Stories tagged: gold
THURSDAY, FEB. 23, 2017
100 years ago today in Spokane: Gold coins, the currency of the West, losing to paper money juggernaut
A Spokesman-Review editorial noted that one of the West’s last distinctive mannerisms — the preference for gold coins over paper money — was about to bite the dust. For a …
MONDAY, FEB. 20, 2017, 10:28 A.M.
Gold isn’t behaving in practice the way it should in theory
What works for gold in practice rarely works in theory. The last three U.S. interest-rate increases that should, all other things being equal, be bad for the metal have seen …
THURSDAY, FEB. 2, 2017, 1:43 P.M.
Gold bulls emboldened as Fed grapples with Trump uncertainty
The Federal Reserve has emboldened gold bulls. Prices and trading volumes surged Thursday on call options giving holders the right to buy bullion at higher prices. On Wednesday, investors poured …
THURSDAY, JAN. 26, 2017
Movie review: McConaughey glitters in ‘Gold’
It’s been said that Matthew McConaughey is a character actor trapped in a leading man’s body. His latest film, “Gold,” directed by Stephen Gaghan, is his most extreme character work …
TUESDAY, JAN. 10, 2017, 12:09 P.M.
Hecla Mining silver, gold production up sharply over 2015
Silver and gold production surpassed expectations for 2016, Coeur d’Alene-based Hecla Mining Co. said Tuesday.
FRIDAY, DEC. 30, 2016, 10:36 A.M.
Trump’s Twitter age brings chaos risk reviving gold as haven
The Donald J. Trump era is marking a new age for gold as an investor safe haven. While the precious metal has always been hoarded in times of trouble, a …
TUESDAY, DEC. 20, 2016, 12:33 P.M.
Gold coins found in Salvation Army kettles around region
A Salvation Army worker has found a gold coin amid contributions collected in Montana.
THURSDAY, DEC. 15, 2016, 12:46 P.M.
Gold can’t catch a break as prices extend slide to 10-month low
A day after the Federal Reserve signaled rates will rise next year faster than expected, the Labor Department released data showing fewer Americans filed for applications for unemployment benefits, validating …
THURSDAY, DEC. 15, 2016, 10:25 A.M.
Dollar rises to 13-year high as U.S. stocks rebound, gold sinks
The dollar climbed to the highest level since 2003 against the euro and gold plunged as the prospect of a steeper path for U.S. interest rates filtered through markets. U.S. …
SUNDAY, DEC. 11, 2016
Gold ‘getting hit from all directions’ as investors flee funds
Everything’s against gold at the moment. Gold futures closed at the lowest level since February as the Federal Reserve gears up to raise rates, while U.S. equities at record levels …
WEDNESDAY, NOV. 30, 2016, 9:50 A.M.
Thief stole 86-pound bucket of gold flakes worth $1.6 million, police say
Police in New York City are looking for a quick-thinking thief who stole an 86-pound bucket of gold flakes worth nearly $1.6 million off an armored truck in Manhattan.
MONDAY, NOV. 21, 2016, 10:39 A.M.
U.S. moves to block mining near Yellowstone National Park
U.S. officials plan to block new mining claims outside Yellowstone National Park as the Obama administration races in its last days to keep industry out of pristine and environmentally sensitive …
FRIDAY, NOV. 18, 2016, 6:58 P.M.
Silver ETF investors exit as bear market looms on rate concerns; others drop gold
With traders pricing in near certainty that U.S. borrowing costs will rise next month, silver investors are heading for the exit.
MONDAY, AUG. 22, 2016, 4:17 P.M.
California court upholds ban on dredges to extract gold
California’s ban on the use of suction dredges to extract gold from rivers is legal and not overridden by a 19th century federal law that allows mining on federal land, …
FRIDAY, JULY 29, 2016, 11:32 A.M.
Montana receives new proposal for gold mining near Yellowstone
A company has resubmitted its application to look for gold in Montana near the Yellowstone National Park border after state officials raised some concerns with the project.
MONDAY, JULY 11, 2016, 10:22 A.M.
Beware of scary Brexit headlines pushing you to buy gold
NEW YORK – If you thought the Brexit vote was scary, check out the full page newspaper ad that recently appeared in the New York Times recounting all the horrors …
FRIDAY, MARCH 20, 2015
Idaho coin shop owner sentenced
People who feel they were swindled by a North Idaho coin shop that took their payments for gold and silver but failed to deliver the goods finally got their day …
MONDAY, DEC. 22, 2014
The Rock Doc: Keeping warm on a cold night with gold fever
I own a couple of small gold nuggets. They came from the Round Mountain gold mine in Nevada, which I visited a few years ago. A tour of the open-pit …
SUNDAY, NOV. 23, 2014
Jim Kershner’s this day in history
From our archives, 100 years ago Spokane police caused a scene of panic when they raided a Chinese and Japanese gambling house in Spokane’s Chinatown on Trent Avenue.
MONDAY, DEC. 9, 2013
Rock Doc: Miners’ mercury still makes mark on environment
When I was a younger and more sprightly woman, I spent part of my life investigating unusual hot springs in rural California. They were salty and quite stinky springs out …
THURSDAY, NOV. 7, 2013, 8:45 A.M.
Better Business Bureau finds gold price disparity
Anyone selling gold jewelry to businesses that promise to pay “top dollar” should go the extra mile to price-compare their offers, according to a secret shopper test conducted by the …
THURSDAY, APRIL 18, 2013
Idaho files suit against former CdA coin store
The Idaho Attorney General’s office has filed a lawsuit alleging that a former Coeur d’Alene coin store, its owner and its operator broke state consumer protection laws by failing to …
MONDAY, JULY 30, 2012, 12:16 P.M.
U.S.’s Grevers sets Olympic record in 100 back
LONDON (AP) — Matt Grevers of the United States set an Olympic record to win the men’s 100-meter backstroke at the London Olympics today.
SUNDAY, AUG. 14, 2011
Protect yourself when selling
If you have gold to sell, whether quality heirlooms or pieces of “scrap” (broken chains, a single earring, dental crowns), you need to protect against rip-offs, say area gold buyers. …
SUNDAY, AUG. 14, 2011
As gold’s value continues surge, business spikes locally
As gold prices skyrocket, area residents are searching through closets, drawers and jewelry boxes to find rings, chains or other items worth selling. For many, the question becomes: Is that …
WEDNESDAY, AUG. 10, 2011, 12:34 P.M.
Gold shoots past record $1,800 an ounce
The price of gold surpassed $1,800 an ounce today for the first time as investors pulled their money out of stocks and snapped up precious metals contracts.
TUESDAY, AUG. 9, 2011
CdA Mines reports 2Q earnings gains
Coeur d’Alene Mines Corp. reported improved financial earnings during the second quarter, citing record metals prices and strong production at the company’s gold and silver properties in Alaska, Bolivia and …
TUESDAY, NOV. 30, 2010
Gold search under study in Okanogan County
OROVILLE, Wash. – The Buckhorn Mine’s owners want to explore for additional gold deposits in northern Okanogan County. Echo Bay Exploration Inc. wants to explore about 10,000 acres of federal, …
WEDNESDAY, JULY 7, 2010
Extraction begins at gold mine
After two decades of permitting battles, Coeur d’Alene Mines Corp. has begun extracting gold from its Kensington Mine in Alaska. Nearly 200 people work at the underground gold mine, located …
TUESDAY, APRIL 27, 2010, 1:40 P.M.
Stocks pull back on Europe’s deepening debt woes
Investors are once again worried that debt problems in Greece and Portugal could threaten the global economic recovery.