GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 04/02/20

It’s been the most volatile quarter in over a decade for the gold miners (GDXJ), and we’ve finally reached the end of the sector’s Q4 earnings season. It was a solid reporting period overall for the miners, with revenue growth jumping 26% year over year, and the price o...

U.S. gold futures ( XAUUSD:CUR ) settled -0.3% at $1,591.40/oz. for its fourth decline in a row, while spot gold +0.6% to $1,580.29/oz. and many gold mining names show gains on the day. More news on: Gold Spot Price, Barrick Gold Corporation, Newmont Corporation, Commodities news, Stoc...

A black swan is an unpredictable event that is beyond what is usually expected of a situation and potentially severe consequences. Black swan events are rate, have a severe impact, and many people often insist they were apparent in hindsight. The last significant black swan in financial market...

Gold Stock Majors Outlook The gold stocks are trading below their ranges from the previous recession, which will show in the following charts for the VanEck Vectors Gold Miners ETF ( GDX ) and the VanEck Vectors Junior Gold Miners ETF ( GDXJ ), the two largest gold miner indexes by volume....

South African mining firms are bracing for a three-week nationwide lockdown ordered by the government in an attempt to slow the spread of the coronavirus, warning of higher costs and reduced production. More news on: AngloGold Ashanti Limited, Harmony Gold Mining Company Limited, Sibanye...

Comex gold futures (XAUUSD.CUR) settled +6% to $1,660.80/oz. for its biggest daily percentage surge in 11 years following the closure of several gold mines and the Fed's moves to address the corornavirus crisis. More news on: Barrick Gold Corporation, Newmont Corporation, Kinross ...

My first mortgage in the 1980s was over 14 percent. I remember when the yield on a 30-Year Treasury Bond was at the 20 percent level. When the Fed first cut the Fed Funds rate to zero following the 2008 financial crisis and push rates down to historical lows further out along the yield curve, ...

Gold (NYSEARCA: GLD ) eases back after pushing past $1,500/oz. but are headed for a second straight weekly drop as investors sold the metal to meet margin calls in other assets; April Comex gold +0.9% to $1,492.70/oz. More news on: SPDR Gold Trust ETF, Kinross Gold Corporation,...

The 2008 financial crisis in the US and around the world was a period where the housing and mortgage-backed securities meltdown and European sovereign debt crisis caused investors and traders to scurry to the sidelines as prices fell precipitously. The prices of almost all markets across all a...

Everybody is blaming coronavirus for the collapsing financial markets. This is not the reason. The reason is the reckless Federal Reserve. Imagine a situation when an individual has AIDS and he/she dies from a light cold. It is not the cold that killed the person. It is AIDS that caused the ...