Gold Stocks
Right now, precious metal stocks aren’t performing that well, even though many gold mining companies are reporting record production and earnings. Furthermore, corporate visibility at many gold mining companies is rosy, yet, as a group, precious metal stocks are mostly down since the beginning of the year. The…
Following the news of Glencore International plc’s purchase of Xstrata Plc, which will create a diverse firm involved in a variety of precious metals, there is increased investor interest in mining companies, with everyone looking over their shoulder, asking, “Who’s next?” Since the deal is so large, this…