By Jeff Clark, Casey Research BIG GOLD I outlined last week the increasingly bullish consensus among analysts about gold stocks. The same pattern exists with gold itself; growing numbers of analysts have either joined the movement or have upped their bullish outlook. The following comments and developments have all been reported just this month. It presents quite a convincing case when one strings them together like this. Keep in mind that this is what these analysts and managers are telling their clients. … [Read more...]
Casey Gold Summit Offers Investment Nuggets
Source: Diane Fraser of The Gold Report 10/13/2010 Carlsbad is several hundred miles south of Sutter's Mill, but the experts and investors who gathered for Casey Research's recent Gold Summit were just as enthusiastic about the precious metal as the prospectors who headed into the hills back in 1849. The Gold Report took the opportunity to speak with some of the many experts on hand. For three days, the leading experts in the resource investment sector gathered with investors to discuss the investment strategies. Doug Casey, Richard Russell, Ross Beaty, Eric Sprott, Ian McAvity, Rick Rule, Robert Prechter and Bob Quartermain all gave their varied impressions on the market and their … [Read more...]
Paying Taxes on Gold
Give unto Caesar - What to Pay When You're Selling By: Jeff Clark, Senior Editor, Casey’s Gold & Resource Report Proper planning with your finances is incomplete until you consider the endgame consequences of your investment decisions today. So, what are the tax consequences of selling gold, gold ETFs, and gold stocks? There’s lots of conflicting and inaccurate tax information on the Internet about this. We know of one site that claims the sale of silver Eagles is exempt from capital gains tax due to some obscure law (not true). So, let’s nail down the current tax rules for selling gold in the U.S. [The following information pertains to U.S. taxpayers only and is not … [Read more...]
How do Gold Stocks Perform in a Depression?
Traditional wisdom has it that Gold performs well in times of financial distress. Also Gold is considered an inflation hedge... but what if Deflation wins? In this insightful article Jeff Clark answers exactly that question. ~ Tim McMahon, editor Gold Stocks in a Depression By Jeff Clark, Editor, BIG GOLD What if deflation wins? While we think the odds are strongly stacked against it, particularly given the government’s furious pace of money printing, the prudent investor understands – and respects – the time-tested adage, “Nothing is guaranteed.” So while our chips sit squarely on the spot marked “inflation,” what will happen to gold stocks if we’re wrong? … [Read more...]
Building a Gold Portfolio with Gold Stocks
Editor's Note--In the article Is Gold really a good Inflation Hedge? I said, Gold is actually a "crisis hedge." So it should be performing extremely well with all the uncertainty in the markets right now. Well the Crisis is far from over and Gold is still a prudent investment. -- Tim McMahon, editor Gold Stocks – the Best Strategy for Portfolio Building by Jeff Clark, Editor of BIG GOLD October 27, 2008 was the gold mining sector’s Black Monday, the day nearly every stock hit rock bottom. Hindsight makes it plain they got caught in the violent deleveraging that sucked down every equities market in the world. The broader markets were of course making year-to-date lows at the … [Read more...]