One debate that’s constantly raging is whether gold is in a “bubble.” Is the precious metal overpriced and due for a major, long-term correction? Or are the periodic pullbacks in gold prices a normal part of any long-term bull market? The position of gold “bears”—those who believe gold has reached the end of its bull…
What the Fed Isn’t Saying: The (Unintended) Consequences of Quantitative Easing
In our last two posts, we touched on the Federal Reserve’s controversial decision – to purchase $40 billion in mortgage-backed securities every month for an indefinite period of time – and the effect it’s having on the gold and silver markets. News coverage on the monetary stimulus seems to be centered primarily on what the…
Gold Spends June Trying to Figure out Where to Go
Well, we’re past the 4th of July holiday and the midpoint of the year. We hope all of our readers and customers had an enjoyable and safe summer holiday – now that we’re halfway through 2012, it’s a good time to take stock of the gold and silver markets and try to see where things…
A Six-Figure Income Isn’t What it Used to Be
In decades past, the magic 6-figure salary was (…and still is) a monumental accomplishment. Individuals and families with earnings over $100k per year often had two nice cars, a nice home, took good vacations and still had plenty left over to save for the kid’s college and retirement. But inflation (…or rising prices) has eaten…
Some Analysts Claim Gold Way Undervalued Due to Market Manipulation
Due to the strong impact gold prices have on interest rates and government bond rates, many analysts believe the price of gold has been manipulated by bullion trading banks, central banks and the U.S. Government. While this certainly isn’t the first we’ve heard about manipulation in the gold market, it’s the first we’ve chosen to…
Gold Hits 4-Month Low Following Euro Slide
For a short bit Tuesday, gold slid 2% to below the $1600 mark. The drop marks an 8-month low for the yellow metal. Silver too was beaten by day’s end. As of 5:00 PM Eastern on Tuesday, it was down to just below $29.50. Even though it seems gold has been stuck in a rut…
