Gold vs Bitcoin 2017 Bitcoin prices have officially outpaced gold prices per ounce for the first time in the currency's history. With the bitcoin price in 2017 trading above gold prices, you have a day that cryptocurrency lovers have longed for and bullion bulls have long feared. Indeed,…
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…
Soaring Gold Prices Bullish for JNUG Stock The prospect of a Donald Trump victory has sent investors fleeing into safe haven assets, sending gold prices and JNUG stock soaring. Gold prices soared as much as four percent to $1,344.05 per troy ounce overnight as Mr. Trump’s lead widened.…
Over the past few weeks, gold prices have been under pressure. If you are a gold investor, don’t let this discourage you. And if you are not already into gold, as I will explain below, a great opportunity might be developing for the yellow metal. I expect short-term…
These Reasons Say Gold Prices Could Soar From its highs of the year at around $1,370.00 an ounce, gold prices are down roughly 3.5%. With this information, investors are asking if that’s all for the rally that began in gold prices in early 2016. I warn you; don’t…
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…
Solid Gold Demand Could Send Gold Prices Significantly Higher If you are looking for the next big trade, look at gold prices. The yellow precious metal is trading at severely low prices and it may be set to provide massive gains. As it stands, there’s a gold rush…
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…
1 Reason to Remain Bullish on Gold: Central Banks Don’t be too discouraged by the recent decline in gold prices whatsoever, because they could shoot through the roof. In fact, $2,000 gold could be possible sooner rather than later. Let me explain... If there’s one thing that should…
These Investors Are Bullish on Gold Prices Gold prices continue to trend higher, with the yellow precious metal up well over 25% year-to-date. Don’t think that’s all, though. Gold prices could soar significantly from here. Here’s what you need to realize: gold prices took a hit between 2013…
Here’s One Big Reason Why Gold Prices Could Soar Gold prices continue to move upward. The yellow precious metal is up 25% already year-to-date and it could soar even higher in late 2016—and keep going up in 2017. Here’s something that will sound bold, but it’s quite possible:…
Why ABX Stock Could Underperform Barrick Gold Corporation (USA) (NYSE:ABX) is up roughly 165% as gold prices have increased about 25%. Going forward, could ABX stock continue to provide this sort of return? Before going into detail, let’s go back to the basics. With gold prices expected to…
Big Banks Turn Bullish on Gold Prices Gold prices could be setting up to surge big-time. Investors should be closely watching the yellow precious metal, as there are a few developments that could provide a rosy outlook for gold prices in 2016 and beyond. You see, in 2013,…
More Upside for Direxion Daily Jr Gold Miners Bull 3X ETF? This is my sixth consecutive (monthly) update on the longshot pick Direxion Daily Jr Gold Miners Bull 3X ETF (NYSEARCA:JNUG) stock. I originally highlighted this pick for Profit Confidential readers during the third week of January 2016.…
With gold prices up 25% year-to-date, hands down, gold has been the best-performing asset class to own in 2016 and I believe there is plenty of upside left for the precious metal. While I started recommending gold as an investment in 2001, when the precious metal traded at…
Gold Prices Could Hit $2,000 by 2018 Gold prices continue to trend higher. The yellow precious metal is up roughly 28% year-to-date. If you think this is it, you could be making a grave error. Gold bullion could soar even higher. I have been very adamant in these…
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…
Brexit Sends Gold Prices 5% Higher Just recently, Britain voted to leave the European Union (EU)—a move referred to as the “Brexit.” This sent gold prices skyrocketing more than five percent, in a matter of just a few hours, to more than $1,300 an ounce. But don’t think…
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…
Triple-Digit Gains Coming for JNUG Stock? It has, in fact, been barely five months since I first put forward my longshot pick of Direxion Daily Jr Gold Miners Bull 3X ETF (NYSEARCA:JNUG) stock for our readers, but the return to date (based on its closing price on Friday,…