The Traderszone Network

Protecting Trump will cost taxpayers $35 million

The security necessary to protect President-elect Donald Trump at his residence in the Trump Tower in midtown Manhattan comes at a cost — and a steep one at that.

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Gold managed to rebound slightly in 2016, rising 8% and making back a bit of the lost ground that it had suffered in previous years. Nevertheless, the year-end closing price of around $1,145 per ounce was still far below the levels at which it has traded in the past. Over the coming year, investors would like to see gold’s modest upturn finally start to take hold and accelerate, producing gains for gold-tracking investments like the SPDR Gold Trust (NYSEMKT: GLD). Let’s look at how the gold market has fared lately and what it means for gold prices in 2017 and beyond.

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Gold managed to rebound slightly in 2016, rising 8% and making back a bit of the lost ground that it had suffered in previous years. Nevertheless, the year-end closing price of around $1,145 per ounce was still far below the levels at which it has traded in the past. Over the coming year, investors would like to see gold’s modest upturn finally start to take hold and accelerate, producing gains for gold-tracking investments like the SPDR Gold Trust (NYSEMKT: GLD). Let’s look at how the gold market has fared lately and what it means for gold prices in 2017 and beyond.

read more

SpaceX plans to blast off a rocket on Saturday for the first time since a launch pad explosion in the fall.

SpaceX plans to blast off a rocket on Saturday for the first time since a launch pad explosion in the fall.

FANG seems to have convinced analysts it will move to profitability on rising oil prices.

FANG seems to have convinced analysts it will move to profitability on rising oil prices.