gold investing
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Most Voted Posts
Recent Comments
- Highfoot on How to Buy Gold Coins On-line
- David Bennett on New Bargain Silver Rounds at the Lowest Cost
- AdamJay on Sivler Eagle 1 oz Coins and Collapsing dollar and Economy
- Sully on Leveraged Silver Investing
- JW Frierson on How to Buy Bullion Bars for Investment in Silver
