Gold hit two historic milestones in 2008. First, in early March, the “yellow metal” hit its all-time high of $1,030 an ounce. Just three months later, the price of gold for December delivery had plummeted to $681 an ounce, a 21-month low and 33.9% drop from its record high. Most gold bugs were equal parts puzzled and broken-hearted.

The world’s stock markets tanked, as did some of its biggest economies. In such an environment, they thought, gold should have risen. After all, gold is widely considered to be a safe-haven investment when everything else is spiraling south.

However, Money Morning Contributing Editor Martin Hutchinson – an investment banker with more than 25 years’ experience on Wall Street and a leading expert on the international financial markets – understood perfectly what other investors did not.

“Gold is not a safe haven against recession,” said

...

William Patalon III says the US economy is heading into recession, and there is little the Fed or Treasury can do to stop it.

But that doesn't mean contrarian investors can't make a profit. History is littered with examples of investors that made a fortune during the darkest days for the economy.

William has a four-point plan to beat the bear this time round: 1) Load up on high dividend stocks; 2) Buy gold; 3) Stick to 'global titan' companies; and 4) Stay relaxed...

Three unlikely catalysts have been driving the U.S. economy off a cliff. This FREE report tells you how long the U.S. economy will suffer before it recovers… That sound you hear… it’s millions of Americans cracking their nest eggs. Inflation is at a 27-year high while personal incomes are down 1.6% from last month. And the results are twofold: We have less money to spend. And we’re spending more for less. Worse, that’s just one reason why one Wall Street analyst believes we’re "facing the prospect of a depression and the end of the American Dream." This exclusive report reveals the two other economy-crashing catalysts and how they will drive the U.S. into recession. More importantly, it also gives four ways any investor can protect their money - even profit - before and during the fallout. It’s a must-read for anyone who owns property, stocks or is just plain ...

Over the weekend I wrote that Suncor Energy (NYSE:SU) was looking good, that stock is up 15% since Monday.  The Masters and Flav have been pimping gold since it dove under $800. Yamana (NYSE:AUY) is up 11% over the last 5 days, ...

RBC Capital Markets out with some bullish ratings on Yamana Gold Inc. (NYSE:AUY) and Goldcorp (NYSE:GG).  Gold is down this morning to just above $800, yet the analysts ...

Yamana Gold Inc. (NYSE:AUY) is a favorite of the Masters and with shares at $13.84, its worth a look. Gold has inched its way back up to over $900 an ounce thanks to a tanking stock market. Thanks to Yamana's developing Chapada mine in Brazil, the company lowered this year's production forecast after ...

Below is this week’s list; another week heavily dominated by energy names - natural gas and coal leading the way… as always

Market capitalization of $2B +
Average daily volume 100K+
Stock price $10+
Return past week 8%+

We own names in green; we have owned or discussed names in blue

Symbol
Company Name
% Price 1 Week

CLR
Continental Resources Ord Shs
21.3

WTI
W&T Offshore Inc
20.6

ARG
Airgas Inc
20.2

EAC
Encore Acquisition Co
19.0

GLBL
Global Industries Ltd
17.8

AU
AngloGold Ashanti ADR
17.5

CRK
Comstock Resources Inc
16.9

FTI
FMC Technologies Inc
16.5

ATVI
Activision Inc
16.5

OCR
Omnicare Ord Shs
15.9

PCX
Patriot Coal Corp
15.7

ANR
Alpha Natural Resources Inc
15.7

DRS
DRS Technologies Inc
15.6

OGZPY
Gazprom Rep 4 Ord Shs ADR
15.6

ME
Mariner Energy Ord Shs
15.3

NOV
National Oilwell …