gold investing

1 Vote

Gold May Reach Record in 2009 on Inflation, GFMS Says


Gold may reach a record this year as demand for a hedge against inflation outpaces an expanding scrap supply and weaker usage by jewelers, researcher GFMS Ltd. said.

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Sunday, April 12th, 2009 Story Links 4 Comments
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The Great (Used) Gold Rush of 2009


Wendy Kushner, a middle school teacher in Edison, N.J., had never thought about selling the gold turtle and other charms she received when she was a teenager. But then she was invited to a cash-for-gold party in December, so Kushner did some digging and unearthed her old ornaments.

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Sunday, April 12th, 2009 Story Links 1 Comment
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Gold Rises for First Time in Four Days as Drop Lures Buyers


April 7 (Bloomberg) — Gold rose for the first time in four days in London after a drop to the lowest price in 10 weeks lured buyers, and as a decline in equities increased the metal’s appeal as an alternative investment. Silver also gained.

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Fundamental analysis for precious metals gold – 4/9/2009


Gold moved slowly in a very tight range between 879.00 and 884.00 during the Asian session continues the anticipated upside recovery by building a solid base gradually as we notice that it’s hitting (38.2%) Fibonacci of the entire medium term rally started at 679.00 and topped out at 1006.00 once more supported by Tenkan-sen (moving average of Ichimoku indicator) while the hourly chart on the secondary image is staging an inclining channel slightly.

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The Capitalist | Could silver be losing its charm?


Silver has become almost as seductive as gold. It promises big financial returns. But, after prices touched a peak of Rs26,250 a kg in India on 15 July, silver hasn’t lived up to expectations.

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Coin Gives Nod to Darwin and Theory of Evolution


Two-hundred years since his birth, and 150 years after the publication of his ground-breaking book on evolution, Charles Darwin has been immortalized by the Royal Mint for the first time on a special £2 coin, available now in 22 karat gold and silver.

The coin will also be available in Brilliant Uncirculated standard and will enter U.K. circulation later this year.

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Mints Rush to Meet Gold Coin Demand


With the world economy now in crisis mode, gold coin production is rising in countries from Armenia to New Zealand, according to a report in the United Kingdom’s The Independent.

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NY Gold Seen Down $1, Silver Down 6 Cents


June gold futures are expected to open floor trading in New York around $1 an ounce lower Thursday, based on electronic activity ahead of the pit session at the Comex division of the New York Mercantile Exchange. May silver is expected to be down about 6 cents an ounce.

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How to Buy Gold and Other Metals With a Self-Directed IRA


Boulder, CO (PRWEB) March 22, 2009 — With so many coins and metal choices out there in the market, choosing a retirement investment can be confusing. Which metals and which types of metals are acceptable for an IRA investment? Does the IRA owner store the metal personally? How can a self-directed IRA owner tell if the gold in question is approved by the IRS? Bill Humphrey, a CPA who has worked with self-directed IRA owners for years, can help answer these questions.

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Gold Slips into Long Easter Weekend But “Inflation is Coming” as Tokyo, Berlin & London Pump Out Money


The Gold Price fell inside a tight range early Thursday in London, nearing the long Easter Bank Holiday weekend at $877 an ounce. The US Dollar meantime pushed higher on the currency markets, while government bond prices slipped and world equities rose sharply.

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