Is Bitcoin Becoming the New Gold? Bitcoin (CURRENCY:BTC) prices received a 2.5% jolt on the day after Donald Trump's U.S. presidential victory, leading some to believe that the cryptocurrency will serve as insurance against the uncertainty of the new presidency. Bitcoin prices have been having a pretty stellar…
More Upside for Direxion Shares Exchange Traded Fund Trust This is my seventh consecutive monthly update on the “longshot pick” Direxion Daily Jr Gold Miners Bull 3X ETF (NYSEARCA: JNUG)—also known as Direxion Shares Exchange Traded Fund Trust—which was originally offered to Profit Confidential readers in the third…
Michael Lombardi, founder of investment research firm Lombardi Publishing Corporation and the popular financial web site Profit Confidential, has been bullish on gold prices for some time. When big investment houses were saying gold prices were going to go much lower, he was telling investors that we could…
Here Is the Craziest Gold Story You’ve Ever Read... Fasten your seatbelts. Because, even if you consider yourself open-minded and well-read on topics the “MSM” (mainstream media) avoid, this is still going to blow your socks off. Recently, none other than Sir Alan Greenspan, the former Fed chair—and…
America’s so-called economic “recovery” is unsustainable and the looming financial crisis could push gold prices to about $2,500 per ounce. At least, that’s the opinion of Michael Lombardi, founder of the investment research firm Lombardi Publishing and the popular financial web site Profit Confidential. He has been widely…