RSSCategory: Gold

Gold News: GLD Has A Million-Share Minute

| May 8, 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 […]

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Why Gold Could Be About To Soar – Hint It Has Little To Due With The Fed

| April 26, 2018 | 0 Comments
Why Gold Could Be About To Soar – Hint It Has Little To Due With The Fed

In June 1884, a local farmer named Jan Gerritt Bantjes discovered gold on his property in a quiet corner of the South African Republic. Though no one had any idea at the time, Bantjes’ farm was located on a vast geological formation known as the Witwatersrand Basin… which just happens to contain the world’s largest known gold […]

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Perfect Time To Buy Gold?

| April 10, 2018 | 0 Comments
Perfect Time To Buy Gold?

Should you be buying gold (GLD) right now? With all this crazy market volatility, is it a good idea? If you look at the monthly chart of gold, it’s about to complete an inverted head and shoulders pattern. And if it does, we should see prices trend higher. What’s interesting about a break higher in […]

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5 Gold Stocks To Buy Today

5 Gold Stocks To Buy Today

Given the market’s shake-up gold stocks have appeal It’s no secret that things have gotten a bit heady in the markets. Volatility has returned in a big way. And with the threat of a full-blown trade war brewing, gold and gold stocks are looking pretty good these days. The precious metal managed to finish up […]

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6 Concrete Reasons Why Smart Investors Own Gold

6 Concrete Reasons Why Smart Investors Own Gold

Gold has always been a smart, long term investment for investors. It hasn’t been until the housing bubble crushed the stock market and volatility started to become a daily occurrence when owning gold has become a common thing. But smart investors own gold. And for good reason. In fact, in this post, I highlight 6 […]

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Gold Prices: Why Isn’t Gold Going Up? Part III

| February 22, 2018 | 0 Comments
Gold Prices: Why Isn’t Gold Going Up? Part III

Anyone following gold prices lately knows it’s been an up-and-down battle.  Gold initially fell with the stock market during the recent dip, looking a lot like people just wanting to get out of everything.  Then “suddenly” gold popped up when people noticed the fundamental relationship to the also-falling US Dollar was getting out of hand, […]

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Gold’s Day In The Sun?

Gold’s Day In The Sun?

I usually warn against reading too much into the financial media’s (backward-looking) explanation of a market move that just happened. But it really does seem that everyone’s suddenly worried about interest rates moving too high, too quickly. We all knew rates had to go higher. The Fed drove them to the floor, kept them pinned there […]

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Fear Creeps Back Into Markets, Shining A Light On Gold

| February 13, 2018 | 0 Comments
Fear Creeps Back Into Markets, Shining A Light On Gold

Monday’s monster stock selloff is exhibit A for why I frequently recommend a 10 percent weighting in gold, with 5 percent in bullion and jewelry, the other 5 percent in high-quality gold stocks, mutual funds and ETFs. What began on Friday after the positive wage growth report extended into Monday, with all major averages dipping into negative territory […]

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Gold & Gold Stocks Approaching Resistance

| February 1, 2018 | 0 Comments
Gold & Gold Stocks Approaching Resistance

The following post was originally published on TheDailyGold.com Gold and gold stocks have enjoyed an excellent rebound since their December lows. Over the past six weeks, Gold rebounded from a low of $1238 all the way to $1365 in recent days. The miners meanwhile rebounded nearly 18% (GDX) and 21% (GDXJ). However, these markets are approaching […]

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Gold Prices: Are Big Sales A Sign Of Manipulation?

| January 30, 2018 | 0 Comments
Gold Prices: Are Big Sales A Sign Of Manipulation?

Gold prices tumbled Friday following some large sales starting at noon.  Periodically you’ll hear people questioning if the gold market is manipulated; the answer can be almost anything you want.  In this case, this Gold Enthusiast smells a bit of a rat.  At the time the US Dollar was flat, which fundamentally means gold price should […]

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