Popular Gold News

Popular News

Underestimating Gold's Long-Term Value

Sunday, 01 July 2012
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Published in From The CEO
In our last commentary, we stressed that while a single economic event might cause a spike up or a short-term sag in the gold price, it can’t derail its long-term potential for a much higher price.  The optimistic events in the last day of the European Summit, though they infused gold with a $47.00(USD) quick move up in price, did little to change our thinking about focusing on individual events.  Read more...

The Gold Capitol of the World

Thursday, 17 January 2013
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Published in World Economy
If there’s a contemporary city capitol for gold, it’s Kerala, India. Some might think that New York should wear such a crown, with Wall Street, the Federal Reserve and other massive stores of wealth on the island. However, though such wealth is clearly evident in the Big Apple, the prevalence of gold among the populace doesn’t hold a candle to Kerala. Not a small city by any stretch, Kerala’s 33… Read more...

Was the Government Shutdown Good for Gold?

Thursday, 17 October 2013
Written by
Published in United States Economy
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… Read more...

Gold on Track for Quarterly Drop

Thursday, 28 March 2013
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Published in Gold Investing
Gold has been struggling to make any type of gains over the past several weeks. While the yellow metal has been up and down over the last few weeks, it has also hovered around the same $1,575 - $1,610 per ounce price mark. It seems as though the yellow metal just can’t break through right now and is somewhat stuck in the same place. Read more...

It’s Nail-Biting Time for Gold

Monday, 05 November 2012
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Published in From The CEO
By the time you read this, Americans will most probably know whether they’ll be keeping the same president they’ve had for the past 4 years or sending a new valiant soldier to the Whitehouse.  Also, power will be restored to many of the victims of Hurricane Sandy, and lines at the pump will become noticeably shorter.  While we may feel tempted to breathe easy and intone “this too shall pass,”… Read more...

Gold moves up in price. George Soros buys.

Friday, 23 November 2012
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Published in From The CEO
As we dive into the Thanksgiving holiday and the dollar slips, gold has pushed up to $1,752 per ounce.  The taking out of the 50-day moving average has proved a game-changer for the yellow metal. But the even bigger news – news that should provide guidance if not consolation for the average investor – is that George Soros has stepped up to the plate with a 1.32 million share increase… Read more...

Gold Jumps on Weaker Dollar

Wednesday, 17 October 2012
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Published in Gold Investing
Gold jumped back up today (Wednesday) on news of a weaker dollar. Growing progress toward a debt solution for Europe weakened the dollar, and gold took advantage, gaining over $6 for the day. While not a double-digit jump, it was nice to see the yellow metal still going strong. Gold for December delivery GCZ2 +0.34% climbed by $6.50, or 0.4%, to come in at $1,752.80 an ounce. It traded as… Read more...

Central Banks Look to Build Gold Reserves

Thursday, 14 March 2013
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Published in World Economy
Central Banks have a choice to make. They either need to buy and sell gold, or start looking into building gold reserves. This will help their situations in the long run and add to their non-Dollar and non-Euro assets. This according to a new study from gold-market development organization the World Gold Council. Read more...
By the time you read this, you will have begun celebrating Christmas with family or friends, and persuaded yourself that the world, as recently predicted, did not end.  Gold traders must have felt the same way because the yellow metal closed up $9.00 last Fridayat a price of $1,657.00 per ounce.  Positive U.S. data and thin trading have had a negative effect on gold prices in the last several days. … Read more...

Are Greece and Spain The First Dominoes?

Tuesday, 04 September 2012
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Published in From The CEO
In the global business section of The New York Times a few days ago, there appeared a story about a thirty-eight-year-old executive from Spain who abruptly removed all his funds from  Spanish banks, packed his bags, and with his family in tow, expatriated to Cambridge, England.  Many in Spain who can are now doing the same thing.  Read more...
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