Peter Schiff lays an iPod-sized bar valued at about $40,000 on the sun room floor of his Connecticut mansion, and calculates it would cost about $250,000 for each floor tile to pave the room with gold.
Catalysts can move mining equities substantially up or down, so being aware of upcoming news and events is key to portfolio management. Jocelyn August advises investors to look for miners with good management teams that are transparent in their announcements and consistently meet their deadlines.
In this interview, Jocelyn August explains which catalysts have the biggest effect on small- and large-cap companies and identifies upcoming events that could move the needle in the oil and gas and uranium spaces.
Even in a depressed gold market, knowing your catalysts in mining stocks is indispensable and is still the fundamental yardstick for buy-sell decisions. Jocelyn August understands the impact that events can have on your portfolio.
Spot market gold prices hovered just below $1,720 an ounce Thursday morning in London – 2.4% up on last week's close – while stocks recovered some ground and the dollar ticked higher as central banks in the UK and Europe left monetary policy unchanged.
Is our energy future one of falling prices and plentiful supply or should we prepare for declining supply and sky high prices? lThe energy economist from the University of California at San Diego gives some answers.
Economists agree things look bad. They're wrong... Lots of people think the UK economy is doing terribly. They're right, of course. But Britain isn't doing anywhere near as terribly as it will likely do yet.