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 …
I couldn’t resist grabbing this screen shot. I have been wondering whether, or when the price of gold would break the $1,400 barrier. Yes, there is a “barrier”. Breaking that round number takes some doing. Perhaps it shouldn’t be any different from breaking the $1,397 barrier – but it is. Sentiment and psychology always play …
Gold buyers and gold owners love gold. But traditional investors? Not so much. Here are three reasons why not. 1. Gold doesn’t pay a dividend. Many stock investments, in addition to offering capital growth, also often annual dividends. In fact, many investors seek out those companies which consistently pay dividends to their investors. Even when …