Hot Penny Stocks

How much gold is too much gold if you’re a fixed-income investor…? GOLD DOESN’T pay any income, of course. Which is why retirees and pensioners should hate it. But since gold cannot go bust – and because its tight supply typically finds strong demand when cash loses value to inflation in the cost-of-living – gold [...]

Two things happen to cash savers (meaning pretty much everyone) when real interest rates get stuck below zero…
HOW HAS GOLD reached and breached new all-time highs in the absence of strong 1970s-style inflation?
The Buttonwood column in last weekend’s Economist is only the latest analysis to miss the point, and despite tripping right over it, too.
“Owning [...]

We’ll stay on the same subject as yesterday. The so-called Resource Super Profits Tax.
We have to admit to laughing out very loud indeed after listening to the Fairy Ruddfather’s interview on Perth radio yesterday. But more on that in a moment…
First, the Australian mainstream press can only be described as pathetic.
We’re quite serious [...]

You’ll remember this quote we relayed to you from one of Christopher Joye’s recent blogs at Business Spectator:
“There is an investment category out there that you likely have a large chunk of your wealth tied up in. The problem though, is that it is literally 11.6 times riskier than ‘cash’… Australian equities also don’t stack [...]

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 ticked higher from near 4-week lows at $1111 an ounce early Monday, recording the lowest London Gold Fix since Nov. 13th at $1120 as Asian stock markets ended the day flat but European shares rose despite poor data.
The government of Abu Dhabi surprised analysts by lending neighboring Dubai $10 billion today [...]

THE PRICE OF GOLD ticked higher in Asia and early London trade Friday, heading towards the weekend at $1140 an ounce – some 3.4% below the record weekly finish of a fortnight ago – as world stock markets crept towards new 14-month highs.
The “safe haven” Dollar and Yen both eased back on the currency markets, [...]

THE PRICE OF GOLD was little changed Thursday morning in London, recording its lowest AM Fix since Nov. 13th at $1125 per ounce as the US Dollar held onto this week’s rally on the currency market.
Both the Swiss and UK central banks kept their key interest rates at historic lows of 0.25% and 0.50% respectively.
Gold [...]

THE PRICE OF GOLD reversed Monday’s 2.4% rally vs. the Dollar early today, only to bounce sharply as world stock markets fell and the Euro currency dropped to a one-month low beneath $1.4750.
The gold price in Sterling and Euros held above £700 and €775 respectively.
Crude oil fell through $73 per barrel. US Treasury bonds rose, [...]

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] [...]