Tag: Obama

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 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
Gilding and Glamour Returns to the U.S. Presidency

Gilding and Glamour Returns to the U.S. Presidency

On Inauguration Day, the new President’s First Lady, Michelle Obama proved herself to be fashion savvy:  matching yellow ochre dress and coat with coordinated gloves from J.Crew.  That night, she wore a one-shouldered white dress by American designer Jason Wu, with 77.6 carats worth of diamonds as Read More

January 25, 2009 | By | Reply More
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