Popular Gold News

Popular News

Gold at the Crossroads

Thursday, 04 October 2012
Written by
Published in From The CEO
Although our glorious Fed has given gold a ticket to ride with quantitative easing, nobody said it would be an easy ride.  As we’ve pointed out on numerous occasions here at The Investor’s Corner, there will be encouraging starts and disheartening stops along the way.  In the parlance of market technicians, those starts and stops express themselves numerically as support and resistance points.   But make no mistake – support and… Read more...

Columbus Day Brings Gold Drop

Monday, 08 October 2012
Written by
Published in Gold Investing
Most people are off work today and celebrating Columbus Day in some aspect. That being said, this time the holiday brought with it a drop in the price of gold, as the yellow metal fell in price to come in at right around $1,775 for the day. Last week’s good employment numbers strengthened the dollar, and while gold was still very strong through last week, it did have some affect… Read more...
Federal Reserve Chairman Ben S. Bernanke told lawmakers that progress in reducing unemployment is likely to be “frustratingly slow” and repeated that the central bank is ready to take further action to boost the recovery, while refraining from pledging any new policies. Read more...

Gold Remains Steady Heading Into the Weekend

Friday, 18 January 2013
Written by
Published in Gold Investing
Gold remained steady today heading into the third weekend of January as little news hit the wire that caused any kind of stir. The yellow metal was down, but just over a dollar, as investors and traders chose to keep things quiet today and see what develops next week as we start to head into the second month of 2013. Read more...

Gold bounces from seven week low, eyes Bank of Japan

Thursday, 25 October 2012
Written by
Published in Gold Investing
Gold rose on Thursday, after a drop to seven-week lows the previous day, with a rising euro and prospects of further monetary stimulus lending support to prices. Spot gold was up 0.8 percent at $1,714.34 an ounce at 1451 GMT, bouncing off Wednesday's seven-week low of $1,698.39. U.S. gold futures for December delivery were up $13.70 an ounce at $1,715.30. Bullion rallied steadily to an 11-month peak above $1,795 an… Read more...

Gold to $10,000 - Never say never - Mineweb

Thursday, 18 October 2012
Written by
Published in Gold Investing
Long term gold price targets get more and more optimistic with some respected analysts seeing $10,000 gold ahead - this may seem unlikely but only a few years ago $1,000 gold seemed out of sight! A remark on another website by Mark O'Byrne caught my eye - "Longer term, respected analysts are calling for gold prices above $5,000/oz and much higher forecasted prices such as between $5,000 and $10,000 per… Read more...

Gold: What a Boring Investment!

Wednesday, 15 August 2012
Written by
Published in From The CEO
Everybody wants to make money, right?  Yes, but investing should still be fun.  After all, who wants to endure a daily slog through a bunch of numbers and theories and not be able to enjoy themselves in the process? Read more...
U.S. stocks advanced, erasing an earlier loss in the Standard & Poor’s 500 Index (SPX), as a rise in jobless claims was offset by better-than-estimated data on leading indicators and Philadelphia manufacturing. Travelers Cos. gained 3.8 percent as earnings more than doubled on lower claims costs tied to natural disasters. Supervalu Inc. (SVU) jumped 3.9 percent as the grocery store chain said it has received interest from several parties amid… Read more...
As orders from food makers have picked up during the past year, Create-A-Pack Foods Inc. turned to a staffing company, Kelly Services Inc. (KELYA), to add about 100 workers. Hiring on a temporary basis saves money if an employee doesn’t work out and expands recruiting beyond Create-A-Pack’s Ixonia, Wisconsin, headquarters, Chief Executive Officer Glenn Cochrane said. Read more...
U.S. stocks are beating every major asset class for the first time in 17 years even as economic growth weakens and profits rise at the slowest rate since 2009. The Standard & Poor’s 500 Index has rallied 14 percent in 2012, beating Treasuries, corporate bonds, commodities, the dollar and equities in Asia and Europe, data compiled by Bloomberg show. The last time that happened, in 1995, the S&P 500 was… Read more...