Archives for February 2017

February 2017 - Page 7 of 23 - Money Morning - Only the News You Can Profit From

World Stock Markets Trade Mixed; FOMC Minutes On Deck

(Kitco News) – World stock markets were mixed Wednesday. U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins, after those indexes hit record highs again Tuesday.

The U.S. stock indexes are on a record-setting run that has the bulls very comfortable at present. However, the indexes are now way overbought, technically, and due for sizable downside corrections at any moment.

Gold prices are trading near steady in early U.S. trading. Bullish technicals are being offset by the strong U.S. dollar index this week.

The Easiest Way to Ride the Dow to 30,000

On Feb. 18, a MarketWatch reporter made the case that earnings growth alone during Trump's first term had every chance to propel the Dow Jones Industrial Average to 30,000 and beyond – should the president's promised tax and regulatory reforms make it through.

The analysis created quite a stir on the cable news circuit. Stuart Varney, host of FOX Business' "Varney & Co.," asked our Capital Wave Strategist Shah Gilani to explain what he thought of the controversial MarketWatch call.

Of course, Shah being Shah, he did a lot better than that. He made his own surprising case for the Dow topping 30,000.

Even better, he told investors who might (understandably) be nervous about getting in at these highs the very best way to confidently and safely jump right in and ride the long, profitable leg up ahead of us…

Get Shah's Pick Here

Gold Price Predictions for 2017 Show Gains as High as 18%

The gold price predictions of a group of top precious metals analysts foresee significant gains in 2017.

These gold price predictions called for gains of as much as 18% in 2017. They cited an increasing need for safe-haven investments, global uncertainty, and the influence of populism in both the United States and Europe.

But the analysts overlooked - or got backward - several catalysts that will propel gold prices vastly higher than their 2017 estimates...