Platinum is getting a lot of attention on CNBC these days.
The price of the precious metal is up almost 10% in just the first two weeks of 2013. Platinum is now trading higher than the price of gold, which is where it should be, and something... read more »
January 17, 2013 6:42 pm / no comments
Coffee prices are headed higher…
The bad news for coffee drinkers could be good news for traders.
Over the last two years, coffee prices are down 50%. But coffee appears to have bottomed last month and is now moving the other way.
And... read more »
January 15, 2013 6:35 pm / no comments
Last year, I made an outrageous prediction…
I said gold stocks would be the best income opportunity of 2012. The stocks were so cheap, the downside risk was minimal… and the income you could collect from selling options against your... read more »
January 11, 2013 4:27 pm / no comments
Gold got smacked hard last Thursday.
The precious metal dropped $22 an ounce right after the Federal Open Market Committee (FOMC) released its minutes for last month’s meeting. It fell another $25 in overnight trading.
It seems... read more »
January 8, 2013 7:05 pm / no comments
It was another tough year for gold-stock investors.
With stocks up 12% and gold up 5% last year, you might think gold stocks enjoyed a solid year in the plus column, too… But you’d be wrong.
Gold stocks, as measured by the... read more »
January 3, 2013 5:34 pm / no comments
The stock market action this year is eerily similar to 2007.
Back then, the S&P 500 started off the year with a strong rally before a summertime correction gave back all the gains. Stocks rallied again and hit their highs of the year... read more »
December 21, 2012 2:35 pm / no comments
Things are looking bad for retailers.
My wife and I went Christmas shopping last week. We started off the evening trying to decide whether we should drive the SUV – with plenty of trunk space for all the packages – or opt for the convertible... read more »
December 18, 2012 4:11 pm / no comments
It’s not too late to sell short natural gas.
A few weeks ago, we pointed out that natural gas prices had enjoyed a terrific run – up nearly 100% in just seven months.
Despite the fact that natural gas inventories reached a record-high... read more »
December 14, 2012 5:12 pm / no comments
Last Tuesday, Wall Street’s biggest and most influential investment banking firm shocked the financial community.
Goldman Sachs told its clients to sell gold. The firm lowered its 12-month price target for the metal from $1,940 to $1,800... read more »
December 11, 2012 5:37 pm / no comments
There’s a little, faded yellow sticky note posted in the upper right-hand corner of my computer monitor. It reads…
“Buy stocks on December drops.”
I put it there a few years ago to remind me of the right strategy to use... read more »
December 6, 2012 6:46 pm / no comments