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 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 MoreWorth your weight in gold?
Posted by Marty on Aug 27, 2010 in Blog | 0 comments
Now this is cute. British web site www.postgoldforcash.com has published a widget that allows you to calculate what you’d be worth if you were made of gold. The widget also allows you to compare your results with celebrities like Stallone, Swartzenegger, Joli and Madonna. Are you worth more? In case you don’t know your weight in kilos, or don’t know the value of the British...
Read MoreVolatile Gold Prices and Record High Values fuel “Cash for Gold” Craze
Posted by Marty on Aug 23, 2010 in Blog | 0 comments
As gold prices continue to climb, an ever-increasing number of customers are eager to participate in the cash for gold craze. The decision about where to sell gold, however, is not an easy one. Gold buying businesses that gain a reputation of offering high gold prices, honest service, and no-obligation estimates will prosper and stand out from shadier, fly-by-night operators.On July 13, Gold...
Read MoreCMC Analyst sees gold hitting US $1,330
Posted by Marty on Aug 20, 2010 in Blog | 0 comments
Interesting article in the National Post yesterday. One Ashraf Laidi, chief market strategist for CMC Markets predicts that gold will shoot to $1,330 US before the new year. Mr. Laidi attributes this “optimism” to Europe’s debt crisis as well as the activities of U.S. Federal Reserve. In addition, U.S. midterm election uncertainty as well escalting frictions between Israel and...
Read More
