Never, ever fall in love with an investment. No matter how much money it’s made you. If you had bought technology stocks in the early 1990s, then by the end of the decade you’d have …
Central banks are buying gold – is this a sign to sell?
Category: Gold
In gold we trust
One of my neighbours is writing a book about Somalia. It is to be called The Most Dangerous Place on Earth, something this sadly war-torn country has been for some time. But while Somalia is …
Gold miners look good value
We’ve been fans of gold for a long time. Real interest rates remain negative in most developed economies, and central banks are itching to print more money. That all points to long-term inflation, which will …
Are we heading back to the gold standard?
Here’s the problem with the debt crisis in Europe… Every time we see another ailing European nation bailed out, the stakes get higher and higher. As the debt piles up, so do the interest payments. …
Gold still looks good – but miners look even better
Have you ever sat down and worked out your personal inflation rate? I have. The latest official statistics suggest that the consumer price index (CPI – the Bank of England’s official ‘target’ measure) rose at …
Has the gold price bottomed out?
We’ve been fans of gold since its bull market began in 2001. Since then it has risen more than sevenfold, from $250 an ounce to near enough $2,000 last summer. But since peaking at around …
Fred Hickey: Buy gold miners
Fred Hickey has been “a long and faithful fan” of gold, says Alan Abelson in Barron’s. Hickey, who writes the High Tech Strategist newsletter, rose to prominence in the 1990s, when he called the top …
Is it time to buy gold miners?
Everything seems to have gone a bit quiet on the gold side of things. But we haven’t forgotten old yella. There was, as you might expect, a fair bit of talk about gold’s destination at the …
Is the gold bull market over?
Gold has slid to around $1,550 an ounce, a level not seen since last December. It remains almost a fifth below its record of last summer. But don’t write off the decade-long bull run just …
What’s the point of gold?
One of the problems with putting a price on gold – as gold perma-bears regularly point out – is that it doesn’t pay an income. Generally, the starting point with valuing an investment is to …