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POSTED ON October 3, 2019  - POSTED IN Key Gold Headlines

During his podcast earlier this week, Peter Schiff said “the party is over” in the stock market. As if on cue, the Dow Jones is off to the worst start in a quarter since the 2008 financial crisis.

The Dow plunged 494.4 points on Wednesday, a 1.86% decline. Combined with Tuesday’s 343.7 point drop, the Dow is down more than 3% in two days. The 800-plus point slide is the worst start to a quarter since the last three months of 2008. In the fourth quarter of that year, the Dow fell 19.4%.

POSTED ON January 8, 2019  - POSTED IN Key Gold Headlines

2018 ended up as the worst year for US stocks in a decade. And last month ranked as the worst December on Wall Street since 1938. But if you owned gold, things weren’t quite as painful for you as they were for investors without any of the yellow metal. While stocks sagged, gold rallied.

In fact, gold outperformed the S&P 500 in December, through the fourth quarter, and over the entire year.

POSTED ON October 25, 2018  - POSTED IN Key Gold Headlines

Wednesday was another ugly day on Wall Street.

Stocks tanked, wiping out gains for the year in both the Dow Jones and S&P 500 Index. The Dow fell 608 points and the S&P 500 shed 3%. The Nasdaq plunged 329 points and lapsed into a correction territory. It was the largest daily decline on Wall Street since 2011.

In his most recent podcast, Peter Schiff asked a key question: will the Federal Reserve swoop in and change the nature of the game?

POSTED ON April 10, 2018  - POSTED IN Videos

Last month, US Global Investors CEO Frank Holmes said he thinks gold may well hit $1,500 this year. He listed the specter of increasing inflation, a weakening dollar, and income growth in China and India as three reasons to be bullish on the yellow metal.

This week, Holmes appeared on CNBC’s Squawk Box and continued to make a case for buying gold

POSTED ON August 4, 2017  - POSTED IN Key Gold Headlines

July was a good month for gold. The yellow metal was up 2.1% on the month, driven in large part by a weakening dollar and political uncertainty in the US. In fact, it’s been a good year for gold so far. It’s up just over 10% to date.

This is great, but we’re taking a pretty short-term view here. What do things look like if we step back and take in a broader perspective?

Excellent.

It’s been a pretty good century for gold.

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