Dr. Rick C. Ernst
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Gold

UPDATE 2-Agnico Eagle reports loss, reviews business amid weak gold price
www.reuters.com

TORONTO, July 24 (Reuters) – Gold miner Agnico Eagle Mines Ltd reported a net loss on Wednesday, hurt in part by a maintenance shutdown, and said it is "reviewing all aspects" of its business in light of the recent drop in gold prices. Gold prices have …

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Growth based on cheap money and artificial mortgages is fool's gold
www.guardian.co.uk

The chancellor will claim he's pulling off the well-known royal baby effect if, as expected, growth figures improve on Thursday. Prince Charles's birth in 1948 came as Britain entered a quarter-century of recovery, Prince William's heralded green …

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Gold Falls as US Home Sales Signal Reduced Need for Stimulus
www.bloomberg.com

By Debarati Roy – 2013-07-24T15:10:59Z. Gold fell for a second straight day as sales of new U.S. homes in June rose to a five-year high, adding to signs of improved economic growth that may prompt the Federal Reserve to slow financial stimulus measures.

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Cowboys Stadium fails field test ahead of Gold Cup semis
sportsillustrated.cnn.com

ARLINGTON, Texas — The first hint that something might be amiss with the temporary grass field for Wednesday's Gold Cup semifinals came when I saw the pile of green sand at Cowboys Stadium. It's for filling the gaps in the seams of the field, which …

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Gold suffers worst day in nearly three weeks
www.marketwatch.com

SAN FRANCISCO (MarketWatch) — Gold prices fell sharply on Wednesday, suffering their biggest single-session drop in almost three weeks, just two days after their largest gain in over a year. Strength in the U.S. dollar and a surge in new U.S. homes …

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Govt moves closer to gold import quota to stifle demand
economictimes.indiatimes.com

MUMBAI/SINGAPORE: The government has upped the ante in its drive to restrict gold imports into the world's biggest consumer, introducing regulations that stop just shy of imposing quotas as it tries to stifle demand ahead of a key buying season and …

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South African Unions Declare Deadlock in Gold Mining Wage Talks
www.bloomberg.com

About 60 percent of gold-mining operations in South Africa, the sixth-biggest producer, are unprofitable, the chamber said July 15. Gold has dropped 30 percent from an intraday high of $1,921.17 an ounce in September 2011, including a record three …

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Anthony Joshua's pro debut Oct. 5
espn.go.com

England's Anthony Joshua, who won the 2012 Olympic super heavyweight gold medal in front of the home fans in London, is going pro a year after his biggest amateur triumph. The 23-year-old Joshua, who stands at an imposing 6-foot-6, has signed with …

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Colombia Illegal Gold Mines Prosper in Global Rout
www.bloomberg.com

Colombia has been luring gold prospectors since Spanish conquistadors pursued the mythical city of El Dorado. In the 19th century, the country was among the world's largest producers, only to slip down the rankings a century later amid decades of violence.

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