty as ruling the day and benefitting gold prices. Despite rallying equities, a lot of uncertainty around the economic […]
$20,000 gold price: Franco Nevada chairman makes the case < Gold prices should skyrocket to much higher levels, even $20,000 in two to five years’ time, as gold reaches a price level close to the level of the Dow Jones Industrial Index, this according to Pierre Lassonde, chairman of Franco Nevada. “When I look at […]