Trevor Gerszt

Trevor Gerszt has been passionate about gold since childhood. Growing up in South Africa, the world’s second largest gold producer, Gerszt spent his youth collecting gold coins. Surrounded by a family of experienced coin collectors, he gained valuable insight about the precious metal.

Gold Bulls Regain Some Traction

Wednesday, 11 June 2014
Published in Gold Investing
Whether you call it a correction or a relief rally, this week certainly comes as a relief to gold bulls — and the sudden turnaround in gold prices lets me hold my analyst head a little higher, though gold is still solidly down on the 30-day chart. Read more...

In recent years, the investment community has increasingly looked to the principle of sector rotation as a way of understanding why some investments are better than others. In fact, the concept itself hedges the question; because it suggests that one kind of investment is better than another only during a specified period of time.

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Heavy outflows from gold ETFs, and a sag in demand for physical bullion, pushed gold prices back below $1,300 in mid-week trading. Gold is currently down $11.44 to $1,296.30, and silver followed gold lower by $0.18 to $19.38. 

Gold pushed below the $1,300 support level despite a weaker U.S dollar, which usually tends to lift gold prices. The price move boosted the Dow/Gold Ratio to 12.71, up from 12.6, which indicates that investors are continuing to leave gold on the sidelines to move money into equities.

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Gold prices bounced off their lows of the month to stabilize around the $1,248 an ounce mark, but there’s nothing to indicate commodities, including gold and silver, have found a floor. It’s probably little comfort to investors that the weakness in prices are reflected across a broad range of commodities including crude oil, gasoline, industrial metals, and food products. Read more...

Gold Continues Lower

Monday, 02 December 2013
Published in Gold Investing
Tagged under
Asian demand for physical gold stepped up to slow the fall of gold and silver prices, as demand for bars, coins, and jewelry picked up in China — but it wasn't enough to reverse the recent downtrend. In early trading on Thursday, gold was down another $33.16 to $1,241.74 an ounce; and silver prices firmed up just under $20. Read more...
An IRA is a special type of savings account created for the purpose of reducing taxation and preparing for retirement. There are two main types of IRAs, Traditional and Roth. Each one has specific benefits, and they can be used to help save and accrue money that can be accessed on a tax beneficial basis, once you reach the age of 59. Read more...
When it comes to modeling success, I was taught to do so by looking at those who have accomplished what I want to accomplish. So, why wouldn't I look at the fact that there is a trend, in which the richest people in the world are protecting themselves from a potential recession by investing their money in gold and silver? Read more...
Gold is a highly valued investment haven in times of economic or political crisis.  Ever since the introduction of fiat currencies, which have value only because a government backs them, gold has been a safe place to invest when paper money destabilizes.  When American politicians abuse our economic system to jostle for power, gold can seem like an especially attractive investment.  Before you ramp up your gold investments, however, you should take a closer look at what’s really going on. Read more...
While we’ve consistently maintained that any time is a good time to buy gold, some times are better than others. Because of some conspicuous weaknesses in our economy, now is an excellent time to buy gold. Here’s why. Read more...

Uncertainty Driving Gold Markets

Wednesday, 23 October 2013
Published in United States Economy
With the Federal Reserve in a state of transition, with new leadership coming to the helm and the clown show we call Congress taking the country to the brink of a catastrophic default, gold prices are on a tear this week. Gold is up $48 an ounce for the week so far, completely erasing losses for the month; and the uptrend looks to finish the week out on a high note.  Read more...