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Posts tagged ‘gold investments’

5
Oct

Spot Gold Price Hits New High

Australian gold nuggets

Australian gold nuggets

Another day and another new high for the spot gold price. Yes, once again, as I write this post the spot gold price is at $1,339, up $25 so far for the day.

A slew of data and announcements highlighting the weakness of global currencies and the health of governments spurred the  gold rally. Read more »

23
Sep

Gold The Bench Mark of True Wealth

California gold nugget specimen

California gold nugget specimen

AS long as the Federal government spends money like a teenager at a shopping mall, Gold will hit even further records.

I like reading and watching stories from those that refuse to use the word INFLATION. The fact that gold hit record highs is because of huge inflation. Some even predict Hyper inflation to come. As long as Ben and the banksters continue on this spending and printing spree there is more of that to come. Huge cost increases like the world has ever seen. Read more »

16
Sep

Gold Investing vs Stock Investing

Yukon gold nuggets

Yukon gold nuggets

Anyone claiming that gold is too expensive relative to stocks is missing the bigger picture.  Commodities are in a secular bull. Historically, these periods end with a Dow:gold ratio near 1:1. A quick glance at the Dow priced in gold over the last 10 years shows several periods of crashing stock prices versus gold followed by long consolidations. We have been in consolidation for over a year and now may be on the verge of another crash in stocks in terms of real money. This move can be manifested by either a surge in gold, lower stocks, or a combination of both.

gold nugget gram scales

18
Aug

Gold for Cash

Arizona gold nugget

Arizona gold nugget

Sell your gold! We want your gold and will give you cold, hard paper in return for it.

While in the east people have been and are scrambling to buy as much gold as they can.

Read more »

11
Jun

Gold ETFs

California gold nugget

California gold nugget

The big story here was the huge increase in the popularity of gold exchange-traded funds. Gold ETFs, like all ETFs, are similar to mutual funds but bought and sold like stocks. They allow investors to quickly and painlessly diversify into gold without the transaction costs and storage expenses associated with holding physical bullion or coins.

Overall, the assets of gold ETFs increased 84% in 2009 as investors sought protection from a falling U.S. dollar and economic uncertainty.

Arizona gold prospecting