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Wednesday's "Earnings Beat" Makes This The Perfect "Bad-Market" Tech Stock

In last week’s Private Briefing report Our Experts Show You the Stocks to Pick in a ‘Stock-Picker’s Market’,” Money Map Press Chief Investment Strategist Keith Fitz-Gerald identified SanDisk Corp.(NasdaqGS: SNDK) as one of three stocks to buy in the face of the stock market sell-off.

And now we see why…

  • Gold

  • 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...

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  • Gold Buyers Get Physical As Coin and Jewelry Sales Surge We all have the same question: What's going on with gold? As Frank Holmes explains, investors are now moving out of paper gold and into the physical. Read more... Read More...
  • Central Banks to Keep Investing in Gold – as Should You The world's central bank gold buying has been a huge reason for investing in gold. Here's where they stand now, after the price plunge. Read more... Read More...
  • This Gold Slam is a Massive Wealth Transfer from Our Pockets to the Banks The gold bear raid is happening at the expense of you - and anyone else trying to protect their wealth from the printing presses. Chris Martenson explains. Read more... Read More...
  • Keith Fitz-Gerald: "I am Buying Gold and I Intend to Buy More if It Goes Down" Keith gold 2 Apple plunged below $400 per share, while gold prices remained well under $1,400 an ounce.

    What's going on in the markets?

    Stuart Varney of Fox Business' "Varney & Co." put that question to Money Morning Chief Investment Strategist Keith Fitz-Gerald Thursday.

    Of Apple, Keith said, "I wouldn't touch it," then ticked off a number of reasons.

    But Keith had a decidedly different take on gold, saying, "I am buying gold and I intend to buy more if it goes down, and I hope I'm smart enough to do it for a long time to come."

    Asked what else he's investing in, Keith said he's "cautiously buying" energy, defense technology and medical technology stocks.

    To hear more from Keith on these topics as well as his view of the massive money-printing in Japan, watch the video below.

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  • Why Gold Really Crashed and What You Can Do About It The news is great at telling us what's happening. But understanding what's happening is what makes the difference between an average and a truly great investor.

    Gold's crash on Monday is a perfect example.

    The media fell all over itself talking about how gold was falling and how far it was off its highs. Yet few tied the devastating slide to real economic events let alone made the connection to actual trading.

    But that's my bread and butter. And today I'm going to tell you what really happened and why.

    Better yet, I'm going to tell you exactly how to play it... Read More...
  • Investing in Gold: Here's What to Do Now Gold Price trends this year

    Monday's drop in gold prices was the largest one-day plunge since February 1983 - which led many of those investing in gold to bail on the yellow metal.

    Gold prices tumbled $140.40, or 9.4%, to $1360.60 an ounce. This brought the two-day decline to $203.70, or 13%.

    On Friday, we outlined recent factors driving gold's price plunge:

    • The Federal Open Market Committee (FOMC) meeting minutes that came out last week suggested the central bank may start scaling back its monetary stimulus measures later this year, reducing inflationary pressures.
    • Goldman Sachs Group Inc. (NYSE: GS) last week cut its 2013 average gold forecast, for the second time, to $1,545 from $1,610. Investors like to dump the metal after the release of bearish research.
    • There have been rumors financially strapped Cyprus was selling 400 million euros of gold, 75% of its reserves to raise cash.

    Gold prices ended the drastic two-day decline Tuesday, up nearly 2% to $1,387.40.

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  • Every Gold Coin Has Two Sides With inflation above the current interest rate, a negative real interest rate increases the attractiveness gold. Frank Holmes explains. Read More Read More...
  • Does Investing in Gold Top Your List of "Best Investments"? gold

    Even though the Dow Jones Industrial Average and Standard & Poor's 500 Index have hit record highs this year, investing in gold remains the top investment pick in CNBC's latest All-America Economic Survey.

    The March poll shows the yellow metal is the favored investment choice among 35% of respondents, beating real estate at 27% and stocks at 21%. This is the second year that investing in gold has topped the list of what those surveyed consider the "best investment" to make now.

    While survey participants are more optimistic this year than last about the stock market, 21% are uncertain if now is a good time to dabble in stocks, up from 11% in December 2009.

    Those who believe the current environment make it a good time to buy stocks jumped from 31% in November to 40%, the highest amount since December 2009.

    Moreover, in spite of the improved outlook for stocks, the overall view of the current state of the economy remains bleak. Currently, 60% of those surveyed are pessimistic about the U.S. economy, up from 56% in November.

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  • In Gold, Not Cyprus, We Trust The savings-seizing shenanigans in Cyprus just reinforced the importance of having gold and gold stocks in your portfolio. An indeed, with gold at extreme lows, now's a great time to buy more. Frank Holmes explains. Read More...
  • As Cyprus Struggles, Now Is the Time to Buy Gold I’ll bet a few Cypriot bank account holders are paying much closer attention to gold now.

    Since the announcement that Cyprus was looking to confiscate up to 10% of bank deposits, gold has risen by up to $24/ounce on safe haven demand. That’s no surprise. The yellow metal is not only real wealth, but the only asset that’s not simultaneously someone else’s liability.

    Now that trust in the banks has broken down again, we’ve been given another hard lesson on the dangers of fiat money.

    Here’s why this may be your last chance to buy gold so cheap... Read More...
  • Can Gold Miners Increase Profits Through Spin Offs?

    After more than a decade of merger mania, gold miners are now looking to spin off some of their acquisitions.

    By doing so, the gold miners hope for better results after abysmal performance recently, as gold prices have fallen. And, as always, gold miners' profits rise and fall much faster than the yellow metal's price.

    The underperformance of the Market Vectors Gold Miners ETF (NYSE: GDX) compared with that of the SPDR Gold Trust (NYSE: GLD) bears this out. GDX is down 20.5% since the end of last year, while GLD is down 4.8%.

    Investors are starting to get really impatient with the gold miners - so much so that billionaire hedge fund manager John Paulson is arguing some of the world's biggest gold mining companies, including AngloGold Ashanti Limited (NYSE: AU), spin off some of the mines that they have acquired through M&A over the past 10 years.

    Paulson, the largest shareholder of GLD and AU, thinks the sum of the parts is greater than the value of the whole mining company. Paulson certainly can't be pleased with AU's 23.5% decline so far in 2013.

    Other gold majors, including Gold Fields Limited (NYSE: GFI) and Barrick Gold Corp. (NYSE: ABX), have already spun off some of their mines or are in the process of doing so.

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  • These Gold Stocks Are Poised to Rebound in 2013 They almost HAVE to. Fact is, gold mining companies' stocks specifically have lagged the performance of the precious metal for six years. Here's why investors can expect a reversal in the next nine months. Read More...
  • The Looming Gold Production Cliff That Will Drive Prices Higher Country Canada maple leaf

    In recent years, global gold production has been at or near record levels. The plentiful supplies have led gold bears to argue that the yellow metal's decade-long bull run will end.

    But gold bears are dead wrong.

    In fact, the 'glory days' of gold production may be ending soon.

    That's because some industry experts are beginning to point to a gold "production cliff' that is looming not far in the future.

    And this coming decline in production can mean only one thing: higher gold prices.

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  • A Test of Strength for Gold It's still among the wisest investments you can make right now. As Frank Holmes explains, the gold price could rise more than 16% in the short term. You have to see this chart... Read More...