Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Goldcorp reported Wednesday that adjusted net earnings for the first quarter of this year increased 150% to US$397 million or 50-cents per share, compared to $159 million or 22-cents per share in the first quarter of 2010.
Net earnings for the first quarter of this year were reported to be $651 million or 82-cents per share, compared to $232 million or 32-cents per share reported in the first-quarter 2010.
