buy gold Archives - Page 7 of 11

James Turk predicts gold prices will rise as high as $8,000 an ounce.

As I write this post, gold prices are jumping up and down like a scared rabbit. This morning it looked like prices were in free-fall for a while. Well, that may bring gold investors out in a sweat, but for those of us who have purchased gold as a safe haven for some of our …

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Why your investment advisor will BULLY you NOT to buy gold.

When was the last time your investment advisor recommended you buy physical gold in the form of gold bullion coins or bars? I’m pretty sure he or she never has. How come? The quick and simple answer is that your investment advisor won’t make a penny on the transaction. They won’t get a commission. Nor …

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How to profit from a ride on the gold price roller coaster.

Normally, when gold prices go up and down like a roller coaster, it’s enough to give you ulcers. But right now, with the longer-term trends still pointing upwards, dips or corrections in gold prices are a gift. They give you an opportunity to buy more gold before the next leap upwards. In the words of …

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What the price of gold is telling us: Protect your wealth!

Over the last several months gold prices have been rising steeply, albeit with the occasional correction along the way. Some experts are now looking at gold as being in a bubble, ready to burst, followed by a dramatic fall in price. In the words of an analyst at Wells Fargo: “We have seen the …

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Will gold prices continue to rise? Or are we ready for a big correction?

Generally speaking, I’m bullish on gold. I see prices continuing to rise over the long term. But right now, as I write this, I would feel very cautious about buying a lot more gold at current prices. I’m not saying I know what’s coming down the pike, nobody does. But I do know that …

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If you are looking for an investment with an AAA credit rating, buy gold.

For the first time since 1917, S&P has reduced the US credit rating from AAA to AA+. The full implications of this change remain to be seen. But one fairly clear outcome is that many foreign investors will no longer view the US and the UD dollar as the ultimate safe haven for their investments. …

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Keep some of your gold overseas, by buying gold in allocated or unallocated storage.

If you are beginning to feel a little nervous about the state of the world, economically and politically, you may want to think twice about storing all of your gold in your home country. Most of us like to keep at least some of our gold close to hand. But it also makes sense to …

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Who is buying gold? South Korea just bought 25 tonnes of gold to diversify its holdings.

When analysts start talking about gold bubbles, I like to step back and take a look at what some of the most conservative gold investors are doing. Sure, individual investors can get carried away with a bull market in gold, and keep buying. But really conservative investors are not so easily swayed by “what’s hot”. …

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Even Ben Bernanke understands value of gold as a means to protect one’s wealth.

It’s as if everyone is holding their breath. This is the week we’ll find out whether or not there will be a default on the U.S. dollar. Chances are, there won’t. It most likely that some kind of compromise will be made. The debt ceiling will rise. There will be some cuts in spending. Maybe …

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Owning gold, Central Banks, and ships in stormy weather.

First, what are “central banks”? According to Wikipedia: “A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system of their respective countries. In contrast to a commercial …

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