By Michael Lombardi, MBA for Profit Confidential
This doesn’t make it easy to understand for investors who bought gold stocks and have now seen them go down in price…
But while the prices of gold stocks have pulled back significantly this year, demand for physical gold bullion has gone through the proverbial roof.
The U.S. Mint had to halt the sales of its most-sold 1/10-ounce gold bullion coin. In Australia, the Perth Mint is working in overdrive to fill rising orders. The British Mint...Read Full Story
Gold Miners Won't Hedge – for Now BullionVault ... less keen on hedging" Mitsui goes on, again pointing to shareholder activism against hedges. But if the gold price rallies to $1500 per ounce , the report warns, "the recent experience could make miners keener to lock in profits at that level to ... DERIVATIVES: Gold fall spurs hedging re-think IFR Asia all 2 news articlesRead Full Story
Wholesale prices for gold and silver rallied from a fresh plunge in early London dealing on Monday, rising to stand unchanged and 2.3% lower respectively from the end of last week’s trade by lunchtime.
Asian stock markets closed sharply higher, even as the Japanese Yen reversed Friday’s drop to new 4-year lows against the US Dollar.
Commodities ticked lower as did major government bonds. Silver prices today touched the lowest level in 44 months, dropping within 25¢ of $20 per ounce.
This...Read Full Story
How to trade Gold and other precious metals related investments is not that complex. But you must be willing to wait for price to provide low risk entry points before getting involved. Precious metals are like any other investment in respect to trading and investing in them. There are times when you should be long, times to be in cash and times to be short (benefit from falling prices).
Since 2011 when gold and silver started another major bull market correction the best position has been...Read Full Story
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and get our daily e-letter Investment Contrarians.Gold and Silver Bullion Shortage Could Benefit Undervalued Mining Stocks
When it looks as though things couldn’t get worse for precious metal mining equities (GDX), that may be just the time to buy for contrarians. Not only are the junior miners (GDXJ) sloping to historic decade lows, but gold (GLD) bullion which has held up considerably well in...Read Full Story
Covers all aspects of Investing In Precious Metals and Hard Assets