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With Gold Surging, Miners Face Payouts Versus Production Dilemma

(Bloomberg) — As gold prices rise, miners have been boosting shareholder payouts in the face of a decline in global output. That’s worrying some investors concerned about the longterm growth prospects of an industry built on a depleting resource.The value of gold, a haven commodity, is driven more by global economics than supply and demand. Any unexpected event — from a surprising cure for coronavirus to a positive trade deal — could drop the value significantly. High prices put more gold scrap on the market, low ones increase hoarding and, if miners’ output remains static, so should profits.Increasingly, investors are …read more […]

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3 Monster Growth Stocks Primed for Further Gains

When it comes down to it, investors are focused on a single factor: a stock’s ability to deliver returns. As Wall Street observers gauge the strength of a particular investment opportunity, often, they will filter out the noise and instead, concentrate their attention on its long-term growth prospects. We are referring to whether or not a name can achieve sustainable growth over the long haul, handsomely rewarding investors in the years to come.So, with this goal in mind, what’s the first step for investors ready to get down to business? It’s narrowing down the multitude of tickers traded in the …read more […]

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Third Cruise Passenger Dies; Over 100 Italy Cases: Virus Update

(Bloomberg) — South Korea raised the country’s infectious-disease alert to the highest level after a 20-fold increase in coronavirus cases in five days. Infections in Italy climbed to 100 as emergency measures were implemented.In Japan, a passenger on the ill-fated Diamond Princess tested positive after arriving home north of Tokyo, despite a negative reading during the ship’s quarantine. Three people from the ship have now died, NHK said. The latest developments underscored that the focus on averting a global pandemic is now outside China.China’s top leadership pledged further fiscal and monetary steps to help growth rebound, while finance chiefs from …read more […]