Stan Druckenmiller has made a career out of making big calls and he has just made a huge bet on gold that indicates that he thinks the bottom is finally in. Why should you care? Because he is one of the world’s most successful and respected traders. Perhaps you should do the same. Here's why.
Read More »Gold Won’t Shine In the Near Term – Here’s Why
Our analysis reveals a bearish outlook for gold over the next 3 months based on the following fundamental and technical factors:
Read More »Consider These Factors First Before Writing Gold’s Eulogy
Despite its history of gains, and 5,000 years of tradition behind it, gold is rapidly becoming one of the most widely despised assets. Before we pronounce it dead and write the final gold eulogy, however, let’s consider the following:
Read More »…and the Top 15 Hoarders of Gold are….
This chart from Morgan Stanley using World Gold Council data shows which countries, central banks and funds are hoarding the greatest amount of gold:
Read More »Retraction: Armstrong Says Gold Has NOT Bottomed
What Mr. Armstrong writes in his articles is done so poorly it is almost always confusing and often virtually incomprehensible but it has a way of providing cover for what he says. A case in point is the inference in an article last week that gold had bottomed, would begin to rise substantially sometime after Oct. 1st and eventually reach $5,000+ sometime during 2016. His latest article disclaims those inferences. Here's what he now says by way of clarification:
Read More »Analysts: Gold Will Bottom Somewhere Between $725 & $1,000/ozt.
Much has been written over the past few months as to just where gold (and silver) is headed. In light of the recent significant drop in price below is substantiation for such a decline and several projections as to where the price correction will bottom out and the timeframe for such price action.
Read More »A Look At Gold’s Surprising Performance Over the Years (+2K Views)
This article takes a look back at the history of gold’s performance as an investment over the years.
Read More »What’s Up (er… down) With Gold These Days? (+2K Views)
Gold is universally recognized as a safe-haven investment, a go-to asset class when others look uncertain but this week has been a particularly rocky one for the metal, even with Greece and Puerto Rico’s debt dilemmas, not to mention the recent Shanghai stock market decline. In fact, gold has traded down for 10 straight sessions to end the week at its lowest point in more than 5 years.
Read More »I See Gold Dipping To – Dare I Say – $880ozt. Here’s Why (3K Views)
Several signs have been flashing for the past year that gold has become too big for its britches and will eventually adjust to a lower price which could push the yellow metal off the edge of a cliff to - dare I say - not just below $1100 or $1000 per troy ounce, but to $880ozt.
Read More »Gold – Is It A Commodity, A Currency, Neither or Both?
To answer the question “what drives the prices of gold” we have to determine the nature of gold. Is it a commodity, a currency, neither or both? This article does just that. Read on.
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