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The One Stock That Can Protect You From California's Unfolding Drought Disaster

If you live on the East Coast like we do, we’re betting you are paying only passing attention to the California drought.

That’s a mistake.

You see, we’re talking about a three-year water shortfall that is historic in scope.

And the potential implications are terrifying…


Precious Metals- Money Morning - Only the News You Can Profit From.

  • Silver Price News Today

    Topping silver price news today is how the flight-to-safety trade is back on, as evidenced by recent moves in commodities.

    Despite some profit taking Friday, silver prices rose roughly 5% this week and 1% last week. That helped the white metal log a sterling 21.3% gain for August and nearly 30% over the last nine weeks.  

    To continue reading, please click here...

  • Gold Price News Today

    Today the gold price seems to be taking a break from its recent run-up, but not before briefly pushing past the psychologically important $1,400 level.

    Following a 1.8% surge on Friday, gold prices hit $1,407 in trading in Asia early this morning (Monday) and then pulled back to $1,390 before settling at about $1,395 an ounce.

    To continue reading, please click here…

  • How China Makes Investing in Gold a Winning Move

    Gold prices today touched over $1,346 an ounce – continuing this week's rise to the highest level in three weeks.

    This move came despite news that larger investors are no longer investing in gold as much as earlier this year.

    Billionaire investor George Soros sold his entire position in the SPDR Gold Trust (NYSEArca: GLD) in the second quarter of 2013. Another billionaire investor, John Paulson, reduced his holdings in GLD by 53% in Q2.

    To continue reading, please click here…

  • Today's "Gold Convergence" Is Your Best Buy Signal Yet

    We've been recommending gold shares for months now, ever since prices collapsed in April. But timing's getting critical, because now the market is telling you gold is set to surge…

    The first piece of evidence hit my radar on August 1st, moments after Barrick Gold released its $8.7 billion "news." (More on that in a minute.)

    To continue reading, please click here…

  • Investing in Gold Mining Companies: Don't Ignore This Number

    In mid-July, anyone investing in gold mining companies saw their year-to-date share prices fall to levels not seen since the 2008 financial crisis, down more than 50% on the year.

    As Money Morning Global Investing Strategist Martin Hutchinson pointed out, no sector right now is more unloved than the gold sector.

    To continue reading, please click here…

  • Where Silver Prices Are Trading Today – and What's Next

    Silver prices today continue to wander aimlessly around the $20-an-ounce level as the white metal is buffeted by many of the same factors restraining the gold price. This drifting comes after a dramatic drop of 35% in the first half 2013.

    As with gold, much of the drop is due to fears that the U.S. Federal Reserve will begin "tapering" purchases of bonds from its current $85 billion-a-month level. If this comes to pass, the financial markets currently believe this will reduce excess liquidity and therefore any possible inflationary fires.

    Here's what investors watching today's silver price have to understand…

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  • What's Driving Gold Prices Today

    Gold prices today are still below $1,300 an ounce as traders in the United States and Europe continue to sell the precious metal.

    Western investors were the main driving force behind redemptions of nearly $19 billion in gold-backed ETFs in the second quarter of 2013.

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  • Experts Predict 30-Day Window for Gold

    We've been studying the resource markets – and gold in particular – for over 30 years. And have seen almost every cycle the yellow metal has gone through.

    One thing is certain in our opinion: International investors, central banks and corporations are all looking to buy gold… And these slow summer months are likely providing the best price.

    Asian investors, especially in China and India, are buying coins and bullion like mad. Sales are up 22% annually in China and 52% in India.

    To continue reading, please click here…

  • Is Now a Good Time to Buy Silver? Rick Rule Weighs In

    With silver prices down some 30% year-to-date, is now a good time to buy silver?

    We at Money Morning love the buying opportunity being presented in the silver market. With a near zero interest policy in the U.S. likely to stay in place for at least a few more years, and global monetary printing presses continuing to run at full speed, precious metals like silver are once again a lucrative, and now much cheaper, asset.

    Rick Rule agrees.

    Money Morning recently spoke to Rick Rule, president of Sprott Asset Management and founder of Global Resource Investment Ltd., about silver's decline in 2013 and what investors should do now.

    Here's what he said about if now is a good time to buy silver…

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  • Investing in Silver a Winning Move as India's 'War' on Gold Continues

    There's a major government move right now that's giving a huge boost to anyone investing in silver

    You see, when things go awry, governments have a tendency to pin the blame away from the government and on a convenient scapegoat.

    Take India, for example. It faces a record current account deficit and its currency, the rupee, continues tumbling to record lows against the U.S. dollar.

    But it's not government policies that are the culprit here, says the Indian government and central bank. They say the blame lies squarely on Indians' centuries-long love affair with gold.

    Gold imports into India hit a record 162 tons in May.

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