Tuesday, July 23, 2019
Gold prices could be set to move at least 15% in either direction by the start of next year. A trader purchased over 1,000 GDX straddles which is an options strategy used to bet on movement in an underlying asset without trying to guess direction. This particular straddle suggests a big move could be coming […]
With all the talk of interest rates, inflation, and recessions, it’s no surprise that gold has become a popular topic in the financial media. Gold tends to gain popularity among investors when there is uncertainty regarding the economy. More specifically, when there is concern the US dollar is going to become less valuable, gold starts […]
Gold is back in the good graces of investors as lower interest rates threaten to devalue the US dollar. Precious metals tend to be in demand as the dollar goes down, and 2019 has been no exception to this rule of thumb. But recently, the price of gold has really taken off. For the month […]
Tensions over the trade war with China have become a daily part of the financial news. But, new “developments” in the standoff can still lead to market volatility and the occasional steep selloff in stocks. Most recently, the escalation of tariffs from both the US and China caused a pretty big one-day drop in stocks […]
Economics news has taken center stage over the last week or so, with the word “recession” popping up quite a bit in financial headlines. The Fed has recently said it doesn’t plan to raise rates in 2019 and the investment crowd wants to know why. Not to mention, we’ve had the dreaded “inverted yield curve” […]
Several experts, who are not in the gold business, recently suggested gold will be a good investment in 2019. Zerohedge reports on David Einhorn’s annual letter to Greenlight Capital shareholders with my emphasis: “Gold – Long – U.S. debt to GDP is over 100%. The…U.S. debt has increased by over $2 trillion…. When the economy eventually slows, the […]
One of the drawbacks to owning precious metals is raw commodities don’t generate a cash flow and thus don’t pay dividends. I’m not talking about precious metal miners, but the metals themselves. But despite this lack of income, many investors still like to own gold and silver. Why are precious metals so popular? Well, they […]
One of the unsung stories of the last few months is the resurgence in gold prices. An ounce of gold has climbed from a low of about $1,200 in mid-November to over $1,300 as of this writing. That’s a pretty sizable jump in a relatively short amount of time. There are a few reasons why […]
The markets may have recovered from the disastrous last quarter of 2018, but that doesn’t mean all the trouble is behind us. There is plenty of risk to take into account in the coming weeks. In other words, investors should remain cautious. The Fed decided not to raise rates in January and plans on being […]
Despite the harsh selloff in stocks this December, gold hasn’t seen a major influx of investors. As the quintessential precious metal, gold tends to attract investment dollars in times of uncertainty and investor concern. Yet, with the S&P 500 down nearly 7% in December, gold is only up about 2%. That’s not to say gold […]
