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What Led to a Rebound in Mining Stocks on Tuesday

11h marketrealist
We should also consider mining stocks’ price movements in relation to their moving averages. This article looks at Sibanye Gold (SBGL), Randgold Resources (GOLD), Eldorado Gold (EGO), and IamGold (IAG). (19-0)

If There’s an Interest Rate Hike, How Could Gold Be Affected?

2017-11-23 marketrealist
As December approaches, discussion of a potential interest rate hike is growing. A hike is of particular concern to market participants because it could affect equities, currencies, and commodities. A higher interest rate for US Treasuries usually causes investors to move their money to the United States, raising demand for the dollar and reducing demand for safe-haven assets such as gold. (15-0)

Resource Sector Digest: An Update On Trevali Mining

2017-11-18 seekingalpha
We are thinking zinc again in this week's Resource Sector Digest (Vol. 114 - October 13, 2017). Brought to you by Itinerant and The Investment Doctor. (40-1)

Gold Demand Declines to 8-Year Low in Q3, What's in Store?

2017-11-17 zacks
Global gold demand declined 9% year over year to 915 tons — at levels last seen in the third quarter of 2009. Significantly lower ETF inflows compared to the prior-year quarter and weak demand for jewelry pinned down by tax, along with regulatory changes in India led to the downfall this quarter. So far this year, demand for the yellow metal was down 12%. Total Investment Demand Suffers on Modest ETF Inflows Total investment demand plunged 28% to 334. (27-0)

How a Likelier Rate Hike Could Affect Gold

2017-11-17 marketrealist
Gold prices initially edged lower for the day on Thursday, November 16. However, they later turned marginally higher, closing at $1,278.2 per ounce. The economic numbers from the United States bolstered the possibility of the Federal Reserve raising interest rates next month and in 2018. (15-0)

Eldorado Gold: An Epic Opportunity

2017-11-16 seekingalpha
Even if you remove all "questionable" assets from the equation, what remains would still support EGO's current valuation. (14-0)

Kinross Gold’s Production Fell in 3Q17: Could 4Q17 Be Better?

2017-11-14 marketrealist
Kinross Gold (KGC) produced 653,993 gold equivalent ounces (or GEOs) for 3Q17, which is 4% lower than 3Q16. Lower production could be mainly due to the following: (24-1)

Kyle Bass predicts investors ready to put billions into Greek economy

2017-11-14 cnbc
Superstar hedge fund manager Kyle Bass thinks Greece is turning a corner on its decade-long debt crisis that mired the country in a depression and whacked 28 percent from GDP. The founder and chief investment officer of Hayman Capital Management, which has about $35 billion in assets under management, has a good pulse reading on the Greek economy and political climate. For years he's been invested in Greek bank stocks that are trading at a quarter of book value. (14-0)

IAMGOLD Beat 3Q17 Estimates—But Can the Stock Momentum Continue?

2017-11-10 marketrealist
IAMGOLD (IAG) reported its 3Q17 results after the market closed on November 7, 2017. The conference call to discuss the results with analysts took place the next day. (61-0)

Greece Puts $12.8 Billion Investments at Risk as Projects Stall - Bloomberg

2017-11-10 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (14-0)

Gold Fell Due to Economic Numbers and the US Dollar

2017-11-10 marketrealist
Gold fell on November 7 after witnessing a rise of almost 1% the previous trading day. Gold futures for December delivery fell 0.45% on Tuesday—likely due to profit-booking by investors after seeing the gains on Monday. Silver, platinum, and palladium also fell on Tuesday. They fell 1.7%, 1%, and 0.1%, respectively, on Tuesday. (48-0)

Eldorado Gold Suspends Mining Operations, Workers Sue Minister

2017-11-09 thenationalherald
In this undated photo provided on Monday, Sept. 11, 2017 by Hellas Gold company, an aerial view of a gold mine complex in Skouries, in the Halkidiki peninsula, northern Greece. (Hellas Gold via AP) (14-0)

AISC For Gold Miners In 2017 Show Profitability

2017-11-06 seekingalpha
The price of gold (NYSEARCA:GLD) was fairly flat in 2017, trading at $1250/ounce (see chart below from Kitco). (96-0)

Resource Sector Digest: Nevsun Resources - Trick Or Treat?

2017-11-03 seekingalpha
Please consider our cordial invitation to join Itinerant Musings for exclusive access to actionable research on mining and energy stocks. (76-1)

How the Fed Chair Pick Could Affect Gold

2017-11-01 marketrealist
On Tuesday, as the Bank of Japan kept its monetary policy steady, investors shifted their attention to other central bank meetings. The bank has slightly cut its inflation forecast for the current fiscal year. (45-0)