Tag Archives: gold

Both Gold Futures and Gold Stocks (HUI) remain on their respective steep rising 10-year support lines. The question now is whether or not support and oversold sentiment conditions keep Gold and the HUI from falling any further. [Let's hope not!]

While gold remains a smart move, there’s much to be said for silver. Why? Because, unlike gold, silver has an inherent value that goes well beyond scarcity. Without silver the world as we know it would literally stop. The computer screen on which you are reading these words, has silver in it. The TV you watch, has silver in it…and the list goes on and on.

The best way to think of gold is as a non-yielding currency with a special trait: The only way to "print" it is to pull it out of the earth at great cost. As a currency with no yield and limited practical use...gold's investment case largely rests on its ability to insure against currency depreciation. Few people expect to make money by taking out insurance policies. I don't recommend allocating any more than 10% of a portfolio to gold. Words: 610

Commodity prices including those of...[gold and silver] tend to go through super-cycles...[which] last for many years. [Below is a review of the history of such cycles and the length of each. Where are we now in each? When will they go "boom"? When will they go "bust"? Let's take a look.] Words: 165; Charts: 1; Tables: 3

Most of us just throw away gold without knowing it. Here's an interesting infographic...that shows how much gold is in our garbage.

3 critical drivers for gold, silver and their relative securities [are once again enticing] investors to...take stakes here. These catalysts...affect both the short-term and long-term, and so, at the very least, a floor may be developing.

So many headlines are saying “$5,000 Gold; $10,000 Gold; Silver, The Investment of the Decade,” etc, etc, etc. Will that happen? A history of failed fiat currencies says "yes". When will it happen? That is the question few articles address because they simply have no clue, beyond their sensationalized headlines. Who can best answer that question? It is not "who can", but "what can", and that comes from the market itself - ever the most reliable source. The answers may not always satisfy, but the market is never wrong [and this is what the market is saying]. Words: 590

The Economic Straight Talk Newsletter gives you balanced views and contextual comments that save you time. The newsletter's objective is to help you keep up to date, gain new ideas, better trade and invest, better communicate with your investment advisor if you have one, and importantly make your own ‘penny drop’. Take a look.

Those who discuss gold in terms of bull or bear markets do not understand reality and do a disservice to less informed readers. Gold is money, true money, as opposed to fiat currencies. True and honest money cannot be in a bull or bear market. Its value is stable (but not constant!).

I am not married to my ideas and neither should you be. While I have covered the long-term bullish argument in the past, I believe there are some indications that gold is richly valued in the interim. Caution is warranted.