From the category archives:
October 1, 2010
in 2010, Jim Rogers, Obama, October, Peter Schiff, bull market, commodities, currencies, gold, hedging, hyperinflation, indicators, inflation, market reports, market trends, precious metals, seasonal investing
Gold prices broke out past the $1300/oz mark later in September, just as I predicted in my post on gold prices in August. It didn’t take much market turmoil or negative market news to push gold higher – just the promise of QE lite in November and the prospect that the midterm elections will remain [...]
-{ Comments on this entry are closed }
August 30, 2010 · 3 comments
in bull market, commodities, economy, gold, indicators, investing, market reports, market timing, precious metals
Gold is now itching to break through its 6-week high. Q4 is usually the strongest quarter for gold, so you might want to get ready for it. Remember just six months ago when everyone was talking about the bubble in gold around $1100/oz?
This time last year, you laughed when gold was $950/oz.
But over a period [...]
{ Comments on this entry are closed }
August 9, 2010 · 5 comments
in 2010, 2011, August, bubble, bull market, forecasts, gold, inflation, precious metals, seasonal investing, wealth protection
At gold’s present rate of return, we’ll see gold price at at least $1400 an ounce in one year. Remember that just a year ago gold was still testing the $1000/oz. mark. And so this estimate of gold rising by another $200 already starts to seem conservative. If gold’s pace of increase is quickening, we [...]
-{ Comments on this entry are closed }
May 12, 2010
in GoldMoney, Greece, central banks, europe, gold, hyperinflation, international economy, international stock market, market reports, market trends, news and updates, precious metals, sovereign debt, stimulus, world order
In a surprise reaction to the weekend approval of the one trillion euro bailout of Greece (750 billion euros from the ECB and 250 billion euros from the IMF, i.e., U.S. money, i.e., China’s savings), markets remained suspicious of long-term improvement in both Greece and the Euro.
As a result, this week has seen a steady [...]
{ Comments on this entry are closed }
March 8, 2010 · 11 comments
in CAD, Canadian, Canadian economy, S&P/TSX, TSX, US debt, US economy, USD, commodities, currencies, depression, diversification, economy, energy, financial planning, foreign investment, forex, gold, hedging, international economy, international stock market, investing, mining, oil, precious metals, preparedness, recession, stock picks, wealth protection
With the US dollar increasingly perceived to be walking on shakier ground, and no significant signs in sight that the US will be able to pay off its debts without radical quantitative easing (i.e., effective devaluation of the dollar); continued unemployment levels near 10% and no short-term fix in the ongoing housing slump (more foreclosures [...]
-{ Comments on this entry are closed }
December 29, 2009 · 7 comments
in GoldMoney, USD, commodities, gold, hedging, international stock market, investing, market trends, metals, mining, precious metals, stocks, wealth protection
As I write this in late December 2009, gold sits at “only”! $1104/oz., when just about two weeks ago it was at its all-time secular high north of $1200. Many correctly called what seemed to be, at least in the short-term, a “gold bubble.”
But I don’t think it’s wise to write gold off completely. Gold [...]
{ Comments on this entry are closed }
November 27, 2009 · 10 comments
in US Treasury, USD, central banks, commodities, currencies, foreign investment, forex, gold, hyperinflation, inflation, international economy, mining, precious metals, resources, wealth protection, world reserve currency
A gold tsunami is at our doorstep. It’s not about a bubble, trade or even a wall of fear. It might be partly some of each of those things, but that’s because it’s much, much bigger than each of those things. And I’m no gold bug – nor do I keep a cabin hideaway full [...]
-{ Comments on this entry are closed }
The Highest Dividend Stocks
Canadian Dividend Stocks
Peak Oil and the End of Globalization?
World Reserve Currency Update
How To Get Ready For Double-Digit Inflation
When Gold Reaches $2000/oz
Canadian Dollar vs. US Dollar
Large-Cap Canadian Energy and Materials Stocks
Canada's Largest 60 Companies
What's the S&P/TSX Composite?
Canada's Silver Mining Stocks
Best Canadian Banks to Invest In
