Articles Tagged "mcewen mining inc."

Gold Price Hits Five-week High on Lackluster US Jobs, Retail Data

Gold – Investors let out a sigh of relief last Friday when US jobs data revealed only a small gain in employment across the country. The news gave the gold price a nice boost, and on Wednesday, the yellow metal saw another jump when news hit that US retail sales for April were unmoved.

Rob McEwen on Why Gold Stocks Remain a Good Bet

Gold – "They're more heavily oversold than gold and have some very powerful upward moves when they're coming off the bottom," he said in a conference call Friday. "You have to be very nimble right now to take advantage of those moves because they seem to be very short, but I think what we're seeing here is the beginning, the starting of a recovery in this market."