The gold bulls are back. The price for the metal just breached $1,400 a troy ounce, its highest level since 2013. The move opens the possibility that investor appetite for the metal is rising. If we are indeed entering a major bull market for the metal then savvy investors should consider buying smaller cap gold mining stocks rather than either the metal itself or the larger miners. The easiest...Read More
Barrick Gold Corp. (GOLD - Get Report) said Monday it has been awarded nearly $6 billion in damages related to a 2011 arbitration case involving it and a partner being denied a mining lease in Pakistan. Toronto-based Barrick announced on Monday that the World Bank International Centre for Settlement of Investment Disputes, or ICSID, has awarded $5.8 billion to Tethyan Copper Company Pty L...Read More
Anyone bullish on precious metals should consider silver instead of gold. The white metal tends to see far more volatility, which is an advantage for traders in an up-trending market. Plus, silver prices are still playing catch-up with gold based on historical price analysis. To profit from the phenomenon, investors should consider buying the iShares Silver Trust (SLV - Get Report) exchange-tr...Read More