First gold coin of season dropped off at Salvation Army Red kettle in Naperville, Illinois

The first gold coin of the Salvation Army bell ringing season was dropped in a bucket outside a Naperville grocery store Tuesday where the organization's Aurora Corps Community Center was collecting donations. The coin — a 1-ounce South African Krugerrand valued at $1,278 — was anonymously dropped in the red kettle at Casey's Foods, 124 [...]

2017-11-17T11:40:38+00:00 November 17th, 2017|Comments Off on First gold coin of season dropped off at Salvation Army Red kettle in Naperville, Illinois

Repost: Gold edges higher but remains stuck in narrow range

Bengaluru — Gold firmed on Friday but stuck to a narrow range below the previous session’s highs as the dollar steadied amid caution ahead of US jobs data later in the day. Spot gold edged up 0.1% to $1,277.04/oz at 3.27am GMT, and was on track for its first weekly gain in three. It hit [...]

2017-11-03T14:55:08+00:00 November 3rd, 2017|Comments Off on Repost: Gold edges higher but remains stuck in narrow range

Gold vs Bitcoin by James Rickards

I write and speak a lot on gold. In contrast — and this surprises some people — bitcoin is my least favorite topic. I’m made my views known many times. Still, interviewers love to get into the “gold versus bitcoin” debate. I continually get dragged into discussing bitcoin in interviews on TV, radio and the [...]

2017-10-31T11:59:44+00:00 October 31st, 2017|Comments Off on Gold vs Bitcoin by James Rickards

Local and Global Gold Demand at Record Levels in 2017

JOHANNESBURG - Gold has generally held its status as an investment haven in times of global uncertainty, disparate economic growth across countries and particularly when geopolitics take the center stage as they have done in recent years. Share Investing Chief Executive Officer, Aneesa Razack said “This is particularly because of its properties as both a [...]

2017-10-24T09:31:03+00:00 October 24th, 2017|Comments Off on Local and Global Gold Demand at Record Levels in 2017

Psychology of gold and why it has that alluring factor

(CNN)When you think of the color gold, images of grandeur and extravagance are likely to come to mind. For millennia, the metal has adorned crowns and hilts of swords. It has been used to enhance paintings and ornaments to increase their value. In some cultures, gold is a predominant feature of festivals and celebrations. In [...]

2017-10-13T13:15:25+00:00 October 13th, 2017|Comments Off on Psychology of gold and why it has that alluring factor

South Africa’s true financial cost of Hurricane Jacob

We are currently experiencing the wrath of the Zuma administration, writes Magnus Heystek. Picture: Shutterstock Stone last. Over 1 month, six months, one year, three years and even five years. In rand as well as US dollars. Against the developed world and now also against the emerging market world. Take your pick; it doesn’t matter. [...]

2017-09-28T09:56:33+00:00 September 28th, 2017|Comments Off on South Africa’s true financial cost of Hurricane Jacob

3 Black Swan Events That Could Wreak Havoc In 2017 – Will Gold Prices Be Going Up?

Summary There are sizable risks globally that could easily spark the next major economic crisis. The twin threats of a European banking crisis and the E.U. imploding is very real. While markets view Trump’s proposed economic policies with great enthusiasm and optimism there is also a dark-side them increasing the threat of stagflation occurring. The [...]

2017-08-30T10:29:10+00:00 August 30th, 2017|Comments Off on 3 Black Swan Events That Could Wreak Havoc In 2017 – Will Gold Prices Be Going Up?

Gold Stats – Look at this chart and even the haters might be tempted to buy gold

Michael Batnick of the Irrelevant Investor blog readily admits that, when it comes to gold, he’s been “a pretty vocal critic of the barbarous relic.” So why is he all of a sudden about to devote 10% of his liquid net worth to the “safe haven” investment he’s historically spurned? The answer lies in this [...]

2017-08-30T09:13:11+00:00 August 30th, 2017|Comments Off on Gold Stats – Look at this chart and even the haters might be tempted to buy gold

The Coming Gold Break Out

Gold has conducted what some are calling a “stealth rally” over the past month. After bottoming at $1,206 per ounce on July 10, gold is at $1,286 this morning, a healthy 6.5% gain in just over one month. The has been welcome relief for gold investors after a series of “flash crashes” on June 14, [...]

2017-08-23T11:26:56+00:00 August 23rd, 2017|Comments Off on The Coming Gold Break Out

Gold Prices Showing Signs of Economic Downturn

Bullion prices surpassed the threshold of $1,300/oz. for first time since Donald Trump was elected in November, suggesting the protraction of reforms and global economic uncertainty are too rife for investors to focus on Main Street fixed investments. Kristian Rouz – The price of gold, one of the main international safe-haven assets, surpassed the $1,300 [...]

2017-08-23T11:18:48+00:00 August 23rd, 2017|Comments Off on Gold Prices Showing Signs of Economic Downturn
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