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Posts tagged ‘spot gold’

26
Aug

Spot Gold Price Jumps

Spot Gold Price

spot gold

gold bars

As I’m writing this post the New York spot gold price has once again gone through $1800 per ounce! Spot gold right now is up $36 per ounce at $1806. Read more »

24
Aug

Gold Price Huge two Day Drop

gold nugget

gold nugget

gold price

As I’m writing this the spot New York gold prices off by $65 to$1781 per ounce. Unless prices turnaround prior to the close of the market today, which I doubt, today will mark the second day of huge price drops for the spot price of gold. This two day price drop will mark the largest drop in the spot price of gold since December 2008. Read more »

21
Aug

Gold Is Money

Gold is money vs Ben Bernanke Gold is not money

Ben Bernanke seems to think gold is not money …. this is part of why the US is in a huge debt problem.

19
Aug

The Worst Is Yet To Come For The Markets & Economy

Economist Peter Schiff on FXBIZ -

Economist Peter Schiff says Americans will face increasing unemployment, inflation, and possible bread-lines if government backed bail-outs continue.

If you believe Mr. Schiff, perhaps owning some gold would be a prudent idea!

18
Aug

Spot Gold Smashes Through $1,800

Arizona gold nugget

Arizona gold nugget

Spot gold as I’m writing this is over$1,826 per ounce! It was just about 10 days ago that I wrote that the spot gold price had just broken through $1700 per ounce!

Spot Gold prices hit new all-time highs  after Morgan Stanley said the U.S. would grow only 3.9% in 2011, down from 4.2%. Growth expectations for 2012 were also cut, from 4.5% to 3.8%, and the investment bank delivered another blow by saying that the U.S. and Europe are close to a recession. Read more »