Gold rose to a new record above $1,042 an ounce this week, finally eclipsing the $1,030 mark reached in March 2008. In inflation-adjusted terms it still has some way to go before matching its 1980 …
Gold price hits new highs, and could double again
Category: Gold
Gold: buy on the dips
Gold’s previous forays over the $1,000 an ounce mark didn’t last long, but this time the yellow metal has been more resilient. It hit $1,020 last week, helped by miner Barrick Gold’s decision to close …
The best ways to invest in gold
Last week, I wrote about the bull market in gold. I don’t think it is over. Obviously, not everyone agrees. A commodity financier friend emailed me to scoff. He said that, for years now, gold …
Why I’m sticking with gold
I’ve been a gold bug for nearly ten years. It’s been good: the dollar price of gold has nearly quadrupled since 2000. It has also been easy. Not many things in the investment world are …
Gold’s eight-year bull run is far from over
Gold is regaining its lustre. Having trod water for the past few months, it had its best week since April last week, rising by 4.1%. Early in the week it jumped above the $1,000 an …
How high can gold go?
You can see from the long term gold chart below that prior to peaking in January 1980, the price approximately doubled in the last two months. That gold primary bull market then ended. The primary …
How to make savvy investments in gold
Since the Obama administration took office in January, we’ve seen hundreds of billions pumped into the economy and the US budget deficit now forecast to top the $1trn mark in the coming years. Many believe …
Exciting times for gold
It used to be very difficult to own gold. Today, that has all changed, it just gets easier to buy. By using Exchange Traded Funds (ETFs) you can own any amount of gold securely and …
The real price of gold
One thousand dollars doesn’t buy what it used to – not for non-US investors, at least. Back in March 2008, when the gold price first broke $1,000 an ounce, the euro equivalent peaked just shy …
Gold investment has more room for growth
“FEAR, Mr. Bond, takes gold out of circulation and hoards it against the evil day,” as 007 learns from a Bank of England officer in Ian Fleming’s Goldfinger(1959). So “in a period of history when …