Since December 7th, gold prices seem to have been spluttering up and down, with a bit of a downward trend. Buyers with a delicate constitution might be fretting right now, and biting their fingernails. But they shouldn’t be. Gold has had another stellar performance this year, increasing in value by 27%. Do you have any …
Daily gold prices go up and down. It’s true of gold, of other commodities, and of stocks and bonds. The key to gold ownership is to ignore these ups and downs. Also, ignore the larger corrections, which can see the price of gold fall by several percentage points. These price changes and corrections give traditional …
People who own gold and people who invest in the stock market have fundamentally different goals. Gold owners are protecting a proportion of their wealth in a form that is physical, in their possession, and will always hold value. Investors put money into stocks and bonds in the hope of making big profits. But here …
Good question. A fascinating question too. If you want to learn all about the belief that the price of gold is manipulated, head over to Gata.org. At Gata.org they believe absolutely that the price of gold is artificially suppressed, and has been for many years. Read other commentators and they’ll dismiss the idea out of …
A few years ago, World Bank chief Robert Zoellick said in an article the Financial Times that leading economies should consider “employing gold as an international reference point of market expectations about inflation, deflation and future currency values.” Naturally, economists and self-appointed pundits around the world called him mad, saying there is no way we …