Buy low and sell high is what most investors want to do. And right now may be the right time to buy gold before it starts to climb again. Last year provided a great opportunity for investors to add to their gold holdings, as the yellow metal dipped at one point below $1,200 per ounce. But a significant recovery...
Most Wall Street analysts are a pretty conservative bunch when it comes to predicting the price of gold. Since Wall Street firms can’t make the same money from trading gold that they can from trading stocks, bonds, currencies, and other commodities, they tend to downplay the importance of gold in investment portfolios and predict prices for gold that are...
When it comes to assessing the actions of central banks, it’s important to pay more attention to what they’re doing rather than what they’re saying. When the Fed says that it’s going to stop running down its balance sheet, look at the H.4.1 release each week to see if that’s actually the case. And when central banks say that...
After a January jobs report that saw over 300,000 jobs added to the economy, most economists expected a milder February, with consensus estimates expecting about 180,000 new jobs. It came as a huge shock, then, that only 20,000 new jobs were added in February. That was one of the worst numbers in years, and feeds into fears that the...
When women decide on the jewelry they wear for an evening out, they’re going to pick between gold or silver. But investors don’t have to choose one or the other, they can choose both. Each precious metal has its own advantages vis-a-vis the other, so here are a few of them that are most important to investors. Silver Is Cheaper For...
Traditionally gold and stocks are thought have an inverse price relationship. When stocks rise gold falls, and vice versa. That isn’t always the case, just a rule of thumb. And in general the relationship pertains more to bull markets. When stocks are in a bull market gold is not, and when gold is in a bull market stocks are...
Those familiar with gold markets know that it’s becoming increasingly difficult and expensive to mine gold. Output of gold from mines is expressed in grams per tonne, with the highest-grade underground mines producing 15 to 21 grams of gold per tonne of rock mined, while open-pit mines only produce 4.5-7.5 grams of gold per tonne. Think about that for a...
Serious gold investors know that investing in gold through a gold IRA is far superior to investing in gold through an exchange-traded fund (ETF). But despite the many drawbacks of gold ETFs, following their actions and performance can be a good way to identify trends in gold markets. Gold ETFs have become a popular investment method for people who want...
Gold’s ability to act as a safe haven asset is unparalleled. Experienced investors have known about that for centuries, which is why gold has always performed so well during times of economic crisis. During the 2007-2009 stock market crash stock markets lost over 50% of their value, while gold gained 25% and continued to rise. A repeat of that performance...
There’s been a lot of talk about how the government shutdown is harming the economy, with millions of dollars of losses piling up each day. The longer the shutdown lasts, the worse it is for the economy according to this point of view. But is that really true? There are undoubtedly many companies that have been negatively affected due to...