Popular Gold News

Popular News
“Amateurs want to be right. Professionals want to make money.” — Warren Buffett I’ll give you the answer straight-up to the question posed in the title of this blog piece in just a moment. Bear with me for a minute though. Sixty years ago, a freelance writer named Darrell Huff published a book called How to Lie with Statistics. It became a classic — one of the most widely sold how-to books ever. In… Read more...
In our last article, we promised to offer some additional insight today about why, although silver normally tracks gold, it will ultimately outperform the yellow metal in a precious metals bull market.  The performance of both metals over the last decade offer clear proof of this difference in price surge.  According to Lloyds TSB, gold has risen 428% since 2002, but silver has risen 572% in the same period of… Read more...
Poor President Obama. Right after he promised the American people we were packing up the tanks and the M16s, and bringing American forces home from Afghanistan, wouldn't you know that Al Quaeda-influenced forces would start a civil war in Iraq. What’s a president to do — fire Press Secretary Jay Carney? Tell US armed forces that all leave is cancelled? Call a special session of Congress? Here we go again. The world’s at… Read more...
1. Stocks are more profitable in the long run. Which stocks? General Motors, maybe? True, that's a stock that has performed nicely this year. But need we remind you GM went bankrupt as recently as three years ago? If you don’t mind looking over your shoulder at the competitive Japanese car market and the labor problems that dogged GM for a long time, go ahead — take your chances. Or did you… Read more...
In today’s issue of The Wall Street Journal, there’s a story – more of a newspaper real estate listing, really – of a condo on Park Avenue in New York City that recently sold for $1.29 million.  The interior pictures of the apartment, though appealing, are by no means impressive.  And as New York City real estate prices go, the price is not exactly staggering for a three-bedroom condo –… Read more...
Certainly one benefit of waiting till the world ends to buy gold, is that you don’t have to worry that much about price. Chances are that the party you buy it from will be more worried about where he’s going to hide and where his next meal is coming from, than the price he’s going to charge you for his gold stash. Another benefit of buying then is you don’t have to… Read more...

The Gold Price – Why the Hold Up?

Friday, 16 November 2012
Written by
Published in From The CEO
It bears repeating that no commodity or stock moves in a straight line – up or down.  Gold moves up; it moves down.  Some worry; some become overjoyed.  Some see higher prices for the gold.  Others despair over what they think is a bearish trend for the yellow metal.  It’s fascinating to see two analysts look at the same data and see opposing trends.  It’s become so confusing that Bloomberg… 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...
Many expected it would happen.  Others swore it wouldn’t.  Stock market gurus hoped for it.  Hard asset traders warned against it.  But now its here.  It goes by different names:  QE3, Quantitative Easing, Monetary Easing …. Economic Stimulus.  Now we’re stuck with it. Slice it any way you’d like, or continue to argue the issue. But The Fed Printing Presses are officially turned on and cranking.  And, according to all… Read more...

The World Gold Council 3rd Quarter Report

Friday, 26 October 2012
Written by
Published in From The CEO
As the price of gold fluctuates, it’s useful to step back occasionallyand look at the big picture with respect to its price movement and how supplies are distributed throughout the central banks of the world.  We need to remind ourselves that paper money remains plentiful in our era of monetary easing, and that gold remains rare.  As financial writer Philip Coggan points out, all the gold that’s ever been mined… Read more...