Blog - Page 15 of 20 - Owning Gold

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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Gold prices are a lot less volatile than you might think.

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 …

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Gold has both a trading price, and an investment price.

Any given day’s gold price may not reflect its real value to you, as a long-term investor in gold. The recent fall is gold prices is largely the result of gold traders selling their gold positions in gold ETF holdings. And the volume of sales has driven the price of gold down. Here is an …

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Owning Gold News Roundup, January 28

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 …

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Troy grams? I think you mean Troy ounces.

I received a question the other day about “Troy grams”. There is no such thing. But that did give me the opportunity to answer the question I was really being asked. And that was, “Is a Troy ounce the same as a regular ounce?” The answer is no. A “regular’ ounce, technically known as an …

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Owning Gold News Roundup, January 22

This is the first in a series of regular posts in which I share a roundup of gold news from other sources. Investorideas.com – Kitcommentary from Kitco Metals Inc. – “Der … And, since China was very much on player’s minds during the metals’ meltdown this week (something we alluded to in the first part …

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Is it easy to buy gold coins and gold bars online?

It used to be quite a hassle to buy gold online. You had to register, and even then you couldn’t use your credit card. You had to send a person check, wait for it to clear, and so on. If you wanted to buy more than a coin or two, you couldn’t even write a …

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In India and China they seem to get more pleasure from buying gold than we do.

In North America and Europe, buying gold bullion coins and bars is a rather secretive affair. If and when we buy it, it’s almost under cover of darkness. We sneak the gold into our homes or safety deposit boxes, and don’t say a word about it. We rarely display it. Elsewhere in the world, people’s …

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