Submitted by Gold Stock Prophet Blog
Two posts ago, I mentioned that the asset class that would likely perform well for the next several years would be physical resources. Not resource stocks, but physical resources, in your possession. This post will discuss how to go about doing that.
For the last 3 years, I have been […]

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Written by Michael Vass
Gold has hit $921 and the U.S. House of Representatives has passed a $146 billion stimulus package. The Fed is set to cut rates another .50 basis points, or so the world hopes, and financials are rising in the stock market.
So the run in gold and gold stocks is over? Not necessarily.
The […]

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Written by Michael Vass
So where does gold, and gold stocks, go in this new market of overnight rate cuts? Yesterday the American stock market was closed for the Dr. Martin Luther King holiday, but the rest of the world markets dropped like rocks. Europe was down almost 7% in each nation, China dropped 5.5% and […]

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Is Gold at the top? Perhaps. Are we poised for a correction in Gold stocks? Possibly. However, will gold prices correct anytime soon? Not very likely.
Here’s a 5 year gold chart courtesy of Kitco.com.

In a falling rate and falling U.S. dollar environment, these factors work well in gold’s favor. I was also recently reading an […]

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Written by Michael Vass
So gold continues to rise. And as this incredible run continues, the call for it to end abruptly increase. Many have stated that they see this as an aberration. That none of the factors in the market support such a strong and steady rise. Fear is moving along with the price, as […]

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Written by Michael Vass
Recently I saw some interesting news discussing the growth of gold stocks amid the significant rise in gold spot prices.
“We believe that 2008 continues to be a volatile year for gold based on its late 2007 activity and early start to 2008 with increased sensitivity to geopolitical tensions (Pakistan, Iran) and […]

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Written by Michael Vass
It’s amazing what can happen in 30 days. In virtually a single month there have been dramatic changes in the world, and in the world markets. Not least of these events has been the change in price of gold. What follows next will be interesting.
Back on December 6th 2007, I stated that […]

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