VANCOUVER, July 7- Shares of Silver Wheaton Corp fell more than 10 percent on Tuesday after the mining finance company said it might have to pay $200 million or more in taxes and penalties in Canada. Vancouver- based Silver Wheaton said late on Monday it had received a letter from the Canada Revenue Agency, which is proposing taxing about C $715 million of income...» Read More
Is the silver trade over? That was a question for Fast Money Traders Tuesday morning as silver futures continued to weaken, falling below $44 per ounce intra day.
The global uranium industry, crippled by the March 11 earthquake and Tsunami in Japan, is now beginning to come out of the shock. Investors, who were earlier sitting on the sidelines, have re-entered the market to look for bargains.
On Friday Street chatter had everything to do with Ralcorp, the company behind Post cereals, as potentially being on the auction block.
Bullish weak dollar trades? Jon Najarian says big money is betting that the dollar will stabalize.
Silver jumped 6 percent Thursday on the back of dollar weakness after Federal Reserve Chairman Ben Bernanke's dovish remarks Wednesday, but some analysts doubt the price can hit and stay above the $50 mark.
Silver and gold are flashing inflation warnings, even as the Fed chairman tried to allay concerns about rising prices.
Shortly after the start of overnight trading at 12:10 a.m. on Monday, silver futures surged to a multi-year high of $49.82 per ounce. Nine hours later, by the start of stock market trading in the U.S., the May Silver contract was down eight percent.
Is silver the new safe-haven currency? That was a question for Fast Money traders Monday morning as silver surged to an all-time high.
Oil prices are likely to hit $150 while gold may go above $2,000 longer term, Nick Bullman, a managing partner at research-based risk assessment service firm CheckRisk, told CNBC Tuesday.
I'm reporting from the largest coin show on the west coast Friday. Hundreds of dealers are expected at the Santa Clara Convention Center for a show put on by Collectors Universe.
And here's how market pros recommend cashing in on the rising inflation trade.
Backed by its resource-rich landscape of world class deposits, Mongolia has been coined the “Saudi Arabia of Coal” with strong parallels to previous natural resource booms around the world.
A 10.09-carat cushion-cut purple-pink diamond ring is hitting the auction block Tuesday, being sold at Christie’s in New York for an estimated $12 million to $15 million as part of the auction house's Magnificent Jewel Sale.
Expect higher gold prices and increased investment demand. That’s the message from the GFMS Gold Survey 2011, an annual report looking at global supply and demand for the yellow metal.
The market went into ‘sell first and ask questions later’ mode on March 11th when the first Japan quake hit. Does that suggest you should go bottom fishing, now?
Now as the slow process of recovery continues, the price tag of the precious metal shows little sign of retreating.
Gold prices took a tumble in late January, but have since been going from strength to strength. Spot gold has risen 6.5 percent since January 28th. One fund manager thinks the precious metal has more upside as it remains undervalued.
Miners have started to protect themselves against a fall in the price of copper as the metal’s rally, which only a few months ago looked unstoppable, has hit a wall, the Financial Times reports.
These plays might be "glaringly obvious," but Cramer said they're making investors a lot of money.
Despite mankind's ability to adapt and invent new materials and make use of new resources, humans seem "hopelessly incapable of learning past wisdom and apparently doomed to repeat past follies," according to Dylan Grice, a research analyst at Societe Generale.