All entries by Jon Herring
Price Manipulation Means Gold Is Selling at Extreme Value Now
Sep 3rd, 2008 | By Jon Herring | Category: Featured, Financial NewsYou don’t have to look to obscure charts to know that gold price manipulation is happening, says Jon Herring in Investor’s Daily Edge.
Alan Greenspan gave the game away before Congress when he said, “central banks stand ready to lease gold in increasing quantities should the price rise.” He was telling Congress that the leasing of central bank gold was to suppress the price of gold, not to earn money on a dead asset, as officially stated.
This manipulation, plus reported shortages in physical gold, means the yellow metal represents extreme value right now.
Crude Oil Price Correction Means Bargains in Oil Service Stocks
Jul 28th, 2008 | By Jon Herring | Category: Featured, Financial NewsCrude oil prices have slumped over $23 over the last 17 days.
This opens up a great long-term investment play, says Jon Herring at Investor’s Daily Edge.
Crude oil will push higher again. And dwindling reserves will force oil majors to shell out trillions of dollars on oil and natural gas exploration.
So follow the money: Buy the strongest oil service sector stocks and ETFs now, and hold for the long term.
How to Profit from Sky-High Oil: Invest in Drillers and Oil Services
Jul 11th, 2008 | By Jon Herring | Category: Featured, Financial NewsCrude oil prices are through the roof today. The black go rose more than $5 on renewed worries that Israel is about to whack Iran’s nuclear facilities.
According to a report in The Jerusalem Post: “Israel Air Force (IAF) war planes are practicing in Iraqi airspace and land on US airbases in the country as a preparation for a potential strike on Iran.”
High oil prices are here to stay, says John Herring in Investor’s Daily Edge. But stay clear of oil majors if you want to profit. The best way to play the situation is the oil service sector…
But don’t expect oil to stay down for long. High prices are here to stay, and I believe we’ve seen the last…