Buy Gold Bullion | 2014 <b>Gold</b> vs. <b>Gold</b> Stocks, Part 1 | Uncommon Wisdom Daily | News2Gold |
- 2014 <b>Gold</b> vs. <b>Gold</b> Stocks, Part 1 | Uncommon Wisdom Daily
- <b>Gold</b> Hits 1-Month High, US Mint <b>Bullion</b> Coins Gain | Coin News
- How To Buy Bullion Gold | <b>Buy Gold Bullion</b> | <b>Purchase Gold Bullion</b>
2014 <b>Gold</b> vs. <b>Gold</b> Stocks, Part 1 | Uncommon Wisdom Daily Posted: 14 May 2014 05:30 AM PDT I've argued for years that it's better to own physical gold than gold stocks. One reason is that you know exactly what you're buying when you own bullion. Analyzing gold companies, however, requires specialized research. When you own gold stocks, you need to know about management, debt, hedging practices, other reserves in the company portfolio, costs, leases, location of reserves and more. But with bullion prices seemingly stuck in neutral, should I change my preference for 2014?
Let's analyze my preference for 2014. Below is a two-year gold chart: Gold bullion fell about 30% in 2013. It now seems to have found a bottom in a trading range from $1,200 to $1,400. Gold is in the middle of this trading range right now. If you bought gold at $1,200 and sold it at $1,400, you would have about a 16% return. Gold Stocks Below is a chart of Market Vectors Gold Miners ETF (GDX), which includes major gold mining companies. GDX fell around 50% from its 2013 peak. When a stock falls this much, it must find a bottom and build a base. It looks like this happened in December at the $20 area. Basing is a process, not an event. Prices move sideways after a major fall as the bears and bulls fight it out. GDX has been basing for about a year, trading between $22.50 support and resistance from $27.50 to $30. Currently, GDX is closer to support than resistance. If you buy at support and sell at resistance, the return could be about 22% — significantly better than a short-term gold bullion trade. Next week I will analyze whether gold or gold stocks will break out of their basing patterns first. This will help you decide which short-term trade has better prospects. Sincerely, P.S. Have you heard? Sunlight and water could make you rich in America these days. And some insiders are getting ready to plow their early investments into these elements … and ride it out to absurd profits ahead of everyone else. You need to see this for yourself >> Dan Hassey is the Senior Stock Analyst for James DiGeorgia's Gold and Energy Investor newsletter and his Superstock Investor service. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
<b>Gold</b> Hits 1-Month High, US Mint <b>Bullion</b> Coins Gain | Coin News Posted: 14 May 2014 01:34 PM PDT Gold closed at a one-month high Wednesday, gaining for a second time this week after dipping in the previous session. Silver, platinum and palladium extended their winning sessions to three straight. Gold for June delivery tacked on $11.10, or 0.9%, to end at $1,305.90 an ounce on the Comex division of the New York Mercantile Exchange. The settlement price was the highest since April 14. Prices ranged from a low of $1,291.60 to a high of $1,309.20.
Gold prices on Tuesday declined $1, or less than 0.1%. They are up 1.4% since Friday. Silver for July delivery gained 23 cents, or 1.2%, to settle at $19.78 an ounce. Prices ranged from $19.51 to $20. In PGM futures:
London Fix Precious MetalsEarlier fixed London precious metals also advanced. In contrasting the London fix bullion prices from Tuesday PM to Wednesday PM:
US Mint Bullion SalesSix of nine U.S. Mint bullion coins logged sales gains on Wednesday. In overall totals, advances included:
Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of bullion coins sold on Wednesday, last week, the week so far, last month, the month so far, and the year-to-date.
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How To Buy Bullion Gold | <b>Buy Gold Bullion</b> | <b>Purchase Gold Bullion</b> Posted: 03 May 2014 12:36 AM PDT
http://howtobuybulliongold.com/GetGoldKit Buying bullion gold is probably the best investment you can make with your money. It is now easier than ever to buy bullion gold coins, buy gold bullion, and to buy gold bars over he internet. Here are some helpful tips to help you buy gold and silver: •1. LOCATE RELIABLE SOURCES To get a free information packet on gold investing go here now: http://howtobuybulliongold.com/GetGoldKit How To Buy Bullion Gold | Buy Gold Bullion Searches related to how to buy bullion gold |
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