Now that the United States has newly installed President Barack Obama in the White House, many of us thought things would start turning around. If you were one who had such high expectations, then more's the pity to you--although it may be too soon yet to tell. But as expected, with the American 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
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 Read More
Gold prices are already starting to rebound, after two weeks of falling prices brought on by a steep crude oil decline and worries about deflation.
But let's factor in a few other things, like predictions in the past week that the price of a gallon of gas at the pump could drop to $1 per gallon. Read More