At the end of June, the BIS, or the central bank for central banks, produced its annual report, which is a must-read for investors interested in the global economy, macroeconomics, as well as gold, whose price is to a large extent shaped by macroeconomic factors. What does the report imply for the precious metals market?
Read More »Desperate Venezuela: The Moment Of Financial Reckoning Looms Larger
It’s somewhat understandable - but highly regrettable - that Venezuela is parting with its gold so readily in the midst of this economic turmoil. Gold has traditionally been a source of security for countries looking to hedge against currency volatility; and heaven knows Venezuela has had more than its share of that. The bottom line? They’re giving up the only security they have left.
Read More »These 5 Gold & Silver Equities Should Continue To Outperform
Precious metals thrive on volatility – the more uncertainty in the markets the more gains silver and gold will likely see - but how can investors make a rational decision regarding which specific stock to choose in this sector? One idea is to select those that have a positive net income. These stocks are generally safer as their costs have been normalized and are being covered by inflows of revenue and cash. The silver and gold stocks on our list today exhibit positive EPS figures, which we think will benefit its investors.
Read More »Gold Has Had Its Moment – Here’s Why
I believe that the market is no longer fearful and that gold has had its moment. After a multi-year rout gold began to pick up pace in 2016 when uncertainty seemed to be omnipresent but my view has stayed consistently positive as I have not identified any material weakness in the economy. Let me explain why that is the case.
Read More »Yahoo’s 20-Year Roller Coaster Ride Finally Ends – What Happened?
The saga surrounding one of the world’s most recognizable internet stocks has come to a close. Yahoo has finally sold its operating business to Verizon – and the price was only $4.8 billion. What happened?
Read More »Top 30 Fortune 500 Firms with Cash in Offshore Tax Havens
Today’s infographic looks at the 30 companies in the Fortune 500 index with the most holdings in offshore tax havens.
Read More »The HUI & XAU Indexes: Their Differences and Pros & Cons (+2K Views)
Investing in particular gold stocks gives exposure to movements in price of gold, but also to other factors affecting the gold mining industry, as well as company-specific strengths and weaknesses. This is why investors have to bear in mind the trends in the gold market as well as the mining industry, and wisely select appropriate stocks. One way to avoid the problem of selecting the promising shares is to invest in an index of gold mining companies such as the HUI, XAU and/or GDX. That being said there are considerable differences and pros and cons which this article outlines.
Read More »Is Housing Stock Rally Building An Addition – or Another Roof? (+2K Views)
The PHLX Housing Index (HGX), subject of our Chart Of The Day, closed today at a 9-year high...yet, as the chart shows, while technically a new high...it’s a bit of a reach yet to declare this a “breakout”. That said, the chart has a few things going for it, if you are a bull on housing stocks. [Let me explain.]
Read More »Young? Here’s How To Manage Your Money
Here are a few thoughts on managing money as a young person with multiple decades ahead of you to invest:
Read More »The Phillips Curve – What Must Be Done To Alleviate Persistently Low Inflation? (2K Views)
There was a time when U.S. central bankers worried that inflation was too high, and they tried to bring it down. Now the opposite is true: the Federal Reserve is concerned that inflation has remained stubbornly low, and it’s trying to boost prices. The reason: persistently low inflation raises the risk that prices will actually start to decline. That’s bad news because it makes people less willing to borrow and spend—anticipating lower prices, consumers will put off spending—and could also lead to a fall in wages.
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