Posts by Adam Baratta

August 10, 2015 |

Gold Shows Strength as Rates Set to Rise

Gold

Friday morning saw the release of the highly anticipated non-farm payrolls data for July. According to the U.S. Department of Labor, the country added 215,000 jobs while the unemployment rate held steady at 5.3 percent. The data was in line with expectations, as consensus estimates were looking for a number of 212,000 jobs created. In addition, there were upward revisions to previous data that added another 14,000 jobs over the previous two months. While this may seem like good news for our economy, Wall Street... Continue Reading

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August 3, 2015 |

Why Silver Could Rally Over 25% Into Year’s End

silvers-rally

While the recent decline in gold prices has been very well covered by seemingly every financial news media outlet in recent months, the decline seen in silver prices has garnered much less attention. Silver, like gold, has been on the defensive as the Federal Reserve prepares to hike interest rates for the first time in years and as stocks and the dollar march higher. Unlike gold, silver has many industrial uses-thousands of them-that put the white metal into a somewhat unique position. Silver has the potential... 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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