Real values … real opportunities … and real money …
Larry Edelson (December 12th, 2008) Writes:
Larry Edelson (December 12th, 2008) Writes:
Larry Edelson (November 21st, 2008) Writes:
Contrarian Profits (November 14th, 2008) Writes:
There wasn’t a lot of activity in Thursday’s trading in gold in the Far East. However, at 3:00 a.m. New York time, there were some signs of life…but even the slightest attempt at a rally was met by equal bouts of selling. This ‘up-down-up-down’ activity went on for eight hours.
But shortly after the London p.m. fix was in, a serious seller showed up and took both gold and silver down to their respective lows of the day. Then, at precisely 1:00 p.m., G-Dubya opened his mouth…and one of the biggest turnarounds in gold, silver…and the stock markets…took place. The prices of both metals continued higher into after-hours trading on the Globex. Once again, these rallies in gold and silver looked like short covering to me. But, regardless of the cause of the price rises, the precious metals stocks did equally as well. Volume was only so-so in both metals.
Gold open
...
Sean Brodrick (September 25th, 2008) Writes:
but there are such things as successful
blackmailers.I've
heard this financial bailout called TARP for "Troubled Asset Relief
Program", and I've also heard it called MOAB -- The Mother of All
Bailouts. Whatever you want to call it, $700 billion is a lot of money.
Unfortunately, I don't think it will solve the problem.Why?
Because the crisis on Wall Street is not a liquidity problem as Paulson
is saying. Instead, the real problem is massive deleveraging. This is
not caused by lack of liquidity, but by risk aversion. In other words,
investors no longer want to put their money into risky investment
vehicles.Throwing
$700 billion of taxpayers' money at that ...
CEO Blogger (August 21st, 2008) Writes:
viastockadvisors
“Despite the expected pullback in oil, we’re as bullish as ever,” notes Larry Edelson, editor of Real Wealth. Here, he looks at Canadian pipeline operator, Enbridge.
Track Real Wealth’s picks at:
http://trackthepros.com/categories.php?category_id=1431
“Crude oil futures recently hit a three-month low after the Energy Department reported a surprise jump in oil stockpiles and weakening demand in the United States. This led to a much overdue pullback in oil prices.
“No surprise. I’ve been expecting a sell-off, one that should bring oil down to the $107 level — before the next leg up begins. However, I remain as bullish as ever on oil.
“Demand will bounce back, growth in China and India continues, and the dollar, despite its recent rally, remains in a long-term bear market. So once this pullback is over, I expect oil to resume its bull market. My $200 target stands firm.
“Meanwhile, Enbridge Inc., Canada’s No. 2 pipeline company, recently reported its
...
Mike Larson (June 6th, 2008) Writes:
Larry Edelson (May 22nd, 2008) Writes:
The Giant Stealth Bear Market
by Larry Edelson Last year, when the Dow was hovering near its all-time high of 14,198, I issued my forecast that the next big move in the stock market would be a sharp decline to 11,600.
On January 22 of this year, the Dow hit 11,634.82. Since then, it’s been seesawing up and down, gyrating wildly, yet with an upward bias, reaching as high as 13,136.69 on May 19.
What gives with the Dow Jones Industrial Average? How about the S&P 500? And the Nasdaq?
Where are these indexes headed? With all the terrible news on the U.S. economy, why hasn’t Wall Street crashed in one giant bear market? Could it be that rather than falling …