On Thursday gold for delivery in April managed to eke out a slight gain to close at $1,151.90, up $1.30 from a four-month low hit yesterday.

That gold has managed to stay above the crucial $1,150 an ounce support level is a relief to gold bulls. The metal closed below this level early November, but soon bounced back… Read Full Article

Gold on Friday plunged more than $30 an ounce after a better-than-expected US jobs report saw the dollar soar to multi-year highs.

In heavy trade of more than 20m ounces in New York, gold for delivery in April fell $32.33 an ounce or 2.7% from Thursday’s close hitting a low of $1,163.87 an ounce during one of the worst trading days in a year.

Gold is now at the lowest price since mid-November and more than $140 below its 2015 high struck January 22…  Read Full Article

It’s the dirty little secret your stock broker doesn’t want you to know.

You won’t hear this from many analysts on Bay Street. You certainly won’t hear this from executives in Vancouver.

But I have been saying it for a long time—mining is a terrible business and most investors are being taken for a ride.

Read this before you buy another gold stock

There’s a big business in selling you gold shares…. Read Full Article