Archive for the 'Investing in Gold' Category
Gold stocks – gold-producing stocks and trading the gold-stock bull
Tweet “In the wild and whacky world of gold stocks, investors and speculators have a wide range of options for capital deployment”, writes Scott Wright of Zeal Research in an extensive forum post at Gold Eagle with the title Gold-Producing Stocks. He continues: “These options can be categorized in many different ways, but it all boils down […]
Spot gold price takes a breather
Tweet After reaching dizzying heights last week, when investors took profits on the rally spot gold dropped to its lowest level in nearly a week, falling to $813.17, while silver also fell back to $15.16, reports Money Week. Tweet
Spot gold at highest level since January 1980
Tweet Spot gold briefly peaked at $814.10 today after a jump in the oil price, before dropping back to $813.50 – which is nevertheless comfortably over the $800 level only recently predicted to be reached “by the end of 2007”. At the same time, silver reached $14.84 an ounce then moved back to $14.83. Tweet
Gold price reached $800 yesterday, but not such a shock says “Baltimore Sun”
Tweet On the last day of October 2007 the gold price briefly returned to $800 an ounce for the first time in 27 years. But the “Baltimore Sun” commented that this number, which “sent jaws dropping” in 1980, was unlikely to shock anyone today. Adjusted for inflation, the $800 of 1980 would be about $2,000 […]
Money Week asks: What’s really been driving oil and gold so high?
Tweet “Is it speculation that has driven the oil price above $90 overnight and gold to a 28 year high, or is there something more fundamental happening?”, asks Garry White today in a Money Week article taken from his email newsletter. The latter, he says. In fact, it’s down to one of the most basic human emotions: fear. And: […]
