In October 2019 the US Federal Reserve Bank announced that instead of shrinking its balance sheet by $50 billion a month it is now PRINTING $60 billion worth of money extra per month!
That's right… The bank was in the process of unwinding the nearly $4 trillion worth of money it printed to get the US economy going following the 2008 financial crisis.
Now it is printing more money each mo... ››› more
Did you know since the start of the year, gold has risen to just about 16%.
It's been a great year for not only investors, but for us traders as well.
In fact, this year alone with Red Hot Storm Trader, we've managed to bank three out of four winners on Anglo Gold with the gold rise including…
• January 2019: + 47.77%
• February 2019: + 41.10%
• July 2019: + 34.97%
• Sept... ››› more
Right now there's one sector I'm particularly excited about on the JSE.
I recently banked a 150%+ gain from a share in less than 4 months in this sector, and I believe it has only started running.
I'm talking about Gold…
And while the shiny metal itself has delivered investors very good returns over the years, right now gold miners are in an even better position to profit.
Let me... ››› more
Two weeks ago I posted an article where I made a prediction on where gold is more likely to be going next.
The target I said was $1,550. At the time gold was trading at $1,305 an ounce.
If you missed it, you can catch up at the end of the article.
Since then, I've been overwhelmed by the number of questions you've asked me about this article.
Whether I'm checking emails, presenting at ... ››› more
If you want exposure to gold in your portfolio, one option you have is to invest in gold-backed exchange traded funds (ETFs).
So how do these ETFs work? And what should you look at if you want to invest in such an ETF?
Let's take a closer look…
How a gold-backed ETF works
Gold-backed ETFs are ETFs you can buy that give you exposure to physical gold.
The prov... ››› more
NewGold exchange traded fund (ETF) tracks the spot price of gold. The ETF has a listing on the Johannesburg Stock Exchange…
Full name: NewGold ETF
Short name: NEWGOLD
Ticker: GLD
Sector: JSE listed funds
Five top facts about NewGold ETF
Fact #1:
ETFs are passively managed funds, which aim to track the performance of an underlying index or, in this case, the price of a precious me... ››› more
Holding a minimum of 5% of your portfolio in physical gold is a great way to add diversification to your portfolio.
If you want to buy physical gold, but don't want to look after it yourself, one option you have is investing in a gold exchange traded fund (ETF).
So how do these ETFs work? And how can you invest in them?
Read on to find out…
How gold ETFs work
If you’re lookin... ››› more
Standard Bank AfricaGold exchange traded fund (ETF) tracks the rand value of gold. The ETF has a listing on the Johannesburg Stock Exchange…
Full name: Standard Bank AfricaGold ETF
Short name: AfricaGld
Ticker: ETFGLD
Sector: JSE listed funds
Five top facts about Standard Bank AfricaGold ETF
Fact #1:
Exchange traded funds (ETFs) are funds listed on the stock market, which are pas... ››› more
Many investors like to hold a small portion of their investment portfolio in gold.
It acts like a kind of investment insurance. If the market crashes, gold tends to benefit from its safe haven status and this can provide stability to your portfolio.
So what's the best way to invest in gold?
Read on to find out…
How to invest in gold
When it comes to investing in gold, to gain ... ››› more
When it comes to the gold price, India calls the shots.
You see, the world's second largest population demands the metal more than most countries.
Just take a look at how much gold they've hoarded...
India owns about 34,170 tons of gold and the estimated gold mined throughout all of history is just 167,550 tons.
In other words, India owns 20% of all the gold ever produced.
And its a... ››› more
If you want to invest in physical gold, you have a number of options open to you. Here are two great ways you can easily invest in the yellow metal. So what are these options to buy gold? Let's take a closer look…
Buying gold option #1: Kruger rands
One of the easiest ways to buy gold is to buy Kruger rands. You can do this through a variety of dealers in South Africa. It’s very simple to ... ››› more
After staging a slight comeback earlier this year, the price of bullion is struggling. Rising tensions in Ukraine initially helped the gold price, but a stronger dollar is putting the pressure on its price. Not only that, a survey suggests the price of gold is set to fall further as demand for the yellow metal wanes. Let's take a closer look at what's going on with gold.
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With the Oscar Pritorius trial dominating the news at the moment, many people haven't noticed that there are some pretty big things happening around the world…
One of these is the fact that the old world super powers are flexing their muscles in a squabble over Crimea.
Simply put, there is a large portion of Russians living in Crimea who want to belong to Russia. But the western world is w... ››› more
Confusion reigns on the gold battlefield.
The gold bulls are calling a bottom in the metal price. John Paulson, hedge fund billionaire and the holder of the biggest share of the world's largest gold ETF is holding onto his gold for a recovery in the metal.
But at the same time, the gold bears are saying the fall isn't over yet. Banking giant, Goldman Sachs and Barclays have gone on record sa... ››› more
The price of gold hasn't been looking too good for the last few months.
Gold miners have been struggling and mines have been closing down.
Vicious labour strikes have been making gold mining a risky and uneconomical endeavour.
With all that going on, many investors are considering getting rid of their gold.
Before you do, there is one thing you need to know...
Find & Follow me... ››› more
The yellow metal's been through a tough time over the last few months. Last month, the gold price plummeted to levels not seen for nearly three years. But over the last two days, gold has been climbing higher. Let's see what's going on…
Earlier today, the gold price added the “most in a week” after China released its inflation data, reports IOL. The data was higher than expected for June. ... ››› more
If you want to include gold in your portfolio, but don't want the hassle of having physical gold to look after, read on. Today, you'll discover an investment vehicle that makes it easy to add gold to your portfolio…
If you fancy having gold as part of your investment portfolio, but don’t want the hassles of looking after it, gold bullion securities could be right up your street…
Gold bu... ››› more
Gold prices dropped to a new two-year low this week. As a result, global investors have lost confidence in all things gold and gold exchange-traded funds (EFTs) have seen a drop, too. But South Africa's New Gold ETF hasn't followed suit - in fact, it's actually seen a rise in interest!
Yesterday, precious metals recovered from a two-day sell-off‚ with the gold spot price up 3.05%, says... ››› more
There are fears that Sibanye Gold's Beatrix mine near Welkom will go under. This is because there's talk of retrenchments as the mine remains unprofitable following a fire underground almost two months ago. Investors have panic on the news and have started to pull out of their gold investments. Here's why you shouldn't follow suit…
An underground fire at Sibanye Gold's Beatrix mine... ››› more
While Europe digests the latest Cyprus bailout there is one thing I can guarantee you..
The European debt crisis isn't going away anytime soon!
Politicians have notoriously taken very long to decide on policies and even longer to deliver results when it has come to the financial crises of the last five years.
While all this jousting continues the world is left at the mercy of its politicians.... ››› more