Posts On Financial Guidance

Don’t Be Fooled

It seems that everywhere you look these days, people are talking about how well the economy is doing. In fact, recent GDP data does point to further economic strength, and the Fed has even stated that it still plans on moving forward with additional rate hikes. Stocks continue to reach fresh all-time highs, and investor appetite for risk remains quite robust. There comes a time in every bull market, however, when investor complacency reaches levels that warrant a significant correction or even reversal in the... Continue Reading

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Watch Rates for Higher Gold

When it comes to the notion of higher interest rates, most investors automatically, and mistakenly, assume that higher rates equates to lower gold prices. Given the past decade of ultra-low rates and QE, however, such a correlation could actually have the direct, opposite effect of what many assume. The benchmark 10 year note could possibly hold the keys to substantially higher gold prices in the months and years ahead. That’s right: A higher 10 year yield could actually boost gold rather than drag it down.... Continue Reading

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Patience is Key

Gold is showing some undeniable signs of strength that could be indicative of an upcoming breakout in price. While those that are only near-sighted or looking to trade the metal over the short-term may be frustrated with its recent trading range, smart long-term investors may see the current range as a great opportunity to acquire more of it before prices really take off. There are two current issues being seen in the market that are noteworthy: First, the gold market has seen any significant declines.... Continue Reading

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Don’t Be Fooled

The gold market has come under some selling pressure in recent weeks and can be viewed in one of two ways: First, that the recent rally is failing and that further downside could potentially be seen or, secondly, that the current dip from recent highs is nothing more than back and fill trade and an excellent opportunity to buy gold at a relative discount. Sure, the dollar index has been rebounding a bit and that may be weighing on gold. And yes, stocks remain at... Continue Reading

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Look Out Below

The next major market downturn could make the market meltdown of 2008 and 2009 seem like a walk in the park. There are numerous potential issues that could fuel a major sell-off in stocks and risk assets, and declines well into the double digits are a distinct possibility. Gold is often referred to as a type of portfolio insurance, and now may be the ideal time to consider adding this key asset class to your portfolio. Before you shrug off the notion of owning hard... Continue Reading

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Is Gold the Ultimate Wealth Attractor?

In a recent interview with Kitco.com, Rich Dad Poor Dad author Robert Kiyosaki suggested that if you want $100,000, you need to get gold. The world-renowned author stated “If I want $10,000 a month, I hold $10,000 in gold; gold is an attractor and people need to understand that if you buy more gold, your income goes up.” That is a pretty profound statement for sure. The law of attraction is very powerful-and what better way to build your wealth than starting with a solid... Continue Reading

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