Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
Kirazli
Alamos (TSE:AGI) Increases Semi-annual Dividend
Alamos Gold (TSE:AGI) increased its semi-annual dividend again, bumping it up by 17 percent. In April the company declared a dividend of 3 cents a share, and it was increased to 3.5 cents a share now. CFO John Morda said in a statement, “This dividend increase reflects our balance sheet strength, increased realised gold sale prices, and our continued ability to generate strong cash flows from
