Sentences with phrase «gold held by»

The Spanish explorer Hernan Cortez landed on the island of Cozumel in 1519, but soon departed on an expedition into central Mexico and the heart of Aztec country after learning about the vast riches of gold held by Moctezuma II.

The value of GLD shares relates directly to the value of the gold held by GLD (less its expenses), and fluctuations in the price of gold could materially and adversely affect an investment in the shares.

Because shares of the Trust are intended to reflect the price of the gold held by the Trust, the market price of the shares is subject to fluctuations similar to those affecting gold prices.

The quantity of gold held by the top 10 central banks, including the International Monetary Fund (IMF), is estimated to be in excess of 25,000 tons, which makes them the third - largest investor in the precious metal following retail investments in jewellery and bars / coins.

The business plan: Increase the value of Goldfinger's own considerable gold holdings by detonating a «dirty» nuclear warhead inside the U.S. Bullion Depository at Fort Knox, Ky., rendering the American gold reserve radioactive and useless for 58 years.

Not exact matches

Morgan Stanley Wealth Management has been appointed by the corporate watchdog to sell a portion of shares in Sovereign Gold Company held by former Applabs Technologies directors which were found to have been acquired invalidly.

One year after buying the Thunderbox operations from Norilsk Nickel, Saracen Mineral Holdings has announced plans to develop an open pit gold mine that will double its production to about 300,000 ounces per annum by the 2017 financial year.

Most recently he was employed by Barrick Gold Corporation over an 11 year period where he held senior management and operational roles.

But whether Bitcoin can actually replace gold (let alone traditional government - backed currency) has been a matter of fervent debate — quite literally, as evidenced by an event last week entitled «Gold Versus Bitcoin,» held at a New York comedy club, in which well - known gold proponent (Jim Rickards debated James Altucher, a self - help author now peddling Bitcoin investment advice under the moniker «crypto - genius.&ragold (let alone traditional government - backed currency) has been a matter of fervent debate — quite literally, as evidenced by an event last week entitled «Gold Versus Bitcoin,» held at a New York comedy club, in which well - known gold proponent (Jim Rickards debated James Altucher, a self - help author now peddling Bitcoin investment advice under the moniker «crypto - genius.&raGold Versus Bitcoin,» held at a New York comedy club, in which well - known gold proponent (Jim Rickards debated James Altucher, a self - help author now peddling Bitcoin investment advice under the moniker «crypto - genius.&ragold proponent (Jim Rickards debated James Altucher, a self - help author now peddling Bitcoin investment advice under the moniker «crypto - genius.»

«Gold is holding above the 50 - day moving average in spite of a stronger dollar, helped by lower U.S. yields and physical demand,» she noted in a report on Thursday.

The following securities mentioned in the commentary were held by one or more accounts managed by U.S. Global Investors as of 6/30/2017: Seabridge Gold.

Cash in your account is held by a major bank in a Hard Assets Alliance subaccount of Gold Bullion International.

The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of 6/30/2016: Franco - Nevada Corp., Silver Wheaton Corp., Royal Gold Inc., Northern Star Resources Ltd., Doray Minerals Ltd., Saracen Minerals Holdings Ltd., Evolution Mining Ltd., St. Barbara Ltd..

This means that anyone holding bitcoin can purchase gold on the Ripple network in the form of XAU balances issued by GBI.

With much of the price action in gold driven by sentiment and technical analysis, you should keep an eye on the broader trends, even if you consider yourself a buy - and - hold investor.

The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of 3/31/2018: BHP Billiton Ltd., Barrick Gold Corp., Franco - Nevada Corp..

It has even recovered the value of a $ 2 billion preferred equity investment into the holding company of bankrupt Brazilian tycoon Eike Batista by claiming assets including a Colombian gold mine and a key port.

Gold fell as the dollar held near the highest level in five years and investors reduced holdings in the largest exchange - traded product backed by the metal, curbing demand for a store of value.

The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of 6/30/2016: Barrick Gold Corp., Newmont Mining Corp..

The futures are designed to reflect the price of bitcoin without an investor having to physically hold the virtual currency, not unlike how oil, gold, copper or cocoa prices are determined by futures contracts.

In that article, I posed the question if Apple's market value really should be more than four times the market value of all the gold reserves and resource held by all the gold companies that comprise the HUI gold bugs index.

So the competition offered by sovereign bonds to gold — the other save haven investment — is basically gone from a practical point of view for people who will hold gold or bonds.

He has held a number of senior management positions in the Ghanaian gold mining industry, including General Manager of PMI Gold Corporation's Obotan Project, as well as Acting General Manager and Metallurgical Manager of the Damang Mine, which is 90 % owned by Goldfiegold mining industry, including General Manager of PMI Gold Corporation's Obotan Project, as well as Acting General Manager and Metallurgical Manager of the Damang Mine, which is 90 % owned by GoldfieGold Corporation's Obotan Project, as well as Acting General Manager and Metallurgical Manager of the Damang Mine, which is 90 % owned by Goldfields.

Should Apple's market value really be in excess of 4 - times the market value (the cumulative market capitalization) assigned to all the companies that comprise the entire HUI gold bugs index, and all the gold reserves and resources held by them?

George Soros recently increased his holdings in the GDX, the Market Vectors Gold Miners ETF by 69 %, from $ 59 million, to $ 100 million.

Several exchange - traded funds (ETFs) that hold gold have surged by a quarter in recent memory.

Kyrgyzaltyn has yet to see an offer by Chaarat Gold Holdings to acquire Kumtor mine, which is the Central Asian nation's largest gold operatGold Holdings to acquire Kumtor mine, which is the Central Asian nation's largest gold operatgold operation.

He said the cost of holding a digital gold certificate issued by Perth Mint will be less than the 30 to 40 basis points charged by ETFs.

While ETFs are backed by physical gold held in vaults and warehouses they also interpose a third party between the investor and the bullion.

In retrospect, the scheme was clumsy because the manipulation of the gold price was accomplished by the exchange of physical gold for dollars held by foreign creditors who saw the writing on the wall.

That s my best guess as it looks now but all asset classes seemingly are being manipulated from gold to bonds to currencies to stocks.Which one breaks away from the puppet strings that the Central Banks are holding on to.Fascinating that the dollar is surging causing gold and commodities money to be diverted to stocks.Is the dollar being purchased by our Fed?

The United States was by far the most powerful nation after the war and held far more gold than anyone else as well.

To put some context around this, let us consider for illustration's sake that about 80 % to 90 % of BoE gold holdings are accounted for by the official sector.

The U.S. offered to exchange gold for dollars held by foreign countries and thus the gold standard became accepted worldwide.

Comparing total gold holdings data with UK gold import and export flows confirms a strong link between the two, regardless of whether one is using UK trade data or what may be implied by Swiss Customs statistics.

For gold, the change in total stocks vs the change in ETFs also diverges when the entire period from July 2016 to March 2017 is taken into account — total loco London gold inventories increased by a modest 2 % or 5.34 moz but ETF holdings were down 8 % or 3.87 moz.

Buying gold from an online dealer offering storage will make your life easier in a number of ways (as long as your metal will be held by a third - party custodian, not the dealer itself).

Its gold, gas and diamond holdings are few smaller and they're counted by the nation's central bank in its $ 9.7 billion of dwindling foreign reserves, a paltry sum for any country.

The SPDR Gold Shares (NYSE: GLD), the world's largest exchange - traded product backed by physical holdings of gold, rose 1 percent in ApGold Shares (NYSE: GLD), the world's largest exchange - traded product backed by physical holdings of gold, rose 1 percent in Apgold, rose 1 percent in April.

He seems to be oblivious of the fact that all the gold sitting in the SGE's inventory is owned by someone, so in order for Trader Wong to satisfy an increase in his demand for physical gold by taking delivery, Trader Chang, the current owner of the gold held in the SGE inventory, must reduce his demand for physical gold by exactly the same amount.

Centerra noted in its statement that the Kumtor Mine is held through Centerra's wholly - owned, direct subsidiary, Kumtor Gold Company CJSC, and the transaction proposed by Chaarat could not occur without the participation of both Centerra and the Kyrgyz Republic Government.

Too be sure, whenever the COT report shows an extreme level in the bullion bank short position in gold and futures, offset by an extreme long position held by the hedge funds, the criminal banks implement a «COT stop - loss hedge fund long liquidation» algorithm which sets off the stop - losses set by the hedge funds and causes the now - familiar «waterfall» chart patterns that result from heavy bank manipulation of Comex trading.

The Petro will be backed by Venezuela's oil and gas reserves and its gold and diamond holdings, the president said in his weekly television program.

They simply want to avoid having instability disrupt their trade and domestic production, and to avoid having to take a loss on their international reserves held (mainly from inertia stemming from World Wars I and II when the United States increased its share of the world's gold to 80 per cent by 1950).

The remaining shares are held by minority shareholders including Gold Shine Investment with 9.9 % ownership and a number of current and former employees of the Bank.

Given the volatility that markets experienced after Brexit, therefore, investors were only too willing to seek the relative safety of gold, which resulted in holdings of gold - backed ETFs spiking by USD 4.3 billion in the 24 hours following the result of the referendum and represented the biggest one - day rise in four years.

The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of 3/31/2016: Barrick Gold Corp., Yamana Gold Inc..

But investors last week came home to the yellow metal after China announced it had increased its gold reserves by an additional 19 tonnes in July, boosting its total holdings to 1,677 tonnes (nearly 54 million ounces).

As was recently noted by Goldman Sachs, gold «is clearly better at holding its purchasing power, and has much lower daily volatility».

Short - sighted and commonly using a gold monocle, but very fond of hunting and often able to give the coup de grace to some (fairly) wild beast held by the huntsmen, monocle in one hand, sword in the other, he used to get through business at a kind of morning levee in his private rooms, leaving the rest of the day free for the hunt, the banquet, family affairs, and all the glorious social life.