Tag: invest in gold

John Hathaway: Fed to Print More Money & Gold to Hit New Highs

Four decade veteran John Hathaway, told King World News that he has never seen these types of extraordinary opportunities in the market.  The prolific manager of the Tocqueville Gold Fund said the gold market is very close to a bottom and it will soon turn and head to new all-time highs.  Here are the critical observations by one of the most extraordinary 5-star rated Morningstar fund managers:  “What I think we’ve been through here is a lengthy correction from the peak of last August, when gold rose to above $1,900 an ounce.  We’ve had a couple of debt ceiling increases since then.  The fundamental issues continue to be what they were last […]

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Cambodia, Once Secret, Is Now Open for Business

Resource investors are always looking for the next untapped region and Richard Stanger thinks he has found it. President and founder of the Cambodian Association of Mining and Exploration Companies, Stanger has been working to get the word out about Cambodia, a growing, stable country with the right geology for some big discoveries. In this exclusive interview with The Gold Report, Stanger gives an insider’s view of the secrets to investing in Cambodia and explains why he’s expecting a land rush. Companies mentioned: ANGKOR GOLD CORP. – BRIGHTON MINING GROUP LTD. – INDOCHINE MINING LTD. – RENAISSANCE MINERALS LTD. – SOUTHERN GOLD LTD. The Gold Report: Cambodia’s gross domestic product (GDP) is roughly $13.2 […]

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Robert Fitzwilson: We Are Witnessing The Largest Financial Bubble In History

With continued volatility in global markets, 40 year veteran, Robert Fitzwilson wrote this exclusive piece for King World News.  Fitzwilson is founder of The Portola Group, one of the premier boutique firms in the United States.  Here are Fitzwilson’s observations:  “In our opinion, the beginning of the dot-com bubble started with the Netscape IPO in the mid-1990s. Prior to Netscape, companies had to have a track record of earnings and cash flows before going public. It was normal to receive a prospectus or two per week prior to the Netscape IPO. Afterwards, it became a flood, almost a daily occurrence to have prospectuses arrive at our research department.” Robert Fitzwilson continues: […]

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Why This Gold Miner Has Considerably Outperformed The Sector Since 2008

New Gold (NGD) and its world class gold/copper project El Morro partnered with mining titan Goldcorp (GG) has decided to commence construction of one of the world’s largest gold-copper projects after the Chilean winter. Quoting Randall Oliphant, Chairman of NGD, “”Our 30 percent interest in El Morro positions us very well as we have a meaningful share of this great project, with a proven mine developer and  operator as a partner and a favorable financing arrangement that carries us through production.” China is easing financial and fiscal policies for at least the first 6 months of this year.  This action is letting the world financial markets know that carefully chosen mining equities are […]

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RISK OFF Trades hitting the Commodity Sector

RISK OFF Trades hitting the Commodity Sector

Investors/traders are growing increasingly concerned about an overall global economic slowdown. This morning’s Retail Sales number had temporarily cheered them with higher equities coming in on that news but then the fall of the NAHB housing market index (the first in seven months I might add) soured them rather quickly and led to increased selling pressure being seen in the broader equity markets as well as the commodity complex. Even gasoline has thus far not been immune to the pressure. The result of this has seen the CCI moving back towards the critical low made late last year. You might recall that as the year 2011 wound down, many speculators […]

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