In this interview, Frank Holmes and Brian Hicks of U.S. Global Investors discuss their criteria for their investment decisions, the factors they think will affect the gold sector and how ETFs are distorting the gold equities market.
Three trends will light a fire under natural resource prices and equities in the coming years, according Greg Dorsey, editor of Leeb's Real World Investing. In this interview, Dorsey shares the names of favorite companies that could profit from the expected surge.
Friday’s precious metals markets opened a tad higher but continued to how their recent lack of energy. Technicians argue that gold needs to remain above a key support near $1,688 lest another $30 decline might be in the cards.
In a volatile, high-risk, volatile world prudence calls for managing against a range of risks by looking at how assets inter-relate, rather than searching for the one or two assets that might perform best in a more certain and low-risk world.
As the days pass by, it seems less likely that gold will approach or surpass its all-time high near $1,925 by year end or early 2013. Less likely, but not impossible: a quick and quite imaginable rally of some 11%-to-12% could still see gold breech its record high.
This morning’s opening in New York brought with it some modest selling by participants ahead of the US Labor Department’s August jobs data. The principal take-away number was the decline in US unemployment to 8.1%.
Maybe you didn't know that the rogue trader at UBS AG who lost $2.3 billion last year was trading exchange-traded funds (ETFs)... or that Jerome Kerviel, another rogue trader at Société Générale SA who lost $7.2 billion in 2008, was trading ETFs.