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...
Gold may gain for the second time in three sessions amid signs of improving demand in India, the world’s biggest consumer.Physical dealers in India cited a “notable pickup” in purchases during the past few sessions amid lower domestic prices, Barclays Plc said today in a report. Indians tend to buy more at this time of year because of jewelry demand for the wedding season and festivals. Holdings in exchange-traded products… Read more...

Gold Coins Strong While Other Coins Stumble

Thursday, 01 November 2012
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Published in Gold Investing
Coin sales have been really heating up lately, especially with collectors and investors wanting to buy something tangible. That being said, last week coin sales took a hit, which was probably due to Hurricane Sandy and other outside forces. Other factors involved include falling silver prices and the fact that no new coins have been introduced over the last week. That being said, gold coins didn’t take a hit, as… Read more...

The Fall Move Up In Gold Begins

Wednesday, 05 September 2012
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Published in From The CEO
It could have been a fluke.  After all, we’ve seen it happen before.  Even precious metals experts had begun despairing.  Market pundits were announcing that gold was experiencing its last, valiant hurrah! Last week we saw gold move up over $30.00 in a single trading day.  Then we heard the warnings from the usual suspects.  This is a momentary spike.  This is fool’s gold.  This is the time to be… Read more...

Gold Rebounds on Fed Policy Comments

Thursday, 25 October 2012
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Published in Gold Investing
After a few days of losses gold was able to rebound based on the most recent Fed policy comments. After the Fed meeting was over yesterday they went ahead and reiterated their commitment to ultra-easy monetary policy. This was a welcomed piece of news, as it eased some tensions that have been created over the last few days within the gold trading arena. Gold for December delivery jumped back up… 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...

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...

Will the Gold Standard Return?

Sunday, 19 August 2012
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Published in From The CEO
Paul Ryan, Mitt Romney’s choice for his Vice Presidential running mate, holds some very strong opinions.  For starters, he wants to limit the powers of The Federal Reserve, especially its ability to print paper money at will.  Read more...
While many at Casey Research don't like making price predictions, and certainly ones accompanied by a specific date, it's hard to ignore the correlation between the US monetary base and the gold price. That correlation says we'll see $2,300 gold by January 2014. There are plenty of long-term charts that show a connection between gold and various other forms of money (and credit). Most show that one outperforms until the… Read more...
U.S. stocks slid the most since June and Treasuries rose as General Electric Co. (GE), McDonald’s Corp. and Microsoft Corp. posted results that missed estimates and euro-area leaders failed to discuss aid for Spain at a summit. Metals and oil led a slump in Commodities. The Standard & Poor’s 500 Index fell 1.3 percent at 1:11 p.m. in New York, poised for its worst drop on a closing basis since… Read more...