Tag: barack obama and the price of gold

Dollar Up Equals Gold Slightly Off

Dollar Up Equals Gold Slightly Off

The American dollar is up and if you’ve been following along, you know what that means: the long ascending path of gold has stalled for a bit. For the last several weeks, there has been a media campaign by the new administration of U.S. President Barack Obama to bring hope to American consumers.   Read More

March 30, 2009 | By | Reply More
Obama’s Media Blitz:Helpful or Hurtful?

Obama’s Media Blitz:Helpful or Hurtful?

Yikes!  What a volatile week for gold prices, right?  Most Americans are glued to the tube, watching the markets going up and down and down and down and then up again.  So shall we run down the events? If you recall, it was only a few weeks ago that the price of gold hit $1000 per ounce, beating Read More

March 23, 2009 | By | Reply More
Gold: Near Record High and Potential to Reset

Gold: Near Record High and Potential to Reset

The price of gold continues to climb this month, as investors fears continue to drag on the American dollar.   The price stood at $950 per ounce last week, as the U.S. President Barack Obama pleaded and actually sort of bullied Congress to take action on his Stimulus plan.  The “safe haven” appeal Read More

February 16, 2009 | By | 1 Reply More
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