Luxury

Luxury Articles

Gold has seen a major run-up even before the Middle East and North Africa strife.  This has lent support to many gold mining stocks and gold royalty players as well along with the growing number of...
24/7 Wall St. reviewed how Americans spend money. One of the conclusions of this analysis is that consumer spending is relatively alive and well, despite the recession. This may mean that Americans...
Arbitrage trading and spread trading is not without risks.  Just ask those who decided in late-January that Brent Crude was widening out too much compared to historic spreads against West Texas...
Everyone loves to see Warren Buffett’s portfolio changes, but in some cases it is more important what other gurus are doing with their assets under management.  George Soros and John Paulson are...
Using charts alone is something that may not make sense to most people. Still, thousands of investors make a living at just that.  Fundamentals be damned!  We do not subscribe to the notion that...
Today’s action is showing a very favorable move to Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) after news that Newmont Mining Corporation (NYSE: NEM) is acquiring Fronteer Gold Inc. (AMEX:...
Newmont Mining Corporation (NYSE: NEM) is doing what we would have expected to see more of in late 2009 and into 2010.  It is making an acquisition. The company is buying a Canadian company called...
Even if 2011 has gotten off to a rough start for gold, everyone knows that the value of gold is at historic highs.  What is interesting is that there is rarely a discussion about which countries...
2011 is not looking at all like 2010 when it comes to the initial trading for gold prices.  This morning we see that Gold is trading lower yet again in London and the gold bugs have to be wondering...
Gold was the darling trade for commodity investors and those seeking safe harbors as central banks printed money and promised to dilute their currencies for the future.  The first trading day of the...
Since hitting a new high of more than $1,430 on December 7th, the price of gold has settled down again (sort of) to around $1,385. There appear to be several factors at play here, most pushing the...
Traders and investors have generally tended to flock to the SPDR Gold Shares (NYSE: GLD) for the gold trade when it comes to an exchange-traded product backed by real gold.  That has not kept...
Apple Inc. (NASDAQ: AAPL) and gold have both been major gainers this year.  That makes it hard to ignore the notion that the gold trade may have become almost the same as the Apple trade.  After...
There is becoming an ETF for everything, and now a new combined metals ETF is being launched that will hold hold silver, platinum and palladium in fixed weights.  ETF Securities announced today that...
Goldman Sachs periodically updates its outlook on sectors and the economy with a one to two-year horizon.  Yesterday’s upgrade of economic output in 2011 is accompanied by some interesting aspects...