Unless you’ve been hiding under a rock (or a gold nugget?), you’ve probably heard about the skyrocketing gold prices. As of this writing, gold is at $1425 USD! Only a few months ago, I don’t think most people other than a few gold bugs would have imagined prices shooting up so high, and so fast…. [Read More]
What to do… what to do… when Mr. Market is grouchy?
I recently sold off a good chunk of my precious metals at the market peak, and with the recent market turmoil that doesn’t seem like it was such a bad decision. However, I am in a bit of a dilemma: I have a downpayment to pay, and I have a choice to draw on mutual… [Read More]
How Gold Can Provide Stratospheric Returns to Your Investment Portfolio… if You Can Avoid the Bubbles!
A while ago, I took a look at the performance of gold over the past few decades, and I recently looked at the hot activity in precious metals. There was a great discussion on that post on the merits of investing in gold versus the stock market, and fellow bloggers shared their views on the… [Read More]
Precious Metals Are on Fire!
Has anyone noticed the movements of gold, silver, etc… lately? As I write this, gold is almost at $1250. The gold price, silver prices, and the platinum price have all been going through the roof. Sovereign debt risk is the current topic of interest, and there is a tug of war going on between the… [Read More]
Gold as an Investment: Performance over Time
Last week, I introduced gold and talked about the allure of this precious metal. Due to gold’s spectacular rise in recent years, interest in the yellow metal has been increasing. Ever since the 2008 financial crisis and the subsequent efforts of governments to stimulate their economies, people have been increasingly taking a hard look at… [Read More]