Gold prices Archives - Page 2 of 10

The absolute scarcity of Bitcoin will drive the price sky-high.

If you’re new to Bitcoin, you may not know this one essential fact. There is an absolute limit to the number of Bitcoins that can ever be created. That’s part of the original protocol, and cannot be changed. That number is 21 million. Over 18.5 million have already been created. And there is a …

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As the Bitcoin price rises, it’s time for gold owners to take a closer look.

Funny thing about people who love Bitcoin… It took them a while to get there, even while the Bitcoin price was going up, in fits and starts. Almost everyone I talk to went through a stage of dismissing Bitcoin. This was certainly true for me. When I first took a look, about 8 years ago …

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If alchemists really could transform lead into gold, what would that do to the price of gold?

The practice and promise of alchemy have been around for thousands of years, with roots in Europe, North Africa and the Far East. In spite of a long history and broad range of interests, alchemists are undoubtedly best known for their obsession with the transmutation of base metals into noble metals. In other words – …

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Why I model my gold purchases on the buying patterns of Central Banks.

During these turbulent times, how can the price of gold remain almost constant? It’s been like this for over a year now. Actually, the price of gold isn’t much different today from what it was 5 years ago… with a few ups and downs along the way. At first sight, it makes absolutely no sense. …

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Why I’ve been silent about gold during a year of political and financial chaos…

It’s been over a year since I last wrote a post here. It’s not that I’m no longer interested in gold and gold bullion. Far from it. Nor is it that I’ve stopped buying gold for myself. I haven’t. It still holds an important place in my portfolio. It’s just that nothing has been happening. …

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Buy gold in uncertain times? That would be NOW.

From the day I first starting writing this blog, way back in 2010, the headline on the homepage has said: Owning gold gives you a private, safe haven for your wealth during uncertain times. Uncertain times? That would be now, my friends. Right now. Look around. North Korea is threatening a nuclear missile strike on …

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The one time of year you CAN predict a rise in the price of gold.

Trying to predict the price of gold is notoriously difficult. It’s made hard by the wide range of factors that impact gold prices on an almost daily basis. Gold is a commodity. It’s also an investment vehicle. And it’s used to make jewelry. On top of that, it is owned by the ton by the …

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Do I trust the government to protect my wealth and my retirement? Absolutely not!

In fact, the way I see it, it my duty not to trust any government, bank or financial institution right now. I know some people reading this will be big fans of particular political parties, world leaders or presidential candidates. Not me. I’m not a fan of any of them. I don’t trust any of …

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Cyberattacks and software failures at your bank are two more reasons to keep some of your wealth in gold.

Most of us love the fact that we can get cash from an ATM machine, and don’t have to line up in the bank and get money direct from the teller. And more and more of us now have apps on our phones that allow us to check our balances, transfer funds and even make …

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Owning gold isn’t about making investment profits, it’s about mitigating risk.

In my last post I talked about how the price of gold could very well go up significantly this year. Goodness knows, there is a ton of uncertainty out there. Here’s just a partial list of the things that give investors and risk assessment managers the shivers… – The market meltdown in China – The …

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