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Schultz directed the Muchmores to nine solid, albeit not cheap, mutual funds, such as First Eagle Gold Fund, which charges 1.41% of assets yearly and a maximum 5% upfront sales charge.
FORBES: The 2005 Investment Guide
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Groenewegen, along with Rachel Benepe of First Eagle Investment management and Juan Carlos Artigas of the gold council, all sharing a panel on gold at the aforementioned conference, made a case for gold as a hedge, not only of inflation, but of risk.
FORBES: Gold's Wild Price Swings Amid Thinly Traded Markets
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Agnico-Eagle produced 254, 955 payable gold ounces in the first quarter compared to 252, 362 payable gold ounces produced during the same time last year.
FORBES: Agnico-Eagle Begins 2012 With A Strong First-Quarter
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In the US, the United States Mint has doubled its production of American Eagle gold coins to 954, 000 ounces during the first nine months of the year.
BBC: The Royal Mint quadruples gold coin production
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Despite the strong operating start to the first quarter, Agnico-Eagle maintains its original guidance of 875, 000 to 950, 000 ounces of gold production in 2012.
FORBES: Agnico-Eagle Begins 2012 With A Strong First-Quarter