With the U.S. government now struggling to steady the teetering economy, and bailout after bailout being sucked down by greedy banks and other businesses who then ask for more, where can investors look? The market is clearly struggling under the weight of unscrupulous investment deals that have now Read More
Fears fomented by long-term inflationary concerns over President Obama's huge stimulus package drove investors to gold as a hedge against likely devaluation of the U.S. dollar.
Historically, the price of gold has been intimately wed to the value of the U.S. dollar. This was not difficult to predict. Read More
The price of gold is doing the rollercoaster thing again. Up sharply in the last week, then dropping precipitously in the last several days, and why? Experts tag this to the fact that it did go sharply up and then come screaming downward as everyone rushed to sell their gold at the record high prices.
Consumers Read More