Jim Rogers gives the best investing advice you’ll hear, talks next big market crash Jim Rogers, chairman of Rogers Holdings and co-founder of the legendary Quantum Fund, said that the next financial crash could be even worse than what we saw this year. “This certainly has been the worst in my lifetime. We’ve had a […]
Robert Kiyosaki – America headed for totalitarianism, will flee country with gold The U.S. used to be a capitalist country, but is now becoming a Marxist society, said Robert Kiyosaki, best-selling author of “Rich Dad Poor Dad.” Kiyosaki was a veteran of the Vietnam War who had seven uncles fighting in World War 2. “I […]
Here is why gold price uptrend is intact – Standard Chartered The selloff last week did not impact the longer-term uptrend in gold, according to Standard Chartered, which sees weaker U.S. dollar and lower interest rates as the two driving forces behind the gold price rally. “Despite the steepest sell-off since April 2013, the longer-term […]
Gold price is gearing up: Here's the direction analysts are looking at After shedding nearly $200 this week and consolidating around $1,950 an ounce, gold is looking to resume its rally, but how far can prices really go? Gold's steepest daily correction in seven years was healthy for the market, according to analysts, who were […]
Gold price and stocks both have upside; the biggest risks and opportunities to watch While macroeconomic risks linger, the environment is constructive for both gold and risk assets, said Rob Haworth, senior investment strategist, U.S. Bank Wealth Management. “What we’re seeing in recent times is real yields are finally starting to rise…which is pressuring gold […]
Why did the gold price crash, and will it happen again? Gold prices saw their worst daily drop since 2013 on Tuesday. This sharp pullback was due to profit taking and did not detract from the long-term bullish picture, said Gary Wagner, editor of TheGoldForecast.com. “Personally, I do not believe it’s the end of a […]
The overdue correction begins – How much can gold price, silver price fall? The highly anticipated correction in gold and silver prices has begun. But don’t despair, says Commerzbank, projecting for the precious metals’ rally to resume after some profit-taking has taken place. Gold has kicked off its downward trajectory after a failed attempt at […]
Gold rate today – Yellow metal falls as dollar rebounds; Support placed at Rs 53,700 per 10 grams level Analysts suggest selling gold on the rise as they expect further profit booking. US gold futures fell 0.6 percent to $2,028.10. Gold rate today: Yellow metal falls as dollar rebounds; Support placed at Rs 53,700 per […]
Gold is starting to take the place of big tech – Mohamed A. El-Erian With U.S. treasury yields set to fall, investors are starting to cycle into solid, real assets like gold, said Mohamed A. El-Erian in an interview with Bloomberg. During an interview posted on Friday, the former Chief Economic Advisor at PIMCO said […]
Be careful what you wish for – Would a gold standard trigger gold confiscation? Massive money printing, weaker U.S. dollar, currency debasement fears, and major inflationary concerns are all flashing warning signs for many precious metals investors, elevating the voices in support of the gold standard. But would a hypothetical adoption trigger gold confiscation? Remember […]