Gold Investors Benefit from Rate Cuts: Gains from ETFs and Increased Demand for Haven Assets
“We still likely have upside, as the dollar continues to weaken, interest rates are coming down and then there’s a healthy dose of geopolitical uncertainty that makes gold an attractive option for investors,” said Miskin, who is co-chief investment strategist at the fund. Robert Crayfourd, who co-manages the CQS Natural Resources Growth & Income fund […]
Gold Loses Luster Following Fed Announcement – MINING.COM
That made for a serious 2.0% intraday drop post-Fed, leaving gold down 0.5% to $2,555 by the close! That reaction looked stunning and anomalous to many traders given the super-dovishness spewed by the FOMC. Its first rate cut in 4.5 years was a crisis-level 50bp instead of the usual 25bp. Just hours earlier, a Bloomberg […]
7 Top Performing Stocks Priced Under $10 Likely to Benefit from Rate Cuts
To understand the allure of buying the best stocks under $10, it’s a good idea to go back to basics. A stock’s price reflects how much you pay for one dollar of a company’s earnings. So, investors will generally want to pay as little as they can today. The benefit is two-fold. First, they can […]
The Implications of the Recent Mortgage Amortization Rule on…
In a landmark decision, the Liberal government introduced new mortgage rules allowing Canadians to pay off their mortgage over 30 years, up from the previous bar of 25 years. Under the new rule, which comes into effect on Dec. 15, 2024, first-time homebuyers and buyers of newly built homes can now stretch their amortization period—the […]
Short-seller criticizes New Found Gold for insufficient resource despite extensive drilling
Iceberg Research, which doesn’t state where it’s based or who runs it beyond a founder’s pseudonym of Arnaud Vagner, noted New Found Gold has drilled the extraordinarily large amount of 563,000 metres since acquiring the project in 2016. But it has yet to release an initial resource. That’s because the company is trying to hide […]