Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
A series of tweets Monday marked the latest chapter in Trump's decadeslong effort to refute published reports that his previous financial problems have rendered him an...Politicsread more
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.Marketsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
Google announced Google Glass Enterprise Edition 2 on Monday, a new set of smart glasses that's catered toward businesses and costs $999. Google has focused on business use...Technologyread more
From hiring parties to improved training, restaurants are thinking outside the box to attract and retain talent. A recent report from TDn2K, a restaurant analytics firm, found...Restaurantsread more
More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, Ugg and Off Broadway Shoe Warehouse, have penned a letter to the White House asking President...Retailread more
Microsoft on Monday announced new moderation for its Xbox platform in an effort to cut down on toxic content and to make gaming safer for everyone.Technologyread more
The finalists from the Council for Economic Education's National Economics Challenge will put their problem-solving skills to the test Monday in a high school economics...US Economyread more
"One of the things about bitcoin and the cryptocurrencies is, is there really an unlimited supply?" Boyd said to "Mad Money " host Jim Cramer on Thursday. "We're gold miners. We mine deposits. I think, over time, the question will be: are these cryptocurrencies and the developers of these cryptocurrencies just mining the public?"
Boyd, also the vice chairman of Agnico's board, echoed some technicians' sentiments that gold prices are turning and could be headed higher.
The CEO said that more and more investors who meet with Agnico on a regular basis are once again warming up to gold and could have a hand in driving it higher.
"Our sense is that investors are starting to do their homework, revisiting the high-quality gold equities, so there is a sense that gold's about to turn here," Boyd said. "We wouldn't be surprised to see gold between $1,400 and $1,500 within the next 18 months or so."
With a strong gold mining business in Mexico and healthy "geological upside" ahead, Boyd told Cramer that he and his colleagues at Agnico predict that production could increase by 25 percent between now and 2020.
And for investors seeking stable investments to manage potential risk, few are better than gold — especially not cryptocurrencies, the CEO said.
"Gold's a highly developed market, very liquid market, a very efficient store of value and portfolio diversifier. That's why you need to own it," he said. "It's proven itself. It's hard to believe it's going away just because of technology. People can invest in cryptocurrencies, but now's the time to own gold. If [the] stock market's setting record levels, I'd rather own gold than bitcoin. "