Posts On Gold

October 23, 2015 |

There May Be One More Great Opportunity to Buy Gold

Gold Bullion

The gold market has certainly seen renewed buying interest in recent weeks, although prices currently appear to be taking a breather. After rallying above previous resistance in the $1170 area, the gold market has pulled back slightly. This could be attributed to profit-taking by “paper” gold traders as well as willing sellers at current levels. In our view, however, gold is likely seeing some position squaring and cautious trade ahead of next week’s FOMC meeting. While any action by the Fed next week is unlikely,... Continue Reading

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October 5, 2015 |

Is Gold Still In An Uptrend?

Safe investment

When it comes to making investments, human nature dictates that most of us will look to buy assets that we believe (and hope) will increase in value. If you were to buy a hot bio-tech stock, for example, at $10 per share you would likely be hoping for the share price to double or more in a relatively short period of time. If you buy a home for $300,000, you certainly would love to see that home appreciate in value over the coming years. While... Continue Reading

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July 31, 2015 |

Where the Truly “Smart” Money Goes to Work

Smart Money

It seems as if everywhere you turn these days, someone is bashing gold. Numerous reasons are given for why gold is a poor investment and why gold prices have been on the decline. “Analysts” will cite such issues as the rising dollar, potentially rising interest rates, higher stocks and more for gold’s lack of upside follow-through. Others will talk about how gold pays no dividend and even comes with a cost of carry. Even hedge funds are now net short gold for the first time... Continue Reading

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July 24, 2015 |

WHEN THE SMART MONEY MAKES MONEY

advantagegold_smartmoney

Appetite for risk remains robust right now as a last minute deal was reached to keep Greece from imploding and as Chinese equity markets have calmed down. When investors are comfortable taking more risk, assets like stocks may rise while perceived safe haven assets like bonds and gold may fall. The price of gold has been falling, in fact, as investors anticipate the first upcoming rate hike from the Federal Reserve and as the economy is showing some signs of improvement. In the meantime, Greece... Continue Reading

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July 20, 2015 |

China to Take More Control of Global Gold Trade

AG_Blog_feat_China global gold

China has made it abundantly clear that it wants to gain more control over the global gold market. The country is taking steps right now to solidify its place among the powers that set the global gold price. While London and Comex have long been the authority of global gold trade, that is about to change… This should come as no surprise, however. China has reportedly been buying massive quantities of gold in recent years, and has taken a number of steps to further its... Continue Reading

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June 9, 2015 |

Russia to Continue Buying Gold

russia_gold

It’s no secret that many central banks have been buying gold in recent years. This trend of central bank buying does not appear to be slowing down at all either, in fact, it appears to be accelerating. These financial mega- institutions have been adding physical gold bullion to their reserves not only for its inherent value but also for diversification as uncertainty surrounding global currency markets increases. In a recent Kitco News article, Elvira Nabiullina, who is chairwoman of the Russian Central Bank, is said... Continue Reading

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June 8, 2015 |

Gold's Long-Term View Alive and Well

Gold_long term

Gold prices have not done much of anything in recent months. In fact, the yellow metal has remained range bound as investors appear to be waiting on the outcome of ongoing negotiations between Greece and its creditors. In addition to Greece, markets also appear to be in a holding pattern as the Fed prepares to raise interest rates for the first time in years. As the Fed gets ready to tighten, the ECB and other central banks continue to pump markets full of stimulus money... Continue Reading

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June 4, 2015 |

The Reality of Central Bank Gold Ownership

gold_reality

Gold has been called a lot of things over the years. While some investors have lauded gold as a safe haven asset that can preserve wealth and purchasing power, others have referred to it as a “barbarous relic” and silly investment. It is our belief that those who understand the monetary system understand and appreciate the value of gold and precious metals, while those that do not are the ones that choose to bad-mouth such investments. We mock what we don’t understand… For those who... Continue Reading

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November 14, 2014 |

Even Gold Mining Companies Have Problems

gold nugget

So you’ve got a hole in the ground and you’re mining a precious metal and selling it on the open market. What could possibly go wrong? Plenty, actually. The gold mining industry as a whole is nearing a point where they’ll need to reduce output or even shut down some of their operations completely. With the price of gold reaching a four-year low, mines are being forced to slash costs and rethink their strategies. Gold prices have lost ground to the U.S. dollar which has... Continue Reading

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