Here is this week’s roundup of gold in the news.
As you can see, much of the news touches on the continued decline in gold prices. However, this is not a reason to rush into selling your gold.
The only reason to sell gold would be if you truly felt that all the world’s economic ills were healed, and that for the rest of this year and beyond we are going to hear only good news.
Sadly, I don’t think that will be the case.
Bad news for the economy, but ultimately good for owners of gold.
The 13 Countries That Control the World’s Gold – 24/7 Wall St.
Even if 2011 has gotten off to a rough start for gold, everyone knows that the value of gold is at historic highs. What is interesting is that there is rarely a discussion about which countries actually have a lock on the world’s gold.
Publish Date: 01/26/2011 16:53
http://247wallst.com/2011/01/26/the-13-countries-that-control-the-worlds-gold/
Gold – The Beginning of the Plunge? – CBS MoneyWatch.com
Traders dump gold” was the headline of the day, according to an article from “The Street.” Gold is down nearly $100 from its.
Publish Date: 01/26/2011 9:30
http://moneywatch.bnet.com/investing/blog/irrational-investor/gold-the-beginning-of-the-plunge/2627/
CNBC Stock Market News — Why Investors Should Still Own Gold …
Despite gold’s recent correction, investors should still look into ways to get into the precious metal as it will soon see a rally, said Doug Roberts, chief investment strategist at Channel Capital Research.
Publish Date: 01/20/2011 11:16
http://www.cnbc.com/id/41172802/Why_Investors_Should_Still_Own_Gold_Strategist
China vs. JPMorgan: Battle for Gold and Silver | Gold Stock Bull
Gold is down 6% and silver 12% since the start of 2011. This is the sharpest decline in precious metals since June of last year and with technical support broken at the 50-day moving averages, many are concerned of a deeper correction …
Publish Date: 01/23/2011 16:55
http://www.goldstockbull.com/articles/gold-battle-china-vs-jpmorgan/