Gold prices could stay on a hot streak. Here's why this gold industry insider thinks so.
Investing in mining companies can be – quite literally – a gold mine. Metals are big business, and one of the mainstays of the industrial world. But that raises an important question: Which metal to invest in?It’s tempting to stick with the old reliables, gold and silver, the original precious metals, among the earliest forms […]
(Bloomberg) — Coty Inc., rushing to lift its fortunes after a tough start to the year, is doubling down on the Kardashians.The owner of Max Factor and Covergirl agreed on Monday to buy a 20% stake in Kim Kardashian West’s beauty business for $200 million. The company’s plan to develop skin, hair and nail products […]
Some gold bulls have bought in heavily to the argument that gold price suppression has been an ongoing activity for years, even decades. Supposedly, trading in the gold market is manipulated in ways that depress the market price for gold.
The rise in infections is driving up the chances of additional fiscal and monetary policy stimulus, and this is bullish for gold.
One of the most telling patterns in Gold over the past 6+ months has been the “washout low” price rotation pattern after establishing a momentum price base.
(Bloomberg) — Asian stocks and U.S. equity futures slipped Monday after deaths around the world from the coronavirus topped half a million and infections continued to mount in American states. Crude oil fell.Stocks fell in Japan and Australia and S&P 500 contracts dipped. South Korean shares and the won retreated after the country’s finance minister […]
Once again, value stocks are underperforming. For most of the bull market that ended in March, growth names were in favor. In the recovery from mid-March lows, once again high-valuation, high-growth stocks have led the way.At some point, presumably, that will change. Growth names no doubt have benefited from lower interest rates, which have brought […]
Gold markets rallied a bit during the week but continue to see a lot of resistance at the $1800 level. Because of this, I we have a fight on our hands.
Gold miners’ stocks rocketed out of mid-March’s stock panic, breaking out to major new bull-market highs in mid-May
Gold has always had a special place for investors. It’s one of the world’s oldest forms of money, and while most currencies today no longer circulate precious metals, gold is still used as both a reliable store of value and a ‘safe haven’ investment. And in recent months, with economies reeling from the COVID-19 pandemic […]
Gold prices are surging again. Here is how one gold insider is handling the situation.
(Bloomberg Opinion) — Dell Technologies Inc.’s magical merry-go-round of financial engineering is spinning once again.The corporate computing giant is examining options for its majority stake in software-company VMware Inc. that include a spinoff of the holdings, the Wall Street Journal reported late Tuesday. VMware shares soared roughly 10% on the news in after-market trading, valuing […]
There’s a major overlooked risk in the gold market, and the mainstream media isn’t talking about it
(Bloomberg) — Global stocks and equity futures were mixed Wednesday as investors weighed their appetite for risk assets against a continuing acceleration in coronavirus cases across the American sun belt. The dollar remained under pressure.U.S. futures fluctuated, while European contracts retreated. Shares slipped in Tokyo but climbed in Seoul after Kim Jong Un suspended military […]
(Bloomberg) — Gold is on the cusp of challenging the hard-to-crack $1,800 an ounce mark, potentially opening the way for a move toward its record price, as a resurgence in coronavirus cases risks impeding the recovery of the global economy and fans demand for haven assets.Futures have rallied to within 1% of the level last […]
Many people ask me whether or not they should invest in gold stock indexes, or the GLD or SLV ETFs. They often point to the difficulty of securing physical precious metals versus the ease of purchasing the derivatives through an exchange. I am going to give some thoughts here, and focus on the costs of […]
(Bloomberg) — Disgruntled customers don’t sit on hold anymore. They text and Zoom and Whatsapp and web chat and email, and they don’t want to wait 72 hours for a response. For MessageBird, the Dutch software company that helps clients make sense of the deluge, that’s meant a surge in sales and plans for an […]
(Bloomberg) — Asian stocks climbed and the yen retreated after President Donald Trump said that the U.S.-China trade deal is intact, easing doubts sparked by reported comments from a senior adviser.Futures on the S&P 500 had opened higher Tuesday, then tumbled over 1% for a time after Trump aide Peter Navarro was quoted saying the […]
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
(Bloomberg) — Gold headed toward the highest since 2012, supported by concerns over a second wave of coronavirus infections and ongoing expectations of a flood of stimulus measures.There are increasing signs that the virus is continuing to rapidly spread as governments work to reopen their economies. The metal also has found support from increasing monetary […]