Gold Stocks Today

Gold Junior Mining Stocks Poised to Rebound

The Market Oracle — Sat, 04 Feb 2012 20:31:32 +0000

Economics and politics. Accretion and repletion. Mergers and acquisitions. Joe Mazumdar, senior mining analyst with Haywood Securities, sees all of these as catalysts for a rebound in the junior gold space in 2012. In this exclusive Gold Report inte...

The Fed’s BFF

The Market Oracle — Sat, 04 Feb 2012 20:21:44 +0000

Cheap money was trending long before "the" Facebook lost its article and 845 million people lost the rights to their lives... The U.S. FED'S status update last month about how it still loves cheap money always and forever was sure to ...

U.S. January Employment Situation Shows Widespread Improvement, but Short of Full Employment Mandate

The Market Oracle — Sat, 04 Feb 2012 20:14:44 +0000

Civilian Unemployment Rate: 8.3% in January, down from 8.5% in December. Cycle high jobless rate for the recent recession is 10.0% registered in October 2009. Payroll Employment: +243,000 jobs in January vs. +203,000 in December. Private sector jobs in...

U.S. Non Farm Payrolls Interesting Market Divergences

The Market Oracle — Sat, 04 Feb 2012 20:00:25 +0000

NFP printed 243K, higher than forecast. As expected markets took out all resistance's and moved to the almighty important level of 1345/50. Key highlights from NFP report

Gold and Silver Mining Stocks Tops Might Be Just Around the Corner

The Market Oracle — Sat, 04 Feb 2012 19:37:06 +0000

This December gold prices swooned by more than 10 per cent in their biggest monthly fall since the collapse of Lehman Brothers. For some insecure gold investors it was like a bad dream. They were happy to wake up to a bright, crisp January whose per...

A Crisis in Worthwhile Opinions of Capitalism

Bill Bonner — Fri, 03 Feb 2012 22:00:58 +0000

The Financial Times has continued its series on ‘Capitalism in Crisis’ much longer than we expected. Longer than seems decent, actually. The crisis will be over before the series ends. Each of the Davos-list celebrities to write on the subject basically ‘talks his own book.’ The politicians tell us that they can fix what is [...]

A Crisis in Worthwhile Opinions of Capitalism originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Banking on Your Phone

Patrick Cox — Fri, 03 Feb 2012 21:05:58 +0000

America has lagged behind much of the world in terms of digital wallets. Elsewhere, people routinely use phones instead of credit cards. There are several reasons for this. Partly, it is because North America saw mobile phones so early. When other regions finally rolled out mobile phones, infrastructures were more modern. The larger reason, however, [...]

Banking on Your Phone originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

My Favorite Way to Own Silver

Byron King — Fri, 03 Feb 2012 20:11:13 +0000

My favorite way to own silver is the Sprott Physical Silver Trust (NYSE:PSLV). This is a product of the Eric Sprott group, of Toronto. Units of this trust were trading well above $20 a few months ago. But today, even after silver’s January rally, the units are trading below $15. That’s a 25% decline, which [...]

My Favorite Way to Own Silver originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Buying Gold in Uncertain Times

Bill Bonner — Fri, 03 Feb 2012 19:10:48 +0000

Dow down slightly yesterday. Oil falling further below $100. And gold still going up. What is most interesting is the movement in the price of gold. It seems to be heading up again — almost no matter what else is happening. So, let’s look at what might be going on… If investors sensed a recovery…they [...]

Buying Gold in Uncertain Times originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Currencies Hold Ground Ahead of Jobs Jamboree

Chuck Butler — Fri, 03 Feb 2012 17:25:54 +0000

This morning, the currencies look pretty much like they did yesterday when I left the office… There’s still the Sword of Damocles hanging over the euro (EUR), in the form of Greek negotiations to obtain help from private lenders. This has dragged on now for over two weeks, and I’ve given up on it happening… [...]

Currencies Hold Ground Ahead of Jobs Jamboree originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.