Tag: Gold Prices

Platinum and Gold: When Metals Collide

Platinum and Gold: When Metals Collide

Although platinum is 30 times rarer than gold, the two metals’ prices collided throughout the day and finally closed with gold at $822 per ounce and platinum at $823! Today’s $1 spread was nothing short of historical for precious metals; the last time platinum and gold met at such close quarters  was 1996! Platinum has […]

December 12, 2008 | By | Reply More
Snapshot: Gold Mining in the Philippines

Snapshot: Gold Mining in the Philippines

The interesting thing about the internet these days is that we can see the inter-play of gold prices and the international economic climate.  We can read about laid-off retail workers in England, nervous buyers in Israel and the Mideast, and frightened consumers around the United States. But we can also see a bright spot, like the gold market.  […]

December 1, 2008 | By | 1 Reply More
Gold Prices Going Up!

Gold Prices Going Up!

For the first time in some weeks, the prices of gold have started to rise.  It happened on Friday, after a week of miserable financial news and word that deflation was on the way as fuel prices fall, food and retail prices fall, and inflation backs off.  But gold comes to the rescue of investors, […]

November 24, 2008 | By | 3 Replies More
Deflation: When Bad Things Happen to Gold Markets

Deflation: When Bad Things Happen to Gold Markets

You know, with the world’s stock markets so volatile, I keep expecting that gold prices are going to soar and all the jewelry I’ve acquired over the years will instantly become worth a great fortune.  (It always has been worth a great fortune, but so far, only to me.) But at the moment, it seems the opposite […]

November 17, 2008 | By | Reply More
Mining Companies Prepare for Long “Winter”

Mining Companies Prepare for Long “Winter”

Goldminers and the companies they work for are “hunkering down” for a long and difficult winter, but not the one we normally think of. North American mining companies are preparing to ride out the winter of a global economic slowdown; looking to rein in spending and perhaps delay some projects and exploration. They have come along way […]

November 2, 2008 | By | Reply More
Clear the Decks: Gold Is Coming Down!

Clear the Decks: Gold Is Coming Down!

So is it fun enough for you yet? Does the fall out from the mortgage meltdown that led to the world markets instability and stocks tumbling finally seem to hit home? It’s been a rough time in the markets lately, and while many people have found sanctuary in precious metals, even that stability may be […]

October 26, 2008 | By | 1 Reply More
Platinum — The More Volatile Precious Metal

Platinum — The More Volatile Precious Metal

Gold and jewelry enthusiasts, even economists and investors, have been closely watching the unpredictable gold market in the past several years as it began to behave uncharacteristically erratic. But platinum, its more expensive counterpart, has been largely ignored. Platinum has had some dramatic swings as of late – enough to make gold seem tame by […]

October 25, 2008 | By | Reply More
Go for the Gold?

Go for the Gold?

Unless you’re living under a rock, you’ve noticed the downturn of the economy and resulting wild swings of the stock markets. Investors have been fleeing in droves, seeking shelter and safe havens for their money, but still hoping to pick off something of real value that will possibly give them a return. Hundreds of thousands […]

October 19, 2008 | By | 1 Reply More