Tag: money

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
Gold Surpasses $1,000 on Fears of Inflation

Gold Surpasses $1,000 on Fears of Inflation

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

February 20, 2009 | By | Reply More
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