Gold is “on fire”, said www.iafrica.com. It hit a new record above $1,240 an ounce this week, eclipsing the previous record of $1,226 notched up last December. It has gained 12% in 2010 and almost …
Gold hits a new record high
Category: Gold
Gold’s bull run isn’t over yet
Call it a bubble, a bandwagon, a bull market, or whatever you will. One thing’s for sure, when the price of something’s going up, there’s nothing quite as exhilarating as being in on the ride. …
Why you should hang on to gold
Unlike paper money, gold is finite. So its value can’t be undermined by a rapid increase in supply, making it a useful hedge against fiat currencies that would be debased if inflation takes off over …
When should you sell your gold?
You’ll have noticed that we have a Budget to endure later today. We’ll be updating on the main points this afternoon. But for all the hype, we’re not expecting anything world-changing. Maybe we’ll be proved …
Gold – the trade of the decade
Back in 2000, Bill Bonner announced his trade of the decade. It was a simple one: sell dollars, buy gold. It turned out to be a good plan. In 2000, you could buy an ounce …
The gold bubble is yet to come
Is there a bubble in the gold market? Must be, says one reader. Just turn on the TV during the day and you’ll see hours and hours of ads from agencies offering to buy gold …
Three ways to buy into gold
While you were sleeping, gold hit another record high. At last count it was at $1179. So, while my heart tells me it’s time to take some money off the table, my head tells me …
Months of gains ahead for commodities
Not surprisingly, given the dollar’s weakness, commodity action has been very positive. Two weeks ago we said that, on the CRB exceeding 271, commodities would become a buy opportunity. As you can see from the …
Why you should bag junior gold miners
I am not a gold bug, but I believe that, while there will be the occasional setback, the gold price is likely to keep rising. First, the US and UK authorities are printing money as …
What gold’s bull run tells us
There is no doubting the fact that China is set to become the biggest economy in the world and in doing so will make an ever greater demand upon natural resources such as oil and …