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Gold prices have been rising this week, largely because of concerns over Libya, and its oil production. There have been a few ups and downs in the price, but the trend seems set to continue higher…at least until things calm down in North Africa.
Take a look at what’s happening globally this week. In particular, look at the uprising in Libya, and the impact that is having on the price of light crude oil.
Oil prices are spiking. Gold prices are going up.
This is why we own gold.
We are not gold speculators or traders, fretting …
Reading a recent commentary by Jon Nadler, of Kitco Metals Inc.- an excellent source of quality information and opinions – I was struck by this quote.
“Matthew Clark, financial planner at Thomas Westcott Financial Management, said he was cautious about the hype surrounding gold.
“Gold …
In this week’s gold news, China is dominating the headlines. And even when not in the headline, you’ll find China mentioned within the body of most articles and news items.
To find out why, take your pick from the articles below.
Is China Trying To Create A New Gold Standard?
Not only …
When gold prices jump up or down, the media gets all over it.
When gold prices remain the same, the media isn’t interested.
In other words, big media – whether that be TV or radio – is always looking for a story.
But let’s say gold prices are moving up this week, which …
This week I have included recent news items, but also a couple of articles about moving your gold overseas. Bottom line – if you want to move your gold outside of the US, learn the rules first.
Investing in gold: a beginner's guide – MoneyWeek
Beautiful, indestructible, rare and conferred the …
Well, if anyone knew the answer to that question, they would be assured of a very successful year.
But, of course, we don’t know. We don’t even know what the price of gold will be tomorrow.
Gold prices are notoriously hard to predict because they are influenced by so many different factors.
And …
Do you need a set of scales to weigh your gold?
That depends on the types of gold you own, and plan to buy.
If you just buy bullion gold coins or bars, a set of scales isn’t really necessary. You know the weight of each coin, and the purity of …
When you give your money to a bank, you lose control.
When you take out a loan, you lose a great deal more control.
When your debts add up, and you suddenly find yourself struggling to repay them, the banks own your life.
Watch this clip from the movie, The International.
Job one, clearly, …
Here some of this week’s news items relating to gold and gold prices. As you can see, there is still some optimism out there!
Airtime: ET. Is now the time to get into gold? Insight with Jim LaCamp, Macroportfolio Advisors and Zachary Karabell, River Twice Research. Watch …
