December 26, 2010 · 2 comments
in 2011, US debt, bubble, bull market, coins, commodities, currencies, forecasts, gold, precious metals, silver
2010 was one of the best years on record for gold and silver – and predictions for gold and silver performance in 2011 are shaping up to be as varied and dynamic as they were back at the end of 2009, when everyone was calling for the gold bubble to burst.
Three Things That Would Kill the [...]
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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 [...]
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Most analysts agree that a well-balanced portfolio should allot a certain amount, somewhere between 5-15%, to gold, depending on your outlook for the economy in the near, mid, and long-term future. One decision you need to make is how to allocate this portion amongst the several options for owning gold. You can invest in the [...]
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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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