Today is a big day for the markets… Wall Street is holding its breath to see if the US Central Bank (or the “Fed”) is going to raise interest rates at 2pm Eastern time today. Actually, not really. No one is holding their breath! You see, the markets and “the…
Unlike paper currency, Gold is real money. Gold is also referred to as “chaos insurance”. You see, when investors feel nervous and uncertain, they usually shift their money out of risky assets and into the safety of gold. Right now gold is just under $1300. But there is one word…
Which precious metal is considered to be worth MORE than gold, but is currently CHEAPER than gold? In fact, this commodity is considered to be the “Mercedes Benz” of precious metals, due to its quality. And right now, this metal is trading at a $275 discount to gold… Plus, we…
A few days ago I explained how our brains can make wrong decisions. I said that high emotions and fast thought patterns can be destructive to good decision making… specially in trading. A good trader needs tools to assess the risks better. Specially if those tools can also calm down…
Gold has had an incredible start this year… It is already up nearly 10% this month, and that is despite a very strong US Dollar! One of the reasons behind gold’s recent surge is because of what is happening over in Europe and Russia… Investors are naturally nervous about the…
What happens to gold in the 12 months before interest rates go up will probably surprise you… There is a very high chance that the Federal Reserve will raise interest rates in 2015 (based on what they said in June). Logic would tell you to sell gold when rates go…
Gold’s jump higher last week was phenomenal… Last Thursday Gold managed to rally by 42 points in a single day. It is already up this month by 6%. But while this may sound like a lot, it is nothing compared to my favourite gold stock which is outperforming gold right…
Last week I said that I expected gold to break higher. One of the main reasons for my view was that many investors had turned against gold. According to reports, even some of the big gold money managers had “given up on gold”. We all know what happens when everybody…
As we enter a new year in 2014, I feel its important that I come clean with you about my bad calls in 2013. Most of the “experts” who make market predictions prefer not to look back and examine their calls. After all, the best way to forget a wrong…
You know what one of the biggest regrets I hear people talk about? It is missing out on huge investment opportunities of a lifetime. Most people tell me how they wished they had bought tech stocks like Apple dirt-cheap at $8 just after the “dot com” crash. Or that they…