May 18, 2012

The Price of Gold Reaching $1500

$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?

The price of gold has shot through the roof in recent months and doesn’t look like it’s going to stop. The current price of gold as I write this is $1474. Do you think gold will continue to rise? Or do you think gold will drop like a rock? If you think the price of [...]

Price of Gold Over $1460 Reaching New Highs

The price of gold per ounce has risen dramatically over the past few years and just today we’re reaching even newer highs. This shouldn’t be a big surprise to most of you, this has been a regular occurance in the past few months. But the big news is that it’s happening during a time when [...]

China Central Bank Recommends Buying Gold

Yup, you read that right. We just read on Forbes, among other news outlets that have reported that the Central Bank of China is now recommending to it’s people, all 1 Billion of them, that they buy gold as a hedge against inflation. This is an impressive move for a central bank of any country [...]

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

For the past couple of years NYSE:GLD has been on a tear while SLV has been slowly following behind. The rest of the market on the other hand, well you know the story with that, sad sad sad. But the iShares trust GLD has been following right along lock step with gold and the precious [...]

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 [...]

Gold Buying Tips

So gold and other commodities are all the rage right now. Jim Rogers says gold is going to $2000, others say it’ll hit $3000, others still say it is over priced. Who are you to believe? Well you don’t have to believe us, but when we started this blog gold was below $900. That’s right, [...]

Gold Exceeding $1000

That’s right, we’re late on the reporting but gold is over $1000 US dollars for an ounce. Yikes.  Is it too much?  No one really knows, but all those skeptics that spoke out as it traveled down below $900 after coming near these recent highs a while back are eating their words…. Or are they? [...]