Sunday , 5 May 2024

Tag Archives: U.S. Dollar

Here’s Why Agricultural Stocks Are a Better Buy! (+2K Views)

If you think the dollar will decline further then it makes sense to buy commodity stocks and even if there is a global recovery that's faster than we expect many commoditiy stocks will still outperform because supply is simply unable to meet the increasing demand for some of the commodities. [Let me tell you] which one(s) to buy[- and why]? Words: 1475

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Turk: Gold and Silver To Reach $8,000 and $400 Respectively by 2015 (+13K Views)

Gold will hit $8,000 by 2015 and if the gold:silver ratio reverts to norm silver will reach $400. Gold and silver are so cheap today you should ignore the current price and just pick one day every month and buy the precious metals. Sometimes you will get them at a lower price and sometimes you will pay more, but, over time you will accumulate the precious metals at a good average cost. Words: 1236

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Don’t Worry About A Gold Correction (+2K Views)

Gold is overbought...but I will not be selling into overbought conditions, but looking to add on weakness. For the duration of this bull market, overbought conditions have led to a retest of the 200-day moving average. The 200-day currently sits at $1189, so a correction to $1250 or so is reasonable. In no way would a correction to these levels indicate the end of this bull market. Words: 725

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U.S. Dollar In A Race To The Bottom With Other Currencies And The Winner Will Be Gold (+2K Views)

[What we are experiencing these days] is a race to the bottom among global currencies. Whenever any nation wants to gain a little bit more of an edge in global trade they push the value of their currency down just a little bit more so that the products and services produced by that nation will be less expensive for other nations [and, as such,] other nations will buy more of those products and services. When exports go up, employment goes up and more wealth flows into the country. Who is the winner in all of this? Well, that is easy. Gold, silver and other precious metals will continue to be the winners as fiat currencies all over the globe continue to decline in value. Words: 1430

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