Gold prices have experienced sharp increases over the past few days. Thomson Reuters GFMS annual gold survey released today shows that global investment increased 20% last year to $80 billion, leading to the nominal high last September of $1,920/oz. This is primarily attributed to the physical buying of bullion.
Let’s recap what has happened in the financial markets recently to affect gold prices.
Details“I like to think of the gold position as a kind of stock insurance,” CNBC’s Jim Cramer says in a Dec. 30 lesson in investment diversification. “Now, would you want a home without homeowner’s insurance? No. You wouldn’t own a car without car insurance. You shouldn’t invest without some gold exposure because gold pays off…
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As of today (January 18th 2012) physical gold bullion is trading at $1649 an ounce. If you had the chance to buy gold at $552 today, would you? Well based on current levels buying silver right now at $32.6 an ounce is like buying gold for $552 an ounce today.
Silver is currently trading at about
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A recent silver update concerning the upside potential of owning physical silver with ‘Silver Shield’ Chris Duane addressing the following statements:
“I am working furiously right now
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Investing in Gold in 2012Dennis Garman was recently quoted by Bloomberg as saying the following:
“Since the early autumn here in the Northern Hemisphere gold has failed to make a new high. Each high has been progressively lower than the previous high, and now we’ve confirmation that the new interim low is lower than the previous low. We have the beginnings of a real bear market, and the death of a bull.”
Here are the Top 5 Reasons 2012 will be a Golden Year for precious metals investors.
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Legendary Investor Jim Rogers with Judge Andrew Napolitano on Freedom Watch. Jim talks about the great opportunity silver presents and explains the importance of owning hard assets during times of economic uncertainty.
Jim Rogers calls himself an adventure capitalist and is author of the book “A Gift to My Children: A Father’s Lessons for Life and Investing”. He was asked what can ordinary folks do to protect themselves from reckless monetary policies and he replied
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Gold Price Predictions Fueled by Bullish FactorsIf you’re looking for gold price predictions for 2012 then you are likely expecting gold to continue to surge upward to record levels.
If you know what factors are driving driving gold upward, then price predictions you’ve recently heard of $1800 gold and even $2000 gold don’t sound like overinflated wishful thoughts but more like realistic expectations that analysts have arrived at based on solid data.
Let’s cover some of the information that gold analysts are using to base their gold predictions upon for 2012 and beyond.
DetailsSo why did Gold dip? The current signals in the gold market dictates that the trend of buying physical gold bullion is favored over other more speculative forms of investing in the precious. Banks concerned about liquidity and solvency in the European banking system have been lending and possibly even selling gold to
It’s very pleasing for us to see gold recovering from some of the short-term losses that it had during the summer,” BlackRock managing director Evy Hambro told CNBC on Nov. 8. “The trend line in price remains
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Gerald Celente founder and director at Trends Research Institute and publisher of the Trends Journal tells us how he has become a casualty of MF Global’s bankruptcy to the tune of six figures buying futures instead of physical metal! And while MF Global went
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