“There is an insatiable thirst for gold at the moment,” says Nick Moore of RBS. The yellow metal has risen above the $900 an ounce level for the first time in more than three months, …
Gold price could double in two years
Category: Gold
What the real price of gold should be
“Gold must hit $2,200 an ounce to match its real peak of Jan. 1980. Or so almost everyone thinks…” What’s in a number? Ignoring the day-to-day noise, more than a handful of gold dealers and …
Gold stays solid as currencies soften
Forecasting currency movements is difficult at the best of times given the forex market’s tendency to “charge one way and then the other… with the same fickleness as a teenager follows fashion”, as Hugo Dixon …
Is it still worth buying gold?
This coming May will mark ten years since Gordon Brown chose to sell well over half the UK’s national gold reserves – some 415 tonnes all told – at what would prove to be rock-bottom …
Hang on to your gold
What could you have bought on 1 January 2008, and still have your wealth intact come 1 January 2009? Gold, says Peter Grandich of The Grandich Letter. Trading around $860 an ounce, the gold price …
Keep an eye on gold mining stocks
It might be the best buy signal you’ll ever see for the gold-mining sector. Since October, demand for gold coins and bars has soared so much that dealers can hardly find any to sell right …
Steer clear of jewellery and diamonds as ‘investments’
With the economic slowdown and the consequent fall in jewellery sales, jewellers have recently begun touting the merits of jewellery and diamonds as being ‘investments’. This is dangerous nonsense that may lose investors even more …
Gold investors cash in as rates tumble
With the Bank of England hitting the panic button, slashing the returns paid to UK savers down to three-century lows at the start of December, the clear winners from its campaign to refloat the bubble …
Don’t give up on gold miners
Gold bugs have been shocked by the sudden fall in the value of their favourite investment, which plunged about $250 an oz from early July to late October, although the metal has since bounced back …
Ignore Darling, buy gold
MoneyWeek is not a political magazine. We aren’t much interested in who belongs to what party; we have no connections to any particular group; and we don’t care who is in government, as long as …