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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 Prices

  • Industry Insiders Discuss Where Gold Prices Are Headed and How to Profit Gold bars small Gold mining's most prestigious event, the Denver Gold Forum, is one of the most accurate barometers of where gold prices are headed. This year's forum just ended, and you may be surprised at what this group thinks gold is going to do next...
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  • The QE Helps, But Expect Higher Gold Prices Regardless Gold bar isolated with clipping path

    The U.S. Federal Reserve pixie dust resulted in higher gold prices this week, much as it lifted silver prices and stocks.

    Gold buyers reacted enthusiastically to the Fed's announcement on Wednesday that it would not reduce its $85 billion a month bond purchases, known as quantitative easing, or QE for short.

    Gold prices leaped the most in 15 months, after the Fed's "no taper" move, to about $1,365 an ounce.

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  • Why Gold Is Going Down Today

    Precious metals investors once again are left to wonder why gold is going down today as the metal hits its fourth consecutive day of declines.

    In trading Thursday, gold for December delivery finished the session down $33.20, off 2.4%, to $1,333.60 per ounce. Gold prices on Thursday fell more than $30 in a matter of seconds.

    The carnage continued today (Friday). Gold slipped to a five-week low on Friday, off roughly $72 an ounce over the week, marking the yellow metal's worst week since June.

    The reasons why gold is going down today are partly related to some trading drama that occurred with gold yesterday...

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  • How Gold, Oil, and Syria Really Mix… Plus "3 Strikes Against Apple" The markets are very complicated at the moment, which is why now's an ideal time to reach into the Money Morning Mailbag and address your concerns.

    The goal here is simple: To provide understandable, actionable, and, of course, profitable answers to your thoughtful and extremely insightful questions.

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  • Higher Gold Prices in 2014

    Gold prices today continue to bounce up and down based on speculative headlines.

    A possible U.S. attack on Syria, a possible quantitative easing (QE) taper by the U.S. Federal Reserve - these possibilities have meant daily volatility in the price of gold.

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  • The "Smart Money" Is Buying Hard-Hit Gold Stocks Now Thoughtful Investor Thanks to the crisis in Syria, gold prices have had a nice run lately. But now, with Wall Street in the middle of another "hate gold" campaign, is it time to buy or sell the yellow metal? This is what some of the world's top investors are doing...
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  • Jim Rogers on Why Oil and Gold Are Headed "Much Higher" Ammo AK47 q

    Legendary commodity investor Jim Rogers sees some serious problems stemming from the situation in Syria and the end of the Fed's generous flow of money.

    In an interview with Reuters on Tuesday, Rogers said "oil and gold will go much, much higher" due to a "market panic."

    "I own oil, I own gold, I own things like that and if there is going to be a war, and it sounds like America is desperate to have a war, they're going to go much, much higher," Rogers said. "Stocks are going to go down, some of the markets that I'm sure are already going down, commodities are going to go up. I'm not particularly keen on war, I assure you, but it sounds like they want it."

    Rogers continued, "No matter how well the plans are made, strange things happen in war and who knows what unintended consequence will come."

    Equities have been hit hard over worries of a war with Syria. The rout started late Monday following comments from U.S. Secretary of State John Kerry that the United States has a moral obligation to act on Syria's chemical weapon attacks. Selling picked up steam Tuesday with the Dow plunging 170 points.

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  • Why Gold Prices Are Up Today Investing in Gold 2014 Gold is down about 17% in 2013, but here's why gold prices are up today - and will continue their rise...

    On Monday, as gold inched toward $1,400 an ounce, bulls claimed the yellow metal was entering a third-quarter bull market - and Tuesday's gold-price gains helped it get there.

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  • 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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  • Today's "Gold Convergence" Is Your Best Buy Signal Yet We've been recommending gold shares for months now, ever since prices collapsed in April. But timing's getting critical, because now the market is telling you gold is set to surge...

    The first piece of evidence hit my radar on August 1st, moments after Barrick Gold released its $8.7 billion "news." (More on that in a minute.)

    The Commitment of Traders report - perhaps the best leading indicator for gold prices - delivered the second piece of evidence: a staggering 70% spike in "red flag" futures trading. And the third and fourth pieces of evidence just arrived.

    But before we look at each of these events in detail, here's what you need to know:

    Any one of these indicators is bullish on its own. So when all four signals flash at once, please don't wait.

    A "Gold Convergence" like this hasn't happened in 12 years...
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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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  • What's Driving Gold Prices Today

    Gold prices today are still below $1,300 an ounce as traders in the United States and Europe continue to sell the precious metal.

    Western investors were the main driving force behind redemptions of nearly $19 billion in gold-backed ETFs in the second quarter of 2013.

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  • Experts Predict 30-Day Window for Gold We've been studying the resource markets - and gold in particular - for over 30 years. And have seen almost every cycle the yellow metal has gone through.

    One thing is certain in our opinion: International investors, central banks and corporations are all looking to buy gold... And these slow summer months are likely providing the best price.

    Asian investors, especially in China and India, are buying coins and bullion like mad. Sales are up 22% annually in China and 52% in India.

    Gold analyst Jim Willie put it best when he said: "The migration of gold from West to East is the grand story of the decade." They know, as our dear friend Richard Russell recently reminded us, that gold and international power still go hand in hand.

    Beyond the obvious demand, history is also on gold's side. Gold's movements are in line with historic trends, never mind what the no-nothing, hand-wringing Cassandras are saying.

    In fact, we believe this is a unique moment in history to get gold on the cheap, and take advantage of before the end of summer.

    Of course, the ongoing "tapering talk" from the Fed pushed gold down sharply. That's because if the Fed stops stimulating the economy, an inflationary outcome is unlikely, especially if it's combined with higher interest rates that boost the value of the dollar. That's bad for gold.

    What's more, there may be darker forces at work as well. There's a distinct possibility the gold market was manipulated [Editor's Note: here's who did it].

    Yet the bottom line is that nothing material changed to justify a $700 drop in gold prices from over $1,903 in 2011 to almost $1,200 earlier this month.

    In fact, this 36% fall is clearly...

    Read on to see the forecast for gold prices...
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