With the incoming administration's big spending and stimulus plans, inflation is back on the table. And gold has been a safe haven for many investors and a hedge against rising inflation.
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GLD Stock News
Why the Gold Price per Ounce Is Falling Today - Plus Our Newest Prediction
The gold price per ounce is falling sharply today as global stock markets build on this week's rally that sent the Dow and S&P 500 to record highs.
Despite the recent weakness in gold prices, the yellow metal is poised for more gains.
Here's how high we expect gold prices to climb...
Investing in Bitcoin Has Delivered an Annual Return of 82%
For the past few years, investing in Bitcoin has been a scary prospect thanks to its infamous volatility.
But if you apply the compound annual growth rate (CAGR) tool to even out that volatility, Bitcoin's appeal becomes apparent. Using CAGR, Bitcoin's annual return over the past three years is a stunning 82%. And it's not over.
These annual Bitcoin price gains will outstrip any other investment...
Gold Prices Are Down This Week, but We're Still Bullish in 2016
Gold prices have trended lower this week as precious metal investors take a guarded stance ahead of this week's FOMC meeting. But despite this week's dip in gold prices, we're still bullish on the price of gold in 2016.
First, here's why gold prices are down this week...
Why the Price of Gold Is Climbing Today and Where It's Heading in 2016
The price of gold climbed today (Thursday) as a sharp sell-off in China's stock market sent investors to the safe-haven asset.
Just after noon today, spot gold prices were trading up $10.90, or 0.89%, at $1,240.40 an ounce.
This Overlooked Gold Play Could Bring Us 115%
I love gold right now, not despite, but because of everything that's happened to it this month…
Now, it's true that the "race to $1,000" triggered by the July 20 Asian bear raid appears to have the yellow metal on the ropes.
Television's talking heads (plenty of whom are actually short gold) say that it's "too early to call a bottom," or that gold "has the potential to sink to $700."
Now, I don't expect another 35% dip in gold, but even if they're right, those television pundits are still missing out on one of the year's most lucrative gold opportunities taking shape now.
They're just not seeing what I'm seeing in these charts.
How to Know When Gold's Bearish Slide Is Over
Gold's hard-and-fast tumble below $1,100 an ounce last week means some investors may be tuning out the yellow metal, or suffering from gold "burnout."
But ignoring it is a huge mistake. It has been and always will be one of the best stores of value, and it's a crucial hedge against economic upheaval. It's a must-have holding.
Last Monday's "bear raid" in Shanghai brought gold down to 13-year lows before settling at five-and-a-half year lows, and it's absolutely vital that we know when this downward pressure will stop so that we don't "call a bottom" too quickly.
Why Buy the GLD ETF in 2015
The SPDR Gold Trust (NYSE Arca: GLD) ETF is the world's largest gold-backed exchange-traded fund. The GLD ETF is a good way for investors to collect some extra gold profits without the hassle of physical gold buying.
And with gold prices forecast to rise over the long term, the GLD ETF will rise as well.
Here's a look at the benefits of buying the GLD ETF...