Fed Stopping QE Stimulus? Gold Falls

Jun 02, 2013

Is the US Federal Reserve stopping monetary stimulus? Investors are afraid they are, and as a result Gold prices are falling to a 2-week low and down 17% so far in 2013. The US economy is getting stronger, climbing out of the current recession, which may signal that the US no longer has the need […]
Read more

Buffett Makes Fun of Falling Gold Prices

Apr 18, 2013

Warren Buffett, the head of investment firm Berkshire Hathaway and arguably the world’s best investor made fun of falling gold prices today, as gold hits a 2-year low. Many hedge funds – Buffett’s rivals – have experienced big losses this week. John Paulson’s major hedge fund lost $1 billion this week in the fall. Buffett has strongly […]
Read more

Hedge Funds Continue to Buy Copper

Sep 09, 2012

Copper investors are the most optimistic in 11 months, as traders speculate that the US Federal Reserve with announce a new round of quantitative easing (QE3). Hedge funds are buying copper – the largest buys since May 2012 as London Metal Exchange warehouse stockpiles drop to their lowest level in 4 years. Currently, global demand […]
Read more

Silver Wheaton Buys More Gold and Silver Production Rights

Aug 09, 2012 3 Comments

Silver Wheaton has agreed to buy all of HudBay Minerals’ silver production and most of their gold production from 2 mines, paying $750 million plus royalties. The 2 mines in the agreement are HudBay’s 777 Mine in Canada, and the Constancia mine in Peru. Silver Wheaton is paying $750 million in addition to the cost of […]
Read more

Broker AvaTrade Adds Gold Miners ETF

Jul 18, 2012 No Comments

Online trading broker AvaTrade has recently added ETF to their products lineup, including Market Vectors Gold Miners ETF. We are very excited about this instrument which tracks a group of the leading gold mining companies worldwide. AvaTrade — formerly Ava FX — is an online trading broker based in Dublin, Ireland. They offer all their instruments […]
Read more

Gold and Metals Prices Fall as US Dollar Strengthens

Jul 05, 2012 No Comments

Gold prices fell by the largest amount in a week as the US Dollars strengthened. Since gold is priced in USD, as the USD strengthens gold becomes more expensive for people not holding USD, such as Europeans or Asians. The markets were also reacting to concerns that the US Federal Reserve might not take more […]
Read more

Silver Stocks – Weekly Wrap-up

Jun 30, 2012 No Comments

Silver stock prices for the week of June 25 – 29, 2012. Hecla Mining (HL) → up $0.23 or 5.1% to $4.75. Pan American Silver (PAAS) → down $0.35 or 2.0% to $16.88. Silver Standard Resources (SSRI) → down $0.39 or 3.4% to $11.24. Silver Wheaton (SLW) → up $0.64 or 2.4% to $26.84.   This […]
Read more

Gold and Silver Prices Remain Low

Jun 25, 2012 1 Comment

As we see a more and more call options on commodities like gold and silver, their prices are still low today. This is largely due to the US Federal Reserve’s reluctance to expand Quantitative Easing (QE3) and instead opting for “Operation Twist”. While hedge funds and portfolio managers increased their buying on most futures and […]
Read more

Silver Stocks – Weekly Wrap-up

Jun 23, 2012 No Comments

Silver stock prices for the week of June 18 -22, 2012. Hecla Mining (HL) → down $0.19 or 4.0% to $4.52. Pan American Silver (PAAS) → down $1.10 or 6.0% to $17.23. Silver Standard Resources (SSRI) → down $0.72 or 5.8% to $11.63. Silver Wheaton (SLW) → down $1.64 or 5.9% to $26.20.   This volatility […]
Read more

Glencore Buys Underwater Metals Mining

Jun 17, 2012 No Comments

Glencore, the world’s largest commodities trading company, has agreed to buy 50% of the nickel and copper mined from the seafloor by DeepGreen Resources. DeepGreen, based in Vancouver, Canada, is using the Nautilus underwater harvester to mine the seafloor of the Pacific off Mexico’s shore. This has been a volatile time for Nautilus coming off 2 […]
Read more

Language: