February 4, 2012

ETF Holdings for Gold at All Time High

Gold ETF holdings continue to rise and now sit at an all-time high as investors continue to scramble due to the economy. The SPDR Gold Shares Trust (GLD) has added 10.22 tonnes of gold since last week as gold prices continue to go higher and higher. The all-time high for holdings of the Gold Shares [...]

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 [...]

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 [...]

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 [...]

GLD streetTRACKS Gold ETF

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

If you want to get into gold and you don’t want have gold bullion collecting dust in the corner of your safe deposit box, then an iShares electronically traded fund might be the way to go for you. With iShares IAU ETF you can own a fractional ownership of gold held by the iShares Gold [...]