Jordan Roy-Byrne CMT, MFTA

Posted on

Randgold Resources Hints at Future Acquisitions

Randgold Resources increased its gold production by 26% in 2014 while reducing its total cash costs by 2%. Profit decreased by 17% to $271 Million but the board of directors proposed a 20% increase in its dividend. Mark Bristow, Randgold’s CEO, continues to drop hints that an acquisition may be coming. Our long standing goal … Continue reading

Posted on

Gold & Gold Stocks Consolidate at Resistance

Gold and gold mining shares rebounded strongly from the end of December through the first three weeks of January. Over the past several weeks the sector has digested those gains while holding above rising 50-day moving averages. The sector is nearing a bit of a decision point where either a breakout could occur or further … Continue reading

Posted on

Gold Maintains Strength while Large Miners Reach Resistance

In recent days and weeks we noted key levels for Gold at $1250 as well as $1270-$1280. Over the past two weeks Gold easily cleared $1250 and continued to $1300. Today it is trading around $1290 and will close above its 80-week moving average for the second consecutive week. That last happened in late 2012. … Continue reading

Posted on

Erik Townsend Comments on Gold & Oil

Erik Townsend, hedge fund manager for Fourth Turning Capital joins us and give his thoughts on Gold and Oil. Erik’s Website  

  • As seen on: