12%-15% Return For Gold in 2013
Gold Forecast 2013
David Mcalvany, CEO, McAlvany Financial Group explains why gold will still bring in returns next year as demand from both investors and central banks will continue to hold up.
Gold Price Forecast for 2013: Expect Record-Setting Year
No two bull markets are ever the same, and gold is no exception.
During the last secular gold bull market in the 1970s, gold rose from $35 in 1968 all the way to $200 by late 1974.
Then the unthinkable happened. Between late 1974 and mid-1976, gold prices were cut in half, dropping from about $200 to $100.
At the time, many gold investors sold out in disgust, never to return.
But then a funny thing occurred. Gold prices started to climb again, rising from $100 in mid-1976 all the way to $800 by January 1980.
And anyone who was fortunate enough to own gold at $35 earned better than 20 times their investment in just 12 years.
Twenty-one years later, a new bull market began. Since 2001, gold has consistently performed in
HSBC Expects $1,900/Oz Gold By Year-End, Ups 2013 Forecast
HSBC said Wednesday it looks for gold prices to hit $1,900 an ounce by year-end. “The Federal Reserve’s third round of asset purchases via quantitative easing (QE3) and other central banks’ policy easing measures are measurably boosting gold-investment demand,” the bank said in an updated forecast. “For investors who expect QE3 will fail to jump-start…
What is the Fiscal Cliff?
“Fiscal cliff” is the popular shorthand term used to describe the conundrum that the U.S. government will face at the end of 2012, when the terms of the Budget Control Act of 2011 are scheduled to go into effect.
Among the laws set to change at midnight on December 31, 2012, are the end of last year’s temporary payroll tax cuts (resulting in a 2% tax increase for workers), the end of certain tax breaks for businesses, shifts in the alternative minimum tax that would take a larger bite, the end of the tax cuts from 2001-2003, and the beginning of taxes related to President
Gold vs the US Debt
Gold vs US Debt Chart
This is an interesting chart. Not only does it show graphically the fact that the Fed is increasing the size of its balance sheet by buying Treasuries in order to make up for the loss in foreign participation, but it shows the concomitant correlation of the price of gold. The orange line shows the
Is Silver the New Gold? (Infographic)
Silver is a limited commodity that’s in short supply…and high demand.
Now with the pace in which silver is climbing in value, investing experts believe that silver’s spot price could outpace the price of gold for the first time in history.
This infographic below illustrates silver’s meteoric rise and the factors that have led to it’s climb in value. Being influenced by
Will Fed’s ‘QE-Infinity’ Push Gold Up to $2,400?
BofA Analyst: Gold Will Hit $2,400 in 2 Years
Francisco Blanch, head of global commodities at Bank of America Merrill Lynch, makes a bullish call in the precious metal and lays out the risks.
“The new target reflects our view that the Fed will
Republicans Eye Return to Gold Standard
Gold Standard Idea Is ‘Nonsensical’
Ralph Silva, director at Silva Research network and Moorad Choudhry, head of treasury at the corporate banking division of RBS, described the US Republicans idea of returning to the gold standard as ‘nonsensical’ and ‘ludacris’.
The gold standard has returned to mainstream U.S. politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy.
What is the Difference between a Certified Gold Coin and Gold Bullion?
Understanding the difference between U.S. Certified Gold Coins and Gold Bullion. This video also explains
Gold Performance from the Olympic Opening Ceremonies
Danny Boyle’s Opening Ceremony for the 2012 London Olympics brought audiences on a beautifully chaotic journey through many iconic moments in modern British history. It made for an awe-inspiring beginning to the world’s most legendary event.
Ironically, while much of the world watched live as the 2012 London Olympics began, American audiences had to wait until prime-time to watch the lighting of the flames. NBC spent $1.3 billion on