Tag Archive: price of gold
The following is a guest post by Jeff Clark, who is the Senior Editor of Casey’s Gold & Resource Report. While a few mainstream outlets are coming around to at least acknowledging gold’s stellar run, most remain skeptical or outright bearish. And the blasphemy they purport is that gold is in a bubble. Let’s settle [...]
On June 18th, 2010, gold prices hit their all-time high at $1257.20. This means the price of gold was higher and gold was more financially valuable than ever before in history. Gold was worth more than during Solomon’s day, during Cortez’ invasion of Mexico — gold set a historical record. Even aside from our ability [...]
The notion that gold has peaked and will stay steady or head to the downside is not very likely. Of course it can never be determined which way it goes with certainty, concerning gold or other commodities but the economic conditions that prevail and will be with us for some time, point to a rise [...]
Peter Schiff is one of my favorite investors and economists to watch, read, and keep up with. He’s known for being notoriously bearish on pretty much everything right now. He thinks tough times are ahead for the US economy, the US dollar, bonds, the stock market, and almost every other traditional investing venue. He earned [...]
If you are into making gold price predictions, then right now is a very good time. Over the course of the last few decades, there have been good times to get on the gold train and there have been decidedly bad times. Being able to spot low points and make accurate gold price predictions is [...]