February 4, 2012

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 [...]

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 [...]

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 [...]

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? [...]

Should You Buy Gold Now?

While we’re not going to give a buy recommendation on gold right now we do think it’s one to watch. Nearly $300 off it’s high of earlier in the year, an ounce of gold may be the place to put your money during this possible inflationary time. But nobody is giving any recommendations lately.  Not [...]

Is Buying Gold the Safe Investement?

Buying gold right now, amidst a failed Wall Street bailout bill from congress may be the only way to safeguard your money.  Banks are failing right now and that means there is a chance, even though a small one, that you could loose your money you have with those banks. Now if you have less [...]

Buy Gold In the Face of Criticism?

Should you buy gold while a lot of analysts are calling the recent high point a peak, a bubble and no chance of getting above $1000 again? While we can’t really say what you personally should do, that depends on your personal finance situation. We can give you our opinions. Look at it this way. [...]

Investing in Gold While The Price is Low

Buying gold right now might seem crazy to some. The price has been rising rapidly, oil and other commodities have been shooting through the roof, and theres talk of an oil bubble about to burst. So what is the common investor to do? If you ask us, we would say buy gold. Why? Inflation is [...]

Gold Buyers Looking For Deals

The dollar finally had a little bump yesterday against the Euro which sent precious metals retreating after making large moves last week. Oil has been trying to help gold buyers regain some confidence in the metal but to no avail. Gold, for the second straight day, fell $20 plus per ounce in trading. Gold stands [...]

A Gold Spike on Rising Gas

Gold prices are down, dollars per ounce. The price of gold is around $880 per ounce and has dropped off dramatically in the last two months. For investors who haven’t gotten in on this run-up yet that could spell a great buying time. We’ve already seen the price of gold make huge strides toward $1000 [...]