Barrick and Newmont reached an interesting deal

In hindsight, it seems like Mark Bristow used the opening provided by the Newmont (NEM)-Goldcorp (GG) merger, to force a Barrick (GOLD) controlled Joint-Venture. The last couple of months have been heated in the gold industry (GLD), with the Barrick-Rangold merger taking the spotlight, followed by the Newmont-Goldcorp deal. Once the Newmont-Goldcorp deal was announced,… Read More Barrick and Newmont reached an interesting deal

China, U.S. Tension Is An Opportunity To Boost Your Portfolio For The Long Term

Summary Trade tensions are boosting the USD. Trade tensions and debt crackdown are depressing the Chinese market. Fundamentally, China remains a long-term bet and the time for asset rotation might be approaching. (Photo credit: Gage Skidmore) Let’s face it. China is on the rise; it is already one of the centers of a multi-polar world. However, trade… Read More China, U.S. Tension Is An Opportunity To Boost Your Portfolio For The Long Term