A gold nugget that’s worth over $400,000.
It’s a dream that comes true for almost nobody – finding a giant gold nugget. Well, here is a truly huge nugget, worth over $400,000. I think I would be happy to find one worth just a tenth of that price.
Cash-for-gold stores are the perfect place for thieves to convert stolen gold into cash.
As you have probably noticed, since the crash of 2008, tens of thousands of cash-for-gold businesses have sprung up all over the country. You’ll find them in most malls, and online. In fact, last time I went to my local dry cleaners, they had put a cash-for-gold sign in their window. It makes sense, …
Numismatic gold coins are a tricky buy when it comes to investing.
First, let’s clarify the difference between gold bullion coins and numismatic gold coins. Gold bullion coins are minted on a regular basis, each containing a fixed weight in gold. They are not rare, or collectible. You buy and sell them according to the spot price of gold on any given day. Numismatic gold coins, however, …
Owning Gold News Roundup, Feb 25th.
Gold prices have been rising this week, largely because of concerns over Libya, and its oil production. There have been a few ups and downs in the price, but the trend seems set to continue higher…at least until things calm down in North Africa. Gold Falls From Highest Price in Seven Weeks; Silver Declines BusinessWeek …
When investment professionals spout nonsense about gold prices…Part One.
Reading a recent commentary by Jon Nadler, of Kitco Metals Inc.- an excellent source of quality information and opinions – I was struck by this quote. “Matthew Clark, financial planner at Thomas Westcott Financial Management, said he was cautious about the hype surrounding gold. “Gold is now firmly in this camp and the rapid rise …
Owning Gold News Roundup, Feb 18th.
In this week’s gold news, China is dominating the headlines. And even when not in the headline, you’ll find China mentioned within the body of most articles and news items. To find out why, take your pick from the articles below. Is China Trying To Create A New Gold Standard? Not only has China been …
Owning Gold News Roundup, Feb 11th.
This week I have included recent news items, but also a couple of articles about moving your gold overseas. Bottom line – if you want to move your gold outside of the US, learn the rules first. Investing in gold: a beginner's guide – MoneyWeek Beautiful, indestructible, rare and conferred the unique status of universal …