Why it Pays to Own Gold
Do you ever believe the government can really cut some spending? No, I’m not talking cutting projected spending increases, but real cuts to our out of control spending! Owning some gold sounds like a prudent investment in today’s economy. For some good ideas on possible cuts in our bloated government, view this video:
Gold Could Reach $2,000 in Six Months
Spot Gold Price Could Reach $2,000 in Six Months
Tony Hall, chief investment officer of Duet Commodities Fund Ltd., discusses the outlook for gold and copper. He speaks with Francine Lacqua on Bloomberg Television’s “On the Move.”
California Gold Rush
California Gold Rush
The California Gold Rush (1848–1855) began on January 24, 1848, when gold was found by James W. Marshall at Sutter’s Mill in Coloma, California.
All in all, the news of gold brought some 300,000 people to California from the rest of the United States and abroad.
The gold-seekers, called “forty-niners” (as a reference to 1849), often faced substantial hardships on the trip. While most of the newly arrived were Americans, the Gold Rush attracted tens of thousands from Latin America, Europe, Australia, and China. At first, the prospectors retrieved the gold from streams and riverbeds using simple techniques, such as panning.
View natural California gold nuggets.
Gold – Why Own It
GOLD
Below is a must see short video about gold. It shows how gold has retained value throughout history and is an attractive alternative to cash today. Legendary investors, central banks and the astute are buying gold today. ‘GoldNomics’ shows gold is an important safe haven asset and an essential investment and saving diversification in these uncertain times.
Gold Price Hits $1900 Per Ounce
Arizona gold nugget
Gold price
Today’s precious metals market was somewhat mixed with gold up $18 per ounce to a record of $1900 per ounce. But at the same time, silver and palladium were both down.
So, even with the government intervention in the commodities future markets in the last few weeks, all that was accomplished was a minor pullback in precious metals that actually created a great buying opportunity.it was just about a week ago, actually it was onAugust 30, 2011 where I wrote that gold (gold price) had just gone over $1800 per ounce.
Well, it may not happen immediately, but the strong momentum behind the upward gold move would seem to indicate the likelihood that by year’s end the spot gold price will be over $2000 per ounce!
