"There's no question these are dangerous times and the financial world is in uncharted waters," caution resource experts Mary Anne and Pamela Aden.
In The Aden Forecast, the sisters offer an exceptional in-depth discussion on inflationary vs. deflationary foreces, their outlook for precious metals, and their top gold and silver positions for long-term investors.
"The global financial system is on very thin ice, teetering on collapse. Global central banks clearly are literally pulling ou
Hey Big Nose Kate here. Bailout Bailout Inflation Inflation Nothing better to push up the price of gold .
A little gold or alot Now it's time to grab some shares of GG.Don't under estimate this miner she will show you a brite picture. I am going to grab some more GG shares.
Some of the most dominant women I have known were slow starters,a little gold will turn them on very fast. Now it's time to grab some shares of GG.Don't under estimate this miner she will show you a brite picture. I am going to grab some more GG shares. Good luck to all
"People want to own more gold when there’s a perception of growing global economic and political turmoil," explain resource experts Roger Conrad and Yiannis Mostrous.
In their industry-leading Vital Resource Investor, the advisor offer their long-term bullish assessment for gold as well their favorite gold mining stock: GoldCorp (NYSE: GG).
"To be sure, we’ve seen demand in the US drop for many vital resources as the economy has slowed. Demand from developing nations, however, remains entrenched by necessity, as these suddenly more affluent nations struggle to upgrade their vital infrastructu
"People want to own more gold when there's a perception of growing global economic and political turmoil," explain resource experts Roger Conrad and Yiannis Mostrous.
In their Vital Resource Investor, the advisor offer their long-term bullish assessment for gold as well their favorite gold mining stock: "Goldcorp (NYSE: GG).
"Every commodity bull market eventually ends when consumers permanently reduce demand with conservation and switch to alternatives, and the producers ultimately over-expand. This
When I wrote Part I and sent it off for posting, I didn't realize that the Wall Street Journal's "Heard on the Street" column was going to help advance my proposition.
In this article titled, "Miner's Run Seems Over" (which is another way of saying "Mining Stocks are Dead") someone named Arindam Nag was adding to the pessimism and negativism about mining stocks (forgive the pun, but he or she was "Nagging").
When gold was trading above $1,000 an ounce, Curtis Hesler reversed his buy signal and fortuitously warned of a seasonal pullback expected over the summer.
In his The Professional Timing Service, he stated, "Gold should settle into the cyclical and seasonal lows due in early August. Although you will hear plenty of bearish arguments as gold prices pull back, weakness will be a buying opportunity."
He now explains, "I don't think there is much left on downside for the mining shares. W
"Gold is the only financial asset that isn’t someone else’s liability and it’s the only asset that’s reliably held its value over time," notes Yiannis Mostrous.
In his Vital Resource Investor, he adds, "Indeed, gold has held its value for millenia. An ounce of gold still buys a quality men’s suit, just as it did in the days of ancient Greece." Here, he reviews a trio of ideas.
"To date, Americans have never had to experience the society-wrenching events that have affected much of the world for centuries. But most of the globe’s population hasn’t forgotten the value of gold in times of extreme
"The number one reason I like gold is because of inflation -- now a big problem in the emerging markets and the major economies," says resource expert Eric Roseman.
In his industry-leading Commodity Trend Alert, he says, "One of my favorite companies in the world is Goldcorp (NYSE: GG)." Here, he looks at this gold mining firm.
"Inflation sits at a nine-and-a-half-year high in Asia at 7.5%, a 15-year high in the Euro-zone at 3.7% and in the United States it's at 4.2% -- if you believe government dat
Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
The Toronto Stock Exchange has fared much better in what has officially become a U....
"The #1 reason I like gold is because of inflation — now a big problem in the emerging markets and the major economies," says resource expert Eric Roseman.
In his industry-leading Commodity Trend Alert, he says, "One of my favorite companies in the world is Goldcorp (NYSE: GG)." Here, looks at this gold mining firm.
"Inflation sits at a 9 ½ year high in Asia at 7.5%, a 15-year in the Euro-zone at 3.7% and in the United States at 4.2% — if you believe government data in the first place. I don't. I say inflation is running closer to 10% in 2008, not 4.2%.
Our over-saturated information world has immunized us to the most pressing problems we face as a species. The price of oil, for instance, is no longer interesting, even though it sets records weekly, simply because it has been doing so for the better part of a year, and so that news becomes uninteresting through sheer ubiquity.
The economic repercussions of this cost of oil, which, as feedstock for gasoline, heating oil, jet fuel, diesel, and many plastics, takes a long time to reach into your pocket and squeeze hard though. Would you believe me if I told you that the price you are now pay
Here are selected charts from my watchlist.
SRX: Breakdown-pullback with bearish flag forming.
FSLR: Momuntume breakout. Hot sector. Overbought so I'd wait for a pullback.
LEH: Weak downtrend consolidation. If it falls, lots of room to drop. Easy stop placement limits risk.
ICO: Nice Uptrend. Possible buy on low volume dip to 20 day moving average.
GXDX: Nice breakout after
When gold recently moved above $1,000 the Aden Forecast presciently noted that the metals were overbought and forecast a "well deserved breather" for the precious metals.
Now, with the setback in metals prices, Mary Anne and Pamela Aden explain, "We can't stress enough that you should stay invested in the major uptrend, which still has years to run. Don't get left behind or shaken out." Here is their outlook on metals and some favorite mining stocks.
Technician Yola Edwards had forecast a rise in gold to $1032; it rose to $1034, before correcting. In her Edwards Charts she offers a technical outlook for gold, Goldcorp (NYSE: GG) and Barrick Gold (NYSE: ABX).
"Gold exceeded my $1032.50 level by posting an intraday high just shy of $1034 but it turned on a dime and plunged over a US$100. The daily chart now indicates prices are oversold according to the MACD and RSI as the price bounces off support at the lower Bollinger band.
where do we go from here
- The S&P has now broken the low of 6/12/06, 1219.29. The next stop is 1168.20 of 10/10/05. The Dow and the Nasdaq are in similar situations. I origanall...
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