When you are buying gold coins or bars with your own hard-earned cash, the ups and downs in gold prices can feel downright scary. For professional investors and traders, it’s different. It isn’t their money they are spending, and they are used to seeing some volatility in prices. As a gold owner, how can you …
This has been an odd week. The price of gold has taken some hard hits. How come? Because investor sentiment is bullish for greener pastures. In other words, they feel suddenly optimistic about the chances of making more money by selling gold and investing in the stock market. Why do they feel that way? Well, …
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 …
People who own gold and people who invest in the stock market have fundamentally different goals. Gold owners are protecting a proportion of their wealth in a form that is physical, in their possession, and will always hold value. Investors put money into stocks and bonds in the hope of making big profits. But here …
Good question. A fascinating question too. If you want to learn all about the belief that the price of gold is manipulated, head over to Gata.org. At Gata.org they believe absolutely that the price of gold is artificially suppressed, and has been for many years. Read other commentators and they’ll dismiss the idea out of …
A few years ago, World Bank chief Robert Zoellick said in an article the Financial Times that leading economies should consider “employing gold as an international reference point of market expectations about inflation, deflation and future currency values.” Naturally, economists and self-appointed pundits around the world called him mad, saying there is no way we …
I couldn’t resist grabbing this screen shot. I have been wondering whether, or when the price of gold would break the $1,400 barrier. Yes, there is a “barrier”. Breaking that round number takes some doing. Perhaps it shouldn’t be any different from breaking the $1,397 barrier – but it is. Sentiment and psychology always play …