January 2019 - Week 3 Edition
Political Crises in Britain and America are Sending Gold Up
Gold remained above $1,290 most of last week, including a $1,292.80 morning fixing in London on Friday, but the London pm fixing was $1,288.95, and the U.S. close was around $1,287. On Monday morning, January 14, gold shot up again past $1,290, reaching $1,295 before retreating to $1,292. Since November 30, 2018, Gold is up 6% and Silver is up 10%, while stocks are down about 6%.
January 2019 - Week 2 Edition
Gold Starts Year Strongly
Gold remained above $1,280 in the first week of the year, starting the year strongly, while stocks remained in their erratic pattern of falling rapidly (down 660 Dow points on Thursday), then recovering on some good news the next day. Gold has become far more stable than stocks as well as more profitable over the last three months. Silver performed even better last week, up over 25-cents (+1.65%) to $15.72.
January 2019 - Week 1 Edition
Gold Scores Large Advantage over Stocks in the Fourth Quarter of 2018
Gold closed 2018 at its highest price since June 15th, moving in the opposite direction of stocks, which fell the most of any December since 1931. During the fourth quarter, the S&P 500 lost 14% while gold gained 8%.
January 2019 - Week 1 Edition
Gold Scores Large Advantage over Stocks in the Fourth Quarter of 2018
Gold closed 2018 at its highest price since June 15th, moving in the opposite direction of stocks, which fell the most of any December since 1931. During the fourth quarter, the S&P 500 lost 14% while gold gained 8%.
December 2018 - Week 4 Edition
Jim Cramer (and Others) Say “Buy Gold”
With stocks falling on a regular basis, investors are seeking shelter. Last week, Mad Money’s Jim Cramer predicted a gold bull market ahead. He said this market reminded him of 2007, when the Federal Reserve was not listening to the reality of the world around them but kept raising rates. He’s not alone in his concerns.
December 2018 - Week 3 Edition
Gold reaches six-month high and Silver breaks $15
During the Fourth Quarter (since September 30), Gold is up 5%, while the Dow Jones Industrial index is down 11% and the broader S&P 500 is down 12.6%, so gold has outperformed the S&P 500 by 17.6% since September 30.
December 2018 - Week 3 Edition
Gold is Up 5%
During the Fourth Quarter (since September 30), Gold is up 5%, while the Dow Jones Industrial index is down 11% and the broader S&P 500 is down 12.6%, so gold has outperformed the S&P 500 by 17.6% since September 30.
December 2018 - Week 3 Edition
Gold is Up 5%
During the Fourth Quarter (since September 30), Gold is up 5%, while the Dow Jones Industrial index is down 11% and the broader S&P 500 is down 12.6%, so gold has outperformed the S&P 500 by 17.6% since September 30.
December 2018 - Week 3 Edition
Gold is Up 5%
During the Fourth Quarter (since September 30), Gold is up 5%, while the Dow Jones Industrial index is down 11% and the broader S&P 500 is down 12.6%, so gold has outperformed the S&P 500 by 17.6% since September 30.
December 2018 - Week 2 Edition
Gold and Silver Rise on Prospects of the Fed Stopping Rate Increases
Gold rose $25 last week to reach $1,248 for the first time since July 11. Silver rose 48-cents (+3.4%) for the week. Stocks went in the other direction, with the Dow Jones Industrials falling 1,150 points (-4.5%)
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