$1500 is a high price target for gold per ounce. Actually, let us correct that, $1500 was a high price target for the price of gold. That number is not longer out of reach and the markets continue to dabble with it as profit takers and debt worries seem to be providing resistance and growth [...]
How Do You Short the Price of Gold?
Price of Gold Over $1460 Reaching New Highs
China Central Bank Recommends Buying Gold
The Price of Gold is Reaching New Highs
Since we last updated this site the price of gold has been quickly progressing upward. In fact, the price of gold, silver and other precious metals continues to set new highs and make a lot of investors pretty happy. Today, an ounce of gold hit $1437 while silver managed to continue it’s push and break [...]
iShares GLD Closes Above $120
Will Markets Upward Trend Hurt GLD?
The markets have been whacky ever since the troubles with Greece and their more debt then even the countries worth problems have hit the worldwide stage. The Euro is trying to sustain a just better than the dollar level. And oil continues to pour into the Gulf of Mexico. But even in all this up [...]
7 Reasons to Buy Gold
We found a great article with five reasons that you should buy gold right now. And as the title states, it’s more than just an inflation thing. 1. Gold Mine Production is Decreasing 2. Gold is Getting Harder to Find 3. Investment Demand for Gold 4. Central Banks are Buying Gold 5. Push for Gold-backed [...]
