Gold Is Moving Again!
January 26, 2009
It has to happen. Hell will freeze over (is there such a place?) before gold is stopped in its march to $1,500+. Gold moves primarily on the three-fold cord of war, uncertain econoic activity, and inflation. We’re still in a war(s), economic uncertainty is about as high as it can get. And down the road, the BILLIONS, maybe TRILLIONS, of US$’s that are being printed will take inflation into double digits again. Continue Reading »
Mahendra Sharma Prophecies
January 20, 2009
Mahendra Sharma was born in Northern India in a state called Rajasthan in 1967 in a Hindu family. He combines his Bachelor of Science Degree in Business Management with a two year astrological institution of India (1982-83) to prophecy about furure economic events. I have been a random follower of Mahendra for several years and have found his prophecies more than interesting- about 80-90% accurate. So, what’s this astrological guru saying about the future? Continue Reading »
Gasoline Prices Fall Fast
October 15, 2008
Don’t look now but gasoline prices have fall more than seventy cents a gallon in the past two weeks alone. They should have fallen more but you understand how it ll works now don’t you. In the last three months the price of a barrel of oil has fallen from $147 to $74. You do the math! And what about gold? Continue Reading »
Another Gold Rush Lurks
October 6, 2008
Who has the heart and courage, much less the staying power, to stay in such a turbulent market? Up 300, down 778, up 200, and down 800 mid day to finish off 300+ on Monday. I like to sleep at night. And there are enough other things to really worry or think about other than how much money did I lose today. Thus, get in on GOLD as a new GOLD RUSH is on the horizon. Continue Reading »
Gold Soars On $ Liquidity
September 29, 2008
Stocks plummeted on Wall Street even before the 228-205 vote to reject the bill was announced on the House floor. When the critical vote was tallied, too few members of the House were willing to support the unpopular measure with elections just five weeks away. Ample no votes came from both the Democratic and Republican sides of the aisle. Continue Reading »
The Gold Revival
September 18, 2008
For thsoe who had written off gold, or those that were shorting the yellow metal, last two days have given everyone pause to reconsider. Gold was up $90 on Wednesday for a record one day advance. Many were saying that it was overdone and would drop on Thursday; however, gold was another $30 on Thursday for an eye-popping $120 over two days. Continue Reading »
Gold Starts To Rebound
September 17, 2008
The Russian stock market have been forced to close for two days in a row now as a meltdown in financial markets circles around the globe. Once upon a time America was a capitalistic economy but with the government buying out Fannie Me, Freddie Mack, and AIG in the last few days, so much for that concept. We’re in very dangerous waters and the savvy people know it. Continue Reading »
Black & Red Monday
September 15, 2008
You’ve heard of Black Monday, well welcome to black and RED Monday. The Dow tanked big time, falling mroe than 500 points. And though spot gold had the second day of rebound off the bottom, HUI tanked along with the stocks. Today was a good example of why it’s best to hold the real thing (gold coins or bullion) than to be holding gold stocks. Continue Reading »
Has Gold Found The Bottom?
September 10, 2008
A little over a month ago, I said that gold was headed for $750 (when it was at $930). But then long term, I still see gold as a four-digit number. Gold has been dropping like a rock in the past five weeks and it closed at $757 today, which is about as close to $750 as one can get. Now what? Continue Reading »
Fannie Mae & Freddie Mack
September 8, 2008
In case you wouldn’t believe it before, believe NOW! America is no longer a capitalistic system. We’re more tha n headed to a social, if not a communistic system. Ah come now, surely things aren’t that bad! The question needs to be asked though. Has America created its own variety of communism with the U.S. Treasury Department’s bailout of two beleaguered government-sponsored enterprises (GSEs), Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE)? Continue Reading »
$750 or $1,500 Gold?
August 8, 2008
After a run from $250 to $1,000 and a few months in the trading range of $850-$950, gold sits at a very precarious position, as well as many commodities- can you say OIL? Anyone who is holding on to gold, silver, or precious stones at this point has considerable short term risk. Continue Reading »
Golden Recovery
July 14, 2008
For those that have written off the commodities market and especailly gold (like Mahendra) and been long on the US$, things ar not going well. As I’ve written for nearly a decade now, GOLD is on a bull run and it’s not over by any stretch of the imagination, though there can be serious seasonal hits from time to time. In the last few weeks gold has charged fro $850 to $975. Continue Reading »
Gold Resumes Climb
June 30, 2008
After hitting $1,000 an ounce, gold backed off as is usually the case when a major psychological level is hit. Gold dropped back to the $875-$900 tradning range until last week. With the price of oil going up and the European Union considering raising interest rates, pressure on the US$ is great indeed. Thus gold is trading in the $925 range now. Continue Reading »
Gold Correction
April 1, 2008
As is typically the case when a new psychological level is reached and breached, there’s a backing off, taking of profits, and a consolidation. So too with gold. Gold shot through the $1,000 level and has been backing down in wild gyrations for the past 2-3 weeks, barely staying above $900 after today’s $20+ drop. Continue Reading »
Upcoming Seminar...
Visit Our Sponsors...
Advertisements
