Gold stocks have had a difficult year. As a group, they underperformed gold bullion; however, there have been signs of life, as a large number of buyers have stepped in over the recent weeks to accumulate shares of gold stocks. One of these gold stocks that have had some issues in relative performance is Barrick Gold Corporation (NYSE/ABX). Recently Barrick Gold’s CEO Aaron Regent was let go due to the poor performance of the stock price…. Read More
Archive for the ‘gold stocks’ Category
Much has been written about the underperformance of gold stocks versus gold bullion. For many investors in gold stocks, this has been a frustrating period of time to see so many undervalued and cheap companies not being able to move up in price. This divergence appears to have shifted over the last couple of days, as we’ve seen gold stocks outperform gold bullion and I think this trend might continue.
When looking at gold stocks, I’ll take a look at the entire basket, which is easily viewed through Market Vectors Gold Miners ETF (NYSE/GDX)…. Read More
The volatility in oil prices has been significant over the past year. These last few weeks has actually seen a lot less volatility almost the “calm before the storm.” Oil prices, as with all commodities, functions based on supply and demand. We can see a lot of these issues played out in the actual oil prices themselves through technical analysis.
Chart courtesy of www.StockCharts.com… Read More
This is a one-year, daily chart of West Texas Intermediate (WTI) crude oil prices.
A lot of talk has been focused on gold bullion over the past few years. The question I’ve been asked lately is: has this decade-long run in gold prices come to an end or will it continue?
Let’s look at it from two perspectives. From a fundamental stance, recent economic data points to continuing weakness in many if not most economies around the world. We here at Profit Confidential… Read More have described in detail the problems occurring and I’m sure many of you also have felt the economic hardships over the last few years.
Much time has been spent recently discussing the up and down moves in the price of gold bullion. People with a long-term investment strategy need to weigh a lot of different variables when determining what they should be doing with their funds and the varying factors that are impacting the price of gold bullion.
Gold bullion has been a store of value for thousands of years and in some cultures it is more readily part of everyday life…. Read More
After the tech bubble in March 2000 popped and before the recent financial and credit crises struck, at least three sectors have managed to post significant gains: bonds; real estate; and small-caps. For some reason, however, gold remained under the radar for most investors. Yet, since the stock market peak, prices have climbed past many psychological marks. The shares of companies that mine the metal have gone for the ride.
The perennial question for any gold investor is whether to buy bullion or gold mining stocks…. Read More