In recent days, the Gold Index ($HUI) closed at its highest level in over a year. The surge is a sign that we may not be embarking on a new bull market for physical precious metals.In just a few months, miners such as Endeavor Silver Corporation ($EXK) and Barrick Gold Corporation ($ABX) have seen their share prices rise 30% and double, respectively.Usually, such a move … [Read more...]
BHP Billiton (BBL) Stock: How Safe is the Dividend?
BHP Billiton plc ADR (NYSE: BBL)The global commodities supercycle is at an end. Commodity prices boomed skyhigh throughout the 2000s, but it has slowed down since 2011 and now is reaching a bottom: oil prices continue to languish at lows not seen in over a decade and metal prices, outside of gold recently, are depressed. This isn’t good news for the world’s mining … [Read more...]
