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This third week of September has been nothing short of tumultuous. Gold prices have taken a huge beating.
On the face of it, the decline in gold prices appears to make little sense. It’s not as if the economic outlook in North America or Europe is getting any better. Greece …
Once again, Wikileaks gives us an insight into areas most politicians would prefer stay hidden.
Here is an excerpt from a cable published by Wikileaks, and sent from the US Embassy in Beijing in April, 2009:
3. CHINA’S GOLD RESERVES
“China increases its gold reserves in order to …
National central banks buy gold bullion for the security it provides. While currencies can become devalued to such a degree that they become almost worthless, that won’t happen to gold.
Gold prices may rise and fall, but they will never fall to zero.
In fact, at the exact time that paper …
Mike Maloney is the founder of GoldSilver.com and, in addition to selling gold and silver, he is a big educator and advocate, particularly when it comes to gold.
In this video he looks at the rise in the US of the monetary base, combined with total revolving credit. What’s …
First, let me qualify that headline by saying this applies only if gold continue to at least hold its value. If the price of gold suddenly drops significantly, then your savings will take a corresponding hit.
So while using gold as vehicle for savings has been a good bet for …
Given the unusual volatility of gold prices recently, that might appear to be a tough question to answer.
The gold market it not used to the level of attention and activity it has attracted in recent months. With economic woes headlining in both the US and Europe, investors have fled …
As I write this post, gold prices are jumping up and down like a scared rabbit. This morning it looked like prices were in free-fall for a while.
Well, that may bring gold investors out in a sweat, but for those of us who have purchased gold as a safe haven …
If you own gold and keep it at home, you need to be aware of something.
Thieves watch the news too. And they follow the rising price of gold as closely as you and I do.
Homes and jewelry stores are being targeted for theft more and more often. The huge …
When was the last time your investment advisor recommended you buy physical gold in the form of gold bullion coins or bars? I’m pretty sure he or she never has.
How come?
The quick and simple answer is that your investment advisor won’t make a penny on the transaction. They won’t …
