TENSIONS IN THE MIDDLE EAST CAUSE GOLD PRICES TO JUMP
Mon, 29 Dec 2008 21:56:47 +0000
Gold rose to its highest price in eleven weeks today, while silver and platinum were also up, due to the rising tension in the Middle East.Â
According to Frank McGhee, head dealer at Integrated Brokerage Services LLC, on Bloomberg.com “People are buying gold because of the Middle East.  This is a fear premium being inserted back [...]
GOLD FUTURES UP THIS MONDAY
Mon, 22 Dec 2008 22:17:17 +0000
Gold futures rose today for the first time in three days as gold as a safe haven purchase swung around again. Â We’ve seen these ups and downs a lot in the last few months, and we should expect to see some more before the holidays wind down. Â But don’t worry, most analysts don’t think that [...]
AUTO INDUSTRY vs GOLD MARKET
Fri, 12 Dec 2008 20:09:21 +0000
The auto industry in America has been on the verge of bankruptcy for what seems like months. Federal legislatures have been debating about whether or not to give the auto industry some much needed money or whether or not to let them flounder like the rest of the private sector. The proposed bail-out [...]
TENSIONS IN THE MIDDLE EAST CAUSE GOLD PRICES TO JUMP
Mon, 29 Dec 2008 21:56:47 +0000
Gold rose to its highest price in eleven weeks today, while silver and platinum were also up, due to the rising tension in the Middle East.Â
According to Frank McGhee, head dealer at Integrated Brokerage Services LLC, on Bloomberg.com “People are buying gold because of the Middle East.  This is a fear premium being inserted back [...]
TRULY ENDURING WEALTH
Wed, 24 Dec 2008 20:00:18 +0000
On Sunday, British archaeologists in Israel got a lovely Hanukkah surprise: a horde of gold coins dating to the 7th century. Nearly 300 coins were found in a collapsed building that was being excavated in the parking lot that outside the Old City of Jerusalem. It is suspected they were hidden in a [...]
GOLD FUTURES UP THIS MONDAY
Mon, 22 Dec 2008 22:17:17 +0000
Gold futures rose today for the first time in three days as gold as a safe haven purchase swung around again. Â We’ve seen these ups and downs a lot in the last few months, and we should expect to see some more before the holidays wind down. Â But don’t worry, most analysts don’t think that [...]