Tag Archive: price of gold
This is going to sound like a conspiracy theory, mostly because — at least on a small level — it is. To make a long story short, over the last few decades, the gold market has been manipulated by billion-dollar funds and banks. Secret agreements on when to buy and when to sell, inflating the [...]
The price of gold might be ready to start increasing again, say many investors around the world. Matt Whittaker, from the Dow Jones Newswires, wrote the following, as published by the Wall Street Journal about two hours ago: “Sentiment was helped as the world’s largest bullion-backed exchange-traded fund, SPDR Gold Shares (GLD), recorded an inflow [...]
Gold, every time we say the word images of opulence, shiny wealth, and being rich flood our minds. For investors is the new stock market. It is as if a new Gold Rush era is here. Many financial advisors have been talking about starting to invest in gold before its prices soared. Many took advantage [...]
The gold price has been hitting ever-new records over the past couple weeks, now closing in on the $1,300 mark. Some gold followers are saying this is extremely bullish for the near-term price since it broke so decisively through its June 28th high of $1,261. If they’re right, how high might this particular surge go? [...]
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 [...]