Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

Apple and Google Declare War – Here's the Secret Winner

Resident tech guru Michael Robinson and I are both big science-fiction fans. Michael likes traditional sci-fi stories, like those of Robert Heinlein and Isaac Asimov. My sci-fi interests are more focused on “Golden Age” radio dramas, “pre-code” comics, and old movies and TV shows… like The Twilight Zone and The Outer Limits.

And when Associate Editor Cris Skokna joined our team a few months back, Michael and I were so pleased to discover that he was a sci-fi guy as well that I jokingly dubbed the three of us as “The Trilogy.”

And the other day, Cris told me a story that I absolutely had to share with you…

  • Gold's Shocking New "Pick and Shovel" Play Ever since humans realized the intrinsic value of gold, we've constantly searched for - and perfected - ways to find more. From early methods like panning and trenching, to lode prospectors hunting for rock outcrops and veins, to the invention of drill bits... In modern times, we use increasingly sophisticated tools and techniques, such as seismic sensors, magnetometry, and gravimetrics to help locate potential gold deposits. But, after thousands of years of digging for gold, the low-hanging fruit's already been picked. Most remaining deposits are becoming increasingly difficult to find, and increasingly low grade. Now, a surprising, brand-new gold prospecting tool may be in the offing - one that's far less technologically demanding, and much less invasive. It seems nature itself has found a way to extract gold from the ground. Take a look at this picture...
  • Higher Gold Prices and Coin Sales Point to Growing Gold Rush Newspaper Gold soared 3.5% last week after Congress finally reached a deal to raise the debt ceiling -- assuring that the U.S. debt will continue to balloon. But the respite to Washington's budget woes is only temporary, and that has the gold bugs licking their chops. Here's why the next round of budget battles will be good for gold...
  • Why Gold Prices Fell Yesterday Gold bar isolated with clipping path

    Gold prices seem to have stabilized today, trading once again above the $1,300 an ounce mark.

    This follows a tumble yesterday of more than $40 an ounce to as low as $1,284 an ounce. That price was nearly a two-month low and put the precious metal down 23% in 2013.

    At that level, gold was trading more than $50 below its 50-day moving average. To technical analysts, this confirmed the downtrend in the precious metal, bringing about a wave of selling by those who strictly follow the charts.

    However, there were factors at play in gold's selloff other than technical selling.

    To continue reading click here...
  • How Gold, Oil, and Syria Really Mix… Plus "3 Strikes Against Apple" The markets are very complicated at the moment, which is why now's an ideal time to reach into the Money Morning Mailbag and address your concerns.
    The goal here is simple: To provide understandable, actionable, and, of course, profitable answers to your thoughtful and extremely insightful questions.
    Read More... Read More...
  • The "Smart Money" Is Buying Hard-Hit Gold Stocks Now Thoughtful Investor Thanks to the crisis in Syria, gold prices have had a nice run lately. But now, with Wall Street in the middle of another "hate gold" campaign, is it time to buy or sell the yellow metal? This is what some of the world's top investors are doing... Read more... Read More...
  • 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...

    Read More...
  • Gold Bugs Will Love What This Chart Says About Gold Prices Gold bar isolated with clipping path We've been recommending gold shares for months, ever since prices collapsed in April. But if last week’s “gold convergence” wasn’t enough to convince you, yet another catalyst is pushing prices higher. Read more...

    Read More...
  • Short-Term Gold Price Outlook is Bullish Bar chart from gold ingots

    Gold continues its short-term rally as assurances from Federal Reserve Chairman Ben Bernanke that QE3 remains alive kept the precious metal on track for its first weekly advance in a month.

    After Bernanke's pronouncements, gold prices jumped by 2.6% to $1,299 per ounce, marking a fourth winning day in a row - gold's longest winning streak since mid-March.

    In turn, the U.S. dollar dropped sharply because Bernanke indicated the Fed isn't in any hurry to raise interest rates.

    You see, gold prices and the dollar are connected: a weaker dollar helps dollar-denominated commodities because it makes them less expensive to buy for holders of other types of currencies. Demand also increases for gold as a hedge against a drop in the dollar's value.

    To continue reading, please click here...

    Read More...
  • Will Gold Prices Rise in 2013? growth of the capital 2

    Will gold prices rise in 2013, or will the bear market continue in the second half of the year?

    The bears have certainly been loud this year, as short-term bets against gold paid off in the first half of 2013. Gold lost 27% in Q1, the worst first-half performance since 1981.

    To continue reading, please click here...

    Read More...
  • Stay the Course with Gold as Mixed Signals Move Markets Gold has become extremely oversold as it falls below $1,200 an ounce. But based on simple math, it’s due for a reversal… Read more... Read More...
  • Has the Great Gold Crash Divorced Bullion from Futures Prices? The Great Gold Crash in April has likely set in motion one of the biggest shifts in precious metals markets in a lifetime.
    While some big players likely stepped in to crush the markets for personal gain, they may have accidentally also made a move that will divorce gold and silver bullion pricing from gold and silver futures.
    Forget about gold miners vs gold stocks, we're talking a whole other level of magnitude if this trend takes hold.
    Here's a look at the circumstances, the players and what to expect next... Read More...
  • This Gold Prices Chart Answers a Classic Question This gold prices chart compares the yellow metal to two other measures to find out if indeed gold is in a bubble. You must see the answer… Read more... Read More...
  • Jim Rogers on Investing in Gold 2013 Gold bar isolated with clipping path

    Money Morning Executive Editor William Patalon III recently had a chance to catch up with famed investor Jim Rogers on investing in gold, U.S. stocks, and the best commodities for 2013.

    Renowned commodities investor Rogers is concerned about the worldwide economy, but he's not worried about the recent sell off in gold.

    In fact, he stands poised to pounce on the yellow metal should it fall further.

    To continue reading, please click here...

    Read More...
  • Why Gold Prices Are Up This Week gold

    It's been a good few days for investors holding on to gold, and we've been getting lots of questions as to why gold prices are up this week.

    Gold futures had their biggest one-day gain of the year Thursday, up nearly $40 an ounce, and ended the week up 4.2% at $1,453.60.

    At one point this week, gold had retraced half the loss it incurred during its April nosedive. In a two-day period, the yellow metal fell $225 an ounce, hitting a two-year low on April 15.

    It is natural for any financial asset to enjoy some sort of a rebound after such a steep plunge. But there are some sound fundamental reasons as to why gold is up.

    To continue reading, please click here...

    Read More...
  • Jim Rogers on Gold Prices 2013

    With the yellow metal down about 14% this year, wouldn't it be great to get the scoop from famed investor Jim Rogers on gold prices in 2013- specifically, why they're down, and if investors should still bet on a long-term gold bull market?

    We had a chance to ask Rogers those very questions last weekend.

    Sunday evening, Money Morning Executive Editor William Patalon III spoke on the phone with Rogers - who was at his home in Singapore - in a wide-ranging discussion about gold, U.S. stocks, commodities and global central banks' "race to the bottom" - or, as Rogers calls it, "race to insanity."

    In this exclusive interview, the legendary investment guru took us on a tour of the gold market, taking a close look at what's driven the past 12 years of gold price gains - and what will move the yellow metal going forward.

    He also pointed out the one fundamental reason why gold prices fell recently...

    To continue reading, please click here...

    Read More...