News

It’s clear that the cheap money is going to keep flowing under new Federal Reserve chair Janet Yellen, and that in turn has brought life into precious metals and mining stocks.

Economic data releases out of China and Federal Reserve chief Janet Yellen’s first congressional appearance since being sworn in Feb. 3 could influence gold prices next week.

After three years of pain, can gold stocks break their losing streak and see a gain in 2014? History says chances are good.

At the invitation of gold’s local friends, your secretary/treasurer is visiting Suriname, the former Dutch Guyana, a gold-mining country in South America, to explain and document the gold price suppression scheme of Western central banks and to urge the country to mobilize against it.

I have an explanation for why gold has been down — and why that is about to reverse itself. I’m convinced that now is the best time to invest in gold again.

Somewhere along the road from the 2000 bottom in gold stocks to the 2008 flame out of inflationary hysteria, the gold stock sector went from counter cyclical first mover to ‘inflation trade’ also ran.

While some may see the precious metal as a safe asset and protection against inflation, others may view it as a highly volatile bet. The price of gold in recent years may prove both points of view right.

It’s not exactly news that gold mining stocks have been in a slump for more than two years. Many investors who owned them have thrown in the towel by now, or are holding simply because a paper loss isn’t a realized loss until you sell.