Gold prices shot up to a three week high today (Friday).
Gold has taken a beating in recent weeks and is now tumbling along at four-year lows of $1,160/ounce.
Frankly, I think that's fantastic news. Today I want to show you my gold investing strategy that's perfect for moments like this. You'll get the two tactics you need as a gold investor, a simple test to determine if you own enough gold, and a look at how to buy it.
Gold prices must go up, and for the most basic of reasons - supply and demand.
Yet that isn't something you hear much about in the financial media. When most pundits talk about what moves gold prices, they usually focus on things like international turmoil, the direction of the global economy, and the bad habits of central banks.
So most of them have completely missed this irresistible force that will push gold prices higher.
The time to invest in gold stocks is fast approaching.
Thanks to a major surge in the U.S. dollar over the last few months, combined with a general market sell-off and a triple bottom in gold, gold stocks have taken it on the chin.
Money Morning Resource Specialist Peter Krauth - a former portfolio adviser and a 20-year veteran of the resource market - explains why today's gold price is going down.
Last week I introduced the gold/silver ratio, which is a tool used to identify the relative values of these metals to each other. And I said I expect it to trend downward over time.
In fact, I expect this ratio to head much lower, which means big opportunities for silver.
The gold/silver ratio is more than a price comparison of two precious metals.
This calculation helps identify the relative values of these metals to each other. It tells you if gold and silver are cheap or expensive.
If you want to know why the gold price today slipped off Monday's four-week high, here's all you need to know...
If you want to know why the gold price today was up after some dismal performance, here's all you need to know...
Gold prices today (Friday) fell to fresh new lows below the $1,200-an-ounce threshold for the first time since mid-December.
In theory, we have free markets, where manipulation is illegal and punishable.
We've found that's not often the case in the financial markets.
Unfortunately, this web of "disruptive practices" and "market rigging" is not likely to change any time soon.
Despite a government "crackdown" on illegalities that occasionally makes the headlines.
The problem may be especially manifest in the futures market.
After being on track for a third-straight session gain, gold prices today (Wednesday) plummeted following afternoon announcements from the U.S. Federal Reserve.