Tag Archive: gold stocks
The holiday season is the time that gold literally shines because it is when gold jewelers have their highest sales. It begins with Ramadan, the Muslim holy period that starts next week, and it continues through wedding season in India, then the Diwali festival in November, until the U.S. holiday shopping time. China has its [...]
About a month ago, I wrote an editorial on why gold was going to be in a perpetual bull market. The editorial noted that gold production was down while jewelry demand was up, and concluded that this meant that gold’s price would increasingly go up. While I am still extremely bullish on gold over the [...]
On Tuesday, gold fell to its lowest price since April, while investors became more positive about the worldwide economy and taking risks. Gold futures scheduled for August delivery fell 2.1 percent to $1,158 per ounce. Gold reached a record high of $1,257.20 per ounce on June 18 and is now priced at $1,162.59 per ounce. [...]
The price of gold has reached over $1,100 per ounce and it is expected to increase through 2011. The Federal Reserve is hesitant to raise interest rates because this could cause a collapse in the U.S. financial system. However, not raising these rates causes the value of the dollar to weaken. In times like this, [...]
If you want to invest your money in stable socks, which produce proper incomes then you should definitely take a look at gold stocks. They are highly promising simply because gold has always been and always will be greatly valued. It is as if investing in food, water, electricity or any other area, which will [...]