Blog - Page 14 of 20 - Owning Gold

This week…this is why we own gold.

Take a look at what’s happening globally this week. In particular, look at the uprising in Libya, and the impact that is having on the price of light crude oil. Oil prices are spiking. Gold prices are going up. This is why we own gold. We are not gold speculators or traders, fretting over every …

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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 …

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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 …

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For gold price predictions, don’t listen to the big media pundits.

When gold prices jump up or down, the media gets all over it. When gold prices remain the same, the media isn’t interested. In other words, big media – whether that be TV or radio – is always looking for a story. But let’s say gold prices are moving up this week, which they are, …

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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 …

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How high will gold prices rise in 2011?

Well, if anyone knew the answer to that question, they would be assured of a very successful year. But, of course, we don’t know. We don’t even know what the price of gold will be tomorrow. Gold prices are notoriously hard to predict because they are influenced by so many different factors. And sometimes, even …

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To weigh gold, you need a decent set of scales.

Do you need a set of scales to weigh your gold? That depends on the types of gold you own, and plan to buy. If you just buy bullion gold coins or bars, a set of scales isn’t really necessary. You know the weight of each coin, and the purity of the gold it …

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Owning gold is about retaining control.

When you give your money to a bank, you lose control. When you take out a loan, you lose a great deal more control. When your debts add up, and you suddenly find yourself struggling to repay them, the banks own your life. Watch this clip from the movie, The International. Job one, clearly, is …

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Owning Gold News Roundup, Feb 4th

Here some of this week’s news items relating to gold and gold prices. As you can see, there is still some optimism out there! Gold Rush? – CNBC.com Airtime: ET. Is now the time to get into gold? Insight with Jim LaCamp, Macroportfolio Advisors and Zachary Karabell, River Twice Research. Watch the video … Gold …

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Keep your gold, because you don’t know what’s coming.

Gold prices go up and down largely as a result of what is happening this week, and today. These are knee-jerk price moves, often influenced by announcements from one government department or another. As for analysts, experts and financial journalists…all they can do is make predictions based on the past. When applied to the future, …

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