Newmont Guides Lower for 2011

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Newmont Mining (NEM) reported its Q4 earnings yesterday. The company beat analyst expectations for both profits and revenue. Profits were up 46%. However, the company guided for lower production in 2011. Newmont shares took it on the chin, falling 6.3% on Thursday. Those who are looking to large cap miners as a way to play … Continue reading “Newmont Guides Lower for 2011”

Time to Dump Stocks for Gold

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The S&P 500 has rebounded about 100% in 100 weeks. What crisis? What new normal? The economy is recovering and happy times are back again. Old normal is back. Stocks for the long run! Permabears be damned! The permabulls are back! Rates are low, core inflation is low, its Goldilocks time! US stocks are only … Continue reading “Time to Dump Stocks for Gold”

TheDailyGold Podcast 2/2/2011

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Jason Burack joins us to put the recent volatility in perspective. Jason Burack is an Investor, Entrepreneur, Financial Historian, Austrian School Economist, and Contrarian. Jason co-founded the startup investor education and financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, … Continue reading “TheDailyGold Podcast 2/2/2011”

Gold & Silver Daily Brief 1/31

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Gold is stuck between a bottom of $1310 and resistance at $1350. It has tested $1350 six of the past seven trading days. Should it breakthrough then we’d turn our focus to $1380 as the next key resistance. Silver is performing better. It held $26.50 last week (clear support dating back to November) and has … Continue reading “Gold & Silver Daily Brief 1/31”

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