Barrick Gold has declared a debt securities sale worth $750 million in aggregate principal notes that are due to mature in 2019 at a 6.95 per cent rate. For full story, click here
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Gold prices showed signs of volatility after its peak of $ 1,000 per ounce level but the gold related stocks on BSE and NSE seems to have benefited on the confidence of investors in the commodity than the stocks. For full story, click here
By Dave Brown – Exclusive to Gold Investing News The old trader’s maxim – First Move, Wrong Move - is often used to describe the absolute despair and euphoria which tend to coexist in the world of behavioral finance, manifesting themselves in market activity. The observations of last week-end and the start of this week suggest that perhaps [...]
By Dave Brown – Exclusive to Gold Investing News The U.S. Federal Reserve said it will circumvent troubled banks in order to lend directly to American corporations for the first time since the Great Depression, in addition to implying further rate cuts; combining for a blend of both traditional and more innovative approach [...]
By Dave Brown – Exclusive to GoldInvestingNews.com “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of [...]
By Dave Brown – Exclusive to Gold Investing News On Tuesday, U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke advocated rapid legislative approval of the plan for the Treasury to spend up to US$700 billion to obtain distressed assets from the banks. Questions about the oversight of the bailout- whether the proposal [...]