Thursday, July 30, 2020

Forbes: Get Ready For A 50% Surge As Gold Miners Head For Record Highs

By SIMON CONSTABLE

Gold mining stocks have already staged a significant rally this year, but far more could be on the way in due course.

The VanEck Vectors Gold Miners exchange-traded fund (GDX), which tracks a basket of larger gold mining stocks, gained 47% so far this year. That’s way above the 27% rally in the SPDR Gold Shares ETF (GLD) 

Tuesday, July 28, 2020

Forbes: The Rally In Gold Mining Stocks May Barely Have Started

By SIMON CONSTABLE

Suddenly gold investing is front and center again on Wall Street. And smart investors could do a lot worse than consider gold mining stocks, such as those held in the VanEck Vectors Gold Miners exchange-traded fund (GDX).

The fund is up almost 50% year-to-date excluding dividends, and there could be a lot further to go this year. But wise investors might want to wait a while before jumping aboard the gold miners train. Read more here.

Monday, July 27, 2020

Forbes: If You Think Gold Prices Will Climb To $10,000, Forget It

By SIMON CONSTABLE

Gold prices have just smashed through the previous all-time record high around above $1,920 a troy ounce which was set in 2011. Bullion was recently fetching $1,942.

The rally is almost certain to continue for at least a while. But some gold bulls may have gotten a little too exuberant. Some see it going as high as $10,000 an ounce. Even if that does come to pass, don't expect it to last even as long as a day. Read more here.

Friday, July 24, 2020

Forbes: Gold Prices Set To Smash Record As The Wall Street Shuns The Dollar

By SIMON CONSTABLE

The recent Covid-19 pandemic has pushed the price of gold to a hair’s whisker of its record high reached almost a decade ago. Investors should expect the rally to continue beyond that level, at least in the medium term, experts say. Read more here.

Monday, July 13, 2020

Forbes: Watch These Two Key Metrics To See Who Will Win The Presidential Race

By SIMON CONSTABLE

If you want to forecast who’ll win the White House this fall there are two great metrics to watch. Both relate to how much better people feel economically than they did at that the last election. Read more here.