Gold has always held a very important position in matters of finance and a nation’s economic well-being. Gold has always been considered an asset. Women from centuries have held on to their jewelry and passed on their asset and the related wisdom to generations. Gold has been used as currency, remains a financial asset for [...]
Where is gold mined around the world?
April 18, 2008 By 1 Comment
Gold mines are present in six continents except Antarctica. This article will familiarize you with the prominent gold-producing nations of the world. South Africa, the United States, and Australia are the three largest gold-producers countries. For decades, South Africa has been the largest producer of gold. In 1970, the world owed two-thirds of its gold [...]
What is gold used for?
April 17, 2008 By Leave a Comment
Gold, the most sought after metal in the world is sought not only because of its luster but also for the various other properties it holds. Properties of Gold Gold is a good conductor of electricity and heat. An important property of gold is that it is resistant to corrosion: it does not react with [...]
Agnico-Eagle Mines Limited (AEM)
April 14, 2008 By Leave a Comment
A great way to get into the precious metals craze going on right now is to look towards mining and producing companies dealing with precious metals such as gold. One of those gold mining stocks is Agnico-Eagle Mines Limited (NYSE:AEM) located out of Toronto, ON. At the time of this writing AEM was trading at [...]
GLD streetTRACKS Gold ETF
April 9, 2008 By Leave a Comment
Recently we discussed the iShares ETF IAU which is a gold trust ETF like the silver trust ETF SLV. Now here’s another one that, if you’re into ETFs, you may be interested in. It’s called streetTRACKS Gold Trust (GLD). Like IAU and SLV, GLD buys and stores gold and allows investors to buy a share [...]
IAU, iShares Golden ETF
April 6, 2008 By 1 Comment
Gold Above $910, Is it a Buy?
April 6, 2008 By 1 Comment
Gold Heads Higher After Week Long Sell-off
April 2, 2008 By Leave a Comment
Gold Retreats for Several Days
April 1, 2008 By Leave a Comment
The markets, US and around the world have been in a very volatile state, no doubt in response to the mortgage fiasco going on in America. Gold and other precious metals have mostly followed this turmoil and seen a large increase in price since these types of investments are considered safer. But is gold really [...]