Gold stocks have historically ranked among some of the most volatile asset classes. Over any given one-year period, it is a non-event for gold stocks to move plus or minus 38 percent. This DNA of volatility is about three times that of gold bullion, which carries an annual volatility around 13 percent.
[Read more...]Can Gold Go Higher?
September 5, 2010 By Leave a Comment
I've done a number of interviews on gold recently and the number one question I get most from reporters is—can gold prices go higher?
My answer is yes.
Traffic Jam on the Superhighway
August 21, 2010 By Leave a Comment
There's growing congestion on one of America's highways and reports say the problem will only get worse. In just the past few years, America's technological network—our information superhighway—has gone from hare to tortoise. Dropped calls, Internet outages and surfing at a snail's pace now seem to be commonplace.
[Read more...]Gold and Deflation
August 17, 2010 By Leave a Comment
I have been speaking and writing about gold's appeal in a deflationary environment – this is a concept that opposes the conventional opinion that the gold price will not rise without inflation.
Those who cling to that singular gold-inflation relationship have not examined the history of gold as money. Whenever there is substantial inflation or deflation, governments tend to either be too slow to react or they overreact with policies, and this is typically good for gold.
[Read more...]Ready, Set, Gold! Best Months Are Just Ahead
August 9, 2010 By Leave a Comment
Global economic conditions are now favorable for gold as a safe-haven investment. The U.S., Western Europe and Japan are close to buckling under the weight of their sovereign debt loads, government budget deficits remain large and persistent and, as a result, faith in major paper currencies is low.
[Read more...]The Next Big Emerging Markets?
August 3, 2010 By Leave a Comment
When countries get grouped together for economic or political purposes, an acronym or other shorthand device is soon to follow. OPEC, EU and G7 are a few of the old standards, while G20, PIIGS (European nations with dangerously large sovereign debt burdens), and of course BRICs are newer examples.
[Read more...]Seeing the Good and Bad in Latin America
July 28, 2010 By Leave a Comment
Global Strategist Jack Dzierwa is just back from an extensive research trip across Latin America. In addition to checking on agricultural prospects in Brazil (detailed here: Brazil Feeds the World), Jack traveled to Chile and Argentina. There he found two very different stories – one good, the other not.
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It May Take a Dragon to Breathe Fire Into Markets
At the Cambridge House’s Vancouver Resource Investment Conference this week, I am part of a special debate on whether China will boom or bust with bestselling author Gordon G. Chang. The title of Chang’s book, The Coming Collapse of China, states his position quite clearly and I look forward to the intellectual challenge of convincing him otherwise.
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