Popular Gold News

Popular News
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...

Hedging, Hoarding or Capital Appreciation?

Monday, 13 August 2012
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Published in From The CEO
While gold remains placid during these summer months ($1,620.9 per ounce as I write today’s column), it may be a good idea to settle back and ponder the percentage of your portfolio you should maintain in the yellow metal. 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...

Put a Silver Bullet in Your Portfolio

Tuesday, 25 September 2012
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Published in From The CEO
It’s time for another reminder about silver.  At today’s close of $33.995 per ounce, and with a current gold:silver ratio of 51.60, we just can’t ignore the gray metal.  And neither should you. In the precious metals family, gold is the child that just has to grab all the media and investor attention.  As a result, every once in awhile we feel obliged to put forth a wakeup call about… Read more...

Why Gold Remains a Sound Investment In 2012

Sunday, 24 June 2012
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Published in From The CEO
“Paper is poverty,… it is only the ghost of money, and not money itself.” Fascinating quote, isn’t it? It’s a statement that could easily have been made by George Soros, Ron Paul or even Alan Greenspan -- gold aficionados all of them. But this particular quote hails from a much earlier source. It happens to be taken from a letter Thomas Jefferson wrote in 1788 to Colonel Edward Carrington– a… Read more...
The debut designs of the 2013 $1 Presidential coins have been released. This program started in 2007 has become increasingly popular and the coin series that was created to honor all of our past Presidents will release the twenty-fifth through twenty-eighth issues in 2013. Below you will find a quick list of the 2013 release dates for these coins, along with the Presidents depicted on each coin. William McKinley, February… Read more...

Gold on the Ropes, but Not Yet Down and Out

Friday, 10 August 2012
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Published in From The CEO
Gold is straining investors’ patience.  It clings tightly to the ropes, but the referee hasn’t stopped the fight yet.  The Fed posturing of the last several months has failed to materialize into a third round of quantitative easing here in the states, an event we know will not only pull gold off the ropes, but will enable it to triumph.  The yellow metal has endured more than its share of… Read more...

Where Do We Go From Here?

Sunday, 16 September 2012
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Published in From The CEO
Last Thursday, Ben Bernanke sang, and the global economy danced to his tune.  After the Fed’s announced the guarantee of monetary easing for -- let’s face it -- as long as it now pleases, gold futures surged to a high of almost seven months. Then today, the yellow metal decided to rest down $14.70 for a close of $1758.50 per ounce.  Markets go up; markets go down.  Without a close… Read more...

Gold Regains Price Lead Over Platinum

Wednesday, 16 January 2013
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Published in Gold Investing
Only one day removed from topping gold in the price category, platinum was back down below the price of gold, as the yellow metal experienced yet another jump in price while platinum gave back some of its previous gains on rising supply concerns from major producer South Africa.Platinum had initially gone up in price for the sixth straight day yesterday after the world's number one producer of the metal, Anglo… Read more...

Gold bounces from seven week low, eyes Bank of Japan

Thursday, 25 October 2012
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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...