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The photo above shows Saddam Hussein’s gold, hidden in a tanker truck.
That’s a lot of gold!
And when he had it hidden all in the same place, it was all lost once the truck was found.
Of course, he was probably in a bit of a hurry when he …
Here is a great quote, attributed to George Bernard Shaw, the Irish playwright and a co-founder of the London School of Economics.
“You have a choice between the natural stability of gold and the honesty and intelligence of the members of government. And with all due respect to those …
Since December 7th, gold prices seem to have been spluttering up and down, with a bit of a downward trend.
Buyers with a delicate constitution might be fretting right now, and biting their fingernails.
But they shouldn’t be.
Gold has had another stellar performance this year, increasing in value by 27%. Do you …
Both gold bullion and silver are money metals.
Both are an effective store of wealth, as insurance against sudden economic downturns.
Both also offer liquidity, in so far as they are easy to sell if and when you need to.
So yes, by all means also buy silver coins and bars.
In fact, …
Daily gold prices go up and down.
It’s true of gold, of other commodities, and of stocks and bonds.
The key to gold ownership is to ignore these ups and downs. Also, ignore the larger corrections, which can see the price of gold fall by several percentage points.
These price changes and corrections …
If you are planning to buy some more gold coins or gold bars soon, you might want to do so before the end of the year.
Current gold prices are down from where they were, and you can catch a good price on any downward move between now and the last …
Ten years ago Chinese investment gold demand – demand not related to jewelry, etc – was about 3 to 4 tons a year.
By 2009 it had grown to 45 tons.
Shen Xiagrong, chairman of the Shanghai Gold Exchange, recently revealed that China’s gold imports had rocketed almost fivefold so far this …
That’s a reasonable question.
All other things being equal, you should buy gold bars. In other words, if you are thinking about buying a one ounce gold coin, buy a one ounce gold bar instead.
Why? Because you’ll pay less for it.
For some reason, the minting cost for bars seem to be …
The British Gold Sovereign was first produced in 1489, and has been minted on and off ever since.
Its major claim to fame is that is has been used repeatedly as survival currency during times of war.
During WWII, British spies would have sovereigns sown into their clothes when …
People who own gold and people who invest in the stock market have fundamentally different goals.
Gold owners are protecting a proportion of their wealth in a form that is physical, in their possession, and will always hold value.
Investors put money into stocks and bonds in the hope of making big …
