September 23, 2020 | ALB, Daily JAM, GOLD |
At 1 p.m. New York time the Standard & Poor's 500 was down 0.25%. At the close it was lower by 2.37% The pick up in selling was led by big tech stocks. Amazon (AMZN), for example was down 1.57% at 1 p.m. and 2.32% at the close. Microsoft was down 1.22% but...
August 17, 2020 | Daily JAM, Dividend Income, GOLD, Jubak Picks, Stock Alerts, Top 50 Stocks |
Shares of Barrick Gold (GOLD) are up 11.10% today to $29.99 as of 1:30 p.m. New York time on Monday, August 17. The continued climb in Barrick Gold shares comes on the strength of an ongoing rally in gold prices and news that broke on Friday that Warren Buffett's...
August 15, 2020 | Daily JAM, Dividend Income, GOLD, Jubak Picks, Top 50 Stocks |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever.Granted it's...
August 5, 2020 | AG, Daily JAM, GDX, GLD, GOLD, Jubak Picks |
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 here's...
August 3, 2020 | Daily JAM, GLD, GOLD |
Spot gold hit an all-time high today to close at $1991.40 an ounce. In July gold rose 11%, the most since 2012. And now even investors and traders who never own gold are looking at the metal and say, "Should I buy? Will it rally some more?" In my opinion it's late to...
March 2, 2020 | Daily JAM, GOLD, Perfect Five-ETFs |
Usually gold, a safe haven, time-of-fear asset, rises when stocks stumble and worries climb. Not during last week's big sell off in stocks. Then gold and gold stocks moved down along with stocks. Today, however, as the Standard & Poor's 500 rallied to end the day...
February 14, 2020 | Daily JAM, GOLD, Stock Alerts |
Barrick Gold (GOLD) reported fourth quarter earnings of 17 cents a share on Wednesday, February 12. That beat the 14 cents a share estimate from Wall Street analysts for the quarter. A year ago the company earned 6 cents a share in the fourth quarter of 2018. But that...
February 6, 2020 | Daily JAM, GOLD, Stock Alerts |
Gold is supposed to go up when investors and traders are looking for safe havens and hedges against market volatility. So it makes sense the gold and gold mining stocks are gaining as coronavirus stalks through the land. Gold closed up 0.99% today to $1570.50 an...
January 29, 2020 | AG, Daily JAM, GLD, GOLD, Perfect Five-ETFs, Volatility |
Gold held by ETFs (exchange-traded funds) hit the highest level in seven years on Tuesday as investors and traders piled into the traditional hedge against uncertainty and stock market volatility. Worldwide gold holdings in ETFs rose to 2,561.2 tons as of Tuesday, the...
September 5, 2019 | Daily JAM, GOLD, Stock Alerts |
It's by no means a guarantee of gains, but owing shares of a company that is riding the wave of positive macro and micro trends does indeed usually result in solid profits. On the macro side, Barrick Gold has global trends pointing toward toward higher gold prices as...
June 27, 2019 | Daily JAM, GOLD, Morning Briefing, VGIT, VGSH |
Today with the yield on the 10-year Treasury down to 2.02%, a drop of 2 basis points, two Wall Street heavy weights are predicting that we haven't seen a bottom in yield yet. Not by a long shot. Goldman Sachs today cut its forecast for the year-end yield on the...
June 21, 2019 | Daily JAM, GOLD, Stock Alerts |
It hasn't taken much--fears of war with Iran, a trade war with China, and signals of at least 50 basis points in interest rate cuts from the Federal Reserve--but gold has finally broken out of its 5-year trading range. Gold shot higher on June 20, testing the March...