Morgan Stanley predicts that the federal reserve will issue QE4 and print money to infinity. This will boost the stock market, gold prices and oil prices, but it will devalue the U.S. currency.
This Month is a wild month for gold and silver investors. The Federal Reserve Chairman Ben Bernanke decided to extend the QE3 money printing with no end date. This means that the government will print more U.S. currency and will further buy more and more mortgage backed securities. This has resulted in gold and silver prices moving higher.
Many people are interested in investing in Gld Stocks recently. This is due to the forecasts from top investors who are expecting a huge surge in gold.
When gold prices rise, then the gold companies earn more revenue, and therefore this results in rising gold prices. That is why gold (gld stocks) appear to be very appealing to investors.
There are several way to invest in gold stocks. There are gold mining companies, gold companies and Gold Company mutual funds. There are also gold ETFs, which are gold exchange traded funds. If you are interested in investing in gold, you may be wondering which gold investment is the best.
Our interest in gold started with the advise of a leading economic forecaster. He has been warning of a economic meltdown throughout the worlds financial system. This will systematically lead to a devaluation of the U.S. dollar. The U.S. dollar value has an inverse relationship to gold and silver prices. That is why forecasters are expecting a surge in gold stock prices.
Currently, many people are wondering why gold stock prices seem to be stagnant. There are many investment forecasters who believe that the value of gold and silver prices as well as gold stocks are being manipulated by insiders who do not want the population to be aware of the instability of the U.S. dollar.
The Philadelphia Gold & Silver Index (XAU). The Philadelphia Gold and Silver Index is an index of 16 gold and silver mining company stocks that is traded on the PA Stock Exchange.
Two of the larger gold stocks are very well known – Barrick Gold (ABX) and Goldcorp (GG). As for silver company stocks, Pan American Silver (PAAS) is also a stock that is being watched by large investors as a possible good investment.
According to reports, China became a huge buyer of gold in early 2012. Gold purchases from China climbed to a new record high during the 1st quarter of 2012.
There are many forecasters that say that the gold and silver prices will boom will last for another decade. Over the past 10 years gold price has gone from $400 an ounce all the way up to $1900 an ounce. This is due to the fears of a collapse of the United States dollar. Experts also believe that this rise in gold price and silver prices will skyrocket the earnings of gold and silver companies.
Financial Report News:
GLD exchange traded fund moves higher due to reports of more money printing.
Omega Juicer reports revenue increase.
Hurom Slow Juicer merges with company to sell crock pots.
Gold price charts reflect money supply increases that impacts commodity pries.
One reputable forecaster from the International Forecaster recommends investing 30% of your money in actual gold bullion coins and the rest in gold mining stocks. He believes that gold mining stocks can actually rise around 1000% over the next couple of years. Investors like Jim Rogers are investing in farm land, energy and commodities. He believes oil prices will rise to $200 over the next decade.
Here is a list of some of the gold company stocks:
|Barrick Gold Corp||NYSE: ABX|
|Agnico Eagle Mines Ltd||NYSE: AEM|
|Anglogold Ashanti Ltd||NYSE: AU|
|Yamana Gold Inc||NYSE: AUY|
|Compania de Minas Buenaventura||NYSE: BVN|
|Freeport-McMoran Copper & Gold Inc||NYSE: FCX|
|Gold Fields Ltd||NYSE: GFI|
|Goldcorp Inc||NYSE: GG|
|Randgold Resources Ltd||NASDAQ: GOLD|
|Harmony Gold Mining Co Ltd||AMEX: HMY|
|Kinross Gold Corp||NYSE: KGC|
|Newmont Mining Corp||NYSE: NEM|
|Pan American Silver Corp||NASDAQ: PAAS|
|Royal Gold Inc||NYSE: RGLD|
|Silver Wheaton Corp||NYSE: SLW|
|Silver Standard Resources Inc||NASDAQ: SSRI|