Tag Archive: diversify

The Market Could Have Further to Fall Before Finding a Bottom

The gold market s lower again today as some surprising economic data has caught the markets off-guard. In recent trade, spot gold was down nearly $7 per ounce at $1454.60 for the day. The market has continued to hold above support in the $1450 area, but another test of this area could potentially lead to a fresh leg lower in value. The market could even look to test the $1400 region before finding more willing, long-term buying interest. And that is just fine… The market... Continue Reading

Category |

$5,000 Gold Rally in the Next Few Years?

It’s no secret that numerous billionaires and finance heavy weights have an affinity for gold. According to a recent article from Kitco.com, billionaire Thomas Kaplan can also be added to the list. The chairman and chief investment officer of Electrum Group reportedly said in a recent interview with Bloomberg that the gold market is on the cusp of a new decade long bull market. In the interview, Kaplan reportedly suggested that the price of gold could hit $3000 to $5000 per-ounce in the next decade... Continue Reading

Category |