Wednesday, May 16, 2012
1. FEAR TRADE: Rush to safety overnight pushes gold above $1,850, Treasury yields to record lows
 
2. Gold guru Lundin: "The market is coiling like a spring"
 
3. Casey Research: It's time to "batten down the hatches"
 
1. Why gold and silver could soon start a "violent" reversal
 
2. What the infamous "magazine cover" indicator could be saying now
 
3. Rare video interview explains Rick Rule's latest thoughts on the resource markets
 
4. Congress is now quietly scheming to make last year's terrible NDAA law even worse
 
5. Super-high gasoline prices are falling... But you may not like the reason
 
Mega gold merger could create $50 billion giant
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Tuesday, March 24, 2009
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Newmont (NEM), a $21 billion miner, and Barrick (ABX), the world's largest gold miner, are considering merging to capitalize on "huge cost savings in combining their global operations, particularly in Nevada."

The two companies already operate together - they both own a half share in the Kalgoorlie Super Pit, Australia's largest open pit gold mine. And Newmont is busy developing its $2.6 billion Boddington project, which will soon be Australia's largest mine. The combined company would have an estimated market cap of $47.4 billion... of course that would soar if gold prices increase as much as everyone expects.

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World's top money manager goes waaaay long South African gold

Topics: Gold | Stocks | Commodities
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