ABX
ABX Articles
Gold and silver have finally indicated that the free fall we saw over the last month may have at least stabilized. The markets are mixed today in the commodities and the miners and we admit that no...
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For those who believe that the price of gold is going to rise, Royal Gold Inc. (NASDAQ: RGLD) may be worth another look. Shares are essentially flat over the past 12 months, but the company’s...
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The major US stock indexes opened lower this morning following dismal reports from Europe on manufacturing (our coverage here) and unemployment (more coverage here). The ADP report on US unemployment...
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Gold has been trading in a fairly narrow range between $1,600-$1,700/ounce for the past two months after ending 2011 at around $1,525/ounce. Gold prices spiked to near $1,800/ounce in February, but...
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The major US stock indexes opened flat this morning but started to move higher following the better-than-expected ISM report on manufacturing (our coverage here). Construction spending in the US was...
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There is no point in arguing about it. Gold and silver are just the wrong trades in the current state of the markets. Hope may be near for support, but there are risks to having too much...
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Barrick Gold Corp. (NYSE: ABX) has announced this morning that the company will issue $2 billion in debt securities, the proceeds of which will be used: primarily to repay existing indebtedness under...
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Gold is trying to recover on Thursday as it moves back and forth between being a risk-trade asset and an end of the world trade. While gold may be on the mend or at least trying to find some...
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The metals and materials sector, including miners, has been hit hard by the weaker global economy. China’s manufacturing slowdown, the turmoil in Europe, and slow growth in the US have caused...
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Stocks opened higher this morning following upbeat reports on unemployment claims and new housing starts. With a little more than a half hour left in today’s session, all three indexes have made...
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Thursday is a fairly busy day for earnings expectations. We are expecting the following reports: Advance Auto Parts Inc. (NYSE: AAP); Apache Corporation (NYSE: APA); Applied Materials Inc. (NASDAQ:...
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Earlier this week, Kinross Gold Corp. (NYSE: KGC) released a preliminary statement on 2012 production, mining costs, and a writedown a portion of $4.6 billion in goodwill on an African property....
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Asking a technician or chartist about directional movement is often mind-numbing for fundamental investors. Basing future price movement prediction solely on the past without a care about the...
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Most U.S. research analysts do not make research calls the day after Thanksgiving but these are a few analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning....
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