Dr. Rick C. Ernst
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Gold

Asian Futures Heed U.S. Rally as Alcoa Reports; Yen Gains
www.bloomberg.com

U.S. stocks rose for a fourth day amid optimism companies will report better-than-forecast earnings for the second quarter. Gold advanced and the yen weakened, while the British pound touched a three-year low. The MSCI All-Country World Index climbed 0 …

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USA vs. Belize Gold Cup preview
www.washingtonpost.com

Juergen Klinsmann and the U.S. national team open the CONCACAF Gold Cup tonight with a matchup that is lopsided on paper — and promises to be one-sided in outcome. The opponents are the Jaguars of Belize, who are making their debut in a major …

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SHFE Extends Gold-Trading Hours As China's Market Continues To Develop
www.forbes.com

“It's one more indicator of China's significant interest in gold and desire to become a global force in the gold market,” said Jeffrey Nichols, managing director of American Precious Metals Advisors and senior economic consultant to Rosland Capital …

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Martinique defeats Canada 1-0 in Gold Cup
www.usatoday.com

PASADENA, Calif. (AP) — Fabrice Reuperne scored with less than a minute remaining in stoppage time to lift Martinique to a 1-0 victory over Canada in the opening round of the CONCACAF Gold Cup on Sunday at the Rose Bowl. Martinique controlled most …

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Paulson's gold fund loses 65% so far this year. Wow.
blogs.marketwatch.com

That summed up a few Twitter reactions to news that billionaire hedge-fund manager John Paulson's gold fund has lost 65% year-to-date, after tumbling 23% last month. Losses for his PFR Gold Fund came on the heels of the Fed's effort to prepare the …

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Shares Of Yamana Gold Fall Amid Lackluster Earnings Outlook
www.forbes.com

Investors have been fleeing gold investments this year and the tarnish on the yellow metal has spilled into gold stocks. Canadian gold producer Yamana Gold Yamana Gold has been a causality of the bear market in gold, as shares are down 47% year-to-date …

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Ask Matt: How bad can the gold crash get?
www.usatoday.com

Gold is an extremely risky asset that's been associated with rampant volatility and price swings for decades. There have been some vicious downturns in the price of gold, according to data from Winans Investments. There have been six major bear markets …

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Gold borrowing cost hits post-Lehman high
www.ft.com

The squeeze has triggered a sharp rise in gold leasing rates – the implied interest rate for lending gold in the market in exchange for dollars. The one-month gold leasing rate has risen from 0.12 per cent a week ago to 0.3 per cent on Tuesday, the …

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Taking Another Look At Barrick Gold After Its Slump
www.forbes.com

Barrick Gold Corporation's has seen its stock price plummet in the last month from about $21 to $14-15, a precipitous drop of nearly 25%. Year to date it's even uglier with the shares down 60%. It's not just Barrick Gold Barrick Gold that's reeling …

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