Gold is back up to $940 as I write this comment. The summer months are usually weak for gold, and while conditions are good for the yellow metal now, they are about to get much better. A dollar crisis in November is one prediction from Jim Sinclair, the biggest gold bug of them all, listen to his interview on South African TV this week: arabianmoney.net/2009/.../
Adrian Day: Summertime Brings Buying Opportunity in Juniors [View article]
Gold might already have bottomed out, in that case the juniors are indeed a great buy, still hard to know which to buy however, see: arabianmoney.net/2009/.../
Is the U.S. Dollar Headed for a Mighty Crash? Part I [View article]
Have a look at this Bloomberg report on what the US dollar decline meant for commodities and stocks last week:arabianmoney.net/2009/.../ More of the same coming this week ahead - looks inevitable.
Is the U.S. Dollar Headed for a Mighty Crash? Part I [View article]
Judging from the advance in gold over the past couple of days you would have to conclude that the dollar is heading for the pits. The gold chart is pointing back to $1000 and this could be the third and final assault. This is the time to get back into gold or you will regret it. Chasing equities would be the wrong rally to jump into, gold and silver are the only show in town, see: arabianmoney.net/2009/.../
Go For The Gold - Cramer's Mad Money (9/22/08) [View article]
Buffett clearly agreed with Cramer on this occasion and bought into GS! I wonder if Buffett will not go one better than Cramer on gold and buy silver. He did it a decade and doubled his money. Warren likes that sort of investment. But I think the bombed out junior explorer stocks offer the chance to beat Buffett - these shares are too small and tightly held for him to bother but ideal for smaller punters to leverage the rising tide of gold and silver. LNXGF is my top pick from the NYSE - nice gold claims as assets, cash from a share placing and great at self publicity. Not quite GS but then we can not all be a WB!
Gold Stocks Set for Big Advance [View article]
How Investors Can Trade the Dollar [View article]
arabianmoney.net/2009/.../
Adrian Day: Summertime Brings Buying Opportunity in Juniors [View article]
arabianmoney.net/2009/.../
Is the U.S. Dollar Headed for a Mighty Crash? Part I [View article]
More of the same coming this week ahead - looks inevitable.
Is the U.S. Dollar Headed for a Mighty Crash? Part I [View article]
arabianmoney.net/2009/.../
Go For The Gold - Cramer's Mad Money (9/22/08) [View article]