GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 02/19/20

Co-produced by Stanford Chemist GAMCO Global Gold, Natural Resources & Income Trust ( GGN ) has been brought up several times in the CEF/ETF Income Laboratory and is quite popular on the Seeking Alpha website as a whole. I was surprised that almost 12k investors follow this ticker. T...

Gold futures ( GLD +1.3% ) climb to their highest levels since 2013 , as continued concerns over the coronavirus pressure stocks and spark demand for safe-haven assets including gold and U.S. Treasurys. More news on: SPDR Gold Trust ETF, Newmont Corporation, Barrick Gold Corporation, Co...

Brazil and gold are two markets going in opposite directions. The Brazilian market has suffered for years because of political corruption. The election of Jair Bolsonaro in October 2018 raised hopes that the economy of South America's leading nation would improve. President Bolsonaro ran on an...

Central Banks were sellers of gold around the turn of the century, with the price of the precious metal below $300 per ounce. The Bank of England sold half of the United Kingdom's gold reserves via an auction that pushed the price to a low of just over $250 in August 1999. After a double-botto...

The gold miners' stocks are still stalled, mostly grinding sideways despite higher prevailing gold prices. This lack of progress is really frustrating traders, slowly shifting herd psychology towards apathy. That's the mission of high consolidations, gradually rebalancing sentiment by bleeding...

It is hard to believe that back in the early 1980s, a US 30-Year Treasury Bond offered an almost 20% yield. In the days when inflationary pressures were roaring, a $100,000 investment in a US Treasury bond paid the holder a coupon of $20,000 each year over the thirty-year life of the fixed inc...

Gold and silver have been around as means of exchange or hard currency for a lot longer than all of the currencies issued by governments as legal tender. The instruments that trade in the global foreign exchange market have the backing of the full faith and credit of the countries that print t...

The bull market in gold did begin in 2019. At the turn of this century, the Bank of England was in the process of liquidating half its reserves of the yellow metal. The central bank sold around 300 metric tons of gold via an auction that sent the price down to a low of $252.50 per ounce in Aug...

Gold futures (NYSEARCA: GLD ) fell to their lowest finish in more than two weeks as rising stock prices and bond yields pushed interest away from the precious metal for a second straight day. More news on: SPDR Gold Trust ETF, Eldorado Gold Corporation, New Gold Inc., Commodities news, S...

A healthy market often makes a statement. Last week while other commodity prices and markets across all asset classes were moving lower, gold displayed incredible strength. During the height of the global financial crisis, the price of gold dropped like a stone. The price had just made a new h...