Tag: penny stock gold miners
Whats Next For Gold?
As the price of gold approaches its 200-day moving average, its time to decide what direction the precious metal is headed. You see, the 200-day average is a key technical level. Its highly likely gold will take a clear directional path once it moves away from the mean. So, is the yellow metal currently […]
Which Is The Better Investment: Gold Or Oil?
Its been an intriguing year for commodities. Over the summer, corn and other grains dominated the headlines with record high prices due to a historically severe drought. Natural gas also has gotten a lot of attention after finally reversing its steep drop. But, no commodities are more widely followed than gold and oil. As you […]
Has Gold Lost Its Luster?
Like many other analysts (and investors), Ive been waiting for gold to make its move higher. After all, with all the global event risk out there, youd think the worlds most popular safe-haven investment would be highly sought after. Theres the European debt crisis to contend with. Iran is rattling its sabers once again. Chinas […]
How To Make Money In A Down Market
Theres no doubt about it its been a rough month. In fact, the S&P 500 was down a whopping 6% in May. Even commodities got hit hard, down 9% for the month. Even as I write this, the market is cratering and has given up all gains for the year. To be frank, the […]
Why Gold Is Heading Lower
Golds had an epic bull run over the past seven years. The precious metal rallied from just $400 an ounce, to reach a high of over $1,900 in September of 2011 a gain of over 380%! But to quote literary legend Robert Frost, So dawn goes down to day. Nothing gold can stay. And so […]
Has Golds Luster Returned?
Gold is back. Well, it never really went away. The shiny metal just took a brief hiatus from the spotlight. But if the recent surge in price is any indication, gold is once again front and center in investors minds. So whats going on with the precious metal anyways? Ill get back to that in […]
Commodity Roundup: How Are Commodities Holding Up?
Its been awhile since weve checked in on the commodities markets. Lets take a look at some of the best and worst performers so far this year. And of course, well discuss how these winners and losers could impact penny stocks. Lets start with the big winners Gold: Despite golds significant selloff over the last […]
