It is important to note that this is the price of gold in US dollars. According to this chart we are still in a downtrend, bouncing off the bottom of the decline. Americans tend to forget this since the US is such a large, ...
2 Both speakers understand the nature of money....one is alive today, one is an historical figure. Will modern advancements make gold useless or will history return gold to its historic role as money? Cliff Küle won't try to review all ...
You can see the move up in gold's historical chart posted above. The biggest correction was a measly 25% and that made investors greedy and complacent, a deadly combination when placing money in any market. In March the markets took it ...
Mining at Waihi is still a blend of open cut ore from the historic Martha mine and Favona and the operation has an annualised production rate of about 147000 ounces of gold and probably six times more silver (where the recovery is about ...
“Gold should be moving up… How could there be such a dichotomy between the historic high premium for coins all over the world and the low Comex price?” Figures released by the Labor Department today show that prices of gold and silver ...
“While we already know $750 is no magic number below which gold cannot fall or below which it cannot loiter, I take no small comfort in the fact that there is a clear increase in demand at that price. In time, as the dollar continues to ...
The only motivation for using GLD closing prices in my analysis was that it appeared to be an easy way to get (estimates of) historical prices of cash Gold sampled at the time of day when the NYSE closes. In the course of researching ...
Its small market size, phenomenal historical price spikes, and fanatical following have forged it into one of the most volatile and speculative commodities on the planet. While its secular bull is indeed fundamentally-driven, ...
