Gold continues to outperform major stock market averages in 2024, surprising investors and prompting speculation on its future. Despite its lack of alignment with popular tech-focused themes like artificial intelligence, gold has seen a surge in buying activity [84aa7f19]. This surge in gold buying has raised questions about the implications for the U.S. economy and whether the gold rally is sustainable.
A recent article by Fat Tail Investment Research discusses why the author is still buying into the gold rally [035fa230]. The author points out three signs that indicate there is still potential in the rally: corporate activity in the gold space, companies raising capital successfully, and the comparative performance of gold and gold stocks [035fa230]. The author believes that gold stocks are undervalued and that the recent conditions might help them overcome their past struggles [035fa230]. The article also mentions the media's role in reporting on gold and advises readers to seek independent financial advice [035fa230]. The author offers a precious metals investment newsletter called The Australian Gold Report as a resource for building a comprehensive precious metals portfolio [035fa230].
In a recent article by Mickey Fulp on Kitco NEWS, Fulp, a Certified Professional Geologist with extensive experience in exploration geology, discusses his criteria for analyzing mining companies and his renewed optimism about gold [e43cee86]. Fulp focuses on evaluating projects and companies within the junior resource sector and looks for a strong chance of doubling in share price within 12 months. He also mentions the upcoming migration of capital into hard assets and highlights the anniversary of the Bank of England's announcement to sell half of its gold reserves in 1999 [e43cee86]. The article concludes with a mention of the crypto market's choppy price action, the Canada Revenue Agency's pursuit of crypto tax cheats, the consolidation wave in the U.S. oil industry, and the challenges faced by copper projects. It also discusses a proposed U.S. bill that aims to eliminate federal taxes on gold and silver [e43cee86].
A new article by Jingming Pan on RealClearMarkets explores the implications of gold's surge in buying activity for the U.S. economy [84aa7f19]. Despite its lack of alignment with popular tech-focused themes like artificial intelligence, gold has emerged as the surprise market leader in 2024, outperforming all major stock market averages. The article raises questions about the sustainability of the gold rally and its potential impact on the U.S. economy.
A recent article by Fat Tail Investment Research discusses the economic challenges faced by ordinary Australians and suggests gold as a potential solution [e9d1bf91]. The article highlights the rising inflation rate in Australia and the increasing difficulty of making ends meet. It mentions the recent political events in the US and Australia but emphasizes the importance of focusing on personal financial well-being. The article presents data on falling real income and the unaffordability of housing in Sydney. It suggests that gold can act as a wealth equalizer in the long term, despite short-term fluctuations. The article also mentions other investment options such as dividend-paying stocks, mining companies, technology companies, and cryptocurrencies. The author promotes their investment advisories and services related to gold investments [e9d1bf91].
Gold's continued outperformance in 2024 has surprised investors and sparked speculation about its future. The surge in gold buying has raised questions about the implications for the U.S. economy and whether the gold rally is sustainable [84aa7f19].