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The Biggest Gold Prediction Of The Year

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By:David Goodboy of Street Authority

Whenever I'm faced with a major change in my opinion regarding the market's long-term direction, I think of the English punk band the Clash.

In particular, the 1980s hit "Should I Stay or Should I Go" comes to mind. With apologies to the song's writers:

"Should I buy or should I sell? If I buy, there will be trouble / If I sell, it will be double."

Thinking of these altered lyrics might be a nod to being obsessed with music during my adolescence. It might also be a signal that it's time to make a change. I like to think of them as the latter. Continue reading "The Biggest Gold Prediction Of The Year" →

3 Investments For When The Gold Sell-Off Ends

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By: David Sterman of Street Authority

As 2012 came to a close, investors increasingly questioned the wisdom of owning gold or gold-related stocks and funds. After all, a commodity known as an inflation hedge is of dubious value when inflation is nonexistent. And for investors who still expected the Federal Reserve's aggressive stimulus efforts to eventually fuel inflation, patience was starting to wear thin.

What began as a steady exodus out of gold in the winter morphed into something a lot more dramatic this spring. In the past few months, gold has endured a pair of scary plunges that has pushed even its most ardent supporters to the sidelines. Gold prices now sit at their lowest levels in nearly three years. Continue reading "3 Investments For When The Gold Sell-Off Ends" →

The Hindenburg Omen Is Flashing: Is It Time To Sell?

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By: David Goodboy - StreetAuthority

I learned the hard way not to rely purely on technical analysis to make investing decisions.

In the early 1990s, I had built up a decent trading stake by riding the momentum lifting high-tech stocks of the era. Dave, my best friend and the guy who first taught me how to trade, was a die-hard technical analysis proponent who made a small fortune correctly forecasting and buying puts several days prior to the 1987 market crash. He turned his college tuition money into enough capital to trade full time, buy a nice car and not have to worry about working for someone else.

I'll never forget that phone call: Continue reading "The Hindenburg Omen Is Flashing: Is It Time To Sell?" →

Here's How To Profit From The Disconnect In Natural Gas

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By: Street Authority

A rising tide doesn't always lift all boats. The major stock indexes are up 10% or more this year, but as I recently noted, it has been a brutal few months for commodities. But at the time, I saw a small silver lining.

"These are the kinds of commodities you need to keep tracking, because lower prices counterintuitively set the stage for the next bull market in commodities," I wrote, citing iron ore as an example. However, I overlooked an even more glaring example of how slumping commodity prices can impair production, which leads to an eventual pricing rebound.

I'm talking about natural gas, which has been on fire in the past year.

Simply put, in the spring of 2012, few people saw this kind of move coming. Continue reading "Here's How To Profit From The Disconnect In Natural Gas" →

The Next Country To Collapse Isn't In Europe

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From Street Authority

Despite the recent market correction threatening the four-year bull market, investors should be partying like it's 2006.

Easy-money programs from the world's central banks and a recovering global economy could push stocks and other assets higher. So why is the comparison to 2006 relevant?

September 2006 was two years before the collapse of Lehman Brothers and a 28% drop in the markets in the span of less than a month. And two years is about the amount of time we may have until the next great market crash.

So what will be the proverbial straw that breaks the market's back? Europe? China? Market contagion from a collapse in commodities prices? Continue reading "The Next Country To Collapse Isn't In Europe" →