Hot Penny Stocks

Gold has been making new highs yet again, with the price in US dollars nudging USD$1250 last week…

Safe Haven Shines Light Brightly
Gold is regarded by many as a safe haven when the going in the world gets tough.  It can be a brightly shining lighthouse.  Let’s look at the chart:

click to enlarge
Gold is one of the few charts that show a bullish five wave pattern at the moment – with maybe 7% [...]

Last night your editor presented at the Melbourne Adam Smith Club. The venue was the Curry Club on Bridge Road, Richmond.
About forty people turned up including a handful of Money Morning readers.
It was a good evening, rounded off by a few curve ball questions from the audience at the end! So it was [...]

The stock rose like crazy yesterday and reached a peak of 0.28 before going steady again at 0.21 close price. – penny stocks

“Just allow it…just admit it. It doesn’t matter where the inflation comes from. Just let it stay…”
SLASHING the Bank of England’s base interest rate to an historic low of 0.5% was supposed to “rebalance” the economy…tipping it away from galloping consumption towards an export-led recovery.
But all that the Pound’s slump since rates began sinking [...]

THE GOLD PRICE ticked higher for US and Euro investors early Monday but held inside a tight range while Asian stock markets closed the day 1% lower and European shares rose.
Little economic news was due for release as US markets stayed closed for Martin Luther King Day.
Government bonds were flat across the board. Commodity prices [...]

THE PRICE OF GOLD sank through $1200 an ounce for the first time in 3 days on Friday, falling fast to $1190 and below on news that US unemployment rose by just 11,000 last month.
Wall Street analysts had expected 111,000 job losses for November. The unemployment rate ticked down to 10.0%.
“We are bullish while [gold] [...]

 
The two important columns are the “Total assistance” and “Average cost of living impact.”
The “Total assistance” column details the increased benefits paid by the government to individuals to help cope with the increased costs of an ETS. In reality what this also equates to is the extra cost to the taxpayer – you.
And the “Average [...]

THE PRICE OF GOLD in US Dollars retreated from a fresh 0.7% surge early in London on Thursday, falling back from a new all-time record of $1123 an ounce as Asian stock markets closed the day lower.
Crude oil fell below $79 per barrel – higher by more than 75% from this time last year – [...]

Marketmen said gold soared in tune with global rates, where prices touched a new peak of USD1,070.80 an ounce on weakening of dollar against its major rivals. Besides, buying activity gathered momentum as stockists indulged in creating fresh positions to meet demand from jewellery fabricators ahead of Diwali, they said. In London, gold set a [...]