RSSCategory: Gold Prices

Beware of Gold Buying Scams

Beware of Gold Buying Scams

With unemployment up, the price of gold hitting $1000 an ounce in the last thirty days, and many people outright “spooked” by the economy, you may be thinking it’s a good time to unload some gold jewelry.  Maybe a few rings from your college years?  A necklace from the 1980’s that just isn’t in style […]

March 16, 2009 | By | Reply More
Faith in the Bailout? Or in Gold?

Faith in the Bailout? Or in Gold?

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 gone south.  And many are looking at the […]

March 9, 2009 | By | Reply More
Gold Standard – Part II

Gold Standard – Part II

Last week we talked about the Gold Standard, which was when the United States government guaranteed each gold-backed American dollar in circulation. With the current economic contraction that is underway, some people are positing the notion that returning to the gold standard would help.  But the reality is that the gold standard contributed to the […]

March 2, 2009 | By | Reply More
Gold Up; How About a Gold Standard?

Gold Up; How About a Gold Standard?

The price of gold vaults upward, surpassing predictions and hits $1000 per ounce this week.  Not surprising, given consumers and investors concerns about the stability of the American dollar.  The value of gold always flies in the opposite direction of the dollar’s value.  That is, if investors think the dollar is going up, the value […]

February 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. As the dollar loses value, gold gains […]

February 20, 2009 | By | Reply More
Gold: Near Record High and Potential to Reset

Gold: Near Record High and Potential to Reset

The price of gold continues to climb this month, as investors fears continue to drag on the American dollar.   The price stood at $950 per ounce last week, as the U.S. President Barack Obama pleaded and actually sort of bullied Congress to take action on his Stimulus plan.  The “safe haven” appeal of gold continues […]

February 16, 2009 | By | 1 Reply More
Rare Historical Gold Coins

Rare Historical Gold Coins

Apples of Gold has partnered with Stauer to bring you a rare collection of historical gold coins. With gold prices climbing and inflation on the rise, now is a perfect time to purchase gold coins. 100 Year Old $5 S-Mint Liberty SF Gold Coin These historical coins are dated 1866 – 1906 made in .900 […]

February 15, 2009 | By | Reply More
Gold: To Buy or Sell?

Gold: To Buy or Sell?

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 dollar fluttering, […]

February 8, 2009 | By | Reply More
“The Real Price of Gold”

“The Real Price of Gold”

The price of gold slipped slightly last week, which is in stark contrast to what the so-called “experts” said to expect long term.  Analysts at Morgan Stanley and UBS said Wednesday they expect gold prices to trade higher in 2009, benefiting from some safe-haven buying as well as long-term concerns about inflation. One expert said […]

January 25, 2009 | By | Reply More
Gold Prices Rocket Up, then Dip Slightly

Gold Prices Rocket Up, then Dip Slightly

Yup, it was a tough week for the American dollar. More businesses failed. More mortgages foreclosed. More people lost their jobs. Consumer optimism is low. The dollar sank. But gold prices are booming again. Gold rose to its highest in a week overseas this (Monday) morning, riding on a recovery in stock markets and a […]

January 19, 2009 | By | Reply More