How to Find Wild Flowers in the Weeds

The Gold Report: In January, the exchange-traded fund SPDR Gold Trust (GLD:NYSE.Arca) outperformed its silver counterpart, the iShares Silver Trust (SLV:NYSE.Arca), by about 6%. Should investors expect gold to outperform silver for the entire year?

Michael Fowler: Gold and silver are going to perform in tandem this year. Gold is in a corrective phase at the moment. I expect it to average around $1,300/ounce ($1,300/oz) and silver to average about $21/oz. We expect gold and silver prices to increase into 2015.

TGR: We've seen a bevy of bought-deal financings to start the year. Some, like Luna Gold Corp. (LGC:TSX; LGC:BVL), are financing below current market prices. Could you provide us with some insight as to what's happening there? Continue reading "How to Find Wild Flowers in the Weeds"

Is This a Bubble About to Pop or a New Bull Market?

By: Michael J. Carr of Street Authroity

The SP 500 has now closed higher seven weeks in a row. We need to consider the possibility that we are at the start of another bull market.

Stocks Are Bullish, but Not Bubbly

After gaining 0.42% last week, SPDR SP 500 (NYSE: SPY) is now up seven weeks in a row. While that gain may seem small, it is actually more than three times larger than the typical one-week gain in SPY. Since January 2001, the ETF has delivered an average one-week gain of 0.12%. Continue reading "Is This a Bubble About to Pop or a New Bull Market?"

Indicator Shows Gold Could Finally Be Bottoming

By: Michael J. Carr of Street Authority

Stocks moved up the fourth week in a row and have delivered a large gain in the first 10 months of the year. For now, there is no reason to expect a reversal in the trend.

Stocks Continue Setting New Highs SPDR SP 500 (NYSE: SPY) added another 0.15% last week and is now up 25.55% for the year, including dividends.

To put this performance into perspective, we can review data for the SP 500 index going back to 1928. This year's performance would be the 22nd best year out of 86. After such a strong performance, many investors expect a decline, and the question becomes, "How bad will the decline be?" Continue reading "Indicator Shows Gold Could Finally Be Bottoming"