From the category archives:
In these unprecedented times in the markets I consider gold a “must-own” investment for many reasons, which I’ve mentioned several times here in my blog as well as in my other writings.
But lately, there’s another reason rising to the surface … China is soon going to make some big buys in the gold market.
Take [...]
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With the markets tanking, and the world’s financial markets seemingly coming unglued, by far the most important thing you could do right now is keep your ammo dry and don’t let the short term fool you!
Look, I’ve been analyzing and trading these markets for 30 years, and let me tell you, this is NOT [...]
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The worst financial crisis the U.S. has ever experienced is not over by a long shot. And that virtually guarantees much higher gold prices. In fact, in just over one week gold has gained as much as 14.5%!
And the $700 billion bailout package? Well if Congress passes it the dollar will get battered, [...]
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NEW YORK/LONDON (Reuters) Sept. 25 — The U.S Mint told dealers Thursday it again was temporarily suspending salesof American Buffalo 24-karat gold one-ounce bullioncoins.In mid-August, a shortage of American Eagle one-ounce gold coins due to “unprecedented” demand had forced the U.S. Mint to temporarily suspendsales of the popular coins.
Coin dealers in North America have reported [...]
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I put it out Tuesday, Sept. 16, and told my subscribers to immediately move to a 25% allocation in their core gold holdings.
The next day, gold had its biggest move up, ever!
To see that flash alert, CLICK HERE.
To subscribe to my Real Wealth Report so you don’t miss any profit opportunities, CLICK [...]
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Since July 31, gold has fallen hard ― by more than $100 an ounce. But don’t be fooled by this move down. As I’ve said many times before, gold’s bull market is far from over. If you look at the big picture, you’ll see the larger trend that’s very bullish for the yellow metal.
In [...]
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The sharp pullback we’re seeing in commodities has many investors wondering if the boom in natural resources has ended. My answer: Absolutely not! This correction was way overdue. It’s healthy and is more bullish than bearish. Commodities have soared for months on end without a decent retracement and shakeout. So, any pullback is unequivocally normal.
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China’s shoppers stock up on cards SHENZHEN (Asia Times) - Chinese consumers, until now recognized as among the world’s most determined savers, are adding credit cards to their wallets in record numbers, with the number of such cards in circulation almost doubled in the first quarter from a year earlier.
The number of credit cards [...]
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The Dow has been hit hard with selling, breaking through the key 11,600 support level I’ve been warning about. I said that once the Dow breaks 11,600, the bear is back in control and much lower prices are to come. That means U.S. stocks, and by default the U.S. economy, are going over the [...]
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While the dollar dropped to a two-and-half month low against the euro yesterday, gold closed at a fresh two-and-a-half month high at $945.30 per ounce. Near-record oil prices, geopolitical tensions in the Middle East, and the continued weakness in the dollar have fueled gold’s latest rally.
Gold’s strength has caught me by surprise recently, as [...]
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