Gold is in a bull market and, [believe it or not,] so are the gold stocks despite their struggle as a group to outperform gold... but [neither] is anywhere close to a bubble, nor the speculative zeal we saw in 2006-2007. Thus, it begs the question" "What lies ahead and when can we expect the initial stages of a bubble?" To figure this out we first need to get an idea of how long the bull market will last and then where we are now based on various indice analyses. [Below I do just that.] Words: 785
Read More »Search Results for: bubble
News Flash! OECD: Decisive Action Required Quickly to Avoid Massive Economic Disruption, a Credit Crunch and a Global Recession
Decisive policies must be urgently put in place to stop the euro area sovereign debt crisis from spreading and to put weakening global activity back on track. [If not we can expect to see a] massive escalation in economic disruption, an increase in the risk of a credit crunch [and] the global economy tipping into a recession. Words: 834
Read More »Canadians Take Note: Own Physical Gold via Canadian Mint's New Gold ETRs
The Royal Canadian Mint has announced that it is making an initial public offering of exchange-traded receipts (ETRs) under the mint's new Canadian Gold Reserves program. Unlike other gold investment products currently available which only enable the purchaser to own a unit or share in an entity that owns the gold, the ETRs will enable the purchaser to actually own the physical gold bullion which will be held in the custody of the mint at its facilities in Ottawa. Words: 650
Read More »Will Gold Drop as Low as $1,200 Before Spurting to $2,000?
In the long run developments in the financial markets and around the world seem to conspire to whip up a perfect storm for the gold price, taking it up towards $2,000 and further. That new upleg, however, could very well start from a much lower level than now. There are quite a few developments that could easily send the gold price lower in the coming months. Is $1,200 gold in the cards? Words: 739
Read More »Nothing Has Changed: The Smart Money is STILL Bullish on Gold
With continued strong investment demand for physical gold in the face of heightened macro uncertainty and unprecedented, globally-coordinated monetary stimulus and a US dollar that will continue its path lower, the best performing assets at present are gold, emerging market equities denominated in local currencies, and commodity related stocks. [Let me explain why that is the case.] Words: 560
Read More »Canada's "Misery Index" On The Rise – but Still Below the Misery in the U.S.
Canadians may wish to consider the underlying trends in inflation and unemployment before making major financial decisions. Recent unemployment data in Canada shows unemployment at 7.3% [vs. 9.0% in the U.S.] and inflation rising to an uncomfortable 3.2% [vs. 3.6% in the U.S. for a Misery Index of 10.5 vs. 13.6 in the U.S.]
Read More »American/Canadian Home Price Performance Comparisons by Major Cities
The following charts indicate relative performance of US home prices in Phoenix, Los Angeles, San Francisco, Chicago, Las Vegas, New York and Miami to Canadian home prices in Vancouver, Calgary, Toronto, and Montreal. US home prices are reflected in Canadian dollars for comparison purposes. Words: 240
Read More »Situation is Ultra-bullish for Gold & Silver Bullion and Stocks! What are You Waiting For? (+3K Views)
The technical situation is ultra-bullish for both gold and gold stocks. Sentiment indicators...continue to show [that] the dollar is poised for a serious decline and the MACD on the gold chart is giving one of the most powerful buy signals in the history of the bull market. The GDX should reach $75 a share by year-end and gold should push to new highs in the $2000 area by January of 2012 [while silver] could possibly be the best investment opportunity available to investors for many years to come! [Let me explain and back up my comments with an array of charts.] Words: 781
Read More »Not Available to Americans: New Gold Investment Vehicle Introduced By Royal Canadian Mint
The Royal Canadian Mint has announced that it is making an initial public offering of exchange-traded receipts (ETRs) under the mint's new Canadian Gold Reserves program. Unlike other gold investment products currently available which only enable the purchaser to own a unit or share in an entity that owns the gold, the ETRs will enable the purchaser to actually own the physical gold bullion which will be held in the custody of the mint at its facilities in Ottawa, Ontario. Unfortunately, the ETRs have not, and will not, be registered under the U.S. Securities Act of 1933 and, as such, may not be offered or sold in the U.S. Words: 745
Read More »Don’t Delay a Day Longer! NOW is the BEST Time To Purchase Gold (+2K Views)
What's the best time to buy gold on a seasonality basis? November! Over the past 40 years (basically since gold became legal for private ownership in the U.S.) November and December accounted for almost HALF of the year's gains for gold...If this year is anything at all like the previous 40, we'll see about 44% of the year's gains in November and December. That's huge. [That being said: Don't delay a day. NOW is the BEST time to purchase some gold.] Words: 700
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