Kitcommentary from Kitco Metals Inc. - "Buy the Rumor, Sell the Fact. Lather, Rinse, Repeat."
Updated: 2012-02-29 14:00:00
February 29, 2012 (Investorideas.com Mining stocks newswire) The ECB doled out more than $700 billion in loans to over 800 banks this morning in what may have been its last gesture of 'kindness' for a long time to come.
It has been some time since we last looked at what Google Trends can tell us about the future price of gold. Google Trends allows us to see volume trends for specific search items related to gold. In the past, extreme spikes in search volume have correlated closely with major turning points in the gold [...]
Gold and silver continue their strong 2012 advance with relatively sparse mainstream press headlines. Gold is now only $114 per ounce below the all time high of $1,895 reached on September 6, 2011 and silver looks more and more like it is getting ready to challenge the $50 range last seen in mid 2011. Based [...]
Two examples of the frustrations that some gold investors have gone through in the past year offers a valuable lesson to long term gold investors. During 2011, despite being heavily invested in gold, John Paulson's Gold Fund wound up losing 11% of its value. This despite the fact that gold bullion gained $142.50 during 2011, [...]
Leveraged earnings gains from rising gold prices have historically resulted in gold stocks outperforming gold bullion. From 2000 to the highs of 2008, the PHLX Gold/Silver Index (XAU) rose by 345% compared to a 252% increase in the price of gold. Over the past two years, the out performance of gold stocks has come to [...]
How many of the countries best financial advisors are telling their customers to invest in gold? Despite the fact that gold has gone up for the past eleven years, a Barron's survey shows that gold remains distinctly out of favor by mainstream investment advisors. Barron's interviewed 51 of the countries most successful investment advisors from [...]
Investor demand for gold during 2011 hit an all time high, fueled by soaring demand in China and India. Total gold demand by China and India during 2011 amounted to a staggering 61% of all gold mine production last year. The 2011 Gold Demand Trends report issued by the World Gold Council show a huge [...]
There are numerous investment strategies available to capitalize on the gold bull market. Gold investors have the option of investing in gold bullion, gold coins, gold ETFs, gold mutual funds and individual gold mining stocks. Although many gold investors prefer to exclusively hold physical gold, diversifying into selected gold stocks can dramatically increase total returns. [...]
Platinum is one of the rarest earth elements with the vast majority of deposits found in only one place on earth. Annual platinum production is only 30 tonnes per year compared to approximately 2,800 tonnes for gold and 23,000 tonnes for silver. Roughly 80% of annual platinum production comes from only three mines in South [...]
Have too many investors gotten overly bullish on gold? After a stunning advance of almost $200 per ounce from last year's closing price, some are asking if gold has gotten ahead of itself. After advancing almost nonstop since the beginning of the year, gold sold off sharply, dropping by $32.50 to close in New York [...]