MarketClub TV for 10/18/12: It's official, the US is now spending $1,000,000,000,000 in welfare payments!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 18th of October.

It's hard to believe or even fathom that the United States should be paying over $1 trillion a year in welfare benefits. This is an unsustainable number by anyone's math.

Because of this massive expenditure, we're going to see gold skyrocket as paper money becomes worth less and less when reality sets in.

If you were around in the 70's and thought inflation was bad then, it's going to pale in comparison to what's coming up. The only value will be held in land, gold, and raw commodities that can be traded on a barter system.

I hate to sound so negative, but the reality is we did this to ourselves and have no one else to blame. Continue reading "MarketClub TV for 10/18/12: It's official, the US is now spending $1,000,000,000,000 in welfare payments!"

Brent Cook and Quinton Hennigh Use Geology to Find Winners

The Gold Report: Brent, Quinton recently joined Exploration Insights. What does Quinton bring to the publication?

Brent Cook: Quinton is a geologist who can see the big picture. He focuses on how a mineral deposit forms and assesses if it is economic. His contributions allow us to cover a lot more ground in the same time and our discussions often refine and improve the final investment decisions. It's a whole aspect to the business that's going to help me make Exploration Insights better. Given the state of the junior mining sector, this is the time to be picking up the deposits and companies that are undervalued or that show potential value based on a real economic evaluation.

"Because this is such a high-risk game, we're mostly looking for homeruns."

Quinton came out of Newmont Mining Corp. (NEM:NYSE) and Newcrest Mining Ltd. (NCM:ASX). He knows how the big companies work and what their investment criteria are. Ultimately, our goal at Exploration Insights is to identify deposits that are going to have high enough margins and be large enough to attract a buyout or purchase from a major mining company. Quinton did that at Newmont. Continue reading "Brent Cook and Quinton Hennigh Use Geology to Find Winners"

Bruno del Ama: Do ETFs Offer Value for MLPs?

The Energy Report: Bruno, since Global X Funds brought its first exchange-traded fund (ETF) to market in 2009, you have added another 30, the latest being the Global X MLP ETF (MLPA:NYSE). What is the appetite among investors for ETFs, and specifically those featuring master limited partnerships (MLPs)?

Bruno del Ama: Investors continue to migrate to the ETF asset class, and we are big fans of energy MLPs. Energy transportation is an infrastructure play with a couple of benefits. First, it provides significant diversification to complement investors' portfolios; second, it provides income in a low-interest rate environment.

ETFs are an innovation in the MLP asset class. We at Global X focus on asset classes where we are the first provider of a particular ETF. In our last interview, for example, we talked about our uranium ETF, which provides focused exposure to that market in a way that did not exist before. Innovation is in our DNA. Continue reading "Bruno del Ama: Do ETFs Offer Value for MLPs?"

A special way of showing our appreciation

I wanted to thank you personally for using INO as your go-to source for market education and information. I have just published a book using Apple's iBook program, titled "Five Professional Stock Trading Rules That Will Make You Successful In Any Market".

The book is available right now and it's free. As you are a valued INO user, I wanted you to be among the first to read it.

There are no catches, the only requirement is you must have an iPad 2 and be operating on IOS 5 or later. The interactive book can only be read and played on an iPad 2. If you do not own an iPad, I highly recommend getting one of these very useful devices. I use mine every day for everything from the weather to the markets, including the MarketClub website.

I hope you enjoy my book, as it was a lot of fun writing and creating it. The book can be easily downloaded and read in a short time and will provide you with a lifetime of solid trading advice. It will also provide you with a great foundation on which to build your future and your fortune in these interesting times.

Enjoy and every success,

Adam Hewison

Co-founder of the Marketclub

P.S. Please feel free to comment on the book both here and on the Apple bookstore.

 

Apple and iBooks are trademarks of Apple Inc. All rights reserved.

What Will the Price of Gold Be in January 2014?

By Jeff Clark, Casey Research

While many of us at Casey Research don't like making price predictions, and certainly ones accompanied by a specific date, it's hard to ignore the correlation between the US monetary base and the gold price.

That correlation says we'll see $2,300 gold by January 2014.

There are plenty of long-term charts that show a connection between gold and various other forms of money (and credit). Most show that one outperforms until the other catches up. But let's zero in on our current circumstances, namely the expansion of the US monetary base since the financial crisis hit in 2008.

Here's the performance of the gold price compared to the expansion of the monetary base since January 2008. Continue reading "What Will the Price of Gold Be in January 2014?"