gold prices

Why Are My Super Bowl Chicken Wings Costing So Much More This Year?

By Wednesday, January 28, 2015

Proof InflationListen to the mainstream media and they will have you convinced there is no inflation in the U.S. economy. The recent decline in gas prices has some saying deflation will prevail in the U.S. Their arguments are rather naïve; they say lower gas prices will eventually result in lower costs for producers and so on and so forth…
The logic makes sense, but this is not what’s really happening in… Read More

Two Factors to Continue Pushing Gold Prices Higher in 2015

By Monday, January 26, 2015

Gold Prices Higher in 2015Three weeks into 2015 and gold prices are already up 10% for the year. Gold stocks we have been recommending in our paid-for newsletters had a spectacular start to the year, having rebounded nicely from their oversold levels. Going forward, I expect the gold prices to move higher and with this, gold mining companies should continue to perform well.
The chart below clearly shows the breakout by gold prices from… Read More

Supply/Demand Equation for Gold Says Prices to Rise More

By Friday, January 16, 2015

SupplyDemand Equation for GoldIn 2013, when gold prices took a severe beating, and through 2014, when prices were not moving, I was one of the very few who kept on saying the depressed prices of gold bullion were a great opportunity for investors.
So far this year, gold investments have been hands down the best performer. I’m not saying this to pat myself on the back—far from it. Gold prices are up 4.4%… Read More

Gold Price Outlook for 2015: An Opportunity to Buy Low, Sell High

By Friday, January 9, 2015

Reasons to Be Bullish on Gold in 2015In 2014, the gold market was nothing like it was in 2013. Last year, gold prices remained stable and gold mining companies showed resilience.
For 2015, I expect the gold market to be stellar. I wouldn’t be surprised to see gold prices move sharply higher from their current levels and gold mining companies to show solid returns by year-end. My gold price outlook for 2015 is bullish because I see… Read More

Currency Fluctuations and Troubled Global Economy to Drive Gold Higher

By Thursday, December 18, 2014

Gold Investors’ Insurance in 2015There are too many analysts who are concerned about deflation, a period during which the price of general goods declines. Because of this, analysts are not too keen on gold. They say the yellow metal is only good for one’s portfolio when there’s inflation. When prices are declining, it’s not really worth anything. I beg to differ, though.
While I’m not denying there are deflationary pressures building up, this negative… Read More

Gold Prices Manipulated for Past Two Years?

By Wednesday, December 10, 2014

Gold PricesSince the beginning of 2013, gold’s price action has been irrational. The fundamentals are getting better for gold in respect to demand and supply, but we see sudden, wild swings, often to the downside, on no news and for no apparent reason.
Those who closely follow precious metal prices will agree with me on this: many times in 2014, it was common to wake up in the morning to new… Read More

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 even further, saying the “gold trade is dead” or “the metal’s going down to $800.00.” They all… 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 gold bullion buying in India is related to the easing… Read More

A Rational Look at Gold

By Wednesday, September 24, 2014

Rational Look at GoldThe fundamentals that drive gold prices higher are in full force and improving. Central banks are buying more of the precious metal (to add to their reserves), while countries that are known to be big consumers of gold bullion post increased demand.
According to the India Bullion & Jewellers’ Association, India’s monthly gold bullion imports are expected to rise by as much as 50% in the coming few months—in the… Read More

Where I’d Put My Money Now

By Wednesday, August 13, 2014

Annual Supply of World Gold ShrinkingAs gold bullion prices declined last year, I said supply would contract as gold miners pulled back on exploration and closed mines that were not profitable at $1,200-an-ounce gold.
For the supply of gold bullion to increase, there needs to be more discoveries. Sadly, the opposite is happening. According to SNL Metals & Mining, gold discoveries have been trending downward. In the 1990s, there were 124 new gold discoveries totaling… Read More

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