Przemyslaw Radomski: According to a Bloomberg survey at a precious metals conference this week, gold is poised for a 21 percent gain in 2012, extending its bull market to 12 consecutive years. Bullion may rise to $1,897 an ounce in New York by Dec. 31 from $1,566.80 at the end of 2011. Read more…
NYSE:GDX, NYSE:GLD, NYSE:GLL, NYSE:IAU, NYSE:UGL
Kerri Shannon: Gold prices (NYSE:GLD) hit a two-month low Wednesday after the Federal Reserve indicated no new stimulus measures would be issued, and silver prices (NYSE:SLV) slumped to a seven-week low. Read more…
NYSE:AGQ, NYSE:GLD, NYSE:GLL, NYSE:SLV, NYSE:ZSL
ProShares, a premier provider of alternative exchange traded funds (ETFs), today announced the launch of ProShares Ultra DJ-UBS Natural Gas (NYSE:BOIL) and ProShares UltraShort DJ-UBS Natural Gas (NYSE:KOLD), the first ETFs in the United States providing magnified or inverse exposure Read more…
FUND LAUNCH, NYSE:BOIL, NYSE:KOLD
Michael Johnston: After months of steady appreciation, gold has been on a bit of a wild ride over the last week or so. The precious metal has climbed to new heights repeatedly in 2011, thriving off of rising anxiety surrounding global equity markets, flights to safety after unprecedented downgrades Read more…
NYSE:DGP, NYSE:DZZ, NYSE:GLD, NYSE:GLL
Kerri Shannon: Money Morning Contributing Editor Peter Krauth yesterday (Monday) warned readers that a debt-ceiling deal could spark a short-term drop in gold prices, creating a key chance to stock up on the yellow metal. Read more…
NYSE:DZZ, NYSE:GDX, NYSE:GLD, NYSE:IAU
After all the hype and hysteria, it looks like our politicians have finally worked out a deal… Not that they didn’t love every minute in front of the cameras. Late Sunday evening, President Obama announced that leaders of both parties have reached an agreement to raise the debt ceiling. Read more…
NYSE:DZZ, NYSE:GDX, NYSE:GLD, NYSE:GLL, NYSE:IAU
Peter Krauth: I’m an avowed gold bull, and I truly believe that gold investors will end up benefiting from the biggest bull market of our time. Read more…
NYSE:DZZ, NYSE:GDX, NYSE:GLD, NYSE:GLL, NYSE:IAU
Przemyslaw Radomski: Recently, there has been much distrust of the political process in the U.S. where politicians are Dancing on the (debt) Ceiling, as the Lionel Ritchie song goes. Negotiations to raise the U.S. borrowing limit have continued to show little signs of progress, even as ratings Read more…
NYSE:DZZ, NYSE:GDX, NYSE:GLD, NYSE:GLL, NYSE:IAU
Przemyslaw Radomski: Being technical analysts is one of our professions, so it is quite rarely when we feel any emotions regarding the market regardless if we’re making substantial gains or if we’re on the losing side. But, off the record, we will admit to a slight twinge of a thrill when gold broke the Read more…
NYSE:DZZ, NYSE:GDX, NYSE:GLD, NYSE:GLL, NYSE:IAU
Przemyslaw Radomski: In general, gold market overview appears mixed according to PM Investors and it is obvious. Some say gold has miles to travel, other suggest gold may take a pause before next journey and some others say it’s time for gold to fall. Debates continue in blogosphere. Read more…
NYSE:DZZ, NYSE:GDX, NYSE:GLD, NYSE:GLL, NYSE:IAU
Innovation has been on display in the ETF industry in recent years, as various issuers have been active on the product development front in their efforts to bring new and exciting products to market. One area that has seen tremendous growth is the leveraged ETF space; investors have Read more…
NYSE:GLL, NYSE:IWM, NYSE:TBT, NYSE:TZA, NYSE:UGL
Gold may have lost some of its glitter of late, but Uri Landesman, president of hedge fund Platinum Management, sees no major reason for concern. Landesman Read more…
NYSE:AGOL, NYSE:GLD, NYSE:IAU, NYSE:SGOL, NYSE:SIL, NYSE:SIVR, NYSE:SLV
We have written before that institutional investors are going to wake up one day and realize that they need to buy gold for their portfolios. Well, that’s beginning to happen. Read more…
NYSE:DGP, NYSE:DGZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, NYSE:IAU, NYSE:SGOL
In Saturday’s weekly summary of Smart Investing Daily articles from last week, I promised you an article on gold prices… particularly as the price of gold has spiked higher than $1,486. Read more…
NYSE:DGG, NYSE:DGP, NYSE:DGZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, NYSE:UBG
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