February 4, 2012

Consider Buying Gold While it is Low

Gold is in the midst of a massive selloff, and even hit a new two-month low earlier today, as cash starved investors sell, sell, sell in order to gain cash. So what should you do? You may want to consider buying gold while it is low, as the chances are it is going to spike [...]

Gold Falls to Two-Month Low, Cash is Currently King

Gold futures ended the day with their lowest rate since July, as the current economic situation is proving that cash is currently king. This new two-month low follows the massive drops that gold experienced last week, as investors are in the midst of a massive gold selloff to gain cash to cover other stock losses. [...]

Broad Sell Off Causes Gold to Dip Below $1,700

Gold dropped to below $1,700 an ounce as investors continue their broad sell off to cover other losses in the market. Escalating anxiety that Europe’s debt crisis will spark a global economic recession is making matters even worse, as there looks to be no place for investors to turn. Gold was acting as a safe [...]

Investors Selling Gold to Cover Stock Losses

Investors are caught in a gold price bubble right now as many of them sold off their gold to cover losses in other stocks. All of this is due to the news out of Greece and the 90% chance that Greece is going to default. Lets look at this from both perspectives. Gold is either [...]

Is the Bull Market For Gold About to Peak?

Before we get to the real meat of this question we need to understand that the answer to this question is really just predictions thrown together by a number of gold investors. That being said, there is some pretty defining info that backs up the following answer to whether or not the gold bull market [...]

Fed Says No More Rate Cuts, Gold May Suffer

The price of gold retreated today on the Feds announcement that they were most likely done cutting rates. This announcement came while oil continues to rise and the market remains shaky. Gold, which is one of those safe havens for dollars, especially when the dollar is weak as it is now, may suffer at the [...]

Gold Heads Higher After Week Long Sell-off

The price of gold per ounce headed higher today after a week long drop in price from it’s high of just over $1000. Gold came out of the weekend under $900 but has since climbed back over the mark and is inching ever so slightly back towards that high. While the stock market continues to [...]

Gold Retreats for Several Days

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 [...]