Bullion, the oldest reliable investment!

If gold prices are meant to be going up, how come they are going down?

This third week of September has been nothing short of tumultuous. Gold prices have taken a huge beating. On the face of it, the decline in gold prices appears to make little sense. It’s not as if the economic outlook in North America or Europe is getting any better. Greece is in a mess, several …

Bullion, the oldest reliable investment!

How to profit from a ride on the gold price roller coaster.

Normally, when gold prices go up and down like a roller coaster, it’s enough to give you ulcers. But right now, with the longer-term trends still pointing upwards, dips or corrections in gold prices are a gift. They give you an opportunity to buy more gold before the next leap upwards. In the words of …

Bullion, the oldest reliable investment!

Got 111.5 tons of gold? If you have, the European Parliament will take it.

If you have ever wondered how close world governments are to recognizing gold as money, look no further than Europe.   In a May 25 press release, the European Parliament stated: “The Economic and Monetary Affairs Committee of the European Parliament has approved gold to be used as collateral confirming its status as a high-quality …

Bullion, the oldest reliable investment!

Who is buying gold? The Chinese are. And I’m not talking about the Chinese government.

As with any other commodity, the price of gold rises and falls according to supply and demand.   And if you want to see where the demand is right now, look no further than the 1,336,718,000 inhabitants of China. Yes, that’s about one and a third billion people. According to the head of the country’s …

Bullion, the oldest reliable investment!

The next big financial crash may happen for the same reasons that airplanes crash. (And if it does, you’ll be thankful you own gold.)

  Can you really compare a global financial crash with an airplane crash? I think you can.   Modern commercial aircraft are high-tech flying machines, flown most of the time by their onboard computer systems. But sometimes, as was the case with the Air France flight off the coast of Brazil, these planes crash. In …

Bullion, the oldest reliable investment!

Who is buying gold? The Central Bank of Mexico.

The Banco de Mexico bought 93.3 tonnes of gold bullion in February and March, according to data released by the International Monetary Fund. It had previously held 6.9 tonnes.   “We want to get the best risk-return balance in our investments,” Said Agustin Carstens, governor of Bank de Mexico. “Given the performance gold has had …