If you’ve been following gold prices over the last month, you know that prices have been rising. A lot of theories are circulating about why this is happening, including:
Read MoreThe first question people ask after acquiring gold is, “Okay, now where do I keep it?” In today’s post, let’s review the advantages and disadvantages of popular places to store your gold.
Read MoreUnless you’ve been hiding in the mountains for the last six months, you know that we have been experiencing a period of political and economic uncertainty in our United States. And do you know what? Now that the election is over, that uncertainty is not going away. It is settling in for a nice long stay and we had better get accustomed to it.
Read MoreDid you ever have a best friend you relied on through thick and thin? We’ve all had friends like that. And as recent news stories have documented over just the last few weeks, gold serves as that kind of steady friend for investors. Just look at a few recent headlines…
Read MorePeople around the world aren’t waiting breathlessly to make financial decisions until after our election. They’re already buying and selling gold, buying and holding gold, and applying all kinds of strategies to profit from the metal. Just recently, for example, China acquired an estimated 11 tons of gold and salted it away, which helped drive up prices. Russia is buying up reserves of gold too. So chances are pretty good that those activities will continue, so the trading price of gold isn’t about to fall anytime soon – not even after our November election.
Read MoreIn the few days since Britain’s referendum vote to leave the European Union, we’ve seen headlines like these about gold: “Investors Move to Buy Gold as Hedge against Brexit Losses” and “Gold Prices Rise after Britain Decides to Leave the EU.” Do you notice anything funny about those headlines? If you consider them side-by-side, you see a problem: It the price of gold has already surged, why buy it now?
Read MoreWhen we set out to find out whether gold prices more typically rise or fall more under Democratic or Republican presidents, we came up with some surprising statistics, as you will see below. But before you get your hands dirty by digging into our findings, how useful are they? Can you use them to conclude that gold prices will rise more if our next president is a Republican, for example?
Read MoreNonetheless, we still get to ask a “what’s next?” question about gold prices when our next president, whoever that may be, takes office. Today, we’d like to look at only two candidates – Hillary Clinton and Bernie Sanders. What could happen to gold trading prices if Hillary or Bernie wins?
Read MoreIt is no secret that gold has been trading for low prices over the last few years. But as we enter a new year, let’s remember that gold is finding its way into a growing number of new applications. As a result, we believe that demand for the metal is sure to increase, followed by rising trading prices. Let’s review some of the new ways that gold is being used today, which point to a very positive market for your gold investments in the future.
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