Spot Gold Price Hits New High
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
Gold The Bench Mark of True Wealth
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
Gold for Cash
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.
Gold ETFs
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.










