January 2016- Week 4 Edition
Gold rose another $10 last week and silver rose above $14 again. On Monday morning, January 25, the London gold price fix came in at $1103.70, the first closing above $1100 since $1106 on November 6 (i.e., $1106 on 11-06). Monday’s New York opening surpassed that number at $1108, the highest reading in nearly three months. The Dow Jones stock index is down 7.6% so far in 2016, so gold retains a double-digit advantage over stocks (+4.3% vs. -8.1% = a 12.4% gold advantage). The stock market’s “January Barometer” says that “so goes January, so goes the year, so this might be the year of falling stocks and rising gold, too.
January 2016- Week 3 Edition
Gold is holding on to most of its early-2016 gains while the stock market has fallen sharply. Gold is up 2.5% so far in 2016 while the Dow Jones index is down 8.3% and some of the more volatile stock market indexes are down 10% to 12%. China’s Shanghai index is down over 20% since late December. Part of gold’s strength comes from the weakness of the U.S. economy and the threat of deflation.
January 2016- Week 3 Edition
Gold is holding on to most of its early-2016 gains while the stock market has fallen sharply. Gold is up 2.5% so far in 2016 while the Dow Jones index is down 8.3% and some of the more volatile stock market indexes are down 10% to 12%. China’s Shanghai index is down over 20% since late December. Part of gold’s strength comes from the weakness of the U.S. economy and the threat of deflation.
January 2016- Week 3 Edition
Gold is holding on to most of its early-2016 gains while the stock market has fallen sharply. Gold is up 2.5% so far in 2016 while the Dow Jones index is down 8.3% and some of the more volatile stock market indexes are down 10% to 12%. China’s Shanghai index is down over 20% since late December. Part of gold’s strength comes from the weakness of the U.S. economy and the threat of deflation.
January 2016- Week 3 Edition
Gold is holding on to most of its early-2016 gains while the stock market has fallen sharply. Gold is up 2.5% so far in 2016 while the Dow Jones index is down 8.3% and some of the more volatile stock market indexes are down 10% to 12%. China’s Shanghai index is down over 20% since late December. Part of gold’s strength comes from the weakness of the U.S. economy and the threat of deflation.
January 2016- Week 3 Edition
Gold is holding on to most of its early-2016 gains while the stock market has fallen sharply. Gold is up 2.5% so far in 2016 while the Dow Jones index is down 8.3% and some of the more volatile stock market indexes are down 10% to 12%. China’s Shanghai index is down over 20% since late December. Part of gold’s strength comes from the weakness of the U.S. economy and the threat of deflation.
January 2016- Week 2 Edition
Gold is up 4% in the first week of 2016 while the stock market is down 6%, a 10% swing in one week. As we’ve been saying for several years now, it doesn’t take much to wake up the investment community to the danger of the stock market vs. the long-term security of gold.
January 2016- Week 2 Edition
Gold is up 4% in the first week of 2016 while the stock market is down 6%, a 10% swing in one week. As we’ve been saying for several years now, it doesn’t take much to wake up the investment community to the danger of the stock market vs. the long-term security of gold.
January 2016- Week 2 Edition
Gold is up 4% in the first week of 2016 while the stock market is down 6%, a 10% swing in one week. As we’ve been saying for several years now, it doesn’t take much to wake up the investment community to the danger of the stock market vs. the long-term security of gold.
January 2016- Week 2 Edition
Gold is up 4% in the first week of 2016 while the stock market is down 6%, a 10% swing in one week. As we’ve been saying for several years now, it doesn’t take much to wake up the investment community to the danger of the stock market vs. the long-term security of gold.
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