The idea is that if gold continues to be below the cost of mining, then miners will stop mining and supply will disappear forcing gold prices up. Peter Schiff made this argument late last month. And so did Art Cashin. However, it's not completely …
FORTUNE — Gold is down more than 25% from its recent highs, leading some observers to declare it on track for its biggest one-quarter decline since the Bretton Woods system collapsed in 1971. This is a bit misleading: the average price of gold in 1971 …
(Kitco News) – Comex August gold futures climbed higher in overnight action, supported by modest weakness in the dollar. The markets are correcting from Friday's big moves. Daily momentum turned supportive for the August gold contract, which could …
(Kitco News) – Gold prices are solidly higher in early U.S. trading Monday, on a technical correction and short-covering bounce from Friday's strong losses. Some bargain hunting and safe-haven demand are also in the mix Monday morning. August gold was …
Generally, gold prices are supposed to rise when the economy weakens. The basic idea is that gold is beautiful, finite, and scarce, a physical anchor in a sea of floating paper currencies. But the relationship between precious-metal strength and …
PORTLAND, Ore. — There's a little angel standing on one of my shoulders, and a little devil standing on the other, and they're arguing over, of all things, the United States in the 2013 CONCACAF Gold Cup. The U.S. opens the biennial regional …
PRAGUE, Czech Republic — Oklahoma State sophomore Marcus Smart and the USA Basketball Men's U19 team defeated Serbia 82-68 Sunday night in the gold-medal game of the FIBA U19 World Championships. It is the United States' fifth gold medal, but …
(Kitco News) – Gold prices ended the U.S. day session with good gains Monday, on a technical correction and short-covering bounce from Friday's strong losses. Some bargain hunting and safe-haven demand were also featured. The weaker U.S. dollar index …
"The list is a snapshot that really reflects the changes in the Chinese economy. Not only the domestic Chinese economy, but increasingly as China goes out in the world, you're see many more of their companies derive revenue from sources outside of the …