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December 2019 - Year End Edition

Gold Closes 2019 on a Strong Up Move, Marking its Best Year Since 2010

Gold closed 2019 on a rise, above $1,515 per ounce, rising 18.8% for the year, locking in its best annual performance since 2010. The surge above $1,500 came on Christmas Eve as both stocks and gold staged a “Santa Claus Rally” which lasted through the end of the year.

 

 

December 2019 - Year End Edition

Gold Closes 2019 on a Strong Up Move, Marking its Best Year Since 2010

Gold closed 2019 on a rise, above $1,515 per ounce, rising 18.6% for the year, locking in its best annual performance since 2010. The surge above $1,500 came on Christmas Eve as both stocks and gold staged a “Santa Claus Rally” which lasted through the end of the year.

 

 

January 2020 - Week 1 Edition

Gold Shoots Up

Gold shot up $30 in the first two trading days of the new year following an aerial drone attack on Iran’s leading military general as he left the Baghdad airport in Iraq. Gold shot up while stocks retreated on Friday.

 

 

December 2019 - Week 4 Edition

Gold Closes 2019 on a Strong Up Move, Marking its Best Year Since 2010

Gold closed 2019 on a rise, above $1,515 per ounce, rising 18.6% for the year, locking in its best annual performance since 2010. The surge above $1,500 came on Christmas Eve as both stocks and gold staged a “Santa Claus Rally” which lasted through the end of the year.

 

 

December 2019 - Week 4 Edition

Gold Up 15.6% in 2019

Gold rose $12 in the last week and is up $25 since Thanksgiving. Silver is back above $17 after being below $17 during most of December. If gold closes above $1,441, then 2019 will be the best year for gold since 2010.

 

December 2019 - Week 4 Edition

Gold Up 15.6% in 2019

Gold rose $12 in the last week and is up $25 since Thanksgiving. Silver is back above $17 after being below $17 during most of December. If gold closes above $1,441, then 2019 will be the best year for gold since 2010.

 

December 2019 - Week 3 Edition

Gold Up 15.6% in 2019

Gold rose $12 in the last week and is up $25 since Thanksgiving. Silver is back above $17 after being below $17 during most of December. If gold closes above $1,441, then 2019 will be the best year for gold since 2010.

 

December 2019 - Week 3 Edition

When Stocks Fall Fast, Gold Usually Rises Just as Fast

I told you a few weeks ago that many millionaire investors are afraid of this stock market. I cited a survey of 3,400 millionaire investors (those with at least $1 million in investable assets) by UBS, a Swiss investment bank.

 

December 2019 - Week 3 Edition

When Stocks Fall Fast, Gold Usually Rises Just as Fast

I told you a few weeks ago that many millionaire investors are afraid of this stock market. I cited a survey of 3,400 millionaire investors (those with at least $1 million in investable assets) by UBS, a Swiss investment bank.

 

The World Gold Council recently surveyed 18,000 market participants from around the world on their beliefs about gold. They found that more than half of those surveyed in the U.S., India, Germany, and China trust gold more than currencies, and 67% of participants agreed that “gold is a good safeguard against inflation and currency fluctuations.”

 

December 2019 - Week 2 Edition

World Gold Council Survey Is Revealing

The World Gold Council recently surveyed 18,000 market participants from around the world on their beliefs about gold. They found that more than half of those surveyed in the U.S., India, Germany, and China trust gold more than currencies, and 67% of participants agreed that “gold is a good safeguard against inflation and currency fluctuations.”

 

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