“Investment bankers see gold-mining deals rebounding this year from a near-decade low as producers target assets at fire-sale prices after the metal plunged. Gold-mining companies are close to their cheapest relative to book value in at least two decades, according to data compiled by Bloomberg. Meanwhile producers will be enticed to replace some of the output lost when they sold or curtailed less-profitable mines, said Barclays Plc’s Paul Knight. The Standard & Poor’s/TSX Global Gold Sector Index lost almost half its value last year as the metal fell the most in more than three decades.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
FBI: Border Patrol agent was likely killed by friendly fire
Adam Kokesh Interviewed from Jail: "I'll Run For President To Abolish The U.S. Government"
Be Very Careful, Beloved Spain
Greenpeace activists break into French nuclear power plant
He built his own toll road: solving problems the State's too useless to fix
UN orders its inspectors out of Syria over fears of U.S. air strike
Millennials Mired in Wealth Gap as Older Americans Recoup Wealth
Officer Points Gun At Restaurant Patron To Prove He's A Cop
‘Citizen Drone Warfare’: Hobbyist explores a frightening scenario
Tanzania Readies Rules to Open Stock Market to Foreigners
Der Spiegel Laments The Rapid Spread of Printable Pistols
Virginia State Trooper inattentively plows into skateboarder, beats hasty exit
Afghanistan gains will be lost quickly after drawdown: NIE
Melbourne residents turn unused car parks into cash
Tree Theft on the Rise in Germany as Heating Costs Increase