When you’re not sure who or what to believe, you can always believe in gold.
Here is a great quote, attributed to George Bernard Shaw, the Irish playwright and a co-founder of the London School of Economics. “You have a choice between the natural stability of gold and the honesty and intelligence of the members of government. And with all due respect to those gentlemen, I advise you, as long …
Disappointed by gold’s recent performance? Don’t be.
Since December 7th, gold prices seem to have been spluttering up and down, with a bit of a downward trend. Buyers with a delicate constitution might be fretting right now, and biting their fingernails. But they shouldn’t be. Gold has had another stellar performance this year, increasing in value by 27%. Do you have any …
How you feel about daily gold prices depends on your vision of where the world economy is headed.
Daily gold prices go up and down. It’s true of gold, of other commodities, and of stocks and bonds. The key to gold ownership is to ignore these ups and downs. Also, ignore the larger corrections, which can see the price of gold fall by several percentage points. These price changes and corrections give traditional …
Why China is buying so much gold.
Ten years ago Chinese investment gold demand – demand not related to jewelry, etc – was about 3 to 4 tons a year. By 2009 it had grown to 45 tons. Shen Xiagrong, chairman of the Shanghai Gold Exchange, recently revealed that China’s gold imports had rocketed almost fivefold so far this year, to 209 …
The Gold Sovereign – The ultimate gold survival coin.
The British Gold Sovereign was first produced in 1489, and has been minted on and off ever since. Its major claim to fame is that is has been used repeatedly as survival currency during times of war. During WWII, British spies would have sovereigns sown into their clothes when dropped behind enemy lines. The sovereigns …