Buying gold
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, …
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 …
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. …
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, …
When you’re not sure who or what to believe, you can always believe in gold.
Here is a great quote, attributed to George Bernard Shaw, the Irish playwright and a co-founder of the London School of Economics. “You have a choice between the natural stability of gold and the honesty and intelligence of the members of government. And with all due respect to those gentlemen, I advise you, as long …