Skepticism toward central banks’ ability to stimulate the economy through extraordinary monetary policies has helped to inaugurate a new bull market for gold. We highlight one of our favorite mining stocks for aggressive investors.
Mining stocks have moved to a momentum-driven phase, a change that suggests it’s time to close positions and book profits. In the meantime, oil prices and global growth are two critical factors when considering new investments.
Skepticism toward central banks’ ability to stimulate the economy through extraordinary monetary policies has helped to inaugurate a new bull market for gold. We highlight some of our favorite mining stocks for aggressive and conservative investors.
The mining industry continues to grapple with persistent oversupplies of many base metals, depressed prices and rising costs. This recent spin-off promises a generous dividend and incremental upside from cost cutting.
Concerns about slowing economic growth in China, coupled with supply overhangs in many key commodity markets, have weighed on share prices in the mining industry. But bargains abound for income-seeking investors with the patience to wait for a recovery.
Most of our Lifelong Income Portfolio holdings have reported second-quarter results. However, the news flow continues to come fast and furious, with one of our top value plays announcing plans to spin off some of its assets as a new entity. Here’s our take on this strategic move and the latest developments affecting our other picks.
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