Some people are a fountain of useless information, remembering song lyrics for every tune since the 1950s and thousands of movie quotes. Quotes are still published in books but the Internet is now the best place to find them in a jiffy. Whether you like to buy gold coins, jewelry, or gold bars, you will [...]

I’m about as pro-gold as it gets, and even I was surprised when JP Morgan Chase — a billion dollar bank — announced that they would now accept gold as collateral for loans in the future. This is amazing — it means over the next few years to the next few decades, they honestly think gold is [...]

After stellar years for both gold and silver, what prices will precious metals hit in 2011? Here’s an analysis based strictly on their price behavior in the current bull market. First, take a look at the annual percentage gains that gold has registered since 2001 (based on London PM Fix closings): Excluding 2001, the average [...]

There are a lot of reasons to buy gold. Besides being lovely to behold, gold has an attractive combination of chemical and physical properties. It’s virtually immune to the effects of air, water and oxygen. It will not tarnish, rust, or corrode. And it is completely recyclable. As Time magazine pointed out last week: “It is an [...]

On August 15, 1971, thousands of years of gold’s role in monetary history came to an end. That was the date President Nixon cut the U.S. dollar’s final link to gold. With that move, the age of fiat currencies began in earnest. The U.S. dollar became backed by only “the full faith and credit of [...]