In today’s tumultuous times, we are hearing the cry to have more assets in gold to protect us even more loudly than usual. We need to always think first before we leap. On the face of it, it does seem to make sense to consider hedging against losing buying power with hard currencies such as […]
Gold’s rally in 2011 was one for the ages, where the price reached $1,889 an ounce. Many wondered how long it would take us to get back there, but wonder no more. Gold isn’t always the best place to have your money, in spite of how so many people throw money into it blindly, paying […]
The stock market seems to be coming down with a virus right now, and while people aren’t that concerned about this one, we can still take a little medicine for these things. With the threat of the coronavirus in China increasing, it isn’t really that surprising that U.S. stocks are starting to come down with […]
While round numbers such as $1500 really isn’t that big of a deal, breaking trendlines certainly can be. Gold prices are looking like they are getting ready to move up again. You don’t see many people get excited about the price of gold going down, even though we can make plenty of money when it […]
Back in 2011, the price of gold peaked over $1900 an ounce, an all-time record. This was at the end of a big run up in gold prices. Is gold headed back to that area again? Gold has certainly been on a nice run. In less than 3 months, its price has risen from $1275 […]
Gold has been on a nice run over the last three months, up 13% and reaching a 6-year high not long ago. The fun might be over, but it’s actually too early to want to bail just yet. Looking at gold charts, it might seem to be reasonable or at least excusable if people look […]
The stock market and gold often move in different directions, but both are well up for the year. Both markets have done very well in June as well. Gold is on a real run now. Back in the old days, investing in gold meant buying gold bullion and storing it. Gold has had a very […]
While some observers have been recommending going long gold recently, the play was really dependent on its not breaking support. It has, and is now at a crossroads. Gold tends to do pretty well when the economy is slowing down, and this has prompted some analysts to recommend taking long positions in gold, to look […]
Gold as an investment has been in a real rut over the past 6 years, a period of time where it hasn’t gained a thing. Analyst Chris Terry thinks it is due for a revival soon. There’s just not a lot of excitement with gold these days, with investors at least. 6 years ago, gold […]