Cyclical Stock Bull vs. Secular Gold Bull
March 4, 2010 by goldguru · Leave a Comment
By Gary Savage, GoldSeek Since March of 2001, the stock market has been and continues to be in a secular bear market. Beginning in March 2009, stocks have been in a cyclical bull market. This means our current stock market is in a relatively short term bull rally within a much longer term secular bear market decline. The [...]
John Embry: Gold bull has years and thousands of dollars to go
December 24, 2009 by goldguru · Leave a Comment
8p ET Wednesday, December 23, 2009 Dear Friend of GATA and Gold: Sprott Asset Management’s chief investment strategist, John Embry, explains in detail in the new issue of Investor’s Digest of Canada why gold is not in a bubble, why today’s gold price suppression by central banks is many times greater than it was in [...]
Gold, Silver, Metal Prices: Commentary – 10/30/2009
October 30, 2009 by goldguru · Leave a Comment
GDP: Great Day to Play Good Day, Friday’s market sessions in precious metals started off on a tamer note, following the best gains in gold in three weeks. Explanations follow. The recapture of the $1045 area is noteworthy, although analysts we polled during the wee hours overseas are trying to define the move as everything [...]
Austrian Mint’s Vienna Philharmonic 20 Ounce Gold Coin celebrates a 20 Year Success Story
October 30, 2009 by goldguru · Leave a Comment
Twenty years ago in 1989 the Austrian State Mint passed from the Treasury into the ownership of the central bank. The mint was given the freedom to produce and sell products in accordance with the demands of the modern numismatic and investment markets. One of the very first innovations introduced by the new CEO, Paul [...]
American Gold Bullion
October 30, 2009 by goldguru · Leave a Comment
Even though multitudes of American investors have lost faith in Wall Street and our nation’s banking system, they can still show their patriotism by purchasing American gold bullion, as they convert their wealth into precious metal diversification. Traditional investments in stocks and bonds have had their overextended course of contrived prosperity, now it’s time to [...]
US Mint Bullion Gold Buffalo Coins Top 110K
October 29, 2009 by goldguru · Leave a Comment
The United States Mint has sold 110,500 one-ounce American Buffalo $50 Gold Bullion Coins since they were released on Thursday, Oct. 15, 2009. To place that in perspective, in less than two weeks bullion dealers have purchased 64.2 percent of the total (172,000) that was sold in all of 2008. There appeared to a touch [...]
Buy Gold Bullion
October 28, 2009 by goldguru · Leave a Comment
When strictly short-term investors buy gold bullion, many of them prefer the affordability of bullion bars, because their utter simplicity warrants the lowest possible investment- grade gold price. Short-term investors generally purchase one- ounce, and/or ten-ounce bars, whose prices usually hover slightly above the current gold spot price, which is the cost of one Troy-ounce [...]
US Gold Eagles 2009
October 28, 2009 by goldguru · Leave a Comment
If you haven’t heard the news already, the U.S. Mint announced earlier this year that they would be curtailing their overall production of US Gold Eagles in 2009 due to problem sourcing gold to mint them from. The Mint is required to source it’s gold from American mines and because of the huge worldwide demand [...]
Maple Leaf Gold Bullion
October 27, 2009 by goldguru · Leave a Comment
The pride of Canadian coinage is the Maple Leaf gold bullion coin. The Royal Canadian Mint (RCM) proudly produces these strikingly beautiful, one-ounce 24-Karat gold coins, and the Ottawa-based refinery and mint was the first in the world to offer 24-Karat bullion to the world in 1979. It wasn’t until 1982 however, that these modern [...]
Selling Gold Jewelry
October 25, 2009 by goldguru · Leave a Comment
One of the great benefits of investing in gold is that it typically functions as a safe haven for investors in times of economic turmoil. During the current economic instability, gold has risen to record high prices as one would expect. Some people will keep hold of their gold stocks until the peak of the [...]
