Gold Prices

What a few months it has been for gold. With war worries in Libya to debt concerns in Europe and the United States, along with rising demand out of China and India, it appears to be the perfect storm for driving gold prices higher. In fact, the break…

In coming up with a headline for today’s editorial, I was contemplating just using the word “denial.” Simply put, the investors and markets are in denial…much the same as an alcoholic who thinks that if he skips drinks at breakfast and lunch, he’s okay to drink at night.…

Three major trends in the financial markets, all from which investors can make money, continue their development this morning… Trend #1: Rising long-term interest rates. The 10-year U.S. Treasury hit a yield of 3.6% Friday morning. My forecast calls for the bellwether 10-year Treasury to easily sail past…

If you are a stock market investor or a gold investor, or both, today’s PROFIT CONFIDENTIAL is a must-read. Why? Because, by the time you are finished reading this issue, you could very well be convinced long-term that the stock market is going down and gold is going…

I think that investors should be keeping a close eye on the spot price of gold and be ready to consider new positions in gold stocks if there’s any meaningful correction in the commodity. Spot prices seem to be taking a bit of a rest here, but they’re…

Investment money has a tendency to run to the place where it has the potential for the highest return. In the late 1990s, we saw investment money run into tech stocks as the NASDAQ hit 5,000 (only at 2,209 today, 10 years later). In the mid-2000s, we saw…

— "Profit Confidential" Column, by special guest columnist Anthony Jasanksy, P.Eng. Over the last two years, it took five attempts for gold's price to finally break above the psychological resistance at $1,000 per ounce. Though gold has been in a secular bull market in all currencies, much of…

The news is pretty grim and there is a lot of liquidation going on in the equity market. I can imagine that the only people making any money in this market are those who are any good at trading S&P 500 Index futures. And the global coordination of…

It's just after World War II and the strength of the U.S. military reigns supreme around the world. With the end of the war, a construction and manufacturing boom starts in the United States that will last at least half a century. As the "empire" grows, its currency…

Not since the days of the Enron collapse have the banks received so much publicity in print and electronic media. The only thing banks may like about all the attention this time is that it comes free of charge. What started the credit market problem was the collapse…

With all the volatility hitting the stock market over the past few weeks, one would rationally expect gold prices to rise as stock investors seek stable refuge. But if we look deeper, we realize that a run-up in gold prices could cause the financial panic hitting the credit…

Markets are now proceeding into the second half of the year, where investors are expecting to see better earnings and a possible cut in interest rates. At the midpoint, the technology-laden NASDAQ is leading with a 9.51% gain, and has essentially matched its return of 9.52% in 2006.…

As long-term interest rates in the U.S. continued to rise last week, the stock market put in worse performance in about three months. The Dow Jones Industrial Average was down 1.4% for the week, the S&P 500 down 1.3%. With interest rates rising in the U.S., the fear…

Look north, my dear reader, look north. Because just north of the U.S., in our very own back yard, the best performing stock market in the world just continues moving higher and higher. I've often written about the merits of investing in the S&P/TSX Composite (what could be…

Why have I yet to read a respectable story in the general media about how good an investment gold bullion and gold stocks are at present? Because the media only seems to report the negative price action on gold when it happens. that's something I've become convinced about.…

Oil and gold prices have been correcting sharply over the past month. While some say the bull markets in these two commodities are over, I'm in a second camp that believes we're witnessing a classical price correction for oil and gold. In my opinion, too many investors and…

I don't have to tell you that it has been tough out there for the past few weeks. However, there is no real reason not to take advantage of every profit opportunity available, however scarce they may be. At the same time, there is nothing wrong with being…

Gold prices continue to hold at close to $640 an ounce but there is also some congestion forming on the chart as the market decides whether prices should go higher in the near-term.  The basis June Gold futures contract on the COMEX broke to a new contract and…

Excitement in the oil patch has tailed off, but, as Michael Lombardi discussed above, we could see a gold rush emerge in the mining sector. The cash price of gold traded as low as $420 in July, but recently touched $480 an ounce in mid-October.  Investors may be…