Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


Search Gold Prices
Gold Price
[Most Recent Quotes from]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
« Should You Invest in the Marijuana Boom? | Main | The Gold Question – Luck v Fate »

3 things every gold investor should know

Gold mining companies still have a long way to go to recover from the significant falls of 2013.Newcrest Mining Limited (ASX: NCM) shares for example are still down 50% on 12 months ago, while shares in Kingsgate Consolidated Limited (ASX: KCN) and Silver Lake Resources Limited (ASX: SLR) are down 65% and 72% respectively, according to The Motley Fool.

However before jumping in and buying shares in gold miners, here are three things every gold investor should know:

1. The price of gold is probably manipulated

First it was LIBOR rates and oil prices, now researchers believe the price of gold has also been subject to long-term manipulation.

The gold price we see is based on the ‘London gold fix’ which acts as a benchmark, but it is composed of five big international banks: Barclays, Deutsche Bank, HSBC, Scotiabank and Societe Generale.

According to Bloomberg, each day at 3pm these banks get together on a private conference call and set the ‘afternoon fix’, which researchers believe has resulted in signs of manipulation and collusion over the last ten years.

2. China is likely to drive demand for gold in 2014

The World Gold Council’s latest Gold Demand Trends.............................

To read this article in full please click here.

In September 2011 the Gold Bugs index, the HUI stood at 630 as gold prices peaked, since then both have trended lower with the HUI losing about 65% of its value. The bottom has been called a number of times and after such a dramatic decline its difficult not to think that we are there now. However, as we all know the timing of any investment is crucial to its success and that is exactly what we are trying to do here, trying to pick advantageous entry and exit points. If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our email verification has not gone astray and you are getting our emails.


PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>