RSSCommodities

Gold Demand: On The Rise In China

| June 11, 2018 | 0 Comments
Gold Demand: On The Rise In China

The Singapore Gold Exchange (SGE) released its May numbers, and they’re impressive.  Gold withdrawals in May rose 9% over last year, meaning people (or banks, or governments…) still want gold. If you factor in Hong Kong, which is accounted for separately, you’ll see even more gold demand from China.  And not only do they want […]

Continue Reading

Cadillac Desert: America’s Fresh Water Crisis

Cadillac Desert: America’s Fresh Water Crisis

Thirty years after Marc Reisner penned Cadillac Desert: The American West and Its Disappearing Water, his prophesy is being fulfilled. As the chalky rings which mark previous higher water levels around Colorado River reservoirs grow ever wider, Grist reports that major disputes are now afoot over the remaining water supply. Modern economists have long told us not […]

Continue Reading

Gold News: GLD Has A Million-Share Minute

| May 9, 2018 | 0 Comments
Gold News: GLD Has A Million-Share Minute

In case you were sleeping Friday, or out enjoying some sunshine, the biggest single trade in GLD history crossed the wires at 1:22 PM.  For market watchers, seeing this gold news in real time was an interesting experience. A normal sleepy Friday trading in the gold world, then all of a sudden a huge volume spike, followed […]

Continue Reading

Oil Is Breaking Out, How About Oil Company Stocks?

| April 20, 2018 | 0 Comments
Oil Is Breaking Out, How About Oil Company Stocks?

In late 2016, OPEC agreed to cut production in order to address an oversupplied oil market. Global crude oil inventories had reached record highs, and the price of oil had crashed. OPEC’s strategy is having the desired effect. Over the past year, despite strong U.S. shale production growth, global inventories have steadily declined. In response, […]

Continue Reading

Opportunity: Gold On The Move

Opportunity: Gold On The Move

Paper assets are struggling this year. Both the S&P 500 and 10-year Treasurys are down around 3%. Meanwhile, gold prices are on the move. Shares of the SPDR Gold Trust (NYSE: GLD) are up nearly 4% in 2018. And I’m forecasting another 7%-plus gain over the next two months. The once-loved precious metal was left for dead for the […]

Continue Reading

Should Retirement Investors Add A Little Gold Just In Case?

| March 19, 2018 | 0 Comments
Should Retirement Investors Add A Little Gold Just In Case?

The US Debt Clock tells us our national debt is around $21 trillion. Social Security promises are approaching $17 trillion – included in the “unfunded” government promises – over $112 trillion. Despite government mandated Cost of Living Increases, our recent article, “An Inconvenient Truth About Social Security” clearly indicates Social Security recipients have no inflation protection. Each month, seniors and savers […]

Continue Reading

Gold Prices: Rebounding On Trade War Fears

| March 5, 2018 | 0 Comments
Gold Prices: Rebounding On Trade War Fears

Gold prices popped overnight as fears of a trade war grew.  President Trump, in a moment that will likely come back to haunt him, tweeted “Trade wars are good, and easy to win.” In response, traders sold US dollars and bought some gold.  You can clearly see the moment on the 5-day chart of GLD (bars) compared […]

Continue Reading

9 Best Energy Stocks To Own Before Earnings

| February 7, 2018 | 0 Comments
9 Best Energy Stocks To Own Before Earnings

Earnings season is in full swing, and at the sector level, 100% of the  S&P 500 companies in the Energy and Utilities sectors are reporting earnings above estimates. So far this earnings season, energy stocks are the real winners. The Energy sector is also reporting the largest upside aggregate difference between actual earnings and estimated earnings (+13.1%). […]

Continue Reading

Time To Buy Gold For 2018 As The Run-Down Starts?

| January 8, 2018 | 0 Comments
Time To Buy Gold For 2018 As The Run-Down Starts?

The price of gold could rally to $4,200 as the Federal Reserve tries, and fails to normalize monetary policy over the next few years according to analysts at CLSA. CLSA has long been a gold bull, advocating the yellow metal for its model portfolio since 2002. So far, this trade has yielded mixed results. After the price […]

Continue Reading

Gold $5,000

Gold $5,000

No. I’m not flip-flopping! As I told subscribers to our Boom & Bust monthly newsletter in November, I stand by my forecast that gold must still lose about 65% of its current value before we hit the bottom of this latest commodity cycle, around 2020 or 2023. And when the markets unravel, as they must, gold will […]

Continue Reading