The Gold Economy

One of the best turnaround stories in 2010-2011 is that of Brigus Gold (BRD).

There is a storied history behind this company in which Linear Gold (LGCFF.PK) absorbed Apollo Gold (AGT) through equity financing. This was a win-win for both companies, as Apollo had a less-than-mediocre balance sheet and had an enormous hedge book relative to the size of the company. Linear, on the other hand, was able to acquire some high quality assets relatively cheaply, enhancing its net asset value, immediate production, long term growth and great

Gold bugs are an interesting bunch. Traditionally known for extremely conservative political views as well as a passion for guns and canned goods, talking to a true gold bug can be a lot of fun if you have an open mind. However, these days, the gold-is-always-good crowd just might have a point or two worth considering.

To the average investor, something that has already moved up ~25% this year and has almost doubled over the past two-plus years may not be considered to be a great value. The average technician might even call such an investment “overbought.” But to

Gold prices are affected by a multitude of factors, and potential investors looking for gold ETFs should assess what they include.

The main factors that are often cited include worries that China will raise key rates, no set policy on how to halt currency manipulation, gold speculation and volatile equity trading, writes Alix Steel for NuWire Investor.

However, there are other factors to consider, says Steel.

• Price manipulation. Some gold bugs argue that the price of gold has been artificially suppressed by global Central Banks and governments. Under the Washington Agreement on Gold, Central Banks

The price of gold has soared in the last decade. Can it continue?

Two views make a market, as the saying goes. in “Gold’s Run is Over — I’d Much Rather Own This Stock“, Tim Begany writes:

Gold is the worst investment around. Anyone buying it now is doing so at their own risk, near the end of a bull run that’s apt to end badly.

A major clue gold’s time is up: institutions and hedge funds are starting to get out.

In October, for example, these big players reduced their long gold futures by -9%. Meanwhile, small investors added +5%