Lombardi: Stock Market Commentary & Forecasts, Financial & Economic Analysis Since 1986

Gold Advice

Back in 2002 the editors of Profit Confidential started telling their readers it was time to jump into gold related investments. This gold advice proved to be extremely timely. Yes, back in 2002 we started offering gold advice to our readers and we still do it today. We have been recognized as one of the first investment letters to tell its audience to jump into gold stocks, very early in the gold bull market. The gold advice we provided resulted in many stocks we follow rising in price 100% or more in short periods of time. Today, you can regularly find gold advice in Profit Confidential. Each time gold prices moved higher, we told our readers to buy more gold related investments. See what we have to say about gold’s future dally in Profit Confidential.

Gold’s Burning up on the Chart;
My Gold Advice

By for Profit Confidential

The precious yellow metal is sizzling on the price charts, as traders shift capital from the higher-risk equities to the safe-haven sanctuary of gold. The U.S. is battling crippling debt levels and deficits. Some cities across the nation are shutting down to save money. The once powerful U.S.economic engine continues to show breaks and is stalling at this most critical time for the country.

The Gold-to-Silver Ratio: Why It’s Important, What It’s Telling Us Today

By for Profit Confidential

What the gold-to-silver ratio is, why it's important and what it's telling us today.~ reporting from Venice, Italy

I often write about gold bullion in my commentaries, but not much about silver. And my readers are writing asking me what I think about silver. As usual, I’m happy to present my ideas and forecasts.

Right up front, I want to say I’m more biased towards gold than silver as an investment. I’ve been pushing gold since 2002. At that time, I started getting concerned about spiraling U.S. debt and the increase in the money supply.

My thought has always been: if the validity of the U.S. dollar ever comes into play, gold will be the currency of choice. Not silver. I can see the government eventually forced into a situation where U.S. dollars again will be partially backed by gold bullion. I can’t see U.S. dollars backed by silver.

On the other hand, silver is used in many different industries, whereas gold is still primarily used in jewelry and as an investment-related commodity. And, as the economy in China continues to boom, as we believe it will, demand for silver for industrial use will continue to rise, pushing up silver prices.

Gold prices are up about 13% this year compared to a 29% increase in the price of silver so far in 2011. Silver is actually outpacing gold in terms of price appreciation this year.

The gold-to-silver ratio works like this: we take the current price of gold and divide it by the current price of silver. Historically, over two centuries, the gold-to-silver ratio has been 37-to-1. Today, it sits at 40-to-1.

What does this tell me? It tells me that silver … Read More

An Early Obituary for the Euro

By for Profit Confidential

Does America want members of the 17 eurozone countries to go bankrupt one by one? If only a few went under, the American currency would win the currency wars and reaffirm itself as the reserve currency of the world. If you were someone living outside the U.S., wouldn’t this sound like a “secret” strategy that could work? After all, are not all the major credit reporting agencies (that grant credit ratings to European countries) subsidiaries of major American corporations?

Investing in Gold: Why it’s Still One
of Your Top Options in Risky Times

By for Profit Confidential

Greece needs more money to pay for its previous loan. Ireland is in financial chaos. Portugal and neighbor Spain are not on stable grounds and could need help. And then there are Italy and Belgium. The European Union is in trouble. Germany and France are helping to pay for the misfortunes in these other countries. Europe is facing significant growth and debt issues.

Inflation: Why There’s No
Escaping it This Time

By for Profit Confidential

As of late, I’ve been expressing my concern about inflation, how I believe our overly generous monetary policies of the past two years and other factors would give rise to sudden and unexpected inflation in America. Inflation, as you know, is already a big problem in many countries.

« Older Entries

This is an entirely free service. No credit card required.

We hate spam as much as you do.
Check out our privacy policy.