Popular Gold News

Popular News

Is Gold Percolating or Just Stalling?

Monday, 26 November 2012
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Published in From The CEO
Thanksgiving was a week of confusion for gold.  It range traded between $1,712 per ounce and $1,752 per ounce on mostly technical activity.  Yet uncertainty related to the U.S. fiscal-cliff discussions seems to have made November the strongest month of gold purchases since last January at the U.S. Mint.  It reports sales of 56, 000oz of gold and 2,265,500oz of silver so far. Still, the yellow metal will have to… Read more...
As we move closer to the end of 2013, and official fiscal-cliff argument toggles back and forth, it’s all too easy to sink into despair. Particularly if you’re a precious metals investor.  What in the world happened to gold predictions of $1,800 by the end of this year?  And what in blazes became of silver predictions surpassing the all-time high of $52 per ounce reached in 1979?  Are precious metals… Read more...

Will Gold Deliver An Encore Performance?

Sunday, 23 September 2012
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Published in From The CEO
If you embrace a conventional investment outlook, you’ll want to beware of the gold market.  The price seems so high right now.  Besides, everyone knows what goes up just has to go down. The problem with this argument arises when you attempt to define the word “up” in a commodity, especially in a precious metal.  Andreally, just how high is high?  If you’ve been attending gold concerts for the last… 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...

Gold Back Up After Three Days of Losses

Thursday, 11 October 2012
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Published in Gold Investing
Gold moved back up in price after having three straight days of losses. The yellow metal showed its strength against a dollar that was weakened against the euro. Gold has remained strong, even over the last three days of losses, and should continue to do so for the foreseeable future. Gold for December delivery moved up by $5.50 to come in at $1,770.60 an ounce at the Comex division of… 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...

Gold Drops on Surprising Jobs Data

Friday, 05 October 2012
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Published in United States Economy
Gold dropped some to end the week, as a surprising U.S. jobs data report was received and showed a drop in the unemployment rate for September. This was actually something that was not suspected, and while a drop in unemployment is always welcome, if gold doesn’t know it is coming, then it usually affects the overall price of the yellow metal. Gold for December delivery fell by $12.40, or 0.7%,… Read more...
Gold was sparked again today after renewed talks of both a European and a U.S. stimulus were renewed. The yellow metal jumped nearly 2 percent as investors found the news of stimulus talks very exciting. While the Feds will continue to wait in hopes that the slow to recover economy will improve without the stimulus, the fact of the matter is that they may have no choice but to inject… Read more...

Is Gold Faking Us Out?

Friday, 03 August 2012
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Published in From The CEO
When you stare into the abyss, the abyss stares back at you.-- Friedrich Nietzsche What’s ailing gold? We’ve waited for so many months; have been so patient and believing. Read more...

Summer Fed Antics

Tuesday, 31 July 2012
Written by
Published in From The CEO
As I write this, the Federal Reserve has just wrapped up the second day of its Federal Open Market Committee (FMOC) meeting.  Only God and Ben Bernanke knew how the carnival would ultimately shake out.  Depending on which pundit you consulted this morning, you were likely to get a different take on things.  Read more...