Gold bullion prices have been subjected to a cleverly orchestrated bear raid in our opinion. Selling of paper Comex contracts on Friday, April 12th, and Monday, April 15th, totaled 1 million contracts, exceeding global annual gold...
2011 was a good year for gold bullion, up 11.3%, but a tough year for gold stocks which declined 18.3% based on the XAU index of gold and silver stocks. We addressed the reasons for the disparity between the performance of gold bullion and...
Is gold a "bubble" because it has now become popular or is there still worthwhile upside? As a contrarian, it is more difficult to reconcile the metal's recent popularity with the prospect of future rewards. Is the investment consensus...
In this most tumultuous year for the financial markets, gold bullion rose 5.8%. In so doing, it outperformed all asset classes and investment strategies other than unadulterated short selling. Unfortunately, gold shares lost their...
Since the Bear Stearns bailout at the end of the first quarter, the backdrop for gold has unfolded in a more positive way than almost any of its proponents could have imagined. The government takeover of the GSEs, the Lehman Bankruptcy,...
During the fiscal half year ending April 30, 2008, the Tocqueville Gold Fund returned (13.72)% vs. (8.64)% for the benchmark XAU (Philadelphia Stock Exchange index of gold and silver shares) and (9.64)% for the S&P 500.
Gold shares performed well on a relative basis during the first quarter, even though they under performed gold bullion itself which scaled the $1000/oz. threshold on the market panic surrounding the rescue of Bear Stearns by the Fed and JP...
Implausible as it may seem, gold shares, which have outperformed equity markets and most other asset classes over the past eight years, are out of favor. Less plausible still is that sentiment on gold is at bullish extremes following its...