At the beginning of the last decade gold was trading at $255 an ounce and by the end of 2009 was trading at $1,100 an ounce. Not many investors thought that that was remotely possible and, at best, highly unlikely. Now some analysts are saying we should see $5,000 gold in a couple of years. Is that likely or just 'pie in the sky'? Words: 453
Read More »Ron Paul: In Gold We Trust – Not U.S. Dollars (+2K Views)
A soaring gold price is a vote of "no confidence" in the central bank and the dollar [and]... reflect a growing restlessness with the increasing money supply, our budgetary and trade deficits, our unfunded liabilities, and the inability of Congress and the administration to reign in runaway spending. Words: 1911
Read More »Gold is Not a Buy-and-Hold Investment (2K Views)
If the past 30 years are any indication, gold does not constitute an attractive investment over the long term. Moreover, in times of economic recovery, the return on gold falls well short of the return on the stock market. Words: 1079
Read More »CRB Commodity Index/Gold Price Ratio Suggests Gold is Overvalued (+2K Views)
There's a saying in the investment business that when the taxi driver and the delivery person are talking about a "no-lose, gotta-have" investment, it's time to run for the exits. At that point of maximum adoration and comfort, the masses have gone wild. And that's often the warning that the smart money is on its way to the exits and the novices will be trampled in the exodus. Think technology stock bubble in 2000, or house flipping three years ago. Now, think gold. Words: 471
Read More »Coxe: Gold is an Excellent Place to Hide (2K Views)
Gold has been the best-performing major commodity since the financial crisis began and we see no big reason why that outperformance should be over. After its breathless run to $1220, it’s entitled to correct back toward $1,000—or even a bit below that chiliastic level—without ending its bull market. Words: 707
Read More »The Devil’s Advocate Gives 4 Reasons NOT to Buy Gold (+2K Views)
In the contrarian spirit of playing devil’s advocate four reasons are put forth as to why you shouldn’t buy gold today. Words: 553
Read More »Turk: Will Gold Cartel Succeed in Destroying Free Market System in America? (+2K Views)
As I see it there are only two outcomes. Either the gold cartel will fail or the U.S. government will have destroyed what remains of the free market in America. I hope it is the former, but the flow of events from Washington and the actions of policymakers suggest it could be the latter. Words: 1654
Read More »Best Hedge Against Inflation Is Owning Gold and Silver Mining Stocks (+3K Views)
We are about to encounter major inflation and the absolute best hedge against such inflation is by investing in the companies that mine gold and silver. You often get leverage of 2 to 4 times the price appreciation of gold or silver. If gold goes up by 50%, your miners may very well double or triple in value. Words: 1426
Read More »Has the Yellow Metal Lost its Lustre? (+2K Views)
Don’t invest in gold just because it’s popular. Don’t lose sight of longer-term historical investment results, especially during short-term periods of extreme volatility and trending markets. Short-term, return-chasing investing is precisely what is driving this modern-day gold rush and that is exactly why you should be looking elsewhere. Words: 860
Read More »Aden Sisters’ $5,800 Gold Projection Suggests Potential 5000% Gains for Junior Equities (+4K Views)
The leverage of gold mining shares over the price performance of gold itself and the added leverage of the warrants of such companies over the stock price performance supports the possibility of amazing gains for the right warrants of the right junior miners. Words: 1106
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