By: Rick Ackerman, Rick’s Picks In the Rick’s Picks chat room, where the focus is sometimes obsessively on gold, the meaning of “long-term” can range anywhere from 90 minutes to about three…
Tag: gold price
Gold Marching to 1200 Psychological Level
Precious metals soar today on the back of central bank rhetoric while energies are lifted mildly by recovery in stocks. Gold surges to new record high of 1167.8 as St Louis Fed…
Another Central Bank Bought Gold from the IMF!
Bullion bulls take a breather after pushing gold above 1140 Monday. Currently trading at 1131, the Comex gold futures may edge lower later today as USD recovers. However, the pullback should not…
Gold Extends Strength Above 1100 amid Worries about USD’s Reserve Currency Status
Gold price continues to rise to uncharted region on Monday. Currently trading at 1109.3, the benchmark contract is mainly buoyed by weakness in the dollar. Rajat Nag, managing director of Asian Development…
Gold Pushes to New Highs (Video)
Gold broke through new historic highs this week as the dollar remained weak across the board. James Turk, founder & CEO of GoldMoney, considers the outlook for gold. Buy gold online –…
The 3 Best Ways to Invest in Gold
Why is gold the most popular investment hedge against any economic, political, or social crises? Because it is self contained, liability free, and universally valued. Few other assets can compare. While today’s…
Who Owns Most of the World’s Gold?
By Luke Burgess With gold prices getting ready to soar, we’ve decided to find out who owns the most bullion in the world. It’s no surprise that governments, central banks, and investment…
Silver Stock Report: The Tiny Gold Market
Silver Stock Report by Jason Hommel, October 9th, 2009 There is very little understanding of the relative size of the gold market, let alone the silver market. In the gold market, the…
A Closer Look at Drivers for the Gold Rally
Comex gold extends gains to as high as 1049.7 in European morning. Major reasons driving gold’s rally are weak USD, inflation expectations and minimal sales from central banks. The Fed has reduced…
Gold Price Made Fresh Record High and Confirmed Long-term Uptrend
Gold price set a new record high Tuesday amid USD’s weakness and renewed inflation worries. The benchmark contract for the yellow metal breached the peak of 1033.9 made in March 2008 and…