Hecla Trumps Alamos with $796-million Offer for Aurizon
Gold – The $4.75-per-share offer announced on Monday bests Alamos Gold's hostile bid for Aurizon, thus creating a company worth $1.6 billion.
Gold – The $4.75-per-share offer announced on Monday bests Alamos Gold's hostile bid for Aurizon, thus creating a company worth $1.6 billion.
Gold – Bloomberg reported that John Paulson said investors should buy gold as an inflation hedge, making traders bullish.
Gold – Reuters reported that Paulson & Co. significantly cut holdings of the SPDR Gold Trust during the fourth quarter.
Gold – Traditionally, money managers occupied in more generalized investment mandates often ignore precious metals and dismiss gold. Finding a gold fund that invests in gold is relatively easy, but finding a prominent hedge fund that is heavily predisposed to investing in gold is indeed a more rarified jewel.
Gold – The recent volatility in the precious metals markets has the gold bulls and bears jostling to make their case for the price of gold going forward.
Gold Investing News reports gold had a great run last week. The US currency showcased the biggest decline in a month against euro last week as US data showed that the world’s largest economy contracted lesser than forecasts, which hinted that the recession is fading and gave rise to investor demand in riskier counters such [...]
Gold Investing News reports gold is been talked about almost all media. The company has disclosed it recently invested around US$400 million to buy the yellow metal in the expectation that it was not only a prudent way to preserve its funds but also that the metal’s price would rise significantly. The company has bought [...]
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