Popular Gold News

Popular News

Gold Up Sharply on Physical Demand

Wednesday, 25 June 2014
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Published in Gold Investing
Gold hit prices it hasn't seen since April, on a combination of factors that include Iraq and concerns over stock market valuations both in the US and the European Union. Gold is up again in mid-week trading, moving higher by $3.68 to $1,321.78, and silver was higher by $0.15 to $21.05. The boost in gold prices, combined with softness in equities, dropped the Dow/Gold Ratio to 12.74, nearly a full point in… Read more...
For almost anyone that collects coins, you know that the America the Beautiful quarter series has become wildly popular over the last couple of years since they started minting and releasing these coins. Well, this should get all of you even more excited ahead of time. Today designs for the 2013 America the Beautiful Quarters, the sixteenth through twentieth coins under the America the Beautiful Quarters Program were revealed, along… Read more...
Former money manager Ann Barnhardt, who in November of 2011 made the decision to cease operations of her brokerage firm and return funds to her customers citing “systemic” problems within the entire financial industry, has issued a new warning about the stability of US banks and the safety of individual deposit accounts. The warning, stemming from a recent federal appeals court ruling surrounding customer funds lost during the 2007 collapse… Read more...
For several months now investors in America have debated whether or not the Feds are ever really going to give another stimulus to the U.S. economy or not. They have flirted with the idea, but continued to stay away from the possibility because the economy is recovering, albeit slowly. Now it seems the big players on Wall Street all seem to agree on one thing; that the Federal Reserve is… Read more...
Federal Reserve policy makers signaled readiness to boost record stimulus unless they are convinced the economy is poised to rebound. Recent signs of strength may not be enough to satisfy them. Many members of the policy-setting Federal Open Market Committee said further action would probably be needed “fairly soon” without evidence of “substantial and sustainable” improvement in the recovery, according to minutes of the July 31-Aug. 1 meeting released yesterday… Read more...

Uncertain Economic Optimism from the Fed

Friday, 20 June 2014
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Published in Gold Investing
On Wednesday, the Federal Reserve announced it would keep its rates low for a while to allow the economy to recover. The thinking behind the announcement is that with lower rates in effect, businesses would be more inclined to invest, thus stimulating economic activity. The day after the announcement, gold bolted $41.40 to $1,340 an ounce, and silver $0.87 to $20.65 per ounce. Although precious metals are in a customary… Read more...

Gold Higher on Unrest in Iraq

Wednesday, 18 June 2014
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Published in Gold Investing
Gold came off its highs earlier in the week, to stabilize early Wednesday with prices up $0.80 to $1,271.22, and silver up $0.03 to $19.77. The surge in gold prices trimmed the Dow/Gold Ratio to 13.19, indicating gold gained ground against the Dow in a zigzag trading week. Silver managed a good surge, trimming the Silver/Gold ratio to 64.3, with silver benefiting from its dual role as both a precious… Read more...
Law Makes Gold, Silver Coins Legal Tender in Oklahoma, Does Away with "Nonsensical" Tax | KFOR NewsChannel 4 Read more...

How Should We Thank Ben Bernanke?

Thursday, 20 September 2012
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Published in From The CEO
What can we say to Fed Chairman Ben Bernanke after his announcement that, along with Q3, comes an assumed open license to keep the printing presses rolling?  Should we express rage or frustration?  Should we barrage the Fed with our phone calls or emails? After all, His Majesty has decided to make mincemeat of our retirement and savings.  The least we can do is to let him know we’re not… Read more...

Wall Street Reopens and Gold Jumps Immediately

Wednesday, 31 October 2012
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Published in Gold Investing
On the heels of one of the worst hurricanes in some time, Wall Street was finally able to open back up. As expected, gold jumped immediately, welcoming back traders and investors as over 6 million people try to get their normal lives back on track after the super storm. Hurricane Sandy recently swept through the east coast, causing major damage and shutting down thousands of businesses, as well as leaving… Read more...