Related trading instruments and tickers: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Showing posts with label SPDR Gold Trust ETF (GLD). Show all posts
Showing posts with label SPDR Gold Trust ETF (GLD). Show all posts
Monday, September 21, 2020
Precious Metals: Silver Will Make An All-Time High Too
I expect gold to continue to make new highs; silver is down about 45 per cent from its all-time high. I would expect silver to make all-time high too.
Monday, April 20, 2020
Gold Will Likely Hit New All-Time Highs
Gold will likely hit all time highs on this move. Despite that Silver is cheaper than gold on a relative basis and that is why Jim is buying.
Related trading instruments: iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD)
Sunday, March 1, 2020
The Reason Why Gold Sold Off
Everything is going down and
you go back to previous bear markets, 2008 for instance, everything went down
including gold. For a while gold went down
a lot. Usually in bear
markets people have to sell and they
sell everything in sight including gold
and that's when you buy gold. I'm gonna go buy this
afternoon!
Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM)
Wednesday, November 27, 2019
Gold: I Started Buying More This Summer
I started buying more gold this summer, because I could see what
was happening. I still own plenty of gold and silver.
I guess the fact that it doesn't yield much or anything doesn't bother anyone
now.
Bonds don't yield anything either.
Most things don't yield anything these days.
Related trading instruments: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), Market Vectors Gold Miners ETF (GDX)
Monday, December 17, 2018
Gold: Where To Buy
If and when gold goes under $1,000 an ounce my plan is to buy a lot of gold. I haven't bought any serious gold since 2010.
Related trading instruments:
- SPDR Gold Trust ETF (GLD)
- Market Vectors Gold Miners ETF (GDX)
Tuesday, July 24, 2018
Gold: Waiting For An Opportunity To Buy
I own gold.
I haven't bought any serious gold in a long time
because I expect another opportunity to
buy gold under $1,000 USD per
ounce. If that happens, I hope I'm smart
enough to buy a lot of gold because
before this is over gold is going to
skyrocket.
Throughout history when people lose
confidence in
economies, governments or currencies
they have always bought gold and silver.
Related: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)
Tuesday, April 17, 2018
Gold: The Correction Is Not Over
In my view, and I have a little bit of experience, when there`s a lot of bad news and something like gold does not go up, it means its not going to go up. The correction is not over for gold.
Related trading instruments:
- SPDR Gold Trust ETF (GLD)
Friday, April 6, 2018
Gold Will Trade Below 1,000
I expect gold to go
under a thousand at which point I hope
I'm smart enough to buy a lot of gold. Before this is over gold is gonna go up
a huge amount and whenever people lose
confidence in governments or currencies
they always have bought gold and silver.
Related trading instruments:
- SPDR Gold Trust ETF (GLD)
- iShares Silver Trust ETF (SLV)
Thursday, March 15, 2018
Video: Junk Bonds, Stock Market & Interest Rates
Michael Pento interviews Jim Rogers. They discussed the U.S. Economy, precious metals, interest rates and junk bonds.
Related trading instruments:
- SPDR S&P 500 ETF Trust (SPY)
- SPDR Dow Jones Industrial Average ETF (DIA)
- SPDR Barclays Capital High Yield Bond ETF (JNK)
- SPDR Gold Trust ETF (GLD)
Monday, February 26, 2018
Gold Will Go Down Even More
If I'm correct, gold will go down even more and there will be another opportunity to buy it.
Related trading instruments:
Related trading instruments:
- Market Vectors Gold Miners ETF (GDX)
- SPDR Gold Trust ETF (GLD)
Thursday, February 22, 2018
Markets: Gold & Silver
When people lose confidence in governments and money they buy gold and silver. Maybe they shouldn't but that's what they do.
Related trading instruments:
- iShares Silver Trust ETF (SLV)
- SPDR Gold Trust ETF (GLD)
- Market Vectors Gold Miners ETF (GDX)
Friday, February 2, 2018
Gold: I Don't Think It Will Breakout
I don't think it's going to be a breakout year for gold. I still think there will be opportunities in the future to buy gold lower. It's been almost seven years since the high. Sometime in the next year or two I certainly expect for gold to make a low and then to start going higher and higher.
Related trading instruments:
Related trading instruments:
- SPDR Gold Trust ETF (GLD)
- Market Vectors Gold Miners ETF (NYSE:GDX)
Tuesday, December 26, 2017
Gold: I'm Waiting For It To Go Down
I'm not selling any of my gold. I'm not buying gold. I'm sitting and watching, I'm still waiting for gold to go down so that I can buy more. (SPDR Gold Trust ETF (GLD))
Monday, December 18, 2017
Gold Is Just Another Commodity
Investing is qualitative, quantitative, it's everything. I mean, I wish it was that simple. I wish you could just look at turn to page 37 and say ah there's the answer. There is no simple answer in the investment world, it's a combination of everything and that's the case with gold and everything else. Gold has been around for thousands of years, gold has had many periods when it's been in a bull market and many periods when it's in a bear market. Gold it's just another investment. I know that many people think it is a currency, gold is just another investment like everything else. Just another commodity like everything else.
Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)
Thursday, November 9, 2017
Q: Are you buying or selling gold at the moment?
Neither at the moment. I own a lot of gold and silver. I haven't bought any serious gold in a few years.
I'm waiting for gold to go down more at which point I hope I'm smart enough to buy a lot more gold because before this is over gold is gonna go up a lot, it's gonna get very overpriced, it might even turn into a bubble. I hope it doesn't turn into a bubble because then I'll have to sell and I don't want to ever sell my gold, my children will have my gold someday. But no, I am a potential buyer, I have never sold any, I don't expect to sell any gold unless and until it becomes a bubble someday.
Related trading instruments: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), Market Vectors Gold Miners ETF (GDX)
I'm waiting for gold to go down more at which point I hope I'm smart enough to buy a lot more gold because before this is over gold is gonna go up a lot, it's gonna get very overpriced, it might even turn into a bubble. I hope it doesn't turn into a bubble because then I'll have to sell and I don't want to ever sell my gold, my children will have my gold someday. But no, I am a potential buyer, I have never sold any, I don't expect to sell any gold unless and until it becomes a bubble someday.
Related trading instruments: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), Market Vectors Gold Miners ETF (GDX)
Wednesday, November 8, 2017
Sooner or Later Governments Are Going To Crack Down On Crypto Currencies
Governments could issue their own crypto currencies, they could control it that way because governments don't like any of this. They don't like gold for that reason, they want to be able to control everything.
Related trading instruments: Bitcoin, SPDR Gold Trust ETF (GLD)
Friday, October 13, 2017
Gold: Not Buying Yet
If and when gold goes down a lot I plan to buy a whole lot more. People just expect too much from gold, everybody's still bullish, there's still a lot of mystics, you know. Everybody still loves gold including me but I'm not buying, not yet. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))
Wednesday, October 11, 2017
Investing: Gold, Sugar and Russia
I'm not buying gold (SPDR Gold Trust ETF (GLD)) Sugar would be a better buy here then gold (SPDR Gold Trust ETF (GLD),), agriculture would be a better buy and Russia (Market Vector Russia ETF Trust (RSX)) would be a better buy.
Related: PowerShares DB Agriculture Fund (DBA)
Monday, October 2, 2017
When To Buy Gold Again
Jim Rogers said in a recent interview that he is taking a contrarian view on Gold. Gold has not had enough corrections yet and for that reason there are still many gold perma bulls. Jim' s argument is that when everybody is throwing gold away at fire sale prices, then it might be a good time to consider buying it again:
"For me, gold has not had enough corrections yet. There are still too many gold bugs."
"When people say, 'I never want to invest in gold again,' that is when I want to invest in it...When everybody is throwing it out the window, that is usually a good time to buy anything, including gold. So far, there are too many people that love gold."
Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)
"For me, gold has not had enough corrections yet. There are still too many gold bugs."
"When people say, 'I never want to invest in gold again,' that is when I want to invest in it...When everybody is throwing it out the window, that is usually a good time to buy anything, including gold. So far, there are too many people that love gold."
Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)
Monday, September 11, 2017
Gold: Prepare For A Huge Bubble
I hope I'm smart enough to prepare for that huge bubble that's coming down the road. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))
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