Editor’s Picks: Here’s Why Gold Prices Could Hit $13,000

Here at Profit Confidential, our team of financial analysts comb through hundreds of reports every week to give you the investment edge. We analyze the actions of the stock market, precious metals, interest rates, real estate, and other investments so we can tell you what today’s financial news will mean tomorrow.

For the week’s most popular Profit Confidential stories, read on…

U.S. Economic Collapse: Ron Paul Issues a Dire Warning for America

“China and Russia are already moving away from using the dollar in international transactions. […] It is only a matter of time before more countries challenge the dollar’s reserve currency status, and, when this happens, a Greece-style catastrophe may be unavoidable.” Read More


Key Indicator Shows Silver Prices Could Rise 420%

“If you hold gold steady at its current price of $1,138.80, and use the natural ratio of silver-to-gold deposits as the valuation method, silver should sit at $67.00.” Read More


Wearable Technology: Should You Buy Fitbit Inc.?

“The wearable technology boom is mostly hype.” Read More


Bernie Sanders: The “Real” Unemployment Rate is 10.5%

“The real unemployment, if you include those people who have given up looking for work and the millions of others who are working part-time 20, 25 hours a week when they want to work full-time, when you put all of that together, real unemployment is 10.5%.” Read More


Libertarian Gary Johnson: Donald Trump Appeals to “Racist” Voters

“Donald Trump is pandering to bigots and destroying the Republican Party. At least, that’s according to former New Mexico Governor Gary Johnson.” Read More


3 Top Penny Stocks to Watch in August 2015

“There is no other way to say it: the U.S. stock market is overvalued. […] Still, there are companies that have solid growth and seem to be a bargain at today’s prices.” Read More


Alan Greenspan: “We’re In Trouble” If Bond Market Crashes

“What people are not focusing on is we have a bond market bubble and when that decides to work its way off we’re in trouble.” Read More


Warren Buffett Owns 9.9 Million Shares of Visa Inc.; Should You Buy, Too?

“According to Berkshire Hathaway Inc.’s (NYSE/BRK-A, BRK-B) 13F filing with the SEC, the company owns 9.9 million shares of Visa, worth $646.6 million. This represents a 294% increase over the previous quarter.” Read More


Peter Schiff: Here’s Why Gold Prices Could Hit $13,000

“People believe that these fiat alternatives represent ligament stores of value when they don’t. […] When people start to question that and realize their purchasing power is not safe there, then people will start looking for an alternative.”

U.S. Inventory Stockpile Up to Size of Canada

“The amount of inventory built up at U.S. businesses is now similar to the size of the entire Canadian economy!” Read More