Being the type of person who looks at the glass half-full as opposed to half-empty, I see yesterday’s sell-off in most investment categories as presenting investors with huge opportunities for profit
In the depth of a bear market in gold prices, back in 2001, a bull market in gold was born. Gold bullion traded for about $300.00 an ounce in late 2011, early 2002, and yours truly became a staunch advocate of gold at that time.
The President of Venezuela had already nationalized the banks and the oil industry. Now he’s going after the gold.
The other night, watching the State of the Union address, I couldn’t help but be confounded by what I saw on the TV—a bunch of men and women, dressed like they are going to a wedding, hugging each other, smiling, laughing—and then it hits me. What are these people celebrating?
The way I look at the market and the way the majority of other analysts and economists look at the market are two different things.
While all eyes this morning will be on the U.S. employment numbers, investors are looking at the wrong job numbers.
After a rocky start to 2011, it looks like I might finally get my opportunity to buy more gold investments…and it could happen today.
Pardonthe rudeness, but I’m salivating at the mouth this morning. After a rocky start to 2011, it looks like I might finally get my opportunity to buy more gold investments…and it could happen today. On January 4, 2011, gold bullion fell $44.10 U.S. per ounce. The next day, January 5, 2011, it fell another $5.10 … Continue reading “Gold Investing: The Time to Jump Back in Is Very Near”
As a gold bug (I officially turned bullish on gold bullion in 2002), I see every weakness in the price of gold as an opportunity to buy more gold-related investments…..