There are times when a certain asset or investment is all the rage. Then one day, bam, the bottom falls out…economists, analysts and investors refer to this as a bubble. A bubble is precisely what occurred in the real estate market in the last decade. It also in fact occurred in the gold markets back…
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…
Can I Really Drive from Atlanta to Orlando for 2-Ounces of Silver?
Much of our interest in silver is driven by its comparison to paper U.S. Dollars. A few months ago, we wrote a post about a gas station in Oregon accepting 90% junk silver quarters and dimes. In that commentary, we explored the relationship between silver (…or commodity backed money) and the fiat dollar and found…
Gold & Silver Tumble to 3-Month Lows on News from Fed
Following news that the Federal Reserve is ceasing its economic stimulus program known as Quantitative Easing, the gold, silver and even equity (stock) markets took a tumble. Gold in fact dipped 4.2% to a 3-month low while silver was off by about 2% this past Wednesday, April 4th. This announcement from the Fed is seen…
Jim Cramer – Buy and Hold Gold, Don’t Trade
After a few weeks of consistent gains, gold took a 4.3% nosedive this past Wednesday. This may have some wondering if it’s a good time to sell, or is it a good time to buy? According to TV personality and co-founder of TheStreet.com Jim Cramer, investors should be buying and holding gold and not trading…
What Would a U.S. Government Debt Default Be Like?
From reading and watching current events, the public at large has become quite alarmed at the national debt and possibilities of default. It’s certainly a big issue dominating the political conversation in the U.S, Europe and even around the world. Last summer, the specter of a default came into focus as the Congress, President and…
