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Gold hits record high–Don’t chase gold; buy gold stocks

Gold hits record high–Don’t chase gold; buy gold stocks

December 1, 2023 @ 4:07 pm | Breaking News, GDX, GLD, GOLD, Jubak Picks Portfolio, NEM | 0 comments

Gold (for February 2024 delivery) was trading at $2087 an ounce on New York Comex today, December 1. That easily beats the old record high of $2051.50 an ounce back in August 2020. The shiny metal is up 12% from $1830 an ounce in early October. The SPDR Gold Shares...
Gold pushes toward all-time high

Gold pushes toward all-time high

April 4, 2023 @ 10:44 pm | AG, Breaking News, GDX, GLD, GOLD, Jubak Picks Portfolio, NEM | 0 comments

Gold for June delivery closed at 2039.00 an ounce on the Comex today. That’s not too far away from the all-time record high of $2,070 an ounce. The move above $2,000 an ounce and any breach of the record at $2070 could trigger a rally as traders short gold buy...
Market sees fourth quarter GDP slowdown as good news

Market sees fourth quarter GDP slowdown as good news

January 28, 2021 @ 6:54 pm | AG, Breaking News, DIS, FQVLF, GDX, GOLD, Jubak Picks Portfolio, Jubak Top 50 Portfolio, MGM, SCCO | 0 comments

U.S. GDP growth slowed in the fourth quarter, gaining just 1% from the third quarter. For the full year the U.S. economy contracted by 3.5%. That makes 2020 the first time that the economy has contracted for a full year since 2009 and the Great Recession. At the...
Gold pushes toward all-time high

Gold and silver take another step toward excess

August 5, 2020 @ 7:03 pm | AG, Breaking News, GDX, GLD, GOLD, Jubak Picks Portfolio | 0 comments

We’ve been here before. With gold and silver we’re at that stage in a huge rally where Wall Street analysts rush to increase their target prices in order to keep ahead of the market and where the number of posts urging investors to get in now–And...
Step #1 (of 5) to get your portfolio ready for the Next Big One–Special Report update

Step #1 (of 5) to get your portfolio ready for the Next Big One–Special Report update

August 14, 2019 @ 7:34 pm | Breaking News, Buy, GDX, IEF, Jubak Picks Portfolio | 1 comment

Last night on my JubakAM.com subscription site I added Step #1 to my Special Report 5 Is Your Portfolio Ready for the Next Big? The post below is a cut and paste of the material I added to the Special Report. I’m posting it separately here to make it accessible...

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