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Saturday, 07/27/2019 2:14:34 AM

Saturday, July 27, 2019 2:14:34 AM

Post# of 1715
What’s really important is that a lot of these companies have become more lean, they’re more efficient, so that’s a positive part to it,” Holmes told Kitco News from the floor of the NYSE.

Holmes’ comments come as VanEck Vectors Gold Miners ETF (GDX) climbed 34% year to date, while gold bullion climbed only 11%.

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), launched by U.S. Global ETFs, outperformed even the GDX, with year to date gains at 40% as of Wednesday.


Holmes attributed his fund’s outperformance to a series of important financial metrics that were taken into consideration when picking the stocks for the ETF.


https://www.kitco.com/news/2019-07-26/Here-s-Why-Miners-Beat-Gold-This-Year.html

https://kerrmines.com/

« ... A group of armed men stole a haul of gold and other precious metals worth at least $30 million from a Brazilian airport Thursday, according to Brazilian state news agency Agencia Brasil.

Eight men targeted a cargo terminal at Sao Paulo-Guarulhos International Airport, driving two trucks that resembled those driven by Brazilian federal police, the agency said. At the terminal, four men exited the truck wearing face coverings, Reuters reported, saying that at least one carried a rifle.

The armed men took two airport workers hostage, Reuters said. One was the airport's logistics supervisor, according to Agencia Brasil, which said the hostages were released unharmed.

The gunmen left the airport with approximately 750 kilograms (1,653 pounds) of gold and other metals due for shipment to Zurich and New York. No shots were fired and no one was injured during the robbery, the state news agency said.

https://www.cnn.com/2019/07/26/americas/brazil-sao-paulo-airport-heist-scli-intl/index.html