Gold & Precious Metals

This Gold Deal Could be a Boon for the Mining Industry

Consolidation season has finally arrived in the goldfields, just as many experts and analysts have been predicting for some time now. With exploration budgets having been slashed since their 2012 peak, and because there are today fewer and fewer ounces of gold available to be mined, one way forward for producers of all sizes will be to ramp up mergers and acquisitions (M&A) activity.

You might have heard that Newmont Mining will be buying Goldcorp in a massive $10 billion deal. The resultant company,…Click here for full article.

Why Gold? Why Now?

Gold will have an increasingly relevant role to play in investors’ portfolios in 2019.

This was the conclusion of the World Gold Council’s Outlook 2019 Report.

In the report, the WGC highlights three key trends it thinks will influence gold demand and price performance in the coming year…. CLICK for complete article 

Gold Turns Bullish On Major China Bump

The Bank of China increased it gold holdings in December for the first time since the third quarter of 2016 in major bullish news for gold bugs who are already foaming at the mouth over trade war fears, equities upsets and speculation of a pause in Fed rate hikes…. CLICK for complete article

Little Concern For First Time Home Buyers

moneyhouse

One of the biggest lies that is told to the public is about the governments concern over affordable housing and first time home buyers.

How To Avoid Overspending This Holiday Season

prezzies

You’ve overspent during past holiday seasons, but you’re determined not to let it happen this year. What’s your plan to prevent painful post-holiday bills? A recent study from Elevate’s Center for the New Middle Class (CNMC) may be able to help.

The study focused on holiday spending behavior and how it varies depending on credit scores. CNMC separated the data into two levels – prime consumers with credit scores of 700 or above and non-prime consumers with credit scores below 700 (the “New Middle Class” referred to in the CNMC’s title). CLICK for complete article

 

U.S. Trade Deficit Reaches A Record High

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Despite—or because of—all the tariffs and the intensifying trade war, the U.S. goods trade deficit reached a record high in October, hitting $77.2 billion, based on Census Bureau data.

Issues of national security aside, one of the key selling points of the trade war has been to reduce America’s trade deficit and make things fair again—so October’s data is a bit of a slap in Washington’s face…. CLICK for complete article