Buying gold Archives - Page 14 of 14

Buy gold coins from an ATM. If you’re willing to travel.

Gold ATMs made their debut in May, 2010 at the $3-billion Emirates Palace Hotel in Abu Dhabi, pictured above. Seems like a nice idea to be able to walk up to a machine and buy yourself some gold coins or small bullion bars. A lot more convenient than the more traditional means of purchase. Are …

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A lovely day for buying gold.

If you buy gold from time to time, you probably look for a day or series of days when its climb in price pauses or dips. Yesterday, October 19th, was just such a day. The Chinese announced they were raising interest rates, which resulted in the dollar gaining some strength, which led to a fall …

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When the Fed wants more inflation, it’s a good time to buy more gold.

The Fed’s Federal Open Market Committee recently released a statement saying, in part, “policymakers signaled that they’re worried that inflation has fallen too low, with the ‘core’ consumer price index rising year-over-year at a rate of less than 1.0% in recent months, a 44-year low.” Inflation is too low? That’s a novel idea. Those of …

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Goldman Sachs forecasts $1,650 per ounce for gold within 12 months.

Usually it is just the gold bugs who make big forecasts about the price of gold going up, and up, and up. But this time the prediction is coming from Wall Street bank, Goldman Sachs. Do they have a good track record when it comes to predicting gold prices? Well, their prediction from a year …

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An odd reason not to consider the Canadian Gold Maple Leaf.

I have read in a couple of places recently that some people are choosing not to buy the Canadian Gold Maple Leaf coin because its .9999 purity means it is easily scratched. Its purity is the very reason I would choose it. You’re getting the purest gold possible. No other gold coin comes in a …

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Don’t buy gold coins from telemarketers.

With the price of gold surging ever upwards, telemarketers are coming out of the woodwork and plying their trade. First, they scare their listeners with tales of economic meltdown, evil banks, upcoming wars and anything else they can think of to make you nervous about your financial security. Then they start selling you gold coins. …

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