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Miners Sell Off After Bonanza Creek Downgrade, Vale Partnership
Tuesday, March 8, 2016 - 11:42am | 406Bonanza Creek Energy Inc (NYSE: BCEI) is down 15 percent in early trading Tuesday, on the back of recent downgrades and news within the space. Northland Securities downgraded Bonanza last month from Outperform to Market Perform, and on Tuesday, Credit Suisse circulated a research note regarding...
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Some Say The Gold Miners Trade Is Back
Friday, February 26, 2016 - 4:03pm | 610At this writing late in Friday's session, the Direxion Daily Gold Miners Bull 3X Shares (Direxion Shares Exchange Traded Fund Trust (NYSE: NUGT)) is down nearly 10 percent, while its small-cap counterpart, the Direxion Daily Junior Gold Miners Index Bull 3X Shares (Direxion Shares Exchange...
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Vale Loses 5% Following Production Report, Iron Ore Output Falls Short Of Expectations
Thursday, February 18, 2016 - 11:58am | 233Shares of Vale SA (ADR) (NYSE: VALE) were trading lower by more than 5 percent on Thursday after the company released its fourth quarter and full year fiscal 2015 production metrics. Vale said its iron ore output rose 2.9 percent from a year ago to 85.4 metric tons but fell short of the 88.3...
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Miners: The Best Way To Play A Rate Hike?
Monday, December 14, 2015 - 12:11pm | 505Credit Suisse believes that the mining sector could offer the best buying opportunity ahead of a Federal Reserve interest rate hike. Fed tightening will likely lead to weakness in the U.S. dollar. Historically, commodity prices have outperformed in the six month following the first rate hike of a...
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The Price Of Nuclear Energy
Friday, July 10, 2015 - 1:17pm | 391Since the advent of atomic power, over 30 countries across the world have been operating 437 reactors to produce what many believe is a cleaner alternative to fossil fuels for generating electricity. However, nuclear energy comes with its own waste, which the World Nuclear Association has estimated...
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3 Cheap Stocks That Are Great Deep Value Investment Ideas
Tuesday, May 20, 2014 - 11:19am | 800John Templeton was one of the first US investors to engage in a more global attempt to find potentially profitable stocks. Templeton was a value investor, and he scoured the globe in search of bargains. His investors won big, earning 14.5 percent annually on average from 1954 to 1992. Today,...
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Chart Presentation: The Gold Miners
Thursday, October 6, 2011 - 8:48am | 915We get asked quite often about the gold mining stocks. We are not quite sure why given that we are on record as being fairly major gold ‘bears' but it does seem to be a topic that comes up on a regular basis. We have a negative bias for gold. We expect that gold prices will decline back to around...
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What Are Eric Sprott's Favorite Mining Stocks?
Wednesday, July 6, 2011 - 2:43pm | 411Eric Sprott, CEO of Sprott Asset Management and a major player in the precious metals markets, has made some huge bets on specific gold and silver miners, most of which have already paid off in a big way. In fact, assets under management at Sprott, Inc. were $9.7 billion at the end of Q1 2011...
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Copper Bounces Back
Sunday, June 13, 2010 - 4:09pm | 222Slumping nearly 18 percent in demand, copper prices headed towards their longest slide since May of 2009. However, the orange metal has rebounded sharply, based on increased demand from China. The Asian tiger’s economy gained 11.9 percent in last quarter and industrial production surged nearly 16.5...