Posts Tagged ‘street’

Gold futures eased Friday after better than expected US jobs data made further relaxation in Fed monetary policy, already very loose, less likely. The April gold contract, the most actively traded on the New York Mercantile Exchange, gave up $23.00, over 1%, at $1,742 from a high of $1,765 a troy ounce before the news broke. Futures settled Thursday at an 11-week high after ... Full story

When it comes to picking gold mining names in the current market environment, John Stephenson, author and portfolio fund manager at First Asset Investment Management, believes that buying the “best of breed” is the way to go. In this exclusive interview with The Gold Report, he explains his reasoning in light of how the current global economic environment is affecting prospects for the metals ... Full story

The Wall Street Journal reports Peru on Friday announced a programme of social and infrastructure investments in its poor Cajamarca region aimed at winning over local protesters who have brought to halt Newmont Mining’s $4.8 billion Conga project over environmental concerns. Protestors, led by Cajamarca’s Maoist governor Gregorio Santos, say Conga will destroy the environment by transforming four high Andean lakes into reservoirs for ... Full story

Gold is ringing out the year on a sour note, dropping below $1,550/oz and losing nearly 10% of its value in the last month. Falling gold prices have weighed down the TSX, which is up only 0.6 % over the last month while down in the United States’ S&P 500 is up 5.45% over the same period Full story

Ron Paul has an investment portfolio that’s worth anywhere between $2.44 million and $5.46 million, and the Wall Street Journal has taken a closer  look  at his holdings. Full story

At least you can say this about Ron Paul: he puts this money where his gold-loving mouth is. According to Total Return, The Wall Street Journal's finance blog, the ultra-consistent ultra-libertarian invests a eye-popping 64 percent of his moneys in the... Full story

Amid a chorus of gold mining pundits yelling for investors to snap up cheap gold equities is Ian McAvity, a 50-year veteran of the markets, telling investors to wait. In this exclusive interview with The Gold Report, McAvity, who produces Deliberations on World Markets, explains why historical cycles lead him to believe the market is in for some new lows and what that means ... Full story

Though late to the party as usual, the proverbial man on the street – along with members of mainstream media and Wall Street heavyweights – is finally waking up to the decade-long, 700% increase in the price of gold, joining a growing buzz around the monetary metal. Full story

- 67 WALL STREET, New York - November 4, 2011 - The Wall Street Transcript has just published its Value Investing Strategies Report offering a timely review to serious investors. This special feature contains expert industry commentary through in-depth interviews with highly experienced Portfolio Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online . Full story

As Occupy Wall Street protesters continue to linger around town squares across North America and Europe, precious metals commentator Peter Schiff wades into the maelstrom. In the exchange below, Schiff tangles with one Wall Street "occupant" over slavery, Wall Mart, Apple and American jobs: Full story