December 1, 2016

NIGAM ARORA INTERVIEW ON WHY GOLD IS GOING DOWN BY KITCO NEWS $GLD $SLV $GDX $GDXJ $NUGT $DUST $USO $XLE

NIGAM ARORA INTERVIEW ON WHY GOLD IS GOING DOWN BY KITCO NEWS $GLD $SLV $GDX $GDXJ $NUGT $DUST

 

While the rumors of the Indian government imposing a gold ban appear to be more fiction than fact, one market researcher says that the government’s clampdown on the country’s underground economy and on “black money” will continue to take its toll on the gold market.

In a recent interview with Kitco News, Nigam Arora, chief investment officer and founder of the Arora Report, said that as citizens become more confident in India’s financial system, the need for gold will be reduced. He added that the government policies already in place are helping to reduce gold’s role as a store of wealth.… Please click here or the title below to read more.

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AFTER OPEC DECISION, 3 OIL STOCKS TO INVEST IN AND 2 TO TRADE $RDS.B $MRO $WFT $HAL $OAS $CLR $OIH $FCG

AFTER OPEC DECISION, 3 OIL STOCKS TO INVEST IN AND 2 TO TRADE $RDS.B $MRO $WFT $HAL $OAS $CLR $OIH $FCG

OPEC reached an agreement this morning to cut oil production more significantly than anyone expected. In the past, OPEC agreements have suffered from widespread cheating. This time it is somewhat different, in that most of the cuts are coming from Saudi Arabia, and in our opinion, Saudi Arabia tends to cheat a lot less than others and often keeps its commitments. For this reason, it is time for a fresh look at some oil stocks and ETFs.

Below, I will discuss three oil stocks for investors, a super major suitable for most, a rocket ship suitable only for aggressive investors and a high-risk, high-reward special situation.… Please click here or the title below to read more.

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