Choosing an Overseas Bank: First Ask These Questions

Colleen Murphy, International Man

International Man readers are a savvy bunch, well-familiar with the benefits of a foreign bank account. To recap just a few: financial diversification, access to investment opportunities in other countries, a measure of privacy, and the potential to earn a higher interest rate than your low-yield "savings" account at home. The advantages are numerous, but so are the considerations. Will my money be safe? How will I access the funds? How do I start the process?

Answers to these questions depend entirely on your personal circumstances, and anyone beginning to diversify should seek advice from a qualified professional. Before seeking (and paying) for any advice, it helps to think seriously about your needs and goals. Considering the following points will save you time and money. Continue reading "Choosing an Overseas Bank: First Ask These Questions"

Chart to Watch

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Dendreon Corp. (DNDN) Continue reading "Chart to Watch"

Why Are We Certain that Gold Producers Will Soar?

By Jeff Clark, Casey Research

For the past eighteen months, gold stocks have been pummeled.

They showed some life from mid-May to mid-June – GDX, the gold miner's index, was up 21%, while gold rose 5.5%. That bounce was exciting, but they've still got a lot of lost ground to make up. Since January 1, 2011, GDX is down 28%, while gold is up 10%.

So what's going to move these darn stocks? Will their day ever come? Could our research – gulp – be wrong? Jokes have even started circulating… Continue reading "Why Are We Certain that Gold Producers Will Soar?"

Chart of the Week

Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

The August Gold Futures suffered through a disappointing week for Gold Bugs in the week ending on June 22nd. The chart began to show very serious promise when buyers began to speculate that the US FED would announce another round of easing. This anticipatory rally drove the market to and through an important trendline that ended at the critical $1600 price. Closes above this level had bulls feeling confident, and bears worried about the next target above the prior June high. Continue reading "Chart of the Week"

How Does Gold Fare During Hyperinflationary Periods?

By Jeff Clark, Casey Research

Inflation is a natural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors, we'd like to know if the precious metals would keep pace in this extreme scenario.

Hyperinflation is an extremely rapid period of inflation, but when does inflation (which can be manageable) cross the line and become out-of-control hyperinflation? Philip Cagan, one of the very first researchers of this phenomenon, defines hyperinflation as "an inflation rate of 50% or more in a single month," something largely inconceivable to the average investor. Continue reading "How Does Gold Fare During Hyperinflationary Periods?"