As gold and silver prices continue to rise, precious metals related ETFs are becoming the go-to investment. The price of gold settled at a price just below its record, and silver has reached its highest peak since March of ’08. Tom Lydon states international buying, as well as sheer momentum as some of the reasons why. Read the full analysis here.
The Big Picture
U.S. Dollar & AAA Debt Rating is Doomed, say Bill Gross and Warren Buffet
Obama policies destroying U.S. economy say Bill Gross & Warren Buffet. […]
Investing Strategy
Will Gold Break Out?
Since its low at the end of July, gold has rallied about $100/ounce. […]
The Big Picture
Doug Kass: “Worshipping at the altar of price momentum can be punitive to the recently converted.”
Doug Kass is Bullish on Stock Market and lays out the key elements that will likely cause some drops along the way. […]