As we near spring and head into “March Madness,” better-than-expected numbers on retail sales and unemployment in the U.S. has led to a slight sell-off in gold. As of this writing, gold stands at just under $1600 per ounce – so far this year, gold is down about 5% from its close on December 31,…
Copper Bullion – Does Investing Make Sense?
There’s no disputing it, copper is one of the modern world’s most vital resources. Its uses have become central to an infinite variety of domestic, industrial, and high-technology applications, and its demand is increasing by more than 575,000 tons annually and accelerating. Now, consider for a moment the fact that there is only so much…
Gold Confiscation – Why a Future Call-Back is Unlikely
Gold confiscation – it’s a myth that too many gold investors have been caught by in years past. That myth of course is perpetuated by dealers out to make a quick buck. They claim certain coins (i.e. bullion) can be confiscated by the government. Therefore, you should purchase more expensive coins that can’t be. This…
Platinum Bullion – Is it the True Jewel to Own?
Interest in precious metals – particularly gold and silver bullion – has exploded in recent years. Precious metals’ prices have been tremendously resilient, and growth in comparison to traditional financial vehicles like savings accounts, CDs and stock investments, has been remarkable. Investors however, often overlook the growing potential of platinum bullion, an oversight that may…
How To Tell If Gold’s Bull Run is Ending
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…
Despite Losing Some Gains, Gold and Silver Hold On Strong
As we head into the final quarter of 2012, it’s time to take stock of what’s going on in the gold and silver markets. In the third quarter—August and September specifically—both metals saw tremendous gains from their summer lows. At the beginning of the third quarter (July 1), gold hovered around the $1600/oz mark for…
