Measuring Declines from the High- Gold, Silver, Platinum, Palladium
For the past few weeks, precious metals have undergone significant, rapid declines. This follows a year of banner performance during 2009. I wanted to take a post to briefly examine the extent of the declines for gold, silver, platinum, and palladium.
Roughly two months ago, gold had reached a new all time high and silver had [...]
2009 Ultra High Relief Double Eagle Gold Coins
The US Mint recently wrapped up sales of the 2009 Ultra High Relief Double Eagle Gold Coin. The sales officially ended on December 31, 2009 and more recently some final details about total sales became available.
The coin was authorized directly by the United States Secretary of the Treasury back when it was Hank Paulson. The [...]
Gold 101: Understanding the difference between currency and money
Linda Brady Traynham of Whiskey and Gunpowder shares a portion of her recent interview with Doug Casey of Casey’s Gold & Resource Report.
2009 Precious Metals Performance: Gold, Silver, Platinum, Palladium
Precious metals delivered a strong performance during 2009 with strong returns across the major categories of gold, silver, platinum, and palladium. Although gold seemed to dominate the attention of the mainstream press, the annual performance figures reveal that it was outperformed by other precious metals.
The table below displays the last price of 2008 from Kitco’s [...]
Fractional Gold Eagles Make Brief Appearance
During December, the United States Mint briefly offered 2009 American Gold Eagle bullion coins in fractional weights. This included one-half ounce coins, one-quarter ounce coins, and one-tenth ounce coins.
This was the first time that the US Mint had offered anything other one ounce gold bullion coins for more than a year. Back in October 2008, [...]
2010 Silver Eagles Arrive Late
Usually, the United States Mint will begin production of the American Silver Eagle bullion coins bearing the following year’s date in late November or early December. This allows the US Mint to begin accepting orders in December for delivery of the coins in early January. This system has allowed bullion and coin dealers to get [...]
How and Why China Will Flood the Gold Market
The Chinese government is telling people gold and silver are good investments that will safeguard their wealth. After last year’s meltdown in the stock market, people believe it. After all, Chinese citizens don’t receive government retirement money… and they don’t have company pension plans like people in many other countries do.
Goldbugs Beware! The tax man cometh!
Money Morning’s Keith Fitz-Gerald brings us a sobering look at investing in gold. If there is a moral to the story, it’s that nothing is what it seems anymore – not even gold.
Can precious metals keep on flying?
Are you sold on gold? The precious metal outperformed every major equity index in the world in 2008. The question is, can gold—and other precious metals—keep on flying? Or would buying today be buying high and selling low?
Precious metals have always been intriguing to investors because they tend to hold their value. In times of geopolitical crisis or currency devaluation, for example, the value of paper money might fluctuate, but a hard asset will always be worth something. As a result, historically, precious metals have been considered a “safe haven” in times of economic and financial instability.
That brings us to why gold is on a tear today. It declined in 2008 and early 2009 as panicked investors rushed into cash…
2009 Gold Buffalo Bullion Coins
After nearly one year of suspension, the United States Mint recently resumed production of the 24 karat American Gold Buffalo Bullion coins. This coin series had been introduced in 2006 as the US Mint’s second gold bullion coin program. As opposed to the existing American Gold Eagle Coins, which are struck in 22 karat gold, [...]
Rich Dads Advisors Guide to Investing In Gold and Silver Protect Your Financial Future
Rich Dads Advisors Guide to Investing In Gold and Silver Protect Your Financial Future
Learn to [...]
Playing gold under the sea
This article was written by InvestorPlace. In the 1970s, when crude prices were skyrocketing and demand was high, a new industry emerged: Offshore drilling. “Why limit ourselves to land,” the energy companies asked, “when there is so much wealth under …
2009-W Uncircualted Gold Eagles Canceled
The United States Mint expanded its line of collectible American Gold Eagle coins in 2006. They introduced the collectible uncirculated Gold Eagle, sometimes referred to as “Burnished Gold Eagles.” These coins are struck on specially burnished blanks and carry the “W” mint mark. As opposed to bullion coins, these were sold directly by the US [...]