"Gold has yet to take off in true bull market fashion, but its chart suggests that it's coming," says Mary Anne and Pamela Aden.

In their top-notch The Aden Forecast, the resource experts discuss the outlook for gold as well as some of their favorite mining stocks for investors to consider.

"Considering that the Summer months tend to be slow months, we could still see some short-term weakness.

"More important, however, is the bigger picture as gold is poised to rise during the second half of the year." Here, they discuss their outlook and some favorite ming stocks.

Continue reading The Aden sisters: Resource experts on gold

The Aden sisters: Resource experts on gold originally appeared on BloggingStocks on Mon, 27 Jul 2009 11:00:00 EST. Please see our terms for use of feeds.

Mary Anne and Pamela Aden are among the advisory world's top authorities on metals and resources.

In a recent Q&A session, the editors of The Aden Forecast answer the most common questions that they are asked by readers as to the current state and future outlook for the precious metals markets.

In addition, the sisters answer what they say is the most frequent question they receive: "What is the best way to buy gold." Here, they offer a review of five strategies for investing in gold, including their top picks among stocks, closed-end funds and ETFs.

Continue reading How to invest in gold: Q&A with the Adens

How to invest in gold: Q&A with the Adens originally appeared on BloggingStocks on Fri, 29 May 2009 11:00:00 EST. Please see our terms for use of feeds.

"As the name suggests, Royal Gold (NASDAQ: RGLD) is a royalty company, one of the larger and longest-established of such companies, with a focus on gold," says resource exprt Adrian Day.

In his Global Analyst advisory, he explains, "In my view, the stock offers a combination of growth, low risk, and high potential." Here's his look at this "golden opportunity."

"In the past year, the company has acquired two significant royalty packages, the first last year from Barrick and more recently from Teck Cominco. The Barrick package includes approximately 70 royalties.

"Even before these acquisitions, it had a solid long-term growth record, in royalties and in revenues. Its pipeline is solid, including a royalty on the large Pensasquito mine of Goldcorp; when that ramps up in 2012, it will add about 25% to Royal's revenues.

Continue reading Royal Gold (RGLD): Royal play on gold royalties

Royal Gold (RGLD): Royal play on gold royalties originally appeared on BloggingStocks on Mon, 04 May 2009 12:40:00 EST. Please see our terms for use of feeds.

You may have heard the recent calls from China for a global reserve currency that is not the dollar.

Good luck with that one. The dollar is the global reserve currency. Do not underestimate the strength of this country as compared to the rest of the world. Predictions of our demise are premature.

Continue reading Reason No. 5 to avoid gold: The dollar is the global currency

Reason No. 5 to avoid gold: The dollar is the global currency originally appeared on BloggingStocks on Sun, 19 Apr 2009 15:30:00 EST. Please see our terms for use of feeds.

For more than 20 years, the price of gold did nothing. If you invested in gold, you wasted your time. That all changed with fears of inflation and hedge fund speculation several years ago.

Today, the church of gold is full of believers. What changed?

Continue reading Reason No. 4 to avoid gold: Gold was dead for 20 years

Reason No. 4 to avoid gold: Gold was dead for 20 years originally appeared on BloggingStocks on Sun, 19 Apr 2009 13:00:00 EST. Please see our terms for use of feeds.

Related to manipulation, the simple fact is that there is a limited supply of gold.

Those who want to return to the gold standard fail to appreciate that at some point a lack of supply could have disastrous consequences in a gold-based system.

Continue reading Reason No. 3 to avoid gold: Gold is in limited supply

Reason No. 3 to avoid gold: Gold is in limited supply originally appeared on BloggingStocks on Sun, 19 Apr 2009 09:00:00 EST. Please see our terms for use of feeds.

One thing I am very afraid of with gold is manipulation.

Unlike paper currency that is impossible to manipulate in any way, gold can be accumulated by a group of connected buyers for the sole purpose of eliminating supply from the market. A successful cornering of the market can result in volatile swings in price. Unsuspecting buyers acquire bullion at higher prices only to see a flood of supply hit the market resulting in damaging price collapse.

Continue reading Reason No. 2 to avoid gold: Gold prices are easily manipulated

Reason No. 2 to avoid gold: Gold prices are easily manipulated originally appeared on BloggingStocks on Sat, 18 Apr 2009 15:30:00 EST. Please see our terms for use of feeds.

Whether it's collapsing home prices, discounts on automobiles or reductions in stock prices, asset values across the board are declining, not increasing.

The gold bulls state that enemy number-one of the dollar-denominated currency is inflation. I agree wholeheartedly, and so does the Federal Reserve.

Continue reading Reason No. 1 to avoid gold: There is no inflation

Reason No. 1 to avoid gold: There is no inflation originally appeared on BloggingStocks on Sat, 18 Apr 2009 11:00:00 EST. Please see our terms for use of feeds.

I will be very blunt: I despise gold and everything it stands for.

It's an abhorrent example of materialism and serves no real purpose. Lust for gold is over the top excess, and despite the protestations of the goldbugs, there is no real basis for the metal serving the currency needs of the world.

Continue reading Five reasons why gold is a BAD idea

Five reasons why gold is a BAD idea originally appeared on BloggingStocks on Sat, 18 Apr 2009 09:00:00 EST. Please see our terms for use of feeds.

"I think they will rush to commodity-based assets because of the serious underinvestment phase the commodity sector is involved in now. This will lead to shortages and very high prices down the road in all commodities.

"Once the dollar begins to roll over, gold will be an instant benefactor. It is already looking stronger in my technical work, and it is time that investors should have gold in their portfolios. I still recommend that you put new money into the major gold miners only.

"We are approaching an interesting seasonal period for gold. Years ago, the Stock Trader's Almanac used to specify a seasonal trade in gold.

"Their study showed that if you bought ASA Ltd. (NYSE: ASA) at its low in November and sold it at its high in the first quarter of the next year, you would have averaged a gain of 87.8%.

Continue reading Thanksgiving pattern: A seasonal low for gold?

Thanksgiving pattern: A seasonal low for gold? originally appeared on BloggingStocks on Fri, 28 Nov 2008 13:45:00 EST. Please see our terms for use of feeds.

"There's no question these are dangerous times and the financial world is in uncharted waters," caution resource experts Mary Anne and Pamela Aden.

In The Aden Forecast, the sisters offer an exceptional in-depth discussion on inflationary vs. deflationary foreces, their outlook for precious metals, and their top gold and silver positions for long-term investors.

"The global financial system is on very thin ice, teetering on collapse. Global central banks clearly are literally pulling out all the stops to revive lending and the world economy.

"Will these efforts work? Will they be enough? Those are the most important unanswered questions of the day and only time will tell, but we should know much more in the critical month or so ahead. Why?

"The Fed is spending money at an astronomical rate. It's creating this money out of thin air by monetizing bad debts and whatever else it has to. Remember, this is on top of all the other ongoing government expenses and it's extremely inflationary.

"Normally, there is a lag of about a year or so between money creation and inflation but eventually, what's recently happened will result in massive inflation, a much lower U.S. dollar and a soaring gold price.

"The bottom line is this, if the banks start to lend again, then the economy will be on the road to recovery and inflation. But we know the banks are scared and they're being extremely cautious, for good reason.

Continue reading Deflation or hyper-inflation? Gold or bonds?

Deflation or hyper-inflation? Gold or bonds? originally appeared on BloggingStocks on Fri, 07 Nov 2008 15:40:00 EST. Please see our terms for use of feeds.

"People want to own more gold when there's a perception of growing global economic and political turmoil," explain resource experts Roger Conrad and Yiannis Mostrous.

In their Vital Resource Investor, the advisor offer their long-term bullish assessment for gold as well their favorite gold mining stock: "Goldcorp (NYSE: GG).

"Every commodity bull market eventually ends when consumers permanently reduce demand with conservation and switch to alternatives, and the producers ultimately over-expand. This, however, only happens over a period of many years.

"To be sure, we've seen demand in the US drop for many vital resources, from copper to energy, as the economy has slowed. Demand from developing nations, however, remains entrenched by necessity, as these suddenly more affluent nations struggle to upgrade their vital infrastructure.

"And although we may see Chinese economic growth slow from its current off-the-chart 10% rate, that country will still face critical needs to build out its cities to meet the millions of new migrants that come every year. And that's a huge call on raw materials.

Continue reading GoldCorp (GG): 'Our favorite major'

GoldCorp (GG): 'Our favorite major' originally appeared on BloggingStocks on Fri, 05 Sep 2008 13:30:00 EST. Please see our terms for use of feeds.

"Don't sell commodities; although they have been in a bruising correction, they can also recover quite sharply," says resource expert Eric Roseman .

In his Commodity Trend Alert, the advisor adds, "And I can't think of a more undervalued gold mining company than South Africa's AngloGold Ashanti (NYSE: AU)."

"The forces of inflation and deflation are now fighting each other for the first time since 2001 and ultimately, inflation will win. For the Fed and other central banks the strategy is to rescue the global financial system from the economic abyss or deflation; that means print credit like there's no tomorrow.

"For the Fed and other central banks the strategy is to rescue the global financial system from the economic abyss or deflation; that means print credit like there's no tomorrow.

"The Fed, the ECB, the Bank of Japan and their international buddies are going to accelerate the expansion of credit to avoid a devastating deflation. Thus, I'm betting on inflation. I'm also betting on gold, my gold stocks.

Continue reading AngloGold Ashanti (AU): 'Too low to ignore'

AngloGold Ashanti (AU): 'Too low to ignore' originally appeared on BloggingStocks on Fri, 22 Aug 2008 13:58:00 EST. Please see our terms for use of feeds.

When gold was trading above $1,000 an ounce, Curtis Hesler reversed his buy signal and fortuitously warned of a seasonal pullback expected over the summer.

In his The Professional Timing Service, he stated, "Gold should settle into the cyclical and seasonal lows due in early August. Although you will hear plenty of bearish arguments as gold prices pull back, weakness will be a buying opportunity."

He now explains, "I don't think there is much left on downside for the mining shares. We will likely see the miners firm up and begin to rally before the bullion. My adice is to hold tight and exploit the fear.

"This weakness presents a final opportunity before the late summer and early fall strength returns to precious metals. The coast is clearing for gold to advance to new highs by October when its next seasonal high is due.

"Longer-term, I can't help but wonder if gold isn't anticipating the next break in the dollar. We all should be thinking about the trillions of dollars in U.S. government unfunded liabilities for Medicare, Social Security, pensions, etc. There's going to be a tsunami of dollars printed to cover all of that.

"At the top of my buy list is Kinross (NYSE: KGC). Yamana (NYSE: AUY) is an excellent diversification in the precious metals sector. Also among my favorites is Goldcorp (NYSE: GG)."

Each day, Steven Halpern's TheStockAdvisors.com offers the latest market commentary and favorite investment ideas from the nation's leading financial newsletter advisors.

Gold cycle: Seasonal low is due originally appeared on BloggingStocks on Fri, 15 Aug 2008 10:00:00 EST. Please see our terms for use of feeds.

In his Vital Resource Investor, he adds, "Indeed, gold has held its value for millenia. An ounce of gold still buys a quality men's suit, just as it did in the days of ancient Greece." Here, he reviews a trio of ideas, each for investors with various levels of risk tolerance.

Mostrous explains, "To date, Americans have never had to experience the society-wrenching events that have affected much of the world for centuries. But most of the globe's population hasn't forgotten the value of gold in times of extreme strife and social turmoil.

"And with incomes rising in many of these countries, beneficiaries have used their newfound savings to beef up their holdings. That's a trend with serious legs, particularly as Asia continues to grow.

"Then there's inflation, the ultimate debaser of all paper currencies. Despite surging energy and food prices, core inflation remains at elevated -- but still relatively moderate -- levels in most of the developed world.

"Developing world inflation, however, is a far different story. And many countries have seen sharp price acceleration across the board, including China.

Continue reading 'Vital' buys: A trio of gold favorites

'Vital' buys: A trio of gold favorites originally appeared on BloggingStocks on Tue, 22 Jul 2008 13:32:00 EST. Please see our terms for use of feeds.

"The number one reason I like gold is because of inflation -- now a big problem in the emerging markets and the major economies," says resource expert Eric Roseman.

In his industry-leading Commodity Trend Alert, he says, "One of my favorite companies in the world is Goldcorp (NYSE: GG)." Here, he looks at this gold mining firm.

"Inflation sits at a nine-and-a-half-year high in Asia at 7.5%, a 15-year high in the Euro-zone at 3.7% and in the United States it's at 4.2% -- if you believe government data in the first place. I don't. I say inflation is running closer to 10% in 2008, not 4.2%.

"The cost of living, mainly in food and energy, is now totally out of control and destroying business margins and eroding the purchasing power of consumers, especially in the emerging markets where food and energy consumption devours more than 65% of wages.

"It seems very obvious to me that Asian governments have now lost control of inflation. The same applies to the Gulf countries which peg their currencies to the dollar. And in Europe, the European Central Bank is freaking out because of high inflation.

Continue reading Goldcorp (GG): Go for the gold

Goldcorp (GG): Go for the gold originally appeared on BloggingStocks on Tue, 15 Jul 2008 15:37:00 EST. Please see our terms for use of feeds.

With gold trading down sharply from its highs, Keith-Fitzerald offers a special report on gold stocks in Money Morning, highlighting three companies that he consider to be the "very best of the best."

"Gold remains a key profit opportunity -- especially if inflation, or even stagflation, is taking hold. It should also help that economic uncertainty is escalating. However, since the economic outlook has grown more uncertain, we've decided to our recommended list down to just three picks:

"The StreetTracks Gold Trust (NYSE: GLD) is an ETF that tracks the price of gold directly, making it the simplest way to invest in the yellow metal via an ETF. And with a market cap approaching $17 billion, this fund has ample liquidity.

"Barrick Gold Corp. (NYSE: ABX) is a Toronto-based company with mostly North American production, as well as properties in South America and Africa, and some copper and zinc add-ons. It has a $38 billion market capitalization, so there's plenty of liquidity.

Continue reading Best of breed in the gold sector

Best of breed in the gold sector originally appeared on BloggingStocks on Wed, 18 Jun 2008 12:45:00 EST. Please see our terms for use of feeds.

"You must own some gold in this economic environment," emphasizes natural resources authority Larry Edelson who sees the recent setback in gold prices as "an ideal time to buy."

The editor of Real Wealth offers two "core" favorites for those seeking to invest in the sector: streetTRACKS Gold Trust (NYSE: GLD) and Yamana Gold (NYSE: AUY). Here is his review.

"Gold represents the epitome of the natural resource boom. It is the world's best barometer of inflation and financial crises. When inflation is on the rise, as it is now all over the world, gold thrives.

"And when there are financial crises, as we now have with the plunging dollar and the meltdown in the mortgage markets in the U.S. - gold gets an extra boost. Savvy investors flock to the safety of the precious metal, pushing its price even higher.

"In addition, there's more to the bull market in gold than just inflation and financial problems in the United States. Three billion new consumers in Asia are buying gold hand over fist! Previously in China, investors were not allowed to own gold. Now they can, and they are buying up gold like crazy.

Continue reading Pullback creates 'ideal opportunity' in gold

Pullback creates 'ideal opportunity' in gold originally appeared on BloggingStocks on Mon, 28 Apr 2008 10:20:00 EST. Please see our terms for use of feeds.

"The recent decline in gold from above $1,000 is prompting gold bears to say that the great gold bull market has reversed itself," says Martin Hutchinson who states, "Let me say right now: They're wrong."

In his Money Map Reporter, he explains, "Thanks to three key catalysts, we may well see gold at $1,500 an ounce this year, if not higher." Here's his outlook and a trio of ways to play this trend.

"These three catalysts - worldwide monetary policy, global supply-and-demand for gold, and gold's past performance - have already ignited a powerful rally that's virtually certain to carry gold to much higher price points, despite the breather the rally appears to be taking right now.

"Don't be fooled. Every rally needs a catalyst - something that ignites and then fuels the bullish trend. As noted above, gold has three. Let's take a look at each of them:

1. Monetary policy: More than for any other investment, gold's price depends primarily on the world's monetary policy. When monetary policy is loose, as it was in the 1970s, gold prices soar. When it is tight, as in the 1980s, prices decline sharply.

Continue reading Trio of catalysts set to boost gold

Trio of catalysts set to boost gold originally appeared on BloggingStocks on Mon, 14 Apr 2008 13:30:00 EST. Please see our terms for use of feeds.

When gold recently moved above $1,000 the Aden Forecast presciently noted that the metals were overbought and forecast a "well deserved breather" for the precious metals.

Now, with the setback in metals prices, Mary Anne and Pamela Aden explain, "We can't stress enough that you should stay invested in the major uptrend, which still has years to run. Don't get left behind or shaken out." Here is their outlook on metals and some favorite mining stocks.

"Are commodities the new bubble? Have they replaced the real estate bubble, which replaced the
tech stock bubble, as investors move from one bubble to another? It sure looks like it.

"But the big difference is that this metals and commodities bubble has a lot further to go. Why? Basically, the perfect storm has been gathering and it's going to fuel a mega rise that will likely last for years to come.

"Most important is China and other growing nations, which are keeping demand and prices super strong. China's growth has been astounding at over 9% each year for more than 25 years. During that time, China has lifted 300 million people out of poverty and it's quadrupled the average income.

Continue reading Aden sisters: 'Don't be shaken out of gold'

Aden sisters: 'Don't be shaken out of gold' originally appeared on BloggingStocks on Tue, 08 Apr 2008 11:37:00 EST. Please see our terms for use of feeds.