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Gold

Why the Gold Price Today Is Up After Swiss Vote

The gold price today (Monday) rose as much as $50 per ounce after Switzerland voted Sunday to reject a referendum that would force the Swiss National Bank to hold some 20% (about $540 billion) of its reserves in gold.

Now with a firm "nay" vote in place, gold prices were pressured initially – but only momentarily…

Here's why gold is up - and will keep going...

Tech Investing

The Only Tech Investing Indicators That Matter Today

Markets were up and then down last Monday amid a slew of contradictory economic data – and ended the day mostly flat. It's enough to drive tech investors crazy.

But I'm not worried about the economy. Or the tech sector for that matter. That's because all three of my tech investing indicators – you could call them the "real news" – are moving in positive directions.

These three indicators are a surefire way to instigate profits - just take a look.

Energy Investing

This Country's Huge "Pricing Error" Will Send These Shares Soaring

"They couldn't possibly be that stupid"…

That's what my friend John, a London-based trader, said when I called him to verify that he saw what I was seeing on my own trading screens here in the wilds of Oregon.

It was Tuesday morning, November 4, and nearly everything in the energy complex was red.

November West Texas crude oil had dropped to $87.31/barrel, while Brent crude oil set a new two-year low at $91.53. Prices have since dropped to four-year lows of around $75 and $78, respectively.

They could fall even further – all because Saudis started another oil price war.

OPEC's largest oil producer had just announced that they were cutting oil prices for customers in the United States. The idea is to squeeze margins on U.S. shale production to where it's not profitable to produce.

Naturally, the Saudis fiercely deny the notion of a price war. But you don't have to be a genius to read between the lines.

The Saudis are very frustrated that they are losing control over pricing power they've held for decades. It's annoying them to no end. So, they're fighting back the only way they know how in an attempt to shift the balance back in their favor – by starting a price war with the United States. Unbelievably, they think they can win!

My take is that the Saudis have just made the biggest strategic "pricing error" in the kingdom's history. And, in doing so, they've actually cleared the way for America's shale energy boom and opened up a killer opportunity for this month's recommendation, in particular...

Wall Street

Science Proves What We Said About the Banksters

"Business culture in the banking industry is favoring, or at least tolerating, fraudulent or unethical behaviors."

That's what Ernst Fehr told reporters in a telephone interview last week.

Fehr is an economist at the University of Zürich in Switzerland who co-led a study about business behavior.

Fehr's study proves what we've all long known – but it wasn't the only piece of news last week that demonstrates the crookedness of bankers.

Today I'll show you how Wall Street's manipulations are affecting the prices we pay for everything from the cars we drive to our pots and pans.

So you know you want to know more about this...

Stocks to buy

"Unloved" Pick of the Week: Goldcorp Inc. (NYSE: GG) Stock

Money Morning's "unloved" pick of the week is precious metal miner Goldcorp Inc. (NYSE: GG).

Money Morning Resource Specialist Peter Krauth recommended Goldcorp back in April when GG stock was trading at about $24.50. Goldcorp was trading this week at around $21, which means it's become an even better bargain.

Lower gold prices and poor earnings have taken their toll on Goldcorp stock.

Apple

Don't Forget – AAPL Is a Top Retailer, Too

For all the attention that Apple Inc. (Nasdaq: AAPL) gets, many forget that one of its core strengths is its retailing operation.

"They take retail operations very seriously," Money Morning Defense & Tech Specialist Michael Robinson said in a Wednesday appearance on the FOX Business "Varney & Co." program. "It's a big part of their operations, their sales success."

To find out how Robinson thinks investors should play AAPL stock now, watch the video below.

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