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3 ETFs To Play The Gold Breakout
Tuesday, May 11, 2021 - 5:00pm | 349Read More...The gold bugs are rejoicing. A crisis on the southern border, another war brewing in the Middle East, a successful cyberattack on one of the nation's energy pipelines, and obvious signs of inflation have resulted in a flight to safety. The price of gold has risen almost 10% since early April....
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Gold Breaks Out, Apple Breaks Down
Tuesday, May 11, 2021 - 9:15am | 306Read More...Gold investors have been waiting for this, The metal has been trending lower since August and after rebounding in April, it ran into resistance around $1,780. That put a halt on the rally. Now that resistance has been broken and a big move higher has been made. The sellers who created the...
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Friday's Market Minute: Breakdown Of Yields, Gold, And The Nasdaq
Friday, May 7, 2021 - 10:05am | 461Read More...Gold has finally broken above the psychological barrier of $1,800. The precious metal has slowly been extending its gains in what looks like a convincing breakout. Falling U.S. Treasury yields have been one of the reasons underpinning the latest moves, since nominal rates do not express the true...
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Pandora Stops Using Mined Diamonds, Switches To Lab-Grown Gems
Tuesday, May 4, 2021 - 11:08am | 424Read More...Pandora A/S (OTC: PNDZF), the Denmark-headquartered jewelry manufacturer and retailer, has announced it will no longer use mined diamonds in its product line. What Happened: The company is replacing the mine-based gems with a diamond collection created in laboratories. According to the company...
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Bitcoin Gaining Favor Over Gold As Retirement Planning Asset: Report
Thursday, April 29, 2021 - 5:04pm | 426Read More...When it comes to retirement planning, a growing number of Americans are putting their faith in Bitcoin (CRYPTO: BTC) over gold. Kiss My Asset: According to a new LendEdu survey of 1,000 adults conducted on April 21, 56% of respondents said Bitcoin was the better investment to maximize profits,...
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Carlyle Commodities, Riverside Resources Report High-Grade Gold Discovery In Mexico
Tuesday, April 27, 2021 - 7:59am | 556Read More...Carlyle Commodities Corp (Pink: DLRYF), a partner of Hunter Dickinson, released the second batch of results Tuesday from its recent drill program in Sonora, Mexico. What Happened: Together with its other partner Riverside Resources Inc. (OTCQB: RVSDF), Carlyle Commodities, a Vancouver-based mineral...
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4 Sentenced Over $8 Million Scheme That Promised To Turn Dirt Into Gold
Saturday, April 24, 2021 - 12:22pm | 589Read More...Four people, two from Utah and California, have been sentenced for their role in an $8 million telemarketing fraud scheme that promised investors that their business could extract gold from dirt. How It Unfolded: According to the U.S. Department of Justice, beginning in 2014 ...
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3 Stocks To Buy Before The Gold Breakout
Wednesday, April 21, 2021 - 7:49am | 527Read More...Is it time to buy Barrick Gold Corporation (NYSE: GOLD), Golden Star Resources (NYSE: GSS), and Franco-Nevada Corporation (NYSE: FNV)? Many parts of the stock market look weak, but that's not the case with the gold companies. A number appear to be on the verge of a breakout because gold...
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Tuesday's Market Minute: Inflation, Rates, And Gold
Tuesday, April 20, 2021 - 10:07am | 388Read More...The U.S. and global economies are surging back from the pandemic. Unemployment is dropping, lockdowns are less restrictive, and the demand for investment and consumption are on the rise. These factors alone are a recipe for strong growth, higher interest rates, and a stable dollar as economies in...
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How Dogecoin Found An Unlikely 'Supporter' In Gold Bug Peter Schiff
Monday, April 19, 2021 - 9:55pm | 913Read More...Dogecoin (DOGE) has received ample attention from gold bug Peter Schiff on social media who theorized that the meme cryptocurrency "is eating" Bitcoin (BTC). What Happened: Schiff said on Twitter that those BTC pumpers who claim that BTC is better than gold because its...
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Exclusive: US Gold Corp Founder Says Gold Could Provide 'Incredible Returns' In Years Ahead
Thursday, April 15, 2021 - 12:03pm | 425Read More...On a day when the talk of the markets is all things cryptocurrency-related, gold certainly has its place as well, U.S. Gold Corp (NASDAQ: USAU), founder Ed Karr said Wednesday on Benzinga's YouTube show "Power Hour." Investors can be bullish on both gold...
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Will Bitcoin Be Banned Like Gold Once Was In The US? Ark Invest And Cathie Wood Weigh In
Wednesday, April 14, 2021 - 11:01am | 478Read More...Ark Invest held its monthly investor webinar on April 13. Among the topics discussed was Bitcoin and whether the cryptocurrency could ever get banned. What Happened: Ray Dalio recently stated there is a good probability that Bitcoin gets outlawed. The Ark Invest team was asked about their thoughts...
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Bitcoin Could Be Today's 'Gold Standard,' Cathie Wood Tells Elon Musk
Monday, April 12, 2021 - 11:05am | 572Read More...ARK Invest CEO Cathie Wood thinks that Bitcoin (CRYPTO: BTC) could be today’s “gold standard” and increase purchasing power. What Happened: Wood’s recent comments were a part of her response to Elon Musk’s question about the current ratio of the S&P...
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10 Gold Stocks That Could Be The Next Buyout Targets In Industry Consolidation Wave
Tuesday, April 6, 2021 - 1:36pm | 611Read More...Inflation concerns haven’t delivered the gains gold investors had hoped for in the SPDR Gold Trust (NYSE: GLD) over the past year. However, Bank of America analyst Michael Jalonen said Tuesday the wave of M&A activity in the gold space has carried over into 2021, and he expects even...
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If You Invested $1,000 In the GLD Gold ETF 1 Year Ago, Here's How Much You'd Have Now
Saturday, March 27, 2021 - 9:06am | 642Read More...Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 74.3%. But there is no question some investments performed better than others along the way. Gold’s Disappointing Year...
