Gold mining stocks are trading at their cheapest level in at least nine years even as the industry’s profits are estimated to almost double this year and bullion trades close to its historic high. The benchmark NYSE Arca...
Read MoreFollowing seasonal patterns has worked fairly well this year and with December just days away it’s useful to look at the historical statistics. December has been the best month of the year since 1950. Given the oversold...
Read MoreCentral banks in the U.S., England, Canada, Japan and Switzerland along with the European Central Bank announced on Wednesday that they are taking steps to make dollars readily available to troubled banks in Europe. The plan is...
Read MoreFaced with an economy that appears to be slowing faster than economists forecast even a month ago, the Chinese government on Wednesday unexpectedly reversed its yearlong move toward tighter monetary policy and took an important...
Read MoreFrustrated by market volatility over the European debt crisis and uncertain U.S. economic outlook, the so-called smart money-hedge funds-has thrown in the towel for 2011 and pulled out of stocks, according to fund managers, SEC...
Read MoreThere’s something that worries Marc Faber more than Europe: China. Faber warned of a China crash in an interview today with King World News.He says the slowdown is evident from his home in Chiangmai, Thailand: “In...
Read MoreThe Federal Reserve moved Wednesday with other major central banks to buttress the financial system by increasing the availability of dollars outside the United States, reflecting growing concern about the fallout of the...
Read MoreBy Dominique de Kevelioc de Bailleul In a gesture of highlighting the glaring impediments and equally exciting opportunities facing the silver industry today, Sprott Asset Management CEO Eric Sprott issued a “A Call to...
Read MoreWith gold trading above $1,700 and silver over $32, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management to get his take on where he sees gold, silver and...
Read MoreInvestors need to prepare for three possible outcomes to the European debt crisis, including the worst-case scenario in which the monetary union is left in tatters, Pimco’s Mohamed El-Erian told CNBC. While Wall Street...
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