Archive for October, 2012

Why The Miners May Outperform Gold After The Election?

Regardless of who wins the election, we believe that precious metals and especially the undervalued junior miners should be included in one’s portfolio.  We are living in volatile times, where we see possibly many catalysts to cause a breakout in precious metals.

The world has chosen a Keynesian approach which may cause gut wrenching hyper-inflation.  Remember Central Banks all over the world are adding to their gold reserves especially emerging nations.  Countries such as China is overweight in U.S. dollars and treasuries and have already began buying undervalued natural resource assets and early stage precious metal miners.  They are opening banks in Canada and the U.S. to finance natural resource development.

The miners are already beginning to outperform both bullion and the S&P 500 and we believe this trend will continue due to favorable fundamentals and seasonality.  For the past six months, the silver miners (SIL) and gold miners (GDX) have outperformed.

We expect this trend to continue as investors see possible weaker earnings and slowing growth in the large caps yet rising inflation and commodity prices, which benefit the miners.  Notice that even during this pause in the rally both the gold and silver miners are holding up well versus the S&P500 and are outperforming bullion.  The miners may be forecasting a coming breakout in gold at $1800 or a rotation from large caps to miners.  After this breakout look for the large miners with rising share prices to make deals with the cheap junior gold miners for large premiums.

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Wednesday, October 31st, 2012 Invest, News, Trade Comments Off on Why The Miners May Outperform Gold After The Election?

Malaysian Gold Plans Flourish in Hunt for Yield – Businessweek

Malaysian Gold Plans Flourish in Hunt for Yield
Businessweek
A search for better yields to beat the interest rates on bank deposits has boosted the appeal of alternative investments as diverse as stem-cell storage and birds' nests, while unlicensed instruments in the Southeast Asian nation identified by the

and more »

Tuesday, October 30th, 2012 Invest, News, Wealth Comments Off on Malaysian Gold Plans Flourish in Hunt for Yield – Businessweek

Five things NRIs should know about investing in gold – Times of India


Economic Times
Five things NRIs should know about investing in gold
Times of India
For instance, in 2008, while gold grew at 29.18%, the Sensex fell by 54.75%. Now had you invested all your money in the Sensex that year, you would have lost 54.75% of it. But if you had invested 5% in gold and the rest in equities, your total loss
Is platinum a better bet than gold at this time?Economic Times

all 7 news articles »

Tuesday, October 30th, 2012 Invest, News, Wealth Comments Off on Five things NRIs should know about investing in gold – Times of India

China’s Shandong Gold cleared to buy into Australia’s Focus – Reuters Africa

China's Shandong Gold cleared to buy into Australia's Focus
Reuters Africa
Shandong Gold will invest A$225 million ($232 million) in Focus, acquiring approximately 4.5 billion shares at 5 Australian cents per share. Focus shares closed at 3.8 Australian cents on Monday. ($1 = 0.9683 Australian dollars) (Reporting by Lincoln

and more »

Tuesday, October 30th, 2012 Invest, News, Wealth Comments Off on China’s Shandong Gold cleared to buy into Australia’s Focus – Reuters Africa

Irvine man gets 10 years in gold scheme – OCRegister

Irvine man gets 10 years in gold scheme
OCRegister
SANTA ANA – An Irvine man with a history of fraud convictions pleaded guilty Monday to 13 felony counts of burglary, money laundering and grand theft for stealing more than $288,000 from a woman in a fake goldinvestment scheme. William Scott Spalding

and more »

Tuesday, October 30th, 2012 Invest, News, Wealth Comments Off on Irvine man gets 10 years in gold scheme – OCRegister

Yamana Gold Announces Results for the Third Quarter 2012 – Equities.com

Yamana Gold Announces Results for the Third Quarter 2012
Equities.com
Lower equity earnings from the Company's investment in Alumbrera also affected net earnings for the period. Average realized price of gold was $1,661 per ounce, consistent with market prices, compared with $1,532 per ounce for the same period in 2011.

and more »

Tuesday, October 30th, 2012 Invest, News, Wealth Comments Off on Yamana Gold Announces Results for the Third Quarter 2012 – Equities.com

Geologist Merrill McHenry Keeps His Eye on the Guerrero Gold Belt

October 29, 2012 (Investorideas.com Mining stocks newswire) Millions of years ago tectonic events created significant gold and silver mineralization in the Guerrero Gold Belt in Mexico.

Tuesday, October 30th, 2012 News Comments Off on Geologist Merrill McHenry Keeps His Eye on the Guerrero Gold Belt

Turkish gold trade booms to Iran, via Dubai – Business Recorder (blog)

Turkish gold trade booms to Iran, via Dubai
Business Recorder (blog)
Couriers carrying millions of dollars worth of gold bullion in their luggage have been flying from Istanbul to Dubai, where the gold is shipped on to Iran, according to industry sources with knowledge of the business. The sums involved are enormous

and more »

Tuesday, October 30th, 2012 Invest, News, Wealth Comments Off on Turkish gold trade booms to Iran, via Dubai – Business Recorder (blog)

The Great Gold Scam – ETF Daily News (blog)


ETF Daily News (blog)
The Great Gold Scam
ETF Daily News (blog)
The West's central banks “lease” vast quantities of gold to the bullion banks (at zero cost to those banks), who then “sell” that gold to the seemingly naïve buyers from the East. And (very possibly) “lease” the same ounces of gold again and again and
Gold traders bullish as as investors' bullion holdings rise to a record highEconomic Times
Physical Gold Compares Gold Bullion Coins and BarsPR Web (press release)
Physical Gold Responds to Gold Analyst PredictionsMelodika.net (press release)

all 6 news articles »

Tuesday, October 30th, 2012 Invest, News, Wealth Comments Off on The Great Gold Scam – ETF Daily News (blog)

Turkish Banks Go for Gold to Lure $302 Billion Hoard – Businessweek

Turkish Banks Go for Gold to Lure $302 Billion Hoard
Businessweek
The rise in gold prices in recent years added to the metal's popularity. Spot gold, which traded at $1,711.38 an ounce on Oct. 29, has climbed 9 percent this year, heading for a 12th consecutive annual gain, as investors bought bullion to protect

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Tuesday, October 30th, 2012 Invest, News, Wealth Comments Off on Turkish Banks Go for Gold to Lure $302 Billion Hoard – Businessweek

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