GAMCO Global Gold, Natural Resources & Stock News

The Fed rate cut is only the beginning for the easing necessary to counter the coronavirus downturn. The U.S. fiscal situation is worsening significantly and th

Gulfport Energy (NASDAQ:GPOR) -74%.Oasis Petroleum (NASDAQ:OAS) -58%.Diamond Offshore Drilling (NYSE:DO) -52%.Mallinckrodt (NYSE:MNK) -34% after court ruling on Acthar Medicaid rebates.Whiting Petro

Every dip since 2018 has been a buying opportunity. Central banks will continue to push rates lower - the Fed funds rate is steaming to zero. Currency values ar

It is clear that the metals and miners have been tracking stocks lately. Both are waiting for the Fed and the U.S. Treasury to announce a combination of substan

No longer a safe haven, gold futures (NYSEARCA:GLD) post their fourth straight daily decline to conclude their worst week since September 2011.April Comex gold closed -4.6% to settle at $1,516.70/oz.

Panic over Coronavirus. U.S. politics played a role - look at the pattern in the stock market. The U.S. Fed pulls the trigger before Super Tuesday - then Corona

Continued fall in the U.S. onshore activities and the current energy price crash will not allow OIS to increase top-line and margin in the short term. The compa

Eldorado Gold releases 2020 gold production guidance. I update the company's metrics. The shares look substantially undervalued.

First and foremost, gold has been rising and is now at record highs in most non-dollar countries and not far from a record high in the US. And with the coronavi

Gold futures eked out gains but retreated from the $1,700/oz. level touched earlier, as investors sold the yellow metal to cover margin calls due to today's rout in equities and energy markets.Comex A

Gold futures blast past $1,700/oz. as the global rush into safe haven investments intensifies amid sinking stocks, oil market turmoil and tumbling Treasury yields.Spot gold surged as much as +1.8% to

Risk-off hits gold. The path of least resistance for interest rates support gold. The Swiss franc is next. The dollar will follow. Buying the dip in gold - GDXJ

Risk-off makes silver ugly - open interest provides a clue. The metal refuses to follow gold. A historical relationship at the high. Silver is on sale. SILJ got

Comex gold (GLD +1.4%) climbs to its highest in more than a week amid mounting fears over the coronavirus and as policymakers in Europe and Asia prepare to follow the Federal Reserve's interest rate c

The move in 2019. The Fed wanted to remain neutral on rates. Coronavirus changes the game. The market and administration were screaming at the central bank, and