Gold Bullion: “Triple Threat” Could Send Gold Prices Skyrocketing

Buyers Disregard Gold Prices It can’t be stressed enough: if you want to know where gold prices are going, then pay attention to buyers. Their actions suggest gold bullion prices could soar. We are seeing a gold rush, but unfortunately it fails to get any recognition. There are three things you must know: China remains a strong buyer, Indian’s gold…

Profit Confidential Announces Two Key Factors Point to Gold Hitting Record Levels in 2016

New York, NY, April 26, 2016 – Profit Confidential (www.ProfitConfidential.com) an e-letter of Lombardi Publishing Corporation, a 30-year-old consumer publisher that has served over one million customers in 141 countries, is announcing that two key factors suggest gold prices will hit record levels in 2016. “After finishing its best quarter in 30 years, gold remains bullish, up almost 18% in…

Gold Bullion: Something Big Just Happened in the Gold Market

This Could Send Gold Bullion Prices Soaring Keep your eyes on gold bullion prices. The launch of the SGE Gold Fix on April 19 may be the most significant event in the gold pits in the last 100 years. This is because lately, the worldwide price of gold has been set by the bourses in London and New York, where…

Gold Prices: This One Factor Suggests $2,000 Gold Could Be Coming

Here’s Why Gold Prices Will Skyrocket If you want to know where gold prices are headed, then pay attention to the buyers. Their actions suggest the yellow precious metal could soar in 2016. As it stands, there’s a buying frenzy in the gold market. Even those who said gold bullion isn’t worth owning are now saying it’s worth a look.…

Gold Mining Stocks: This Industry Still Has Triple-Digit Upside

Too Late to Buy Gold Mining Stocks? This is our 90-day (three month) update on my longshot pick gold mining stock, Direxion Daily Jr Gold Miners Bull 3X ETF (NYSEArca:JNUG) which I first presented in January. How is the pick doing? Well, pretty good by general market yardsticks. If you factor in that this is a highly leveraged gold pick…

Gold Prices: These Two Factors to Push Gold to Record-High in 2016

Those still bearish on gold prices need to take the time to pause and reflect. That’s because the yellow metal could be setting up to reward investors big-time this year. Before going into details, please look at the daily gold price as depicted in the chart below. Pay attention to the circles I have drawn on the chart. Chart courtesy…

Gold Prices: This Could Trigger Massive Move in Gold Prices

This Could Reveal Where Gold Prices Are Going Next Are gold prices going to sink or swim, rise or flop from here? What if when market analysts of the future look back at this period, they conclude that the reason no one saw the big move coming…was that no one was asking the right question…? The biggest gold influencer from…

Gold Prices Touch 3-Week High

Weaker USD, More Dovish Fed Boost Gold Prices Gold prices rose to the highest in nearly three weeks, boosted by a weaker U.S. dollar and more cautious Federal Reserve. The gold price for June delivery rose 1.3% to $1,259.40 at 11:40 a.m. on the Comex division of the New York Mercantile Exchange. Gold prices logged their best weekly gain in…

Gold Prices: This Trader Sees Massive Rally in Gold Prices

Big Rally Coming for Gold Prices A trader is betting more than $2.0 million that gold prices could appreciate 10% in one month. The bet on SPDR Gold Trust (ETF) (NYSEARCA:GLD)—the exchange-traded fund (ETF) that tracks gold—was made on Thursday, when bullish trades outpaced bearish ones. CNBC reports that the trader purchased 10,000 July 125-strike calls for $2.29. Since each…

Gold Price: Why Changes to London Gold Fix Could Send Gold to $5,000

Could the Gold Price Skyrocket? The gold price death spiral between 2011 and 2015 left a lot of analysts puzzled. Money poured out of precious metals and into stocks, driving gold prices into a deep slump. Now, an overhaul at the London Gold Fix could help reverse the tide, drawing in institutional investors and sending gold prices to levels we’ve…

Outlook for Gold Keeps Getting Better

Gold prices may not have moved much in March, but the 15.6% gain in the first three months of the year was the biggest quarterly gain in three decades. While gold futures may be down, there is more than enough global economic uncertainty and stock market volatility to suggest gold’s first-quarter run isn’t over yet. U.S. Stocks Slide as Central…

Gold Prices Log Best Week in Three

Repeated Dovish Fed Comments Boost Gold Price Gold prices extended gains for a third day in five after Federal Reserve Board Chair Janet Yellen repeated that any rate hikes by the Fed will be gradual. A gloomy outlook for quarterly corporate results has spurred risk-averse investors to pour money into safe-haven assets like bullion. The gold price June delivery rose…

Gold Price: You Won’t Believe Who Predicted Gold Would Hit $3,000

Osama Bin Laden, the global instability maker, was a gold bug, documents have recently revealed. A few months before his 2011 death, the leader of the Al-Qaeda organization had predicted the gold price would double to $3,000 a troy ounce, which has not happened thus far. In 2010, Bin Laden—the mastermind of the September 2001 attacks on the United States—wrote…

Gold Prices Spike Amid Increasing Bets on Dovish Fed

Gold Prices Soaring After Fed Minutes Gold prices spiked on Thursday as investors speculated the Federal Reserve would be dovish on hiking interest-rates given global economic headwinds. The gold price for June delivery rose as much as 1.8% to $1,245 a troy ounce before trimming gains to $1,242.40 a troy ounce, up 1.4%, at 11:28 a.m. on Comex in New…

Gold Prices Settle Lower Ahead of Fed Minutes

Gold Prices Slipping After Fed Transcript Gold prices fell on Wednesday as equities strengthened following a recovery in oil prices, but price moves were stopped as investors eyed the minutes of the U.S. Federal Reserve’s March policy meeting. The June gold price slid 0.5% to settle at $1,223.80 on the New York Mercantile Exchange. U.S. stocks jumped on Wednesday, helped…

AMZN Stock: This Is Why Goldman Sachs is So Bullish on Amazon.com, Inc.

After a run up of almost 120% in 2015 in Amazon.com, Inc. (NASDAQ:AMZN) stock, it’s almost hard to imagine that a $227-billion company can climb higher. But after you take a look at what the e-commerce giant has in the works, it’s not hard to see how AMZN stock could push to new heights. Goldman Sachs says that even at…

Gold Prices Gain on Mounting Global Uncertainties

Gold prices restored their allure on Tuesday as renewed global economic and geopolitical concerns prompted cautious investors to turn back to safer assets. The June gold price rose to as high as $1,238 a troy ounce before trimming gains to $1,230, up 0.9%, at 11:44 a.m. in New York. International Monetary Fund Managing Director Christine Lagarde warned on Tuesday that…

Gold Prices: Here’s What the Federal Reserve Doesn’t Want You to Know

Are Gold Prices Being Manipulated? It is my view that we will get the answer as to whether or not the gold market has really turned for the better this month. I think the action in April will set the tone for the days and weeks to come. This month, gold prices could soar like an eagle. Or drop like…

Gold Price Drops as Fed’s Rosengren Eyes Early Rate Hike

The gold price retreated for a second session on Monday after a dovish Federal Reserve official projected more and faster interest-rate hikes than the market is expecting. The gold price for June dropped 0.3% to finish at $1,219.30 a troy ounce. Boston Fed President Eric Rosengren, who is usually cautious, said on Monday that the Fed could tighten monetary policy…

Top 10 Countries with the Highest Gold Reserves

Top Countries with the Largest Gold Reserves Is Gold Bullion at a Crossroads? Gold has had a remarkable run since it started its nascent rise in early 2001, climbing more than 650% between April 2001 and September 2011. Since then, gold prices have either taken a breather or are preparing for another upswing. Based on the gold purchases made by…