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2014 Set To Be A Strange Year For Gold Investment

We last touched on gold investment back in 2011 and presented the precious metal as a generally appealing and generally positive means of "alternative" investment. Often presented as one of the lowest risk options for investors, gold investment remains a popular choice for those looking to diversify and/or stabilize their portfolios. Just to recap, here are a few specifics on why gold is a highly regarded investment among so many. The most important factor is that gold is seen as a financial "hedge," in that it is not susceptible to sudden drops in value in the same way that currency (and...

Alternative Investments That Appeal In the 21st Century

With the economic situation as it is, many people are looking for alternative investment opportunities that lie away from their high street bank. There is risk associated with any form of investment as most people will know, but with government bailouts and static rates, banks are commonly falling short when it comes down to potential returns. Alternative investment opportunities give people the chance to do things on their terms, and even get involved in a market that they haven’t been in before. Of course, investments are best made with plenty of research and knowledge, which is why many individuals depend on...

Gold Soiree

It's with boundless joy that we introduce the latest addition to the Soirée family of investment websites, Gold Soirée. Weighing in at 7 pounds 8 ounces - or $153,600 at today's rate of $1,280 per ounce - it arrived early on Tuesday morning. Okay, enough of the silly birth metaphor. Gold Soirée's a cheeky one-pager but don't let the lack of page numbers put you off. We've scoured the web for the finest gold-related news, articles and commentary from some of the most reputable sources online and we update their updates as they happen. We've got up-to-minute gold prices and gold charts and even...

Is it Time to Hold Gold?

Since peaking at near $1,800 an ounce in late 2012, gold has given back most of the gains it has put on since 2009. Whilst long-term gold bulls may be keeping their opinions to themselves for the moment, I'd bet my hat they're also planning an entry back into the market when things level out. I'm not going to proffer an opinion on the short-term direction of gold, it's certainly not something I've had too much luck with of late. Although using the one year chart below as guidance it don't take Buffet to figure the current short to mid-term trend. [caption...

Gold, Supergroup, Lavendon, Archipelago and Avocet

It seems like an age since I've put index fingers to keyboard and tapped out a bit of an update. It's not as though I haven't had a dabble on the markets here and there, it's just that I've been a little preoccupied with some of our other web ventures. But more on that in a later post. We dipped back into gold long at $5 per point at $1609 an ounce back in mid February. Since then - with a tug-of-war as China, Russia, et al. stockpile the stuff and fund managers offload it - it's traded in a range...

Archipelago Resources

We've been bullish on gold since Buffet was, well, pretty old actually, and whilst our spectacularly speculative buy into Norseman Gold (123,211 shares at 3.26 pence) hasn't exactly paid off - Norseman is down, but not yet out - we still have faith in the sector, as gold continues its holding pattern in the $1,600 to $1,800 an ounce band. Archipelago Resources (AR..L) is a far less speculative investment prospect than Norseman. Based out of Singapore, Archipelago is a growing mid-cap gold producer. Their key asset is the Toka Tindung Gold Mine, located in North Sulawesi, Indonesia, which currently has a nine-year mine life...

Norseman Gold Update

Following on from Friday's announcement that Kevin Maloney - Chairman of the Tulla Resources Group of companies - has now fronted up as Norseman Gold's Executive Chairman to the Board, Norseman has announced details of an A$20 million private placement, including the conversion of A$8 million of debt to equity. It's been a turbulent week on the Norseman share price front with shares trading in a wide band between highs of 3.6 pence and lows of 2.65 pence (ouch) - where it stands at the time of writing. A change of Chairman and a placement announcement will do that to a share,...

Norseman Gold Results

Reassurance that Norseman Gold is getting operations back on track came in the form of their third quarter results released Tuesday 1st May 2012. We wrote about Norseman a couple of weeks ago, having taken up 41,768 shares at 3.92 pence in late March (Norseman shares have changed hands at well over 60 pence within the past 18 months). It was a very speculative buy at best and one based entirely on Norseman's intention to conduct a "complete review of operations". Norseman's problem has never been lack of gold - they own Australia's longest continuously running gold mining operation, which has produced...

Norseman Gold

So we've been trawling the depths of AIM for months now adding distressed companies to a dossier of potential turnarounds. It's a bulging bundle, but I am an optimist by nature. Our latest investment, Norseman Gold - like many companies we've bought into over the years - has certainly seen better days (we added 41,768 shares of Norseman to our portfolio at 3.92 pence a share on 20th March 2012). When looking to add a holding to our portfolio, better days usually equates to higher prices so provided a few criterion are met, I'm happy to trade recent bad performance for...

Euro Resolution and Bargain Hunting

Well, it's a fact. There is now no denying it. I am a fair-weather blogger.  Since the markets began their free-fall, I've barely let out a whimper. So again, allow to me apologise. Now I'm not the only one. I've noticed quite a few other financial bloggers have fallen off the radar a little since this whole Euro mess kicked off. What can I say, it's a lot easier to put pen to paper when you're making a little coin into the bargain. So what have I been up to? I had taken refuge in gold - riding that lovely precious medal...

Berkeley Mineral Resources and Gold

With our share portfolio in free-fall there's not much good news coming out of Investor Trader for the moment. That is unless you consider Investor Trader's new colour scheme news-worthy? I had hope for Berkeley Mineral Resources (BMR.L) when I fleetingly glanced over last Thursday's Kabwe tailings JORC results RNS pre market-open. But irrespective of what nuggets it contained, deep down I think I knew the market was always going to shrug its shoulders and continue its southerly trajectory. The news? Well on the plus side we're sitting on a higher grade of lead. Masoud Alikhani, Chairman of BMR had this to say: "We...

A Great Week For Gold

Fuelled by the possibility that the US may soon default on its debt - to avoid default, US politicians have to agree to raise the country's debt limit by 2nd August 2011 - coupled with the imminent announcement of the European Banking Authority's stress tests on 90 banks across Europe, it was a bumper period for our gold play last week. Gold has long been seen as a primary haven purchase in times of economic uncertainty. And there's no doubting that these are uncertain times. We're long on gold at £20 a point (averaged in at $1,530.65 USD per ounce with a...