Gold

The Real Reason for the Global Financial Crisis…the Story No One's Talking About

[Part I of a three-part series looking at how so-called “credit default swap” derivatives could ignite a worldwide capital markets meltdown.] By Shah GilaniContributing Editor Are you shell-shocked? Are you wondering what's really going on in the market? The truth is probably more frightening than even your worst fears. And yet, you won't hear about […]

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Gold's Meteoric Rise Couldn't Save Harmony Mining

By Mike Caggeso Associate Editor Despite gold's meteoric rise, South Africa-based Harmony Gold Mining Co. (HMY) posted its third-straight quarterly loss as the company suffered a 44-day mine stoppage and an 8.3% decline in gold production. After factoring in taxes, exploration costs and operating costs, the company lost $7 million (55 million rand). The company's […]

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