Archive for the Gold Category

By John Fisher Some precious metals firms foster the circulation of many myths, misunderstandings, and outright lies about the purchase and sale of precious metals. Generally, these misconceptions and falsehoods promote the notion that the government may again call in gold as it did in 1933 and

By John Fisher Gold hit a record high in the New York Spot Market today in what has been described as gold’s “longest rally since… 1948” (10/06/09, Bloomberg, “Gold Jumps to Record as Inflation Outlook Fuels Investor Demand”). The dollar is continuing to suffer from inflationary concerns

(Reuters) – By Pratima Desai Gold prices will hit $1,500 an ounce in 2011 when oil prices move back above $100 a barrel as emerging market growth creates shortages, Bank of America Merrill Lynch said on Monday. “For the world economy to resume growth of 5 percent,

1. Economy How bad can things get? Secretary of the Treasury Paulson talks of the current crisis being potentially worse than the Great Depression. Alan Greenspan told Congress that the financial meltdown had left him in a “state of shocked disbelief.” Reputable economists are saying “this looks

Over the last few years, telemarketers have been importing European bullion gold coins dated before 1933 and claiming they, like old U.S. gold coins, would be legally beyond the reach of the government in another recall. The imported coins most commonly promoted as non-confiscateable include: French Twenty

John Fisher, Fort Lauderdale, FL Gold closes $1019 Silver $17.42 Fundamentals Swiss banks are running out of secure storage space for gold bullion held by investors and institutions due to fears of inflation – and hyperinflation. In April of this year, China announced that it has secretly

RENO, NV: By Dorothy Kosich – Tuesday, September 15, 2009 When über mining investor Rob McEwen makes predictions on gold prices or appears to have developed an interest in silver mines, retail investors heed his clarion call and place their bets that the gold price is about

September 1, 2009, Franklin Sanders Today gold made its highest Comex close in history at US $1,004.90, up $9.50 for the day. It has taken gold a week to get through the resistance, but we believe it has now succeeded. Gold opened at $999.65, quickly made a

Indicators suggest gold poised for big breakout by end Q3 The slow trading months of summer are usually a time when gold prices decline, but economic analysts at Blanchard and Company, America’s largest precious metals investment firm, say that indicators this year have them believing the metal