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 [...]
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OK, ok, the photo is a bit hyperbolic, but it raises an essential point. Whether or not you view the trending weakness in the US dollar a good thing, it makes sense to protect your money from further downside.
Why, you may ask, should you hedge against USD weakness if you never leave the US or [...]
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September 4, 2009 · 18 comments
in September, gold, investing, market reports, penny stocks, precious metals, silver, stock picks, stocks, wealth protection
September and October are traditionally weak months in the stock market, but it is the “September Effect” that fears professional and technical traders the most. Yesterday (September 3, 2009) gold prices jumped up 17% per ounce in gold trading, closing near the key psychological resistance point of $996/oz. No surprises here, perhaps as the last [...]
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