Tag: Gold
My Big Bitcoin Mistake…
Friends, Just over a year ago, I started buying Bitcoin. Yes, I went out on a limb and bought some, and a few other digital currencies too. What was my mistake? A friend told me to buy Bitcoin four years earlier. I thought I was too smart for that… I thought it was a flash […]
Silver Prices Pop After Recent Fed Statement
After last week’s outstanding employment figures, investors expected a fairly dull FOMC release yesterday. After all, what more is there to say other than “gee, things seem to be going well, so we’re going to wait for a while before we do anything.” And that’s what we got. The FOMC statement said current monetary policy is […]
Oilmageddon And The Global Economy
I grew up on the Gulf Coast, beginning in Florida, then over to Texas, then part way back to Louisiana. We weren’t testing beaches, we were following boats. My stepfather joined our family when I was quite young, essentially becoming my parent. He took a job on a shrimp boat in the Florida panhandle and […]
4 Tips To Consider For Financial Security During Retirement
Retirement planning should start today because when the time comes that you can’t work like you used to, your finances are going to change a lot. You might have questions such as what your end retirement savings goal should look like, the kind of investments that would help you reach that goal, what kind of […]
Gold Soars On The Saudi Oil Attacks: Can It Last?
Over the weekend, there was a drone attack against the world’s largest oil processing facility and a major oilfield in Saudi Arabia. Oil prices have predictably spiked, but how will this geopolitical shock affect the gold market in the days ahead? What Happened? On Saturday, the drone bombings struck the Abqaiq oil-processing plant and the Khurais oil […]
Is Gold Destined For Summer Doldrums In 2019?
Every summer, gold traders tremble in fear of “the summer doldrums”. Newcomers to the gold scene might be asking whether the summer doldrums are a real thing? While old-timers might ask: “Does it look like we’ll get those this year?” Here’s a 1-year chart of GLD – guess for yourself on each question, then your […]
Gold Prices May Reach $1,500 By This Time Next Year
Ever-climbing stock prices have kept a lid on gold prices for most of this year, but that could be about to change. Fund managers from Incrementum believe we have entered the early stages of a new bull market for gold, although they don’t expect an easy path upward. In their annual “In Gold We Trust” report, Ronald-Peter […]
The Right Way To Invest In Gold
Gold investments have gone up in recent years because it is now common knowledge for investors that the economic climate is changing and that the value of currency, shares and even real estate is prone to change and devaluation. Many people find that the safest way to protect the real value of their savings is […]
5 Things That Precede Major Bottoms In Gold
The following post was originally published on TheDailyGold.com The recent weakness in Gold and gold mining stocks is not over. In fact, we are worried about another leg down getting underway. Long-term oriented investors and speculators should be aware of the near term trends but they should also be aware of the conditions that will lead […]
Gold And Silver Show Strong Historical Performance During The Summer Months
The summer is generally a good time to purchase precious metals. Gold and silver historically have outperformed when the weather is warm. They have also outperformed other commodities, specifically oil. If you are looking to add precious metals to your portfolio, look for dips in the price during the summer months, as they are likely to be […]
