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Should I buy gold stocks now, that keep hitting new highs? Why gold could rally 60% to a new high and hit $3,944
Well, well, the gold price hit a new record. It's up 25% in a year and once it punches through $2500, it will probably keep rising as central banks keep buying more gold.
Why are banks buying gold? Central banks around the world are reducing the amount of US dollars they hol...
Well, well, the gold price hit a new record. It's up 25% in a year and once it punches through $2500, it will probably keep rising as central banks keep buying more gold.
Why are banks buying gold? Central banks around the world are reducing the amount of US dollars they hol...
![Should I buy gold stocks now, that keep hitting new highs? Why gold could rally 60% to a new high and hit $3,944](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240722/06a7b3cfa56f82ea4ba1c547a1307662.jpg/thumb?area=102&is_public=true)
![Should I buy gold stocks now, that keep hitting new highs? Why gold could rally 60% to a new high and hit $3,944](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240722/613276efe9e9524184c9a5407740950b.jpg/thumb?area=102&is_public=true)
![Should I buy gold stocks now, that keep hitting new highs? Why gold could rally 60% to a new high and hit $3,944](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240722/2fd68d98f8771aed4204265103ec0db3.jpg/thumb?area=102&is_public=true)
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$Newmont(NEM.US$ Hello everyone, good move on gold today reaching its all time high. My prediction is we will likely hit 3,000 by year end. I also expect gold at much higher prices for the next 2 years. The reason of my view is historically institutions normally holds 2% of gold in their portfolio. However due to recent strong years on equities in technology and AI stocks and also BTC and over all cryptocurrencies, institutions had been drawing down gold moving to equities and retailers mov...
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We talked about several ways to build your portfolio in the US stock market last Thursday (7/11) in light of the interest rate cuts. This week, we will examine the potential for investing in gold.
Gold hits a new high.
Since March of this year, gold has been steadily climbing and broke through several key price levels after reaching a historic high on March 6th. Following a period of consolidation between mi...
Gold hits a new high.
Since March of this year, gold has been steadily climbing and broke through several key price levels after reaching a historic high on March 6th. Following a period of consolidation between mi...
![Advantages of investing in gold: in the context of interest rate cuts and the Trump deal.](https://ussnsimg.moomoo.com/sns_client_feed/77777025/20240719/1721371581576-7dbb9745cc.png/thumb?area=999&is_public=true)
![Advantages of investing in gold: in the context of interest rate cuts and the Trump deal.](https://ussnsimg.moomoo.com/sns_client_feed/77777025/20240719/1721371581538-bfbb239af5.jpeg/thumb?area=999&is_public=true)
![Advantages of investing in gold: in the context of interest rate cuts and the Trump deal.](https://ussnsimg.moomoo.com/sns_client_feed/77777025/20240719/1721371581903-92307bd230.png/thumb?area=999&is_public=true)
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Are you looking for investment advice and guidance? Well, you've come to the right place! Last week, we announced our Weekly Q&A event for members of our Moomoo Learn Premium AU chat group. This is a great opportunity for you to get your investment questions answered by an expert analyst and gain valuable insights into the market.
Cici will be collecting questions from the daily discussions and chats in the group, as well as any questions y...
Cici will be collecting questions from the daily discussions and chats in the group, as well as any questions y...
![Weekly QA with moomoo strategist: How to invest in gold?](https://ussnsimg.moomoo.com/sns_client_feed/71220648/20240717/1721206940267-ca0b9b7467.png?area=999&is_public=true)
![Weekly QA with moomoo strategist: How to invest in gold?](https://ussnsimg.moomoo.com/sns_client_feed/71220648/20240717/1721207068293-92f28490d6.png?area=999&is_public=true)
![Weekly QA with moomoo strategist: How to invest in gold?](https://ussnsimg.moomoo.com/sns_client_feed/71220648/20240717/1721207159192-028f717648.png?area=999&is_public=true)
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Columns A quickie on markets: chances of Trump 2.0 in the White House. THREE THINGS YOU NEED TO KNOW
Here are some comments I shared this morning with Reuters and also on TickerTV during my interviews.
Donald Trump made his first apperance since the rally attack and also tapped JD Vance, 39, as his running mate, for the Republican party. This all happened on the same day that the Fed's Jerome Powell affirmed that inflation is heading toward the Fed's 2% goal, possibly paving the way for a near-term rate ...
Donald Trump made his first apperance since the rally attack and also tapped JD Vance, 39, as his running mate, for the Republican party. This all happened on the same day that the Fed's Jerome Powell affirmed that inflation is heading toward the Fed's 2% goal, possibly paving the way for a near-term rate ...
![A quickie on markets: chances of Trump 2.0 in the White House. THREE THINGS YOU NEED TO KNOW](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240716/d56b030fed85ab606d8ac6e92d20215e.jpg/thumb?area=102&is_public=true)
![A quickie on markets: chances of Trump 2.0 in the White House. THREE THINGS YOU NEED TO KNOW](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240716/765f9116790182243f090c2827a15de6.jpg/thumb?area=102&is_public=true)
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Hi Mooers! July is historically one of the best-performing months of the year for the stock market, and this year is no exception.
In fact, over the last 20 years, the best performance is seen in July, with the $S&P 500 Index(.SPX.US$ gaining 2.6% on average, while the $S&P/ASX 200(.XJO.AU$ has generated the best return in July as well, with an average return of 1.95%.
We're gearing up for an exciting month with ASX 200 hit it...
In fact, over the last 20 years, the best performance is seen in July, with the $S&P 500 Index(.SPX.US$ gaining 2.6% on average, while the $S&P/ASX 200(.XJO.AU$ has generated the best return in July as well, with an average return of 1.95%.
We're gearing up for an exciting month with ASX 200 hit it...
![July Effect: How to seize the wave in the best month to be invested?](https://sgsnsimg.moomoo.com/sns_client_feed/151000100/20240715/1721008375152-b8c80dd133.png/thumb?area=102&is_public=true)
![July Effect: How to seize the wave in the best month to be invested?](https://sgsnsimg.moomoo.com/sns_client_feed/151000100/20240715/1721008375437-597b51d300.png/thumb?area=102&is_public=true)
![July Effect: How to seize the wave in the best month to be invested?](https://sgsnsimg.moomoo.com/sns_client_feed/151000100/20240716/1721097202484-2042bbdcd0.jpeg/thumb?area=102&is_public=true)
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Chrysos Corp, originally developed at Australia's national science agency, CSIRO, Chrysos Corp $Chrysos Corp Ltd(C79.AU$ is a software company used in the mining industry.
Other companies spun out of CSIRO include Audinate $Audinate Group Ltd(AD8.AU$ that grew from a $1.60 stock in 2017 to $15.48 today.
Performance:
Chrysos Corp shares rose 6.5% on Tuesday on the ASX, closing at A$5.86, outperforming the ASX 2...
Other companies spun out of CSIRO include Audinate $Audinate Group Ltd(AD8.AU$ that grew from a $1.60 stock in 2017 to $15.48 today.
Performance:
Chrysos Corp shares rose 6.5% on Tuesday on the ASX, closing at A$5.86, outperforming the ASX 2...
![Chrysos Corporation: a rising star in mining tech and a CSIRO spin off worth watching](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240716/e3685105f7881fd1c0477454a37eac43.png/thumb?area=102&is_public=true)
![Chrysos Corporation: a rising star in mining tech and a CSIRO spin off worth watching](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240716/be13f3f4eb1e2f7132cc8ef22684be34.jpg/thumb?area=102&is_public=true)
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This is not normally a stock I would cover. However Marathon Digital Holdings $Marathon Digital(MARA.US$ is a profitable business that is involved in utility-scale bitcoin mining. I cannot give advice but what I can tell you I that that its expected to grow its revenue by 90%+. So what's not to like about that?
However I'd be a tad cautious as its stock appears overbought at these levels. But the last time it was this ...
However I'd be a tad cautious as its stock appears overbought at these levels. But the last time it was this ...
![Why I am watching MARA Marathon Digital Holdings like I am watching my figure](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240716/18455283c49d7090ab0ec8130c785deb.png/thumb?area=102&is_public=true)
![Why I am watching MARA Marathon Digital Holdings like I am watching my figure](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240716/011f1d6fd9c1739b0afd700ad5ce450a.png/thumb?area=102&is_public=true)
![Why I am watching MARA Marathon Digital Holdings like I am watching my figure](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240716/2ba8cd5bcc5b0b06e2c4d997fa87edd2.png/thumb?area=102&is_public=true)
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Our Market Strategist @Jessica Amir broke down the top 5 traded stocks from the past week. Surprisingly, Aussie moomoo users have been trading US stocks the most, including:
1. $Tesla(TSLA.US$
2. $NVIDIA(NVDA.US$
3. $MicroStrategy(MSTR.US$
4. $Apple(AAPL.US$
5. $Proshares Ultra QQQ ETF(QLD.US$
Watch the video to hear her thoughts, or comment if you've traded any of these stocks recently!
1. $Tesla(TSLA.US$
2. $NVIDIA(NVDA.US$
3. $MicroStrategy(MSTR.US$
4. $Apple(AAPL.US$
5. $Proshares Ultra QQQ ETF(QLD.US$
Watch the video to hear her thoughts, or comment if you've traded any of these stocks recently!
![Curious about what other Aussie mooers are trading?](https://1500015405.vod2.myqcloud.com/c84591d5vodtranssgp1500015405/90a2cdc01253642701203788763/coverBySnapshot/coverBySnapshot_10_0.jpg)
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151453268 witso : wow jess you like the shiny stuff too, your posts are always on point and timely . American interest rate direction and the gold price are closely tied particularly as you said about the state of
dollar. There are so many factors providing a tail wind for gold some obvious like the oil price some not so obvious but definitely in play like China, Russia and the Saudi,s toying with a new currency to do business with and buying bulk gold possibly to bankroll it off . Their has to be a great recipe for gold and your insight is definitely part of it![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)