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Silver price hits $50 for first time since 1980
Silver reached the $50-an-ounce level for the first time in decades on Thursday as surging demand for safe-haven assets led to a squeeze on the already-tightened London bullion market. Spot silver traded as high as $51.23 per ounce, the highest since a notorious squeeze orchestrated by the billionaire Hunt brothers in 1980, as investors continued to pile into precious metals. Read on »
Rare earths stocks surge after China tightens grip on global supplies
Ramaco Resources soared more than 11%, Energy Fuels surged over 12%, USA Rare Earth jumped more than 16%, NioCorp Developments rallied 14%, and MP Materials advanced over 6%. Albemarle popped 7%, Trilogy Metals rose over 4%, and Lithium Americas was up about 2%. Read on »
Is it too late to add gold to your 401(k)?
Investors watching the price rocket higher face a conundrum. Should you buy gold at $4,000 an ounce? Should you sell? Has it risen too far? Does it have further to go And, maybe: Should you have any gold in your 401(k) or retirement portfolio at all? Read on »
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