Yamana seeing solid earnings estimate revision.
"One stock that might be an intriguing choice for investors right now is Yamana Gold, Inc. AUY. This is because this security in the Mining-Gold space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective."
I don't know, but I have a suspicion, Europe is begging the US not to raise interest rates.
Consumption grew 3.7% to 985.9 metric tons last year
Buying rose as investors sought the safety of bullion
China’s gold demand will keep expanding as investors seek safe assets and jewelry buying increases, the China Gold Association said.
Consumption in the country that vies with India as the world’s biggest user climbed 3.7 percent to 985.9 metric tons in 2015 from a year earlier.
They have been hording gold for some time, what gives? what do they know that we do not?
United Kingdom European Union membership referendum. June 23.
In my humble opinion, a lot of cracks are starting to show up in Europe.