(06:20 am 05/05/2016 )
Legendary billionaire investor Stanley Druckenmiller told Sohn Investment Conference attendees to sell their equity holdings Wednesday. "The conference wants a specific recommendation from me. I guess 'Get out of the stock market' isn't clear enough," ... Read more...
WASHINGTON (Alliance News) - Gold stocks have shown a substantial move to the downside during trading on Wednesday, dragging the NYSE Arca Gold Bugs Index down by 5.6%. With the drop, the index continues to give back ground after reaching its ... Read more...
Separately, Kinross Gold has a "hold" rating and a letter grade of C- at TheStreet Ratings because of the company's solid stock price performance, impressive record of earnings per share growth and compelling growth in net income, which is offset by ... Read more...
Gold stocks have been all the rage this year. The go-to fund for gold-miner exposure, the Market Vectors Gold Miners ETF (GDX), is up 75%, besting the performance of virtually everything else. The sudden strength comes following a bear market of epic ... Read more...
If there ever was a contrarian buy when 2016 started, it was gold stocks. The spot price had already been hammered when some firms came out and said the precious metal would plummet to $900. But a funny thing happened on the way to the bottom, the ... Read more...