The “real” gold price….what is it?

Lynn On November 19, 2009 / Gold

By James Turk Now that the gold price has decisively climbed above the old high of $850 reached back in January 1980, many are proclaiming that the gold price is not only at a new ‘record’ but even poised to fall. The record part is true, of

The Gold Price Has Broken Out

Lynn On November 5, 2009 / Gold

By Franklin Sanders Gold Price Close Today : 1,086.70 Change: 2.40 or 0.2% Silver Price Close Today : 17.395 Change: 22.4 or 1.3% New all time highs for the gold price today: Comex gold closed $1,086.70, up $2.40; intraday high was $1,097.65, and traded much higher than

The Truth about Precious Metals Reporting

Lynn On November 4, 2009 / General Market

By John Fisher Reportable Purchases Often, promoters will claim that the coins they offer are not subject to “reporting.” Such statements imply the government requires gold transactions be reported. However, no government regulations require the reporting of the purchases of any precious metals, per se. If payment

How to Profit from the Upcoming Short Squeeze in Silver

Lynn On November 4, 2009 / Silver

How to Profit from the Upcoming Short Squeeze in Silver By Jason Hamlin Silver chat rooms are ablaze with talk of a short squeeze that will send the price of silver back above $20 in short order. I believe it is only a matter of time and

The Biggest Myth – Gold Confiscation

Lynn On October 30, 2009 / Gold

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

8 Reasons Why Silver is a Better Investment Than Gold!

Lynn On October 12, 2009 / Silver

1. The historic silver/gold price ratio was 16:1, but in recent years, silver is relatively cheaper ranging from about 40:1 to 80:1. On October 12, 2009, with silver at $17.75/oz. and gold at $1,057/oz., the ratio is 60:1. This means that silver is currently undervalued, and cheaper

Gold Jumps to Record High! Now What?

Lynn On October 6, 2009 / Gold

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

Bank of America Merrill Lynch Predict 50% Increase in Gold Price in 2011

Lynn On October 5, 2009 / Gold

(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,

5 Reasons Why Gold Will Continue to Rise through 2009 and 2010

Lynn On October 5, 2009 / Gold

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

Caution – Avoid European Coins

Lynn On October 4, 2009 / Gold

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

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