Gold Market News

Do you know the Secret of Motel 6?

Gold has been in the news everywhere, and the words you hear spoken most are “wealth protector.” Gold is up 18% so far this year, while both the S&P 500 and Dow Jones are down. That’s the kind of wealth protection everyone could use more of these days. But gold has additional reasons for its […]

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Breaking News: Largest Gold ETC Suspends New Shares

Gold demand has been so strong in 2016 that the largest gold exchange-traded commodity (“ETC”) has temporarily suspended the issuance of new shares to investors. While Blackrock’s demand problem is good news generally for gold and silver investors, it also highlights the risks of holding “paper gold” instead of actual physical bullion. Because of the […]

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Could the $100 bill soon be history?

Former U.S. Treasury Secretary Larry Summers made waves last week with an pronouncement heard across the world: he believes that large denomination bills should be phased out permanently. In his words: “It’s time to kill the $100 bill.” The reason? These paper instruments allow for anonymous transactions that can’t be tracked by government authorities. In […]

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De-Mystifying the Financial News Cycle

It is a pattern I’ve seen repeated again and again in the news media over the years. First comes concerns over the economy, then oil hits the skids, then the major stock indices hit double-digit negative territory… and then suddenly articles about gold are blooming everywhere. Over the weekend, both the Wall Street Journal and […]

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Gold: Keeping the bear at bay

2016 is a clear, painful lesson in diversification for people who are over-invested in stocks. I don’t point this out to rub salt in any wounds, especially since I have stocks among my retirement assets too. My goal is to help you prepare for what might come next.As the old proverb goes: hope for the […]

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Is your Bear Market strategy in place?

You’ve seen the news: continued weakness in the U.S. market and lots of economic and political uncertainty ahead. The Dow Jones Industrials finished last week down over 7% year-to-date and oil down over 13%. Do you think this will turn around? Some analysts say yes, some say no. But you can’t gamble with your retirement. […]

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Gold: Your Lifeboat as Markets Sink

Both gold and silver held tough last week as the new year’s bear market continued to pummel stock investors. In a week where oil plunged over 11% and the S&P 500 was down 2%, gold and silver finished down less than 1%. In this new year, the diversification value of owning gold couldn’t be clearer. […]

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2016: Gold & Silver go political?

As 2015 rang into 2016, both silver and gold ended their final trading sessions at prices below their 2014 close. Gold finished its last trading session at $1,061.90/oz., compared to $1,184.30/oz at the end of 2014. Silver closed 2015 at $13.84/oz., down from $15.64/oz. a year ago. ARE YOU OPTIMISTIC? You should be. Gold and […]

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