gold Archives - Page 3 of 6

In India and China they seem to get more pleasure from buying gold than we do.

In North America and Europe, buying gold bullion coins and bars is a rather secretive affair. If and when we buy it, it’s almost under cover of darkness. We sneak the gold into our homes or safety deposit boxes, and don’t say a word about it. We rarely display it. Elsewhere in the world, people’s …

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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. …

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Is now the time to sell gold?

Sell gold? I wouldn’t if I were you. I know, with prices falling this much it’s easy to lose one’s nerve and decide to sell some or all of your gold. Well, I have a couple of opinions on that. First, if you own gold as a safety net, as a hedge against hard times, …

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3 Places in your home NOT to hide your gold.

These three places have two things in common. First, they are the three places most home owners hide their cash and valuables. Second, they are the three areas in your home where thieves look first. It sounds crazy, but it’s true. Bad hiding place #1: In your bedroom. It’s where women keep their jewelry, and …

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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, …

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The gold ATM machine is Boca Raton, Florida, is just the first.

Buying gold bullion from an ATM style machine is a lot more convenient than buying from a traditional dealer. If you happen to live close to Boca Raton, Florida, you can buy your gold from this machine… If you don’t live close by, just be patient, as it seems there are plans to install these …

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Buying gold coins and bars continues to be a smart move.

2010 turned out to be a pretty good year for buying gold, and other precious metals. The Dow was up just 11% over the year. Gold was up 29%. Silver was up 81.6% Platinum was up 20%. Palladium was up over 100%. In other words, all precious metals did significantly better than the Dow. Of …

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Why you shouldn’t hide all your gold in the same place.

The photo above shows Saddam Hussein’s gold, hidden in a tanker truck. That’s a lot of gold! And when he had it hidden all in the same place, it was all lost once the truck was found. Of course, he was probably in a bit of a hurry when he hid it. But there is …

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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 …

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How you feel about daily gold prices depends on your vision of where the world economy is headed.

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 …

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