Gold

Gold is a precious metal that serves many purposes. In the world of investing, it is used to hedge against inflation, uncertainty, and currency devaluation. This is mainly because the yellow metal has been known as a currency for much longer than the fiat (paper-based) currencies and it increases in value as these factors come into play.

Gold is also used in the fashion industry, mainly for jewellery purposes, and in other industries such as aerospace, electronics, and medical.

Over the past 12 years, gold prices have soared—from around $280.00 an ounce to about $1,250 now. This represents an increase of about 250% in total or a bit more than 28% each year. Going forward, the fundamentals for the prices to move higher look promising as well. Demand is increasing and supply is shrinking.

Back in 2002, the editors of Profit Confidential started telling their readers it was time to jump into gold-related investments. This gold investing guidance and analysis proved to be extremely timely. Yes, back in 2002 we started offering gold analysis 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 guidance and analysis we provided resulted in investors seeing many stocks we follow rising in price 100% or more in short periods of time. Today, you can regularly find gold market analysis in Profit Confidential. Each time gold prices have moved higher, we’ve told our readers to buy more gold-related investments. See what we have to say about gold’s future daily in Profit Confidential.

Basic Supply and Demand Factors Will Drive Gold Prices Higher

By Tuesday, December 2, 2014

Basic Supply and Demand Factors Will Drive Gold PricesRegarding gold, there’s a daunting question going around these days: is the yellow metal worth buying? If you listen to the mainstream, you will hear them say it’s the worst investment possible for your portfolio. According to them, instead of protecting your wealth, this precious metal is doing the opposite. Some are going eve… Read More

Gold Market Setting Up to Reward Investors

By Wednesday, November 19, 2014

Gold Market Setting Up to Reward InvestorsI’ve been singing the same song to my readers all year: look at dips in the price of gold bullion as an opportunity to buy more of the metal.

When gold fell below $1,150-an-ounce in early November and so many analysts came out with the prediction of $1,100 or $1,000-an-ounce gold, I was writing about what a bargain gold stocks had become… Read More

Prices of Gold/Silver Companies to Double from Here?

By Monday, November 10, 2014

Prices of Gold and Silver Companies to DoubleSilver is down 70% from its high of $48.70 an ounce back in April of 2011. And the calls from the mainstream are for silver prices to fall farther, as the Federal Reserve has stopped printing paper money and inflation is nowhere in sight. I beg to differ.

As the price of one ounce of silver reaches a four-year low, investors are running to bu… Read More

India Buying 450% More Gold?

By Monday, October 27, 2014

How Can Gold Prices Possibly Go DownThe demand and supply situation for gold bullion, something I’ve often talked about in these pages, has taken a new course…one very favorable to gold bulls like me.

Gold buying in India is up 450% in the first nine months of 2014 compared to the first nine months of 2013. (Source: Government of India, October 14, 2014.) The jump in go… Read More

Gold Mining Companies Selling for Pennies on the Dollar

By Monday, October 13, 2014

Gold Stocks The Most Beaten-Up Sector of the Market Finally Bottomed OutThe fundamentals for higher gold bullion prices continue to impress. The table below illustrates the output from U.S. mines in the first six months of 2014 compared to the first six months of 2013.

In the below chart, we quickly see that since March of 2014, production of the precious metal has been quickly declining. Meanwhile, on the … Read More