GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 03/08/20

London is the hub of the over-the-counter gold market. At the end of the last century, ironically, it was the United Kingdom that decided that the yellow metal was nothing more than a barbarous relic and an asset of the past. The Chancellor of the Exchequer at the time, Gordon Brown, supervi...

Trading silver can be like riding a psychotic horse through a burning barn at times. In 1980 and 2011, the price of silver traded on either side of $50 per ounce. The move to the upside during those years put silver on the radar for many speculators who lay in the reeds waiting for the next da...

Even gold (NYSEARCA: GLD ) is not a safeguard from collapsing equity markets today, as futures are poised for their biggest one-day percentage decline since at least November 2016. More news on: SPDR Gold Trust ETF, iShares Silver Trust ETF, VanEck Vectors Gold Miners ETF, Commodities ...

The path of least resistance of the US 30-Year Treasury bond has been higher since October 2018 when the nearby futures contract dropped to a low of 136-16. The low was the lowest price for bonds and the highest level for interest rates since mid-2014. At the June meeting of the US Federal R...

The US dollar and Swiss franc are two of the leading and most respected foreign exchange instruments in the world. The dollar is the leading reserve currency because of the size of the US GDP and the long history of political and economic stability in the United States. The dollar is the leadi...

Gold marches to seven-year highs , as the spread of the coronavirus to Italy and other parts of the globe injects nervousness into the markets and prompts a flight to safe-haven assets . More news on: SPDR Gold Trust ETF, IAMGOLD Corporation, Eldorado Gold Corporation, Commodities news,...

After reaching a low at just over $250 per ounce around the turn of this century, the price of gold took off on the upside. Before the 2008 global financial crisis, the yellow metal had already reached a new record level at $1033.90 per ounce. Gold had never traded above the $875 level before ...

The dollar is the king of currencies. As the world's reserve currency, the US greenback is the foreign exchange instrument that central banks around the world hold as part of their reserves. At the same time, the dollar is the benchmark pricing mechanism for most commodities. Raw materials are...

Gold futures (NYSEARCA: GLD ) rallied to conclude their biggest weekly gain in eight months , as investors rushed to the safe-haven play amid concerns over the global economic fallout from the coronavirus. More news on: SPDR Gold Trust ETF, iShares Silver Trust ETF, Eldorado Gold Corporat...

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...