Heraeus Predicts Gold Prices May Continue Record Surge Through 2025
Gold, often used as a safe store of value during times of political and financial uncertainty, tends to appreciate on expectations of lower interest rates, which reduce the opportunity cost of holding the non-yielding asset. “If the Chinese government’s economic stimulus measures boost the economy, China and India could provide a solid basis for gold […]
Are Leveraged ETFs a Valuable Addition to Your Portfolio?
While the performance of leveraged exchange-traded funds over recent market rallies might be dazzling, investors needn’t look far for horror stories. A litany of leveraged ETFs closed in 2020 as they amplified extreme market losses and wiped themselves out. Those that managed to stay open through March 2020 had the pleasure of crashing and burning […]
Are Leveraged ETFs a Valuable Addition to Your Portfolio?
While the performance of leveraged exchange-traded funds over recent market rallies might be dazzling, investors needn’t look far for horror stories. A litany of leveraged ETFs closed in 2020 as they amplified extreme market losses and wiped themselves out. Those that managed to stay open through March 2020 had the pleasure of crashing and burning […]
Canadian Dollar Faces Pressure Following Disappointing Jobs Report
Ongoing weakness in the jobs market, the prospect of a jumbo interest rate cut from the Bank of Canada, and the growing policy divergence with the US Federal Reserve are all hammering the Canadian dollar. Currency watchers say the pain could persist. Following the sharp spike in the unemployment rate in November, many analysts expect […]
Namib Minerals Poised for Nasdaq Launch After Securing $500 Million SPAC Agreement
The proposed business combination, which implies a pro forma combined enterprise value of $609 million, represents the largest African de-SPAC deal to date, said Namib Minerals, whose management team will continue to lead the business after the closing. “As Namib Minerals takes this significant step toward becoming a publicly traded company, we remain dedicated to […]
This Wide-Moat Stock, Currently Undervalued by 23%, Is a Smart Buy for…
ASML ASML stock is down 35% after hitting all-time highs in July. The leader in photolithography systems used in the manufacturing of semiconductors provided weaker-than-expected guidance for 2025, which has depressed its shares. But we think there’s opportunity here. The stock of this wide-moat company trades 23% below our fair value estimate and looks cheap […]
The Struggle for Control of New Zealand’s Reefton Goldfield
Explorers are now eyeing the country as the world’s next modern mining jurisdiction — known for exceptionally high-grade gold — as the gold price rallies to historic highs. The Reefton Goldfield on the country’s south island alone produced more than 2 million ounces of gold between 1870 and 1951. Reefton has orogenic gold deposits, analogous […]
Three Poor Justifications for Selling Your Fund
Valerio Baselli: Hello and welcome to Morningstar. Markets go up and down, and sometimes short-term volatility is extreme. We saw that for example with the outbreak of the pandemic in March 2020, two years later with the Russian invasion of Ukraine, or even more recently. Whether our investments are doing great or losing much more […]
Why the Vanguard Total International Stock ETF is a Top Choice…
Vanguard Total International Stock ETF VXUS has a market-cap-weighted portfolio that holds nearly every stock in the international market. Its low fee and expansive portfolio make it one of the best international stock funds available. The fund tracks the FTSE Global All Cap ex US Index. It targets small-, mid-, and large-cap stocks from international […]
London Symposium: Transforming Mining Through New Technology and Sustainability
Panelists agreed that mining companies ignoring sustainability risk losing social and political support. The panelists shared how their diverse approaches could bolster projects’ sustainability credentials. Brent Johnson, vice-president of environment at Dundee Sustainable Technologies (CSE: DST), called his company’s non-cyanide gold extraction process, CLEVR, a breakthrough for safety. “If cyanide were banned overnight, 80% to […]