Tag: Gold Prices

Gold: The Ultimate Inflation Hedge – Telegraph.co.uk | THE HOTTEST …

Filed in African Gold, Australian Gold, Bank Gold, featured, Gold, Gold Prices, o by on October 13, 2013 0 Comments

He said: “It can also be difficult to access as an asset class: many people end up buying funds that are largely invested in mining stocks , which don’t always reflect gold prices accurately.” Other options include buying gold bullion or …

Continue Reading »

When gold is not safe !!

When gold is not safe !!

SHARE prices of gold mining companies across the globe took a dive Monday after prices for the precious metal plummeted for a second straight day. The plunge of gold prices news has been resounding around the world in recent weeks   Exchange-traded funds were dumping their gold holdings amid a more pessimistic outlook for gold, which […]

Continue Reading »

Gold: the ultimate inflation hedge | Al Tech Latest News World

Filed in Australian Gold, Gold, Gold Prices, Indonesian Gold, o by on February 20, 2011 0 Comments

Hе ѕаіd: “It саn аlѕο bе hard tο access аѕ аn asset class: many public еnd up buying assets thаt аrе largely invested іn mining stocks , whісh don’t always reflect gold prices accurately. ” Othеr options include buying gold bullion οr …

Continue Reading »

Market Wrap-Up for Feb.8 (MCD, CL, AET, CLX, AVP, more)

The second interest rate hike in China in less than a month is being digested by Wall Street right now with a ho-hum reaction this morning. At some point the market will begin paying a bit more attention. With numerous M&A deals still being announced, and IPOs lining up on the runway, we’re not sure when the buying streak will begin to ease up, but we are carefully examining possible scenarios. Gold prices seem to be perking up today, as the last four months have been nothing but sideways action. At some point soon, we will see either a coiled spring effect and higher prices, or impatient investors heading for the exits. Elsewhere in the markets, shares of McDonald’s ( MCD ) got a nice boost from solid January sales. Colgate-Palmolive ( CL ) was also rallying on some takeover rumblings. Aetna ( AET ) and Clorox ( CLX ) had some decent buying following positive analyst comments. Avon Products ( AVP ) went in the opposite direction following lackluster earnings results. I was reading numerous accounts of AOL’s acquisition of the popular news site The Huffington Post yesterday. I tend to pay attention to what is happening in the web media space closely, as our firm is often grouped into that space, since “.com” is part of our brand. You have to question the uncanny love that is expressed for the deal, with the word “innovation” being tossed around in seemingly every other compliment. Sorry, but what is innovative about having 6000 contributors writing free content for your website, as Ms. Huffington managed to achieve? The company does only have 200 employees and can be described as lean and mean, but innovative? I’ve also seen a lot of insults leveled toward “old media” (newspapers, magazines) regarding their new goals of putting up so-called “pay walls” (which just means you charge users to access your content). If I were running the New York Times or any other major paper, I would’ve put some sort of pay wall up years ago. Why charge for a print version and give it away online for free! The lack of vision has costs thousands and thousands of jobs in the newspaper and magazine industries. Some people may say “who cares, it’s free now, I can get the same information anywhere on the web.” I don’t know about you, but reading articles created by content farms that pay writers $3 a post (if that) isn’t exactly very appealing. Unfortunately, that’s the direction that many online media plays are heading. I am not going to knock Arianna Huffington and her major payday, but at the end of the day, it wasn’t so much about innovation, as it …

Continue Reading »

2011 Gold and Silver Predictions

2011 Gold and Silver Predictions

Gold prices are off to an expected pullback for the year. But this short-term dip won’t last long… After forming a triple top pattern at the very end of 2010, the price of gold has fallen nearly 5% to about $1,350 an ounce. Take a look: We may continue to see a bit of downward pressure on gold prices in the near term; but as economic problems continue to drive investors into safe-haven hard assets, the price of gold will be headed higher later this year. That means if you’ve been waiting for an opportunity to make a little money in gold, the market may be carving out a nice little spot to make some bullion purchases at a decent price to prepare for the next leg up. There are many who estimate gold will top the $1,500 level this year. But I think we’ll see gold make a heart-stopping race to $1,700 an ounce by the end of the summer. Silver is also going to be a big winner for us in 2011. The demand for silver as an investment has increased dramatically over the past several years as the retail market has become more accepting of silver as money and a store of wealth. And as gold prices approach $2,000 an ounce, I believe silver will be preferred by many — if not most — retail customers as a cheaper alternative that provides the level of wealth protection investors might be looking for. With that in mind, I think the price of silver will break $50 an ounce this year. Both gold and silver will be highly profitable for investors this year. But the real money will be made from the junior companies that explore for new resources and develop new projects to mine for these precious metals… Shares of junior gold and silver exploration companies can often skyrocket overnight — especially when they make new discoveries. And making new discoveries is their specialty… You’d think that the most talented precious metal prospectors work for the major gold companies like Barrick Gold (NYSE: ABX) and Newmont Mining (NYSE: NEM), but that isn’t the case. You see, the most talented mine finders stand to make a lot more money if they go out on their own. A top geologist with a major that makes a big discovery might get a sizable bonus and bigger …

Continue Reading »

Weekend: Tomorrow’s News Today

Welcome to the Wealth Daily Weekend Edition— our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles. As the markets continue to feed the bulls with yet another push to the upside, it’s but a sideshow to the world’s entrepreneurs. Deaf to market chatter, they simply go about their work as the talking heads on CNBC like Cramer and Maria take it all into overdrive. And while the markets matter in the grand scheme of things, to the truly creative types, it only provides a faint background noise. Instead, they are busy doing what they have always done: pushing their dreams down the unknown road. As always, the ascent of man reaches for a higher place. That’s why the future is so hard to predict. Innovation alters the world in ways we don’t always expect. So what can we look forward to over the course of the next five years? Advertisement The Biggest Investment of the 21stCentury It’s called the smart grid… and it’s about to revolutionize the way we use our electricity. GE and Google have already committed billions to this technology… But a handful of “super-ups” are poised to dominate this $297 billion/year industry… Get their names and ticker symbols here. According to IBM’s (NYSE: IBM ) latest “Five in Five,” technology will change people’s lives in the following ways… 1. You’ll beam up your friends in 3D. In the next five years, 3D interfaces (like those in the movies) will let you interact with 3D holograms of your friends in real time. Movies and TVs are already moving to 3D, and as 3D and holographic cameras get more sophisticated and miniaturized to fit into cell phones, you will be able to interact with photos, browse the Web, and chat with your friends in entirely new ways. 2. Batteries will breathe air to power our devices. In the next five years, scientific advances in transistors and battery technology will allow your devices to last about 10 times longer than they do today. And better yet, in some cases, …

Continue Reading »

Newmont Mining (NYSE:NEM) Gets PT Boost from Barclays

Barclays (NYSE:BCS) has given the large cap gold miners a boost on their price targets today, as they see gold prices rising in 2011 and margins and earnings increasing as a result. Barclays said, “Our earnings model now reflects marked-to-market metals prices for 4Q 2010 and updated gold price assumptions for 2011-2014. Based on these assumptions, our new 12-month price target of $50 assumes a

Continue Reading »

Kinross Gold (NYSE:KGC), Harmony Gold Mining (NYSE:HMY), Yamana Gold (NYSE:AUY), Eldorado Gold (NYSE:EGO) Hammered Again on Down Gold Day

Kinross Gold (NYSE:KGC), Harmony Gold Mining (NYSE:HMY), Yamana Gold (NYSE:AUY) and Eldorado Gold (NYSE:EGO) took another hit Wednesday as gold prices ended in the negative, although much better than the last couple of days.The good news is some gold miners like Novagold (AMEX:NG), Ivanhoe (NYSE:IVN) and Iamgold (NYSE:IAG) all closed in the positive, and Ivanhoe has been positive even on some of

Continue Reading »

ADP Surprises to the Upside

Filed in BP, economy, Gold, Gold Market, Gold Prices, housing-market, o, RBC Capital by on January 5, 2011 0 Comments
ADP Surprises to the Upside

Here’s one for the bulls. ADP has surprised to the upside this morning. Are happy days here again? Only time will tell. Either way, more jobs beats fewer jobs any day of the week. From Reuters by Jonathan Spicer entitled: Surprise Jobs surge boost economic outlook “A surprise surge in private-sector employment last month to its highest level on record provided the most bullish signal in months that the economy is slowly mending. Private employers added 297,000 jobs in December, triple the median estimate by economists and up from the gain of 92,000 in November, an ADP Employer Services report showed on Wednesday. “You cannot ignore the strength of this report,” Tom Porcelli, a U.S. economist at RBC Capital Markets. “With small business now beginning to start to ramp up hiring, it’s safe to feel better about the labor backdrop.” Adding to the rosy picture, the number of planned layoffs at U.S. firms fell last month to the lowest level in 10 years, according to a report by consultants Challenger, Gray & Christmas Inc. The ADP figures came ahead of the government’s much more comprehensive labor market report due on Friday, which will include both public and private sector employment. That report is expected to show a rise in overall nonfarm payrolls of 140,000 in December, based on a recent Reuters poll of analysts, but a rise in private payrolls of 145,000. Economists often use the ADP report to fine-tune their forecasts for the payrolls numbers, though it is not always accurate in predicting the outcome.” All eyes have now shifted to the Friday BLS number…. Related Articles: The Top 25 Financial Stories of 2010 2011 Housing Market Forecast Case-Shiller Index Screams Housing Double Dip Zandi: Expect 8% Home Price Declines To learn more about Wealth Daily click here Advertisement This Metal Humiliates Gold It took gold prices an entire decade to make investors 387%. … But experts believe that this little-known metal could hand you more than four times your money in the next couple of months! Click here to find out how. ADP Surprises to the Upside originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

Continue Reading »

Market Wrap-Up for Dec.21 (TD, CCL, DRI, DE, CAT, more)

Gloomy economic headlines continue to come at us every day, and they will likely not stop. At the same time,the market continues to climb higher, leaving many investors to watch on the sidelines. You should check out the video Tom and I put up today about focusing your worries elsewhere, preferably on what you are doing with your investment portfolio, including maximizing retirement accounts among other tax-advantaged accounts. Of course, it does make sense to watch the economy, but so many investors have been paralyzed with fear that the 80% plus rally off the March 2009 lows continues to be among the most hated rallies from a retail investor standpoint. Huge cash piles for corporations will only lead to further M&A, increased dividend payouts, and stock buybacks in 2011. Are you ready to put money to work when the eventual pullbacks happen? Good markets will always have pullbacks, I just wish we can get even more now, so that the entry levels can improve for investors. We’ll continue to absorb the data that comes at us, and will be sure to pass on the anecdotes that could matter when corrections come. The one area that worries me a lot continues to be gold, despite the big run it has had. I worry about it mostly from a crowded trade standpoint. This is not a new worry, but is one that I have had the last couple of months. During that time, gold prices have remained stuck in a tight range, with the inability to hit new highs. Take notice and be ready to act if you have been adding to exposure to the yellow metal (through miners, gold etfs, etc.) Looking at today’s action, TD Bank ( TD ) saw a nice bump higher on news it is acquiring Chrysler Financial, the former financing arm of Chrysler Group, which is now being sold by Cerberus Capital Management. This is another example of deals where a corporation is betting big on economic stability and

Continue Reading »

Market Wrap-Up for Dec.16 (FDX, ABX, DFS, V, MA, WYNN, SBUX, more)

There was an interesting story out today talking about how Bill Gross’s $250 billion PIMCO Total Return Fund may be investing 10% of its assets in equity securities in 2011 — and has seemingly turned a lackluster market right back up. Gross, the so-called “bond king,” has grown much less bullish on bonds, but has been on record in some of his recent newsletters that he likes income plays such as dividend stocks for long-term investors. We sent out our Thursday “Dividend Top 100 Names on Our Watchlist” post this morning. Each Thursday we look at our various proprietary watchlists and sort through the names that are trading at or near all-time highs and put them in a list to share with all our Premium subscribers. Outside of looking for names that we feel are becoming a real bargain, this list is what we are using to find our next recommendations. Of course, the stocks on this list that have low or minimal dividend yields would only be suited for “aggressive” investors who are seeking growth over yield. I hope everyone checks it out! There appeared to be a bit of rotation out of gold today going on with mining plays Agnico-Eagle Mines ( AEM ) and Barrick Gold ( ABX ) both getting hit hard, along with gold prices. On the earnings front, Discover Financial Services ( DFS

Continue Reading »

The Armageddon Hedge

The Armageddon Hedge

The world is an orchestra. And it’s under the complete control of the international banking cartel. They’ve conspired the orchestration of a hostile consolidation of power and control for themselves at the expense of you, me, and everyone you know. They have total control over the world’s governments, media, religions, corporations, and organized crime — pulling the strings tied to every major organization and institution that yields considerable power. Every day in the financial news, we witness the small steps of a global banking crusade that has been designed to bring us to our knees economically, socially, and politically. Whether you want to believe it or not, the world banking syndicate has a plan. And their plan doesn’t involve our best interests. Fortunately, there is still a little time for the unprepared to secure their personal financial futures… ~~SIGNUP_WD~~ Gold is the only Armageddon hedge The absolute best way to store value is gold. Plain and simple. And investors worldwide are starting to wake up to this fact. Over the past several months, we’ve watched gold investment demand skyrocket in places like China, despite rapidly rising prices. These new investors have become aware that something is wrong. And they’re taking action. The global investment demand for gold is the most reliable barometer of what’s really going on behind the smoke-and-mirrors routine of banks and their minions. Global Gold Investment Demand World investment demand for gold has increased 250% in the past ten years. Sales of official gold coins (like the American Gold Eagle) have increased 618% since 2007. Gold demand for ETFs has increased 20,470% since 2002. And the recent spike in gold investment demand foreshadows the consequence phase of the world bankers’ devious scheme for control of power. Knowledgeable investors can see this, and are increasingly turning to gold as the only true wealth preserver. They will be the lucky ones. Those who still don’t get it and avoid or miss ownership of gold will be financially devastated due to devaluing currencies worldwide and economic distortions of all kinds. I wish them luck. Right now, the price of gold is taking a breather after three weeks of major gains. However, no market goes up in a straight line, and it’s expected to have these kinds of broad sell-offs. That means for those who are looking to buy the physical precious metals, these are the moments to take notice and make your purchases. Based on the patterns of the last eight months, this dip won’t …

Continue Reading »