gold prices

Top 3 Gold Penny Stocks for 2015

By Tuesday, April 28, 2015

Gold Penny StocksAdmittedly, there are not a lot of gold bugs out there right now. This makes sense, since most investors chase profits when the shine on the precious metal is dull. While many analysts are warning investors to shun gold, there are actually a number of catalysts that point to a sustained rebound in the price of gold.
Central Banks Losing Control of EconomyRead More
Currently trading near $1,190, gold prices are down roughly 30% since the beginning of 2013 and flat year-to-date.

Check Out Michael’s Just-Released New Gold Forecast (3-minute video)

By Monday, April 27, 2015

Gold ForecastWe often hear about the money printing activities (past and present) of the Bank of Japan, the European Central Bank (ECB), and the Federal Reserve. But this phenomenon prevails across the globe. And aside from the improving fundamentals for the gold market, all this paper money printing is another reason why gold prices should rise in 2015 and 2016.
In the table below, I have calculated the percentage change in M1 (includes coins, notes, and demand deposits in circulation), the most basic money supply, of several countries that are not quoted as much in the mainstream, from 2008 to 2014…. Read More

Gold Prices to Skyrocket Due to Greek and Chinese Economic Struggles

By Thursday, April 16, 2015

Gold PricesAs it stands, there are more reasons for gold prices to go higher than there are for the yellow metal to decline.
The mainstream is focused on just two factors; they argue there isn’t any inflation and that the U.S. economy is performing well enough. Remember: there’s more to gold prices than just these two phenomena.
Think of gold as a global currency; it’s not just limited to the U.S. That said, there are many problems brewing across the global economy…. Read More

Gold Prices: Short-Term Volatility, but Bullish Long-Term

By Thursday, April 2, 2015

Gold Prices The Next Big TradeAs the bearish sentiment prevails, I continue to pay attention to the demand and supply metrics to see where gold prices are headed next. Looking at these factors, it’s clear why I’m bullish on gold.
Central Banks to Drive Gold Prices Higher
Central banks have been very active when it comes to buying gold. They have been buying since 2009 and haven’t stopped, as many suggested they would. In 2014, they bought almost 17% more than the previous year…. Read More

Gold Price Forecast for 2015: Positive Gold Outlook Ahead

By Wednesday, April 1, 2015

Gold PriceThe gold outlook for 2015 has, so far, been dull, but considering external factors, things could turn around for gold prices in 2015.
Economic Drivers Affecting Gold Price Forecast for 2015… Read More
Between 2001 and 2011, the price of gold soared more than 600% to $1,923 per ounce. Despite the poor performance of gold since then (trading near $1,200), economic and supply/demand factors suggest a bullish gold price forecast for 2015, with a turnaround for gold prices expected in the second half of the year and into 2016.

Gold Bullion: Setting Up Investors for Massive Rewards

By Wednesday, April 1, 2015

Gold Bullion massive RewardsLooking at the demand and supply situation for gold bullion, it doesn’t look like the precious metal’s price will stay at the current level much longer. Quality gold mining companies are very attractive right now at their depressed stock prices.
Gold Bullion Demand Surging in 2015
In March, gold imports in India were expected to increase to 100 metric tons, up from just 25 tons in February. If it actually happens, this will be a 300% month-over-month increase in demand for the precious metal…. Read More

Federal Reserve, U.S. Dollar: 2 Factors Supporting Higher Gold Prices

By Thursday, March 26, 2015

Gold PricesI am looking at two factors to see where gold prices are headed next: the Federal Reserve’s actions and the U.S. dollar. They are unanimously pointing toward the upside.
Let me explain…
Price of Gold and Federal Reserve’s Interest Rates Decision… Read More
On March 18, the Federal Reserve provided guidance on what it will do regarding interest rates. It is adamant that interest rates will rise. Fourteen members of the Federal Open Market Committee (FOMC) believed that the federal funds rate will be at or above 0.625% in 2015, up from the current rate of 0.25%.

Top 4 Gold Stocks in 2015

By Thursday, March 19, 2015

Top Gold StocksWith gold prices beaten down, now might be a great time to look at undervalued gold stocks.
Gold Prices Under Pressure
After a meteoric rise to $1,923 per ounce, gold prices have come under serious pressure. Currently trading near $1,150 an ounce, gold prices are being held back by “improving” economic indicators, low interest rates, and record stock market levels.
While investors like to strike when the iron is hot, it might be a better idea to strike while it’s cold…. Read More

How I Proved a Gold Bear Wrong About Gold Prices in 2015

By Thursday, March 19, 2015

Bullish gold outlookRecently, I had an interesting conversation with my friend about the current situation surrounding gold prices. He argued gold investments were a drain on your capital; I argued that gold is the next big trade.
My Friend’s Bearish Gold Outlook
“How can you be so bullish on gold?” asked a friend of mine I met with over the weekend. He argued, “There’s no inflation whatsoever, interest rates in the U.S. are about to go higher, and the global economy is in ruins—major economic hubs are struggling.”
“Gold prices,” he said “do horrible during these situations.”
Let me give you a little background: My friend works for one of the biggest banks in Canada…. Read More

Why Supply/Demand Equation Will Push Up Gold Prices in 2015

By Wednesday, March 18, 2015

Rising gold pricesHave you looked at the financial headlines regarding gold bullion recently? They are not very optimistic; in many cases, they are downright negative on gold prices. Big investment houses are bashing gold bullion, too.
Recently, UBS lowered its forecast on gold prices, saying in a report, “Within a three-month time-frame, we expect the precious metals complex to come under pressure mainly on the back of gold as market participants anticipate the first Fed rate hike.” (Source: The Bullion Desk, March 9, 2015.)
BNP Paribas, another major investment house, said about gold prices in its report, “We now see gold averaging $1,160/oz in 2015 and have introduced a forecast for 2016 of $975/oz.” (Source: Kitco News, March 12, 2015.)
Historically, investors have done well when they have gone against the trend and taken a position when the vast majority are downright negative on the same investment…. Read More