While gold has tumbled in the past couple days, Marc Faber of the Gloom Boom & Doom Report says he thinks “the bull market in gold is not completed,” and that a major low will occur for gold in the next couple weeks. Faber tells Bloomberg that he thinks gold fundamentals are still intact, and […]
Read more
Tag Archives: gold
Eveillard: Gold Still Looks Good
October 19, 2012 
0 Comments
Top value investor Jean-Marie Eveillard says that despite its big gains in recent years, gold “cannot be overvalued” in the current environment. “We have, so far, a minor correction,” Eveillard tells King World News. “Had gold become too popular at close to $1,800? I don’t think so, but the thing about gold, you always have […]
Read morePaulsen: Stocks Are Attractive, Gold Is Not
April 2, 2012 0 Comments
Wells Capital’s Jim Paulsen says the stock market environment “remains very good”, though he advises shifting out of stocks that have done well in the first quarter and into those that have lagged. Paulsen tells CNBC that the S&P 500 may be cheaper than it was when it reached its high of 1365 last year, […]
Read moreBuffett On Stocks, In-Laws, and Why He Wants Some of His Stocks to Fall
March 2, 2012 1 Comment
In his recently released fourth-quarter letter to Berkshire Hathaway shareholders, Warren Buffett reiterates his belief that stocks are a much better investment than gold or bonds, and explains why he sometimes hopes his equity holdings decline in price. The portion of Buffett’s letter in which he explains his belief in stocks over bonds and gold […]
Read moreGurus Go Panning For Gold
December 2, 2011 0 Comments
In his latest RealMoney column, Validea CEO John Reese takes a look at some gold mining stocks that could benefit from a Eurozone money-printing program. “In times of financial trouble, gold has long been used as a safe haven, and the world economy could certainly be considered to be in financial trouble at this time,” […]
Read moreEinhorn Likes Gold Miners, CBS, GM
November 9, 2011 2 Comments
Hedge fund guru David Einhorn remains high on gold, and is now making a bullish bet on gold miners as well. “During the quarter we exchanged a portion of our gold position for additional investment in the Market Vectors Gold Miners ETF,” states the recently released third-quarter letter from Greenlight Capital, Einhorn’s firm (a tip […]
Read moreBogle: Stay Disciplined — And Don’t Bother With Gold
September 7, 2011 0 Comments
Vanguard founder Jack Bogle says he thinks stocks will outperform gold over the next decade. “I think so for a simple reason, and that is stocks have an internal rate of return,” Bogle tells Fox Business Network. He says that rate of return is about 7.5% — about 2.5% from dividend yield and 5% from […]
Read moreHulbert: Gold Headed for a Pullback
July 19, 2011 2 Comments
Gold is due for a pullback — one that could be the start of a serious weakening in bullion prices, says MarketWatch’s Mark Hulbert. “Excitement has grown markedly over the last couple of sessions, and now stands at close to the fever pitch that prevailed in late April,” shortly before the gold market tumbled, Hulbert […]
Read moreBuffett Passes on Gold; Continues to Bet on U.S.
May 3, 2011 0 Comments
While gold has been reaching new high after new high, Warren Buffett isn’t intrigued by the precious metal. “Gold really doesn’t have utility,” Buffett said at Berkshire Hathaway’s annual meeting, according to London’s Telegraph. “If you take all of the gold in the world and put it into a cube, it would be about 67 […]
Read moreEinhorn on Gold, Apple, and Lessons from the Crisis
November 22, 2010 0 Comments
Hedge fund guru David Einhorn says gold has the biggest position in his portfolio, due to concerns about the U.S.’s monetary and fiscal policies and questions about the currencies of other big nations. Einhorn tells WealthTrack’s Consuelo Mack that in the stock market, he’s finding more good opportunities on the short side than the long […]
Read more
