Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Gold Prices
Gold Price
[Most Recent Quotes from www.kitco.com]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
« 'I'm Bullish' On Gold, Fed In A Hurry To Raise Rates - Jim Grant | Main | Gold and Silver: The Final Capitulation Commences »
Thursday
Jul232015

The Recent Carnage In The Gold Market And The Riskiest Rate Hike Ever

With continued uncertainty in global markets, today two legends in the business sent King World News powerful pieces about the recent carnage in the gold market and the riskiest rate hike ever.


Jeffrey Saut's note regarding the carnage in the gold market:  Yesterday, however, I got some really interesting questions. One came from a portfolio manager who wanted to know, "Have you heard any chatter regarding margin calls within gold and or the gold miner sector?" Given the carnage in the gold space, it is certainly a question to ponder. In my view, gold entered a bear market in 2012, but the recent Gold Gotcha' began in earnest last June when the Chinese stock market lost about one-third of its value.


As it turns out, Chinese brokerage firms were allowing gold to be used as collateral in margin accounts for participants to buy Chinese stocks


 

Read more....

 

The HUI falls again '100' on the cards

Could there be a final capitulation just ahead of us?

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 verification email has not gone astray and you are getting our emails.

 

 


 

Winners of the GoldDrivers Stock Picking Competition 2007 

 

 

 


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):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>