Thursday, August 16th, 2018 MST

Strong season ahead for gold

Historically gold puts in nearly 100% of its annual gain between early July and the end of February, which means that now, right in the middle of all the pessimism about gold (and silver), is the time to add to your precious metals holdings.

High tech analyst bearish on stocks, bullish on gold

“My precious metals positions are my largest positions, by far,” wrote Fred Hickey in his June High-Tech Strategist newsletter. Why would an analyst of high-tech stocks make his largest investment position be in gold?  Because he is a bear on stocks, especially high-tech stocks, and because he recognizes a bubble when he sees one. Although

Want your head handed to you on a platter?

Unless you know exactly what you’re doing, responding to TV ads is a guaranteed way of taking losses on gold/silver investments.  Here’s an example of a $127,000 loss on a $296,363 investment made when the price of gold was lower than it is now.

Switzerland buys gold bars for its government pension fund

Last week, Switzerland’s government pension fund took delivery of its first physical gold under a new program of buying gold bars, which have to be stored in Switzerland.  Previously, the fund used “swaps,” which were only window dressing and the gold involved in the swaps could be stored outside the country. More countries are starting