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 …
Gold prices are influenced by both ‘fear trade’ and ‘love trade’.
Figuring out movements in gold prices is never an easy task. One of the things that complicates the pressure on price movements is the unique attribute of gold as a personal possession. Frank Holmes, CEO of U.S. Global Investors, talks about two different types of trade in gold. First, there is the fear trade. …
3 Places in your home NOT to hide your gold.
These three places have two things in common. First, they are the three places most home owners hide their cash and valuables. Second, they are the three areas in your home where thieves look first. It sounds crazy, but it’s true. Bad hiding place #1: In your bedroom. It’s where women keep their jewelry, and …
Don’t let investor sentiment get in the way of your long-terms plans for gold.
This has been an odd week. The price of gold has taken some hard hits. How come? Because investor sentiment is bullish for greener pastures. In other words, they feel suddenly optimistic about the chances of making more money by selling gold and investing in the stock market. Why do they feel that way? Well, …