Thursday, December 31, 2015

U.S. Mint's silver coin sales hit record in 2015, gold sales up 53 pct

NEW YORK, Dec 31 (Reuters) - The U.S. Mint sold a record amount of American Eagle silver bullion coins and saw sales of its gold coins rise by a whopping 53 percent this year, it said on Thursday, as weak metal prices unleashed a fresh wave of buying by investors and collectors.


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PRECIOUS-Gold sinks 10 pct for third annual loss; tough year ahead

* Commodities 2015 performance http://ift.tt/LQUlde


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Saudi's Ma'aden says begins initial production at Barrick copper JV

DUBAI, Dec 31 (Reuters) - Saudi Arabian Mining Co (Ma'aden) has began initial production of copper at its joint venture affiliate with Canada's Barrick Gold Corp, the Gulf's largest miner said in a...


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Tuesday, December 29, 2015

Gold Futures Steady; Year-End Squaring Occurs In Light Volume

Gold futures were steady Tuesday with light year-end squaring of positions but traders not rushing to establish new ones.

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Silver Wheaton's Year In Review: Opportunities And Pitfalls Of A Weak Commodity Pricing Environment

Weakness in commodity prices, specifically the prices of gold and base metals, provided a conducive environment to Silver Wheaton for the acquisition of new streaming deals. Silver Wheaton duly capitalized on the opportunity provided by the weakness in commodity prices, announcing two major streaming agreements during the year. Though the subdued commodity pricing environment allowed Silver Wheaton to sign new streaming agreements, the decline in precious metal prices negatively impacted the company’s stock price.

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Gold prices inch up in thin trading ahead of U.S. data



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Monday, December 28, 2015

Coal, gold, and silver miners slump amid commodity rout



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Ex-Dividend Reminder: Dow Chemical, Agrium and Yamana Gold

Looking at the universe of stocks we cover at Dividend Channel, on 12/29/15, Dow Chemical Co. (NYSE: DOW), Agrium, Inc. (NYSE: AGU), and Yamana Gold, Inc. (NYSE: AUY) will all trade ex-dividend for their respective upcoming dividends. Dow Chemical Co. will pay its quarterly dividend of $0.46 on 1/29/16, Agrium, Inc. will pay its quarterly dividend of $0.875 on 1/21/16, and Yamana Gold, Inc. will pay its quarterly dividend of $0.015 on 1/14/16.

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Gold drifts lower in post-Christmas trade



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Saturday, December 26, 2015

The History of "Gold" Is Really The History Of The Gold/Silver Complex

Sometimes, funny-money promoters like to dangle the idea that the “gold standard,” in U.S. or world history, was a short-lived episode dating from about 1870 to 1914, a period of only forty-four years. I take a rather different viewpoint, that gold (and its adjunct, silver) was the primary basis of [...]

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DEFINING STAMP INVESTING

When you write about investing, as I have done for the last 30 years, there are two subjects sure to arouse strong opinions and lively debate, gold and stamps. The reason for this is that everyone involved in either has an opinion which no amount of debate is going to [...]

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Thursday, December 24, 2015

Last Surviving "Smokey & The Bandit" Pontiac Trans Am Up For Auction

It's equipped identically to the original movie specs including a Special Edition featuring the distinctive black and gold paint, removable T-tops, custom trim, deluxe interior, air conditioning, remote trunk lid release, power windows, power locks and an AM/FM radio with stereo 8-track player.

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Tapestries of Louis XIV are "Woven Gold"

A recent invitation to the Getty Center for a press preview of their new exhibit “Woven Gold: Tapestries of Louis XIV” (on exhibit through May 1, 2016) had me very excited for reasons beyond the sheer artistry and beauty of these monumental ancient hanging threaded creations. In this year, [...]

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Kitco Survey Shows Modest Optimism For Gold In Final Week Of 2015

There is optimism on gold among retail and professional investors as markets enter the Christmas holiday/New Year?s season, according to the last Kitco News Wall Street vs. Main Street Weekly Gold Survey of 2015.

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Gold rallies amid weaker dollar, ahead of Christmas holiday



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Thursday's ETF Movers: GDXJ, REM

In trading on Thursday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Silver Standard Resources (SSRI), up about 6.2% and shares of Silvercorp Metals (SVM.CA), up about 6% on the day.

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Gold Firmer on Short Covering Ahead of Long Holiday Weekend

Gold prices are modestly higher in quiet early U.S. trading Thursday.

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Gold posts modest gains as dollar weakens ahead of Christmas break



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Gold inches up ahead of Christmas break; U.S. jobless claims ahead



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Wednesday, December 23, 2015

Russia's Mechel, Polyus, Alrosa may get $444 mln from state budget - Interfax

MOSCOW, Dec 24 (Reuters) - Russia's coal and steel producer Mechel, gold miner Polyus Gold and state-controlled diamond producer Alrosa may receive 31 billion roubles ($444 million) of Russian budget...


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Gold falls mildly amid solid U.S. income, inflation data in November



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Tuesday, December 22, 2015

In China's jewellery hub, gold loses sparkle for wary buyers

* China's gold demand poised to dip for a second year in 2015


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In China's jewellery hub, gold loses sparkle for wary buyers

* China's gold demand poised to dip for a second year in 2015


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In China's jewellery hub, gold loses sparkle for wary buyers

* China's gold demand poised to dip for a second year in 2015


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PRECIOUS-Gold eases after two-day rally ahead of holiday

* GRAPHIC-2015 asset returns: http://ift.tt/1hgTLAE (Rewrites paragraph 1, updates prices; adds comment, second byline, NEW YORK dateline)


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PRECIOUS-Gold eases after two-day rally ahead of holiday

* GRAPHIC-2015 asset returns: http://ift.tt/1hgTLAE (Rewrites paragraph 1, updates prices; adds comment, second byline, NEW YORK dateline)











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Barrick Prepares For Sluggishness In Gold Prices As Fed Raises Interest Rates

The Federal Reserve announced a 25 basis point increase in the target range for the federal funds rate last week, a step that was widely expected. Though the rate hike was expected, it is indicative of the Fed’s belief in the sustainability of the economic recovery in the U.S., which has important implications for the trajectory of gold prices. Improving economic conditions dampen the investment demand for gold, which is largely considered a safe haven asset from an investment point of view.

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Gold Ends Weaker, Pressured by Upbeat U.S. GDP Data, Bearish Charts

Gold prices ended the U.S. day session moderately lower in a quieter trading session Tuesday.

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It Will Take Trillions of Euros to Save the European Union

The EU’s political leaders and other elites are committed to holding the European Union together. To them, united Europe is an article of faith. They hold the idea with as much ferocity and fervor as any religious belief. But while the European Union is a wonderful political idea, it’s economically terrible. And the EU nations will have to face up to bearing enormous costs to save the Europe we wished for. Why the Euro Doesn’t Work Many of us take our national currencies for granted and we assume there have always been dollars, pounds, or yen. In fact, for a long time, individual banks issued notes promising the holder to exchange the notes for gold upon demand. The concept of a national currency is actually one that came about very late in history.

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PRECIOUS-Gold holds gains from two-day rally as dollar retreats

* GRAPHIC-2015 asset returns: http://ift.tt/1hgTLAE (Updates throughout, changes dateline, pvs SINGAPORE)


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PRECIOUS-Gold holds gains from two-day rally as dollar retreats

* GRAPHIC-2015 asset returns: http://ift.tt/1hgTLAE (Updates throughout, changes dateline, pvs SINGAPORE)


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