By Jeff Clark, Casey Research The following conversation took place between a friend’s son and me; he’s a bright but relatively young investor. He had purchased some gold based on some things I’d told his father. Shortly afterward, the price dropped hard. As you’ll see, he was not very happy with my advice and said […]
A Golden Mistake Worth Repeating Read More »
By Jeff Clark, Casey Research Let’s just admit it: we’re invested in gold stocks not just to make money, but for the chance to change our lifestyles. And with their lackadaisical year-to-date performance, one may begin to wonder if they’re still going to bring the magic. While the answer will depend as much on the
How Long Might It Take to Get Rich from Gold Stocks? Read More »
This essay from the July 2006 International Speculator captures the essence of Bud Conrad’s forward-looking, contrarian analysis… almost eerily so as we appear to be on the brink of the economic precipice described herein. By Bud Conrad, Casey Research Poor Ben Bernanke. The greatest financial train wreck in history is going to happen on his
Typically gold stocks out perform the metal itself because of the inherent leverage in a mining stock. If the company breaks even at $400 gold and gold is currently at $500 the company makes $100 for every ounce it mines. But if gold increases by 20% and goes to $600… profits for the mine increase
Why Aren’t Gold Stocks Out Performing the Metal? Read More »
By Jeff Clark, Casey Research Is the mania here? When most investors hear the word “mania” they think of a runaway market induced by greed. You know, that animal-like instinct we all occasionally feel, the one promising riches from a market on a rip-roaring tear. Gold is up 28% since July 1, a mostly one-way
Fear Mania Comes to Gold Read More »
By Louis James, Casey International Speculator Whenever gold and silver hit a correction, those are the times that try men’s souls. But they are also a classic case of making volatility our friend. And there should be terrific bargains ahead on great stocks, if the market corrects from recent highs. It enables you to go
The Zen of Resource Speculation Read More »
By Jeff Clark, Editor BIG GOLD, Casey Research I was recently asked in an interview if I thought gold was going to $5,000 an ounce. “No,” I said bluntly. “I think it’s going higher.” “You’re that optimistic?” “No,” I replied. “I’m that pessimistic.” Imagine the condition of our world if gold reached $5,000 an ounce
When Buying Gold Becomes a Life-or-Death Question Read More »
It’s important to continue to check our economic compass and keep a constant eye on the direction our economy and the world in general are headed. This will help to determine any adjustments necessary in our portfolios and/or our entire financial outlook. In today’s article David Galland looks at the direction of the economy and whether anything
Economy Trends Toward Greater Depression Read More »
by Andrey Dashkov, Casey Research On June 13, the CEO of Newmont Mining (NYSE:NEM), the world’s second largest world gold producer, expressed his expectations of gold hitting US$1,600 this year, and higher next year. UBS Investment Research goes out on a limb with near-term projections: its one-month gold forecast dropped from $1,500 to $1,475, but
Gold Price Projections Up on Rising Demand Read More »
As anyone who has read my articles for any length of time knows, I am a big fan of ratios. I find them very useful for tracking the comparative value of things especially when presented in chart form. Over the years I have tracked the Gold vs Oil ratio, Gasoline vs. Oil, and many more.
Gold vs. Silver Ratio Read More »
