Looking at the cover of this recent issue of Newsweek, you might get the impression that the world as we know it is coming to an end. There is no doubt that the last few months have been extraordinary. Massive earthquakes, tsunamis, nuclear accidents, revolution and civil war in the Middle East and in North …
Don’t get me wrong. I’m not suggesting you follow in Qaddafi’s footsteps. He’s a dictator, and deserves to be pushed out. But there is one lesson we can learn from him. He knows and has always known that things can go badly wrong for him. That comes with the territory when you’re an unpopular despot. …
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.
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, …
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, …
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 …
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 …
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 …