Midday Glance: Gold companies

I thought gold & silver would never go down in price always a safe bet ............

When Corzine broke the bank, commodities have weakened. Gold is close to meltdown conditions. Corn is weaker, too. It would not surprise me if farmland starts to waiver later this year.

Easy money policy and mountains of debt, Bernanke will not stop his war on the dollar as his bank masters still need to pump up price on their toxic assets. Gold has long way to go.

One of the best ways to leverage an investment in the gold play is to invest in some of the junior gold mining penny stocks. One of these is Bonanza Goldfields, "BONZ". The company's newest employee, Dr. Madan Singh, is the recent head of Arizona's Department of Mining and Mineral Resources. Company should be announcing the start of gold production within the next month. Take the time to perform due diligence and I think you'll see the substantial upside that the company offers.

Gold, is a bubble waiting to burst.

Love to see paper gold price is dropping! However, Most paper gold people(Seller) said this action(price dropping) is the short term. They are still making Brainwash to people that the paper gold price will be at $2,000 later.

Thanks you guys, I will investigate this....

It is illegal to buy gold from anyone but a government licenced dealer. Anyone who buys or sells gold illegally is determined to be a higrader and most probably will face jail time for doing so.

To Troyw, How would you go about finding a source to buy gold direct from mine in Alaska without middleman???

Gold could be the best thing going--it could also be the biggest loser in the next year. Take your pick, and your risk. Want to be a high roller, go for the gold!

It sure looks like something has put a $1744. limit on gold. CAN this be done? Surely coincidence wouldn't have rising value stop at this number continually?

First it was stock, then housing, now it's gold - THAT IS BEING PLUNDERED. Anything that touts "make a fortune" is to suck the marginal and hopeful in. The Lottery COULD make you rich too. Then again, it could induce you to to lose tens of thousands over your lifetime without ever hitting a jackpot. Trading implies risk and LIABILITY: you could have to pay big bucks if your trades lose. The only gold to have is the physical stuff you can touch. And gold is to hold. Whenever you hear or see a line to sell you: remember there is a hook at the end.

I have some gold claims in Alaska and it has just been the last few years where they have became profitable to operate. Gold will go over $2000 by the end of 2013. Maybe higher. The new benchmark for gold spot price seems to be $1600. Buying actual raw gold direct from the miner is the best way to go as far as protecting your savings from inflation. With no middle man involved it beifits both the miner and the buyer. Currently raw gold direct from Alaska miners is selling for around $1500 per troy ounce.

First it was stocks, then housing, now it's gold, the gold rush is happening right now and you can take advantage of this very easily by trading gold just like you would trade stocks, and make a fortune doing so. Come check out our free demonstration coming up, google "Gold Trading Academy" and let us show you what we have to offer you and how trading gold is where the gold rush is.

LOL @ the comments labeling gold as a bubble. The fundamentals of gold could not be stronger. Gold has absolutely nothing in common with the fundamental flaws of the tech bubble (cheap money & no earnings), and the housing bubble (cheap money, excessive speculation, government intervention, etc...). Gold is highly valued when central bankers devalue their currencies. Gold is also highly valued in an inflationary environment. Gold is also highly valued in a weak economic environment. All of these factors could not be more true than they are today. I'm continuing to buy gold/silver/gold mining stocks on the dips as they have nowere to go but UP over the LONG TERM.