Van Eck Fund Manager Joe Foster Is Building for the Upswing

The Gold Report: Gold has been hovering between $1,250 and $1,300/ounce ($1,300/oz). How have supply-and-demand factors shifted since earlier in the year, when things seemed more bullish?

Joe Foster: At the beginning of the year, gold was being driven by risk concerns. Investors started worrying about risk when we saw problems in emerging markets like Thailand, Turkey and, eventually, Ukraine. The Chinese economy seemed to be slowing down.

It was less of a supply-demand story and more one of people looking at gold as a safe haven and a hedge against some of the risks in the world.

TGR: Is the world less risky now than it was three months ago? Continue reading "Van Eck Fund Manager Joe Foster Is Building for the Upswing"

The Best Opportunity To Profit From Gold In 15 Years

By: Austin Hatley of Street Authority

After steadily returning an average of 18% a year for the past decade, gold is headed for its first annual loss since 2000. All told, gold prices have fallen over $450 an ounce since January -- a 27% decline in just under 12 months.

In part, the gold market is suffering thanks to the economic recovery. Since gold is usually seen as a "safe haven" investment, an improving economy puts downward pressure on gold prices. Other headwinds include low inflation rates... surging equity values... and an overwhelmingly bearish sentiment facing commodities altogether. Continue reading "The Best Opportunity To Profit From Gold In 15 Years"