Since the gold price is inextricably linked to the long-term fate of the US dollar, it's rather important for gold investors to be able to forecast how each candidate, if elected, would conduct his/her monetary policy.
Every month or two with the consistency of an alarm clock, some fellow on Wall Street or in the US government will come out with a statement suggesting that the gold is in a "dangerous" bubble or that people will be "harmed" if they purchase it.
There's something else happening here. Some investors are not confident with what gold is backed by, or if it's backed by anything at all, as compared to something like the US dollar. Investors are comfortable that the U.S. dollar is backed by the Am
Bob Murphy emails to point out some news that was not widely disseminated by MSM (I wonder why?)
Russia's central bank announced in late-August that they will start to offer gold-backed loans for up to 90 days at an interest rate of 7 percent.
Today the sovereign debt and dollar crisis, plus rising energy and gold prices, are combining with Colombia's growing reputation for tourism, real estate investing and retirement to create an investment potential long delayed by past decades of civil
Food prices are skyrocketing all across the globe, and there’s no end in sight. The United Nations says food inflation is currently at 30% a year, and the fast-eroding value of the dollar is causing food prices to appear even higher (in contrast to a
Commodity analysts at JP Morgan are predicting the price of gold may hit $2,500 or higher per ounce by the end of the year, the Financial Post reported on Monday.
Gold vaulted above $1,700 an ounce for the first time on Monday, after the respective pledges by the G7 and the European Central Bank to quell the turbulence in the financial markets did nothing to put investors at ease.
Traders said the ECB had m
It’s a rainy morning here in Belgrade, one of those days where the gray skies and drizzle sap the spirit and motivation to do much at all. But I have quite a few things to be excited about today.
Gold surged to an all-time high in New York as investors sought to protect their wealth against the possibility of a U.S. default that may come as soon as next week amid a standoff over the country’s $14.3 trillion debt limit.
It's a case that combines history and mystery--and very valuable gold coins. The stakes were certainly high: One of these rare $20 pieces sold for a record $7.59 million in 2002. Here's the story. A jury decided that a Philadelphia woman, Joan Langbo
Print. Lie. Borrow. Deceive. Deny. These are a the principal tenants of the Greek restructuring plan that were released today from Brussels… it’s as if EU policymakers put it together after shaking a Magic 8-ball.
Right now, the global financial system is facing a crisis that is really unprecedented. The reserve currency of the world (the U.S. dollar) is collapsing and the second most powerful currency on the planet (the euro) is also collapsing.
Gold settled at an all-time high above $1,602 an ounce Monday, extending a record rally as investors sought a safe haven on fears that U.S. lawmakers could fail to raise the debt limit, resulting in a default.
As the twin pillars of international monetary system threaten to come tumbling down in unison, gold has reclaimed its ancient status as the anchor of stability. The spot price surged to an all-time high of $1,594 an ounce, lifting silver to $39 in it
Spot gold hit a record high above $1,589 on Thursday, buoyed by a sharp drop in the dollar after Moody's warned the U.S. may lose its top credit rating, the possibility of more Federal Reserve stimulus and Europe's deepening debt crisis.
Senators Rand Paul (R-KY), Jim DeMint (R-SC) and Mike Lee (R-UT) introduced legislation this week that would eliminate all taxes on gold and silver coins, elevating them from the status of "collectables" to "legal tender" of the same status as Federa
A treasure trove of gold and silver jewelry, coins and precious stones said to be worth billions of dollars has been found in a Hindu temple in southern India, officials said on Saturday.
Should the U.S. sell off its gold reserves to pay down debt? That's the latest idea being tossed around by gold bug Ron Paul. Not only would selling Old Yeller help the U.S. pay its bills, says libertarian Paul, but it would put more gold in the hand
"Trading Of Over The Counter Gold And Silver To Be Illegal Beginning July 15". The story, by a Tyler Durden, goes into details of legislation I was unaware of until now, legislation that's about as evil as any legislation can possibly get.
I welcome the Internet debate on the question whether the Mint should be opened to gold and silver. The latest contribution by Hugo Salinas Price, entitled Free Coinage of Gold and Silver – Then and Now, expresses doubts that such a measure..
Some people think that one of the fundamental institutions of the 19th century should be restored; we single out Great Britain as the great leader embracing this institution.
There's gold in them thar hills, but pretty soon you won't be allowed to touch it. In California, the state built on gold, the time is up for prospectors who are about to see their way of life declared illegal.