Is gold still a safe investment option?
To answer the question:
is gold still a safe investment option, let's start by getting into why I think gold will rally toward the end of the year and the beginning of next year.
Not exact matches
While there
are still just a small number of brewers, that
's changing — and they
're winning major awards, like NoDa
's Hop Drop «N Roll, which took home a
gold medal from the 2014 World Beer Cup.
Still, while those with less
gold - plated resumes need to think more carefully, Kalt's piece
is a refreshing reminder that talent generally shows through — and generally the best way to develop your talent
is to follow you interests instead of trying to stick to a narrow, pre-described career path.
Stocks can
still generate some return for investors when
gold prices
are stable, as they've
been the past year.
«There
were comments from Trump to China over the weekend saying «if you can't sort out North Korea, we will» so there
is still some geopolitical risk out there which attracts demand for
gold,» said Hansen.
Local
gold miners continue to prove there
is still money to
be made in Western Australia's resources playground, with Northern Star Resources, Metals X, Ramelius Resources and Saracen Mineral Holdings all closing higher on the ASX.
I
'm still adjusting to the rose
gold color but, in the end, I'll get over it.
Admittedly, when people a century from now
are fearful, it
's likely many will
still rush to
gold.
Now Paul Singer, less well - known than Soros and Icahn, but
still an investment powerhouse in his own right,
is joining the fray and loading up on
gold.
The 170,000 tons of
gold will
be unchanged in size and
still incapable of producing anything.
«If Microsoft can release a good Web version of Office while it
's still the
gold standard they have a shot,» Bargagallo says.
So while the price for palladium
is still set to rise, it
is likely to
be outperformed by
gold, silver and platinum.
«The
gold bugs
are still not believing in it,» McClellan said.
Tony
Gold, 30,
was still a credit officer at a New York City bank.
While most of his proposals — «to abandon the
gold standard, let international exchange rates float, use federal surpluses and deficits as macroeconomic policy tools that could counter cyclical trends, and establish bureaus of economic statistics (including a consumer price index) in order to facilitate this effort» —
are now conventional practice, his critique of fractional - reserve banking
still «remains outside the bounds of conventional wisdom» although a recent paper by the IMF reinvigorated his proposals.
That
gold is still holding at its current level — despite rising rates, despite a stock market that continues to rally —
is «encouraging.»
The Winklevoss twins have argued bitcoin
is a better asset than
gold and
is still «underappreciated».
The Premier Rewards
Gold from American Express isn't as benefit - rich as the Amex Platinum but you can
still transfer your points on a 1:1 basis to Delta and the $ 100 annual travel credit offsets your baggage fees and in - flight purchases.
Spot
gold crept up 0.2 percent on Tuesday to $ 1,137.66 an ounce, but
gold prices
are still down nearly 4 percent year - to - date.
While silver, platinum, and palladium
are slightly more correlated to stocks due to their role in the industry (more on that later), they
still offer many of the same protections as
gold: namely that they won't evaporate in an instant the way paper assets can.
Williams says
gold is still undervalued: «At heart, I
'm a value investor, and I think
gold offers incredible value now.»
But popular overweights with supportive fundamentals and valuations (such as EM debt and U.S. credit)
are still worth considering, and
gold can offer portfolio diversification benefits.
Since then I bought more shares because even at a much higher price now, I
still believe that the price of
gold is on a new bull run.
Mr. Szabo first made brief mention of Bitcoin on his blog in mid-2009, and in 2011, when the currency
was still struggling to gain traction, he wrote about it again at greater length, noting the similarity between bit
gold and Bitcoin.
Despite the recent price action, bulls
still believe the intermediate — longer term trend in the dollar
is still lower, and that the recent strength in the greenback will reverse and fuel a rebound in
gold.
I
still believe
gold could hit $ 1,500 an ounce this year on rising consumer and producer prices, which I think
are understated.
In 1998, he sent the outline for his own version of digital money, which he called bit
gold, to a small group that
was still pursuing the project, including Mr. Dai and Hal Finney, a programmer based in Santa Barbara, Calif., who tried to create a working version of bit
gold.
Gold and other commodities seem to
be signaling that the U.S. economy
is sluggish and will get weaker
still.
Still though, as we mentioned here just last week, we also believe that
Gold at and above major resistance at 1221
is pricing in just this.
What
is interesting to see with this bitcoin hype
is how uneducated writers
still are when it comes to the question of what money actually
is — especially the assumption that money, e.g. US Dollars,
are tied to any real world values like
gold is one of these modern fairytales that
is repeated often — I can not understand that even after the big corporate crimes (aka as «financial crisis») that US Citizens cost millions of dollars there
is still such a lack of understanding of what money actually
is.
Despite the sell - off Friday, the Market Vectors
Gold Miners ETF (NYSE ARCA: GDX)
is still up over 5 percent, with an increase of 4.4 percent on Thursday alone.
Some people argue, «Even if people run to
gold, their funds will
still remain within the banking system, so the bankers aren't worried about this happening.»
And so for example, if you and I
were standing in a vault and I gave you one ounce of
gold there
's no way anyone could argue that I
still possess the ounce of
gold because I physically don't have it.
If you had the same in - situ values of copper or
gold that you have with NexGen or Fission, they would
still be commanding attention.
The Deep State financial elite
is laughing itself sick that suckers
still fall for the electronic
gold scam nearly four decades after they first hatched it and after already having stolen $ 1 trillion from their marks.
Although $ GLD
is still in a downtrend, there
are now 2 main technical signals and 1 other point that give me strong reason to believe
gold is poised for a substantial, intermediate to long - term rally and / or bullish trend reversal...
They consider a range of arguments for owning
gold, such as: (1)
gold hedges inflation; (2)
gold hedges currency decline; (3)
gold is attractive when other assets
are not; (4)
gold is a safe haven in times of crisis; (5)
gold is a de facto world currency; and, (6) central banks and investors in aggregate
are still underweighting
gold.
Before I start today's article, I just want to clarify one statement from my article about diversification in which I discussed how most
gold and silver mining stocks are still undervalued heavily by comparing the cumulative market cap of all gold stocks in the HUI Gold Bugs index to the market caps of well - known single stocks like Apple, Facebook and Ama
gold and silver mining stocks
are still undervalued heavily by comparing the cumulative market cap of all
gold stocks in the HUI Gold Bugs index to the market caps of well - known single stocks like Apple, Facebook and Ama
gold stocks in the HUI
Gold Bugs index to the market caps of well - known single stocks like Apple, Facebook and Ama
Gold Bugs index to the market caps of well - known single stocks like Apple, Facebook and Amazon.
For most cryptocurrency use cases, mass user adoption
is still years off: «Less than 10 million people «use» crypto today, and aside from use as «digital
gold» or «payment rail», other use cases won't have meaningful traction for 18 + months at fastest.»
We have
been urging investors to load up on the dips, as the long - term picture
still looks bright for precious metals, and although we
are nearing short - term overbought readings,
gold will likely test the $ 1300 level soon.
If
gold prices rocket upwards faster than we anticipate then this trade should
still be profitable since it benefits from an increase in implied volatility as well as an increase in
gold prices...»
The most commonly tracked exchange traded fund for
gold, SPDR Gold Trust (ETF)(NYSE: GLD), is up more than 16 percent since the start of 2017 but still nearly flat from a year
gold, SPDR
Gold Trust (ETF)(NYSE: GLD), is up more than 16 percent since the start of 2017 but still nearly flat from a year
Gold Trust (ETF)(NYSE: GLD),
is up more than 16 percent since the start of 2017 but
still nearly flat from a year ago.
Still, when I look at the big picture for
gold, I see a resource whose production
is challenged on the best of days.
Take Away: Though details on the platform
still remain murky, this could mean there
is a new alternative to
gold and other precious metals.
If the
Gold Truth is that USG, Inc. does not possess and own the gold it has promised the world that it owns and possesses, every last shred of monetary, fiscal, financial, economic and moral authority that USG, Inc. still possesses would be destroyed in a matter of seco
Gold Truth
is that USG, Inc. does not possess and own the
gold it has promised the world that it owns and possesses, every last shred of monetary, fiscal, financial, economic and moral authority that USG, Inc. still possesses would be destroyed in a matter of seco
gold it has promised the world that it owns and possesses, every last shred of monetary, fiscal, financial, economic and moral authority that USG, Inc.
still possesses would
be destroyed in a matter of seconds.
No matter what happens in the financial world, you
still hold on to your
gold and you don't have to rely on any third party such as an issuer, stock or futures exchange to
be operational.
We've
been discussing how
gold is still near the top of its range and so
is difficult to place a buy order.
By: Simone Liedtke Updated 1 hour 46 minutes ago
Gold miner Randgold Resources» Loulo - Gounkoto gold mining complex, in Mali, is still expanding, with the Gounkoto superpit and the new Baboto satellite pit joining the Yalea and Gara underground mi
Gold miner Randgold Resources» Loulo - Gounkoto
gold mining complex, in Mali, is still expanding, with the Gounkoto superpit and the new Baboto satellite pit joining the Yalea and Gara underground mi
gold mining complex, in Mali,
is still expanding, with the Gounkoto superpit and the new Baboto satellite pit joining the Yalea and Gara underground mines.
Even if we consider gains on an annual basis, the ROI in
gold would
still be down in excess of 16 percent.