Wednesday, December 12th, 2018 MST

Category: Uncategorized

What You Need to Know Before Investing in Gold

New investors contend with plenty of hype about precious metals such as gold and silver. While adding precious metals to your portfolio mix can pay off, you should take the time to understand the basic market dynamics for you to maximize your investment. Investing in gold offers several advantages. At a time of global financial

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.

Gold out performs stocks

So far this year, gold has outperformed stocks, up 2.5%, about what the Dow Industrials are down, for a 5% difference.  Still, gold’s performance this year has been disappointing to many investors considering the huge downside moves that stocks put in this year.  For 2017, the S&P 500 gained 19.4%, the Nasdaq 28.2%, and the

The dollar will be destroyed

In my post No reflation?, I discussed the perma-bulls’ continued recommendation of “buying the dips.”  In support of their position, TV talking heads speak of an “improved economy and higher corporate earnings” as reasons to continue buying stocks. However, if I’m reading David Stockman’s reports correctly, what the perma-bulls are really counting on is “reflation”

Hedge funds close, blame computer trading

Anthony Ward, famed London commodities trader, closed shop after nearly forty years of trading.  His reason: he couldn’t keep up with computer trading. According to Reuters, Ward blamed the rise of computer-driven funds and high-frequency trading.  Other well-known commodities investors also threw in the towel.  They are now looking for opportunities where machines can’t make

High-Tech analyst bullish on gold

Nothing could be further apart than the high-tech industry and gold.  The high-tech industry didn’t come about until the development of the computer.  Gold has been with us for thousands of years. Fred Hickey, editor and publisher of The High-Tech Strategist, recently turned bullish on gold.   His reasons include fundamentals (production and  supply/demand) and central