Popular Gold News

Popular News

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...

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 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...

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...

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 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...
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...

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...

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...
After last week’s Easy Money (Q3) announcement by the Fed, gold is looking very fine today indeed at $1,773 per ounce.  Still, it has some work cut out for it.  Next stop is $1,920 per ounce.  But why $1,920?  Why not simply $2,000.  After all, isn’t $2,000 what the precious metals pundits have been targeting?  Isn’t that where the market is headed?  Why split hairs for the extra $80.00 per… Read more...