Tag: gold investing
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![Silver below $20 and Gold below $1800?]()
Silver below $20 and Gold below $1800?
On September 19th 2023, I published an article titled “The moment of truth for silver!“. I really meant it. The price of silver was contained between two major trendlines and technical traders were waiting for the break. What got me worried was the fact that everyone’s favorite white precious metal had retraced hard after briefly…
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![Fed hawkish pause, regional banks tanks, and gold nears record highs!]()
Fed hawkish pause, regional banks tanks, and gold nears record highs!
Well what developments in the past 24 hours. Investors and traders were anticipating the Federal Reserve meeting. A 25 basis point hike was expected along with some statement hinting at no more interest rate hikes. Well, the market got the 25 basis point hike (the Fed’s 10th rate hike in a row), and some sort…
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![Silver demand hits record highs in all categories]()
Silver demand hits record highs in all categories
With headlines of inflation, market uncertainty, bank troubles, impending recession headlines, and geopolitical risks increasing, one can understand why money is running into hard assets. I have always maintained that gold (and silver because it follows the price action of gold!) will go up when there is a sense of a confidence crisis. When people…
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![Falcon Gold’s (FG.V) Canadian portfolio now covers Ontario, BC and red hot Newfoundland]()
Falcon Gold’s (FG.V) Canadian portfolio now covers Ontario, BC and red hot Newfoundland
Gold is currently trading around USD $1,750/ounce – down $70 in the last month and down $170 in the last 12 months. The current macro argument for high gold prices hinges on the accelerating degradation of fiat currency (paper), through money printing. The same argument was in vogue in ten years ago. Many pundits predicted…
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![Falcon Gold’s (FG.V) Canadian portfolio now covers Ontario, BC and red hot Newfoundland]()
Falcon Gold’s (FG.V) Canadian portfolio now covers Ontario, BC and red hot Newfoundland
Gold is currently trading around USD $1,750/ounce – down $70 in the last month and down $170 in the last 12 months. The current macro argument for high gold prices hinges on the accelerating degradation of fiat currency (paper), through money printing. The same argument was in vogue in ten years ago. Many pundits predicted…
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Yahoo Finance-Harris poll confirms that armies of newbie investors are recklessly buying options
According to the latest Yahoo-Harris poll published on Sept. 9, 2020 – an astonishing 43% of retail investors said they are “using options, margin, or both.”
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![GDXJ.NYSE: are Robinhood investors making gold stocks frothy?]()
GDXJ.NYSE: are Robinhood investors making gold stocks frothy?
“Of Robinhood’s most popular stocks, around a third are in the “momentum trading” category,” states Yahoo Finance. “One of the narratives in the current day-trading boom is that investors have completely internalized the buy-the-dip mentality, following Warren Buffett’s legendary quote to be “greedy when others are fearful.”
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2 million new investors are buying stocks on their cellphones
Stuck at home, but armed with online trading apps, individual investors helped drive the historic comeback for stocks
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![How to Invest in Social Distancing: Zoom Video (ZM.Q) Grubhub (GRUB.NYSE), Blue Apron (APRN.NYSE)]()
How to Invest in Social Distancing: Zoom Video (ZM.Q) Grubhub (GRUB.NYSE), Blue Apron (APRN.NYSE)
“I’m practicing as much social distancing as I possibly can” stated Dr. Anthony Fauci, White House Director of Disease, “I’m working on getting the boss [Trump] to do this. I may not be successful, but we’re working on it.”
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NMC Health (NMHLY.OTC) gets sued – stock surges 90% anyway
Last week, NMC admitted that it identified an additional $2.7 billion in debt, rounding the total debt to around $5 billion. NMC staff were not paid last month.
