India’s central bank bought 200 tons of the gold from the International Monetary Fund; the US unemployment rate has broken 10 percent for the first time since 1983; and the Federal Open Market Committee is continuing to hold interest rates at or near zero. All of these factors add up to higher gold prices.
In the midst of the Great Recession, the dollar has weakened and the market has lost its balance, but gold has held its strength and offers stability in times of uncertainty.
Economic growth in developing nations is behind a change in global diets of epic proportions, the likes of which the world hasn’t seen since the Agricultural Revolution of the 18th and 19th centuries.
Often the object of derision and scorn, the yellow metal provides the best long-term portfolio security.
Gold prices have rallied substantially over the past year, but should investors continue to add to their hoard? Rachel Benepe, co-manager of First Eagle Gold (SGGDX), gives us her take.
During years when the February cattle futures contract is trading at a discount to the April contract in the early fall, the February contract gains on the April as we move from the end of one year into the beginning of the next.
Recently analysts have unleashed an avalanche of upgrades for companies in the mining sector, coinciding with higher price forecasts for a wide range of metals. The main reasons for this upsurge in optimism are strong economic growth in China and an anticipated restocking of materials in developed nations.
The growth of Asian markets from natural resources
Kvetching over the limited effectiveness of the federal stimulus package has become almost deafening. But the din of road construction will eventually drown out the critics. Here’s how to profit from the noise.
Kvetching over the limited effectiveness of the federal stimulus package has become almost deafening. But the din of road construction will eventually drown out the critics. Here’s how to profit from the noise.
