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Slowing economic growth globally has led for some rough days on Wall Street lately.The Dow Jones industrial average and the Standard & Poor’s 500 index are both down by 6 percent so far this year. It’s sometimes hard to figure out where to park one’s money during an economic downturn.Still, analysts have a few ideas on how to capitalize on the slump – or at the very least minimize losses or stash away capital until markets begin to recover.Gold, treasuries and other bonds tend to be so-called haven investments, where investors often park their cash until equities recover. Like clockwork, [...]

After correcting immediately after the President’s Day holiday, gold regained strength in the subsequent trading days, holding comfortably above the important $1,200 level. Widespread reports of significant physical demand persist, and the market is buying large amounts of paper gold as well: according to U.S. fund flow data for the two weeks ending February 17th, $3.2 billion was poured into gold funds. Using the same data set, in the seven weeks ending February 17th, $53 billion was pulled out of equity funds, signaling major uncertainty about the stock market amongst investors. One metal whose performance that has been overlooked in [...]

Gold and silver futures on Tuesday bounced from their prior-session losses with declines in stocks supporting safe-havens. Gold for April delivery gained $12.50, or 1%, to settle at $1,222.60 an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Cyprium Mining Corp. (TSXV:CUG) announced that its signed an agreement with a Mexico-based mining contractor regarding the rehabilitation of shaft #3 atits Potosi silver mine. As quoted in the press release: The rehabilitation of shaft #3 consists mainly in the installation of a new hoist, the overhaul of the rail system for the extraction of mineralized material and the installation of the necessary drilling and mining equipment and infrastructure at level 3 and 4 of the mine. Once Cyprium receives the second tranche of the US $4.5 million bond financing announced in March 2015 (the Bond Financing) for an amount [...]

Josh Sigurdson and John Sneisen of World Alternative Media interviewed Mark OByrne, co-founder of GoldCore, late last week. The value of silver and gold during bail-ins and in a financial crisis was covered and other topics covered included History of gold and silver asmoney How gold retains value while paper money always reverts to zero eventually Importance of owning silver and gold in safest ways possible Dont bedependent on any one counter party as it is a financial and technology risk The manipulation of gold prices Insane bail-in regimes which are comingJosh Sigurdson and John Sneisen of World Alternative Media [...]

Last Friday, the S&P/TSX Composite index (INDEXTSI:OSPTX) fell 0.9 percent, or 118 points, to 12,8134 points. The index climbed 3.5 percent for the week as a whole, and is the best-performing developed market in the world so far in 2016. The top-gaining resource stock on the TSX last week was Platinum Group Metals (TSX:PTM,NYSEMKT:PLG), and it was followed by Americas Silver (TSX:USA), Altius Minerals (TSX:ALS), Silvercorp Metals (TSX:SVM) and North American Palladium (TSX:PDL). Here's a look at what moved the share prices of those companies last week. Platinum Group Metals As mentioned, Platinum Group Metals was last week's top-rising resource [...]

The gold price is down from last week's impressive high of $1,260.60 per ounce, but not by too much. As of 12:00 p.m. EST on Friday, it was changing hands at $1,230.75, and earlier this week touched $1,237. According to Reuters, the yellow metal continues to be buoyed by "turmoil in the wider financial markets," which is increasing gold's appeal as a safe-haven asset, and also lowering expectations that the US Federal Reserve will further increase interest rates this year. "Momentum is strong. [On Thursday] gold moved up even when the dollar was stronger, so for me that signals that [...]

"Leave a million dollars with a bank, and in a year, you get only something like $990,000 back," Marc Faber, respected publisher of the Gloom, Boom & Doom Report, told Bloomberg by phone yesterday."I would rather want to own some solid currency, in other words ... gold" warned Faber.Gold bears for years fed off the prospects for higher borrowing costs. Now bulls are thriving in a world where negative rates are becoming commonplace.The Bank of Japan adopted negative rates last month to spur growth, joining central banks in Denmark, the euro area, Sweden and Switzerland. With about a quarter of [...]

In an interview with InvestmentPitch.com Kootenay Silver (TSXV:KTN) discussed their recent announcement of an option with Pan American Silver on Kootenay's Promontorio Mineral Belt silver properties in Mexico. Pan American, through its Mexican subsidiary, can earn a 75% interest in both the Promontorio and La Negra deposits. The post Kootenay Silver's Mexican Promontorio Mineral Belt Silver Properties Optioned to Pan American Silver appeared first on Investing News Network.

Gold is holding solidly above $1,200, brushing off news of the freshly released Fed minutes. Iranians cautiously welcome the Saudi-Russian oil production pact, while stating that they support cooperation to achieve higher oil prices, they also have domestic pressure to ramp up export of supply and cash in after years of being locked out of the market. This may possibly weigh down future oil price rises.Gold in USD -1 YearInterestingly, one of the biggest gold bears, ABN AMRO group have changed their long-held negative slant on gold and turned bullish -- targeting $1,300 for 2016, stating that the global economy [...]