Author Archive: Martha Rooks

I'm a professional journalist with several media outlets both in Los Angeles and in Washington, DC. I have covered politics, major disasters, the markets and the economy for several years. I'm interested in covering gold prices because of what it indicates about the economy and the money supply. I try to stay positive, but right now, we are in a difficult situation financially and I'll try to bring the economy and the price of gold into focus in this blog.

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Gold Prices Trending Upward

Gold Prices Trending Upward

Gold, the bellwether of market and economic trends, has opened slightly higher this week.  The reason?  A somewhat weaker dollar. There has been a five week slump in gold prices, but as last week closed, the price jumped up by about $24.  The precious yellow metal reopened on Monday at $952.40 Read More

July 20, 2009 | By | Reply More
Gold Regains Stability

Gold Regains Stability

The price of gold, slipping and sliding through the economic slushiness we’ve had of late, appears to have stabilized as the week begins. Gold, which had been falling as the dollar steadied on world markets, has now reversed itself.  The price was holding steady as the dollar weakened against the Read More

July 14, 2009 | By | Reply More
China and Gold Prices

China and Gold Prices

Have you ever wondered what impact nearly 1.5 Billion people could have on the gold market?  China is the world’s fastest growing economic force and they are making their might known in the gold markets in a very big way.  The reason why has very much to do with the recession which seemed to start Read More

June 29, 2009 | By | Reply More
End of the Gold Bull Market?

End of the Gold Bull Market?

Watching gold prices again?  They are still down.  In fact, some are calling the end of the bull market on gold.  I saw this headline when I look around the internet to see the mood of the market: How the Gold Bull Market Ended That’s pretty stunning, isn’t it?  It was posted on a website that Read More

June 23, 2009 | By | Reply More
Good News for Gold Buyers: Prices Level Off

Good News for Gold Buyers: Prices Level Off

There is good news and bad in gold prices this week.  It all depends on your point of view and position in the gold market. As we’ve discussed here several times, the price of gold is firmly tied to the strength of the U.S. dollar and what goes on in the American economy.  When the economy is strong, Read More

June 8, 2009 | By | Reply More
Gas Up?  Gold Up!

Gas Up? Gold Up!

By now, you’ve noticed the price per gallon of gas inching, no vaulting up at the pump once again.  Just in time for vacations and summer fun, the price of gas skyrockets to heights not seen in months. And with it, the price of gold. The price of gas, we are led to believe, is increasing because Read More

June 1, 2009 | By | Reply More
Zoom, Zoom, Zoom…. Up Go Gold Prices!

Zoom, Zoom, Zoom…. Up Go Gold Prices!

I hope you enjoyed a great Memorial Day Weekend with a wonderful get-away and are ready to return to work because we definitely have something worth looking at, as we get into the summer season. The price of gold is back up again.  Gold shot up to over $950 per ounce in the last week, roaring to Read More

May 27, 2009 | By | Reply More
At What Price Beauty?

At What Price Beauty?

We’re going to take a little detour from gold prices today, and look at a pretty gem.  Not just any flashy bauble, but in fact one of the most expensive diamonds ever sold.  Pictured her is a rare, flawless 7.03 carat vivid blue diamond that sold this past week for $9.49 million dollars, which is the Read More

May 18, 2009 | By | Reply More
Buy, Sell, or Hold?

Buy, Sell, or Hold?

Every week when I write this blog, I research what is going on in gold trading around the world, along with what is being said about gold prices and trading in various media resources.  It’s an interesting process because who isn’t interested in gold, trading, and the markets, right?  I really enjoy Read More

May 11, 2009 | By | Reply More
Investing in Mother’s Day

Investing in Mother’s Day

Just in time for Mothers’ Day, the price of gold shifts downward a little more.  Aren’t you glad to hear that good bit of news? The downward trend was being driven late last week by consumer optimism about the potential for recovery in the economy.  Housing sales are up around the country, even Read More

May 4, 2009 | By | Reply More
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