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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…

  • investing in gold 2013

  • 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.

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  • 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.
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  • How China Makes Investing in Gold a Winning Move Chess battle

    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.

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  • Investing in Gold Mining Companies: Don't Ignore This Number Gold miner Q Gold mining stocks have likely bottomed, with gold prices stabilizing and miners reversing losses. Here’s how to find the best picks…

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  • The Asian Giant Stampeding into Gold As interest rates rise federal debt will be rolled over at higher rates, increasing the federal debt burden, suggesting a tipping point for Treasuries. Will the Fed try to suppress yields with printing more easy money?

    Couple this with the outrageous demand for gold in the Asian giant and you have a "perfect storm" forming to drive gold's price higher.

    Frank Holmes explores gold's bullish prospects...
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  • Now is the Time to Buy Gold Gold bars small

    Gold climbed for the third session in a row, and is on track for its best weekly gains since April.  Gold futures for delivery in August rose 0.6% to $1,256 per ounce.

    So is now the time to buy gold?

    Many analysts say YES.  Here's why:

    Buyers should look to the long-term, and see declines as an opportunity to purchase.

    The best time to buy gold is when it hits a low, but is poised to bounce back up.

    Well, gold has lost more than 30% of its value over the last 9 months.

    And recently, other the performance of other markets are  bolstering precious metals - namely, the U.S. dollar index and price gains in crude oil futures.

    As the dollar weakens, gold grows stronger.  David Meger, director of metal trading at Vision Financial Markets, tells Bloomberg, "The weakness in the dollar is putting some bid under gold."

    Additionally, today (Wednesday) the U.S. central bank will release the minutes of its June meeting, and Chairman Ben Bernanke will speak on economic policy.

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  • 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...
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  • 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.

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  • 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.

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  • 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...
  • 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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