Brian Hunt (The Right Side):
In the past three months, there’s been a very popular – and very wrong – thing to say about owning gold.
I hear it a lot from inexperienced Wall Street analysts, bloggers, and money managers who spend little time living in the “real world”.
Brian Hunt says there’s a rally coming for gold stocks. Despite a softening in spot gold prices today, Brian says gold prices are on a upward trend. Add to this increased cash flow in gold producers and you have a great profit play setting up…
Gold prices hit a four-month record yesterday, driven higher by the falling dollar and slumping equities.
Investors looked for a safe haven after the greenback hit a record low versus the euro. Gold prices reached $989.60 an ounce and fell back to $978.70 after a sharp drop crude oil prices.
Gold is not the only precious metal gaining ground, says Brian Hunt. Silver has gained 27 percent this year, against gold’s 17 percent.
It’s no great surprise that investors in the energy market are getting rich. But there are many contrarian ways to play this boom. Chris Mayer at DailyWealth says pipeline construction is a hot topic at the moment…
Biotech, one of the most speculative sectors is “acting well” right now, says Brian Hunt. The Powershares Biotech ETF (PBE) has held steady while the market collapses around it. When the broader rally comes make sure you are in biotech…
Even the best investors are taking a beating, says Daily Wealth’s Brian Hunt. But Brian says we should follow mutual-fund legend Marty Whitman into Asian stocks and real estate…
Brian Hunt says the collapse of the US banking sector will one day lead so some fantastic bargains. He also says investors should avoid it like the plague for now…
Brian Hunt finds contrasting fortunes at America’s borders. Oil production in Mexico is tumbling, setting off alarm bells over economic growth and government revenues. At the same time, Canada ramps up output of the black stuff at the world’s largest safe deposit. Brian says the world will need to invest billions in new oil exploration in the coming years. In the meantime, he sees Canadian oil as a safe investment bet.
There are plenty of reasons why US stocks are volatile at the moment (to get a better idea, check out these articles by Brian Hunt, Rick Pendergraft, and Jeff Clark). But lurking behind the chaos in the banking sector and wildly fluctuating commodity prices are ‘witching days.’
For the past several years, we’ve filled these pages with commentary on how “real stuff” like oil, grain, and gold are in an era of outperformance vs. conventional stocks… especially stocks in the landfill stuffing business.