gold

How Many Investors Own Gold Stocks?

April 25, 2020 Collin Kettell Palisades Goldcorp Ltd. collin@palisades.ca     Bull markets reach their peaks when there are no suckers left on the sidelines. A 1996 FORTUNE Magazine article titled When the Shoeshine Boys Talk Stocks It was a Great Sell Signal in 1929 tells the story of Joe Kennedy, a famous investor of his day. Joe Kennedy wrote of his experience leading up to the Great Depression – “Taxi drivers told you what to buy. The shoeshine boy could give you a summary of the day’s financial news as he worked with rag and polish. An old beggar who regularly patrolled the street in front of my office now gave me tips and, I suppose, spent the money I and others gave him in the market. My cook had a brokerage account and followed the ticker closely. Her paper profits were quickly blown away in the gale of 1929.” Taking this example into modern day… When your uber driver starts talking up Bitcoin, or your grandparents extoll the benefits of cannabis equities, your gut reaction to jump ship may be one worth noting. As I have written about in my latest articles, gold and gold stocks are emerging from a prolonged bear market. Already, the narrative is beginning to catch airwaves, with Bank of America recently calling for $3,000 gold. But how many investors are paying attention? How many people actually hold gold stocks in their portfolio? The answer is shockingly low and that is despite industry bellwethers Barrick (NASDAQ:GOLD) and … Continue reading

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Fibonacci Price Amplitude Arcs Predict Big Gold Breakout

April 25, 2020 Chris Vermeulen TheTechnicalTraders.com       “Precious metals have become the focus of many researchers and traders recently.  Bank of America recently raised its target to $3000 for gold (source: https://www.bloomberg.com).  In December 2019, we published a research article suggesting precious metals were setting up a long-term pattern that should result in a big breakout to the upside for gold. Every trader must understand the consequences and market dynamics that may take place if Gold rallies above $2500 over the next few months.” Note from Dudley – These Guys Are Good: Chris and his team are providing investors with a great road map for the direction of the markets, which is why I am also a paid subscriber to TheTechnicalTraders services and encourage you to consider a subscription as well, The ideal service to supplement your other subscriptions as well as my CommonStockWarrants.com. Stock Warrants – If Not Now, When? GET STARTED NOW   FIBONACCI PRICE AMPLITUDE ARCS PREDICT BIG GOLD BREAKOUT   Investors don’t forget the great opportunities available with stock warrants which will increase your potential gains and greatly decrease your investment cost by at least half. E.B. Tucker with Casey Research recently referred to Dudley as ‘the top expert in the field with over 40 years of experience‘ with stock warrants. “I also encourage you to check out the work from our friend Dudley Baker. Dudley is the founder and editor of Common Stock Warrants. He’s been trading warrants for 40 years and has developed an … Continue reading

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Gold Will Reset Within Six Months – Interview By Lynette Zang

GOLD WILL RESET WITHIN SIX MONTHS – INTERVIEW BY LYNETTE ZANG April 24, 2020 by Egon von Greyerz This interview starts by Lynette reminding her audience of Egon’s view that financial and economic risk in the world was getting uncomfortably high already 20 years ago. He recommended as early as 2002 for people to hold 25 – 50% of investable assets in gold, when the price was $300. It’s $1725 now, and this is only the beginning. Some talking points in this interview: Gold refineries in the world that have closed down due to coronavirus are starting to work at a quarter capacity. This means that it is very difficult to get hold of  gold, even at the very low prices going around now. However,  Matterhorn Asset Management can still buy gold at a fair price. Gold futures market and whether it will continue as is, or fail How the futures market will influence the physical gold market What is going to happen with the silver market Egon’s long standing view is that the gold will go to $10.000 Why you shouldn’t look at gold through USD or EUR price, but only measure it in ounces and grams Why we shouldn’t compare the current situation with Japan Gold to US Money supply ratio Why we buy gold? Is it because we love it or is it something else? What’s going to happen with the 99% of the people investing in stock markets? Egon von Greyerz Founder and Managing Partner Matterhorn Asset … Continue reading

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GOLD WILL RESET WITHIN SIX MONTHS – INTERVIEW BY LYNETTE ZANG

Is gold market going to reset in 6 months? Is there enough physical gold to satisfy the outstanding paper commitments?

Egon recommended as early as 2002 for people to hold 25 – 50% of investable assets in gold, when the price was $300.

It’s $1725 no…

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