"I do believe a lot of fundamentals and technicals and time-cycle indicators are now pointing to an up-trend in gold," says Mike Turner.

The editor of Mastering the Markets explains, "As such, my latest recommendation is to buy the SPDR Gold Trust (GLD), a gold ETF that tends to reflect one-tenth the actual price of gold.

"My proprietary forecasting software system indicates that GLD could stay relatively flat for the next three weeks before beginning a rather sharp upward trend. The uptick in my indicators suggests that this could be the start of the more significant uptrend for August.

Continue reading Three Reasons to Buy SPDR Gold Trust (GLD)

Three Reasons to Buy SPDR Gold Trust (GLD) originally appeared on BloggingStocks on Thu, 05 Aug 2010 10:30:00 EST. Please see our terms for use of feeds.

"You need to be prepared for the possibility of a correction in gold," says resource specialist Curtis Hesler, who adds, "Looking at the long term, however, gold will probably double from current levels."

The editor of The Professional Timing Service explains, "As such, the key is to buy fear and sell comfort. Here we look at a trio of favorite closed-end funds invested in the metals sector.

"Gabelli Global Gold and Nautral Resources & Income (GGN) s a closed-end fund investing in a variety of tangible asset plays.

Some 90% of their holdings are in equities, which are balanced about 32% in energy and 58% in metals and mining. They also hold convertible bonds in these two sectors.

Continue reading Pro Timing's Top Gold and Resource Funds

Pro Timing's Top Gold and Resource Funds originally appeared on BloggingStocks on Wed, 04 Aug 2010 12:30:00 EST. Please see our terms for use of feeds.

In The Aden Forecast, the Aden sisters explain, "Gold and silver recently moved well into record high territory, and it looks like they are poised to head even higher.

"Most impressive, gold's leading indicator still has room to rise further before it reaches the high area. This tells us that gold's current C rise is very strong and it's now likely headed to our next target level near $1200. Meanwhile, December gold will remain super strong above $1,020.

Continue reading Gold and silver favorites from resource experts

Gold and silver favorites from resource experts originally appeared on BloggingStocks on Tue, 20 Oct 2009 19:40:00 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.

"Founded in 1958, ASA Ltd. (NYSE: ASA) is a boutique investment management firm that specializes in precious metals stocks," notes Nathan Slaughter.

The editor of The ETF Authority explains, "Among actively-managed funds in this niche, ASA has earned a best-in-class reputation." Here's his review.

"The portfolio only holds about 20 stocks, but shareholders will have a stake in most of the industry's heaviest hitters. The list represents major players from South Africa to Latin America.

Continue reading ASA Ltd. (ASA): 'Best in class' in precious metals

ASA Ltd. (ASA): 'Best in class' in precious metals originally appeared on BloggingStocks on Wed, 15 Apr 2009 14:00:00 EST. Please see our terms for use of feeds.

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

"Gold has outperformed nearly all other investments over the past few years," says Mary Anne Aden in The Aden Forecast. Here, the resource expert looks at her favorite play in the sector.

"It appears as though this trend for gold's outperformance will continue in the years ahead. Why?

"According to Bloomberg, the total amount of money provided by the U.S. government to rescue the financial system over the past year and a half has been $7.4 trillion.

"That amounts to $24,000 for every man, woman, and child, and it's totally unprecedented. All of this money will eventually fuel inflation and gold is the number one inflation hedge.

"Currently, President-elect Obama and his team are busy working on how to get the economy moving again. This is their top priority and one plan involves the largest infrastructure investment since the 1950s when all of the super highways were built. This will provide jobs and it'll hopefully help spur the economy.

Continue reading Top Stock Picks '09: SPDR Gold Trust ETF (GLD)

Top Stock Picks '09: SPDR Gold Trust ETF (GLD) originally appeared on BloggingStocks on Sun, 11 Jan 2009 09:00:00 EST. Please see our terms for use of feeds.

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

"As my favorite stock for 2009, I recommend that investors buy the SPDR Gold Trust (NYSE: GLD), a gold exchange-traded fund," says international investing specialist Vivian Lewis.

In her Global Investing newsletter, which focuses on ADR and other global issues that trade on U.S. exchanges, the advisor explains, "I think every portfolio needs an inflation hedge in a period of unbridled monetary easing and pump priming."

Lewis explains, "SPDR Gold Trust does not depend on the economy coming right nor is it a play on recession and doom. Forecasting the macroeconomic trends in the U.S. and worldwide is very difficult in the current unprecedented economic crisis.

"But there is one thing you can be sure of: the measures already taken by governments around the world to stimulate their enfeebled companies and unclog their banking systems will result in an inflation problem.

"The vast government deficits engendered by the bailouts and stimulus will eventually have to be addressed. There aren't many options.

Continue reading Top Stock Picks '09: SPDR Gold Trust (GLD)

Top Stock Picks '09: SPDR Gold Trust (GLD) originally appeared on BloggingStocks on Fri, 02 Jan 2009 16:20:00 EST. Please see our terms for use of feeds.

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"Everyone should have some gold, but it is an individual decision as to what best fits one's risk tolerance and personal financial makeup," says resources expert Curtis Hesler, editor of Professional Timing Service.

"Bullion in some form, be it bullion coins or bullion ETF's like StreetTracks Gold ETF (NYSE: GLD), should be fitted into one's portfolio -- for diversification, if no other reason. I would consider this a top speculative idea for 2008.

"However, be mindful that bullion profits, even in the ETF form, are taxed at a higher rate than gold-mining stocks. So, bullion ETF's are perhaps best held in a tax-sheltered account, but that is an individual call."

Best Stocks for 2008: Bullion bet with StreetTracks Gold ETF (GLD) originally appeared on BloggingStocks on Tue, 25 Dec 2007 09:15:00 EST. Please see our terms for use of feeds.

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"My top conservative play for 2008 is a repeat of my top pick from last year, StreetTracks Gold Trust (NYSE: GLD)," says Mark Leibovit, editor of VRYTrader and last year's #1 rated market timer by Timer Digest.

"StreetTracks Gold seeks to reflect the performance of the price of gold bullion, less the trust's expenses. The trust holds gold, and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets.

"The gold held by the trust will only be sold on an as-needed basis to pay trust expenses, in the event the trust terminates and liquidates its assets, or as otherwise required by law or regulation. The trust is not managed like an active investment vehicle, and it's not registered as an investment company under the Investment Company Act of 1940.

Continue reading Best Stocks for 2008: Top timer goes for StreetTracks Gold Trust (GLD)

Best Stocks for 2008: Top timer goes for StreetTracks Gold Trust (GLD) originally appeared on BloggingStocks on Tue, 18 Dec 2007 16:45:00 EST. Please see our terms for use of feeds.

This article is part of a 20 article special report on "Metals, miners and money".

In his Commodity Trend Alert, Eric Roseman believes a short-term correction is "highly likely." But the resource expert still considers ASA Limited (NYSE: ASA) a "terrific bargain."

He explains, "For value investors, a great buying opportunity in commodities looms this fall. The fundamentals for commodities remain extremely bullish as we progress into 2008. A weaker U.S. dollar, lower interest rates, and supply deficits across a spectrum of raw materials promises to snowball into another formidable rally for commodities."

However, he cautions, this buying opportunity will come after a "period of digestion." He observes, "Commodities indices have come a long way over the last two months following the mid-August market low. Heavy investor speculation in many raw materials -- namely oil, gold, and wheat -- implies a short-term correction is highly likely."

The advisor notes, "Banks, hedge funds, individual investors, and sovereign wealth funds are all on the same side of the dollar bear market ship; historically, too many bears on the same side of a trade means someone will lose their shirt -- and soon."

Continue reading Top resource ideas: ASA Ltd. (ASA) offers gold at a discount

Top resource ideas: ASA Ltd. (ASA) offers gold at a discount originally appeared on BloggingStocks on Sat, 10 Nov 2007 09:10:00 EST. Please see our terms for use of feeds.