U.S. stocks could sink by more than 20 percent if the neckline of a head-and-shoulders pattern on the Dow Jones Industrial Average is breached, according to Robert Prechter’s Elliott Wave International Inc. Words: 524
Read More »10 Reasons Gold Could Go to $10,000 In the Next 12 Months!
We may reach levels for gold previously thought of as crazy - $5,000 an ounce or even $10,000 - with plenty of volatility and pullbacks along the way... and in my opinion there are 10 reasons it could happen within the next 12 months and, if not by then, then soon after. Why? Because, in short, there is way too much fiat currency chasing way too little gold. Words: 951
Read More »Why Gold is Back in Vogue
Gold is back in vogue. After spending much of the past three decades in the doldrums, gold is stirring and is generating great interest. Investors can be persuaded to buy equities, property and bonds without much convincing... [but] gold is different. They need to be convinced as to why they should own a precious metal that has little apparent utility. [Below we] will explain why owning gold is not only a prudent and intelligent idea, but that it is imperative to protect oneself through the most extreme uncertainty we have faced for generations. Words: 2101
Read More »GATA's Douglas Makes a Case for $56,000 Gold and $936 Silver
The logic behind the assertion that the true price of gold is $56,000 and $2,250 for silver is very enlightening and worth your time to listen to.
Read More »How Realistic Is $5,000 Gold? (+8K Views)
Taking into account 11 key measurements based on historical movements and price ratios, gold is likely to exceed $5,000 and silver is likely to exceed $200 within the next 5 years. If silver reverts to its historical ratio of 16 to 1 with gold, then it could rise even higher. Let me explain. Words: 661
Read More »$6,000 – $10,000 Seen As Realistic Parabolic Top for Gold
Wealth protection is now more important than probably at any other time in history. Physical gold and possibly other precious metals directly controlled by the investor will be a vital part of a wealth preservation portfolio. Words: 1614
Read More »Why GLD Is My Choice Over Every Other Stock and ETF (+2K Views)
Investors are looking for a safe place to put their money - an asset class they can "touch" and possibly trade even when no organized marketplace exists. That of course is the worst-case scenario and I do not believe it will get that far but the possibility is there and gold seems to achieve peace of mind for investors at the moment. As such, for me, GLD would be the only stock or ETF I would buy if I could own just one. Words: 862
Read More »GDXJ: A Small-Cap Gold Miner ETF With Big Potential (+3K Views)
About 54% of GDXJ’s holdings are considered “small-cap” using the metric of a market cap of $200 million to $1 billion. The ETF balances this with 44% in mid-cap names (stocks with market caps of $1 billion to $5 billion). In addition, GDXJ’s country exposure should give investors some comfort. Nearly two-thirds of the assets are in Canadian companies. Australia and the U.S. also have double-digit allocations. Words: 533
Read More »4 Tips to Survive the Coming Economic Crises
The politicians in Washington tell us the economy is recovering. Well, maybe so ... as long as you don't need a job. The problems facing this country — in debt, energy, lost jobs, unbalanced budgets and more — continue to mount. In short, I think we're headed for a head-on collision with hard times. Are you going to be ready? Words: 1386
Read More »Equities – the "World’s Worst Cult" – are About to be Destroyed! Got Gold?
RBS is sounding the alarm on risk assets with a call that markets are at risk of falling off the edge of the cliff - by as much as 60-70%! They refer to equity investors as the “worst cult in history….which has no basis in fact, or history, but yet seems universally accepted.” They believe the current downturn could very well “destroy” this “cult”. They’re not just bullish on treasuries –they are super bulls with a 2% target on 10 year yields. Words: 1378
Read More »