ETFs to Watch June 18, 2012 (BND, EUO, GREK)
June 17 2012 3:45 AM
Here is the ETF Professor's ETF Watch List for Monday June 18, 2012.The Global X FTSE Greece 20 ETF (NYSE: GREK) and the Vanguard MSCI Europe ETF (NYSE: VGK) will be in the spotlight.
Gold, Guns and Gas: Three Ways To Keep Your Money Safe
June 08 2012 12:40 PM
The world's economies have fallen to their weakest level since the recession officially ended in 2009. German and U.S. bonds actually charge buyers interest rather than pay buyers interest. The euro zone's survival appears at genuine risk and China's red-hot economy, the second-biggest in the world, is not so red hot any more.
How to Profit from Libya's Oil Rebirth
January 06 2012 12:25 PM
When political violence started in Libya in February 2011, it wasn't surprising to see oil production there drop.
SPDR Investors, Gold Options Traders Remain Steady
September 28 2011 7:28 AM
Amid the second-largest gold sell-off since 1983, the casual observer could be forgiven for thinking that investors were dumping bullion in droves.
Gold Rebounds With Other Safe Havens
September 16 2011 8:42 AM
Gold prices rebounded Friday, along with other safe-haven investments, literally hours after dropping sharply on word that the world's biggest central bankers were jointly moving to protect the eurozone's commercial financial institutions.
Indonesian Strike at Freeport McMoRan's Cooper, Gold Mine Delays Outbound Shipments
September 16 2011 7:52 AM
A strike involving thousands of workers at Freeport McMoRan's Indonesian copper mine and port has delayed around 133,000 tonnes of copper ore concentrate shipments, industry officials said on Friday.
B2Gold Reports More Gold at One of its Nicaraguan Mines
September 15 2011 10:39 AM
Canada's B2Gold Corp said high-grade gold zone at Jabali in its La Libertad property has increased and it has started environmental studies and metallurgical test work.
Euro Skepticism Weighs on Asian Currency Traders
September 15 2011 7:28 AM
The euro slipped in Asia on Thursday, with initial relief over assurances from Germany and France about keeping Greece in the euro bloc wearing off amid scepticism over whether euro zone policymakers can really help Athens avoid default.
Colombian Gold Mine Accident Kills Seven
September 14 2011 2:04 PM
A gold mine collapsed on Wednesday in a remote Colombian jungle, killing seven workers and adding to the troubles of the country's mining sector.
Silvercorp Shares Extend Losses
September 14 2011 11:20 AM
Shares of China-focused Silvercorp Metals slipped again on Wednesday, a day after more short-sellers publicized a string of allegations against the company.
Peruvian Mining Company Workers Launch Strike
September 14 2011 9:24 AM
Workers at Peru's Cerro Verde mine, which accounts for about 2 percent of global copper output, started an indefinite strike for better pay and benefits on Wednesday, a union leader said.
Zimbabwe Officials Seek to Assure Mining Companies
September 14 2011 8:08 AM
Zimbabwe has no intention to cancel the mining licenses of foreign mining groups and will continue talks with some miners over a law requiring them to give Zimbabweans a 51 percent stake in their local holdings, the country's mines minister said on Wednesday.
Silver Prices Fall Late in Day on Profit-Taking, Fears about Europe
September 13 2011 5:32 PM
Silver prices fell in electronic trading Tuesday afternoon following a big 2.4 percent gain during floor trading as the possibility that Europe's industrial activity will plunge took some shine off the white metal.
Condor Resources up on Silver Discovery in Peru
September 13 2011 11:02 AM
Shares of Canada's Condor Resources Inc rose as much as 15 percent on Tuesday, a day after the base metal miner said it discovered high grade silver at its Peru project.
Gold Equities Have Lagged Gold Prices Year-to-Date
September 12 2011 9:34 AM
Gold equities have underperformed gold prices so far this year, providing an opportunity for investors hoping to ride the metal's bull run, a senior executive at BlackRock, the world's largest money manager, said on Monday.
Gold, Silver Mining Companies Post Broad-based Gains
September 08 2011 4:30 PM
Gold mining companies rose Thursday in U.S. trading along with the price of the yellow metal on increased purchases of bullion, an unexpectedly downbeat unemployment report and very little evidence that the domestic economy has much energy.
Silver Prices Clawing Their Way Back Up
September 07 2011 12:24 PM
Silver prices clawed their way back to near a breakeven point Wednesday after falling early in the day's session by 3.5 percent, a performance that easily outshined gold's movement in early afternoon trading.
World Stocks Rise After German Court OKs Greek Aid
September 07 2011 7:43 AM
World stocks rose from a two-week low on Wednesday and the euro rebounded across the board after Germany's top court rejected lawsuits aimed at blocking Germany's participation in bailout packages for Greece and other euro zone countries.
Profit-Taking, Euro Zone Worries Cut Gold Down in European Trading
September 07 2011 7:11 AM
Gold prices were down 1 percent in Europe on Wednesday after a volatile session in Asia as skittish investors cashed in gains after the precious metal's rally to record highs, though concerns over euro zone debt still underpinned the market.
Silvercorp Counterattacks its Accuser, Shares Surge
September 06 2011 4:59 PM
Shares of Silvercorp Metals Inc. jumped Tuesday after the Canadian company that mines for silver in China launched a public relations campaign to vindicate its reputation.