JP Morgan fears of inflation further down the road and resulted in very strong demand for gold.
Warren Buffets says Market Selloff When Bond Selloff its a Indication Gold Price to go High
As central banks globally engage in quantitative easing programs to stimulate growth, “bonds start to sell off because you’re trying to reignite optimism for the economy, reignite inflation expectations,” he said.
Get in before Yellen speaks to IMF....Gold expected very very high as US economy in negative territory.
Mr. Thornton has stated that he wants to clean up Barrick’s balance sheet, streamline the corporate structure, and return the company back to its entrepreneurial roots. Barrick has also said it would purge any asset that does not deliver a 10-15% return on invested capital.
We have reached probably bottom of this selloff..
Goldcorp Inc. (TSX:G)(NYSE:GG) isn’t usually the first name that comes to mind when investors start looking for dividend stocks.
The gold miner is normally picked as a way to play a rise in precious metals prices, but the company also pays a monthly distribution that currently offers shareholders a 3% yield.
Let’s take a look at Goldcorp to see if it should be in your portfolio.
Goldcorp actually has a solid history of dividend growth. In the past five years the annualized distribution has more than tripled from US$0.18 per share to the current payout US$0.60 per share.
If you cannot afford to loose DoNoT Sell! all Games
Do not fall into short trap use common sense - FED cannot increase the Rates in weak economy not like Russia.....!
Major GG trading is done only one hedge fund...seems to be a big fraudster with all price manipulations. Mainly controlling trade through options and to protect their options this hedge fund goes to any level. Poor GG !!
GG is held in hostage ?