N. African unease fuels gold spike
Posted by admin on Mar 2, 2011 in Gold | 0 comments
Typically a haven for investors in times of uncertainty, this week’s uncertainty in the Mid East and North Africa has certainly rewarded those with gold in their portfolios. Gold has jumped 6% during February and is over $44,860 / kilo this first week of March, breaking the previous record high set in December of 2010. On the New York Comex exchange, the price of gold reached $1,434.40, a...
Read MoreSelling gold coins
Gold is a material that has been valued through the ages by almost every society on earth because it has one thing that paper currency does not – an inherent, intrinsic worth. Currencies, such as the Canadian dollar, are subject to the effects of inflation, but gold enjoys a set, lasting value that can weather even severe global economic upsets. Because the value of a set amount of gold...
Read MoreGold continues climb past $1400
Posted by Marty on Nov 15, 2010 in Blog | 0 comments
Gold prices climbed above $1400 per ounce marking an all time high for the precious metal. Prices have risen 25% year to date, and many analysts predict that the trend will continue. Analyst Charles Shin of Pretium Ventures in Hong Kong agrees with the general consensus that gold prices will continue to rise. “I expect gold to continue to rise for at least another 8 months, and it could reach...
Read MoreThinking of Investing in Gold? Part 2
Posted by Marty on Sep 7, 2010 in Blog | 0 comments
Not since the late Nineties have investors and speculators had an eye on real estate. Since the collapse of the housing market, followed by floundering big banks and a Western economic “downturn” which has become a global one, it seems as though gold is the one safe investment harbour. You can buy bars and coins of it, and even host a Tupperware-style party to sell your unwanted gold...
Read MoreThinking of Investing in Gold?
Not since the late Nineties have investors and speculators had an eye on real estate. Since the collapse of the housing market, followed by floundering big banks and a Western economic “downturn” which has become a global one, it seems as though gold is the one safe investment harbour. You can buy bars and coins of it, and even host a Tupperware-style party to sell your unwanted gold...
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