Comments on: Spot Gold Price … Long Slow Rise is Best Bet

By: Crystalline leaf

Crystalline leaf — Fri, 22 May 2009 07:01:33 +0000

As mutual funds and pension funds purchase ETF's like IAU and GLD, the fund companies must also purchase gold as the asset which backs the value of the ETF's. Thus, the price of gold rises with continuing demand from ETF and closed end fund companies whose net asset value (NAV) depends on the value of gold. Crystalline gold leaf

By: Crystalline gold

Crystalline gold — Fri, 22 May 2009 07:00:31 +0000

Investors see the decline in the value of the US dollar as a harbinger of inflation. Gold acts as a hedge against inflation because of its property as a store of value as opposed to currencies like the US dollar. Thus, as inflation rises, people buy gold as a hedge against inflation and, ultimately, the decline in the value of the currency. Crystalline gold nuggets

By: California Gold Nuggets

California Gold Nuggets — Fri, 22 May 2009 06:59:09 +0000

To see the ‘live’ spot NY gold price and some museum size gold nuggets I suggest you visit a great site I found a few months ago. I purchase a few nuggets from them just about a month ago, and not only are they beautiful to look at but in just the last few weeks they have really moved up in value!

I’m actually saving to purchase others!

The site is: http://www.california-gold-rush-miner.us

Gold Nuggets