Popular Gold News

Popular News

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 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...
Law Makes Gold, Silver Coins Legal Tender in Oklahoma, Does Away with "Nonsensical" Tax | KFOR NewsChannel 4 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 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...

$4 gas: Get used to it

Friday, 05 October 2012
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Published in United States Economy
A new U.N. report says the massive bets placed on the commodities markets are the "root cause" of the volatility in oil and gas prices. And that's not about to change President Obama may have a lot more to worry about than bombing the debate this week. Traders are starting to get particularly bullish over gasoline prices – and that is bad news for the average driver, who may also… Read more...

Weak Commodities Cause Gold to Drop

Monday, 24 September 2012
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Published in Gold Investing
After hitting a near seven-month high last week, gold finally dropped last week as broadly lower crude oil and grain prices prompted investors to take profits. This is the first time in a while that outside commodity trading has hurt the yellow metal, and while the drop was small, it was still a drop after gold had put on an impressive run over the last couple of months. Traders agree… Read more...
This may be surprising to many of us in the Western part of the world, but some news broke late yesterday about a massive illegal gold-futures trading scam in China. These actually hint at two things. Read more...

Think About a Silver 401K

Wednesday, 19 September 2012
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Published in IRA & 401k
Silver has always been regarded as one of the most popular precious metals in the world, perhaps even the most popular. While gold is what most people look at, silver is the most widely used precious metal in the world, and enjoys a level of success due to the fact that it is popular with investors and collectors and used in many industries. This is as good of a reason… Read more...