Posts Tagged ‘ gold price ’

Monetary Crisis Could Lead to Wild Gold Spike

May 28th, 2010 | By | Category: Featured, Gold
When the proverbial fecal matter hit the fan during the week of May 3, one asset shined above all others. It was the humble yellow metal, gold, doing its part in times of panic and crisis. It held up. On May 7, gold closed above $1,200 for the first time ...read more

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Posted in Featured, Gold | 16 comments


Hedging Risk with Gold

May 13th, 2008 | By | Category: Gold, Macro Economics
A little less than 12 months ago, the world’s biggest financial players suddenly found they could not turn some $1.3 trillion of their assets into cash. These assets — bonds backed by U.S. homebuyers with low (or no) incomes — had become utterly illiquid. No one would buy or lend against ...read more

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Beached Whales and Economic Omens

Oct 29th, 2007 | By | Category: Gold, Oil
ON A RECENT TRIP TO CALIFORNIA, I grabbed a copy of the Los Angeles Times that featured a page-one photo of a massive beached whale. The poor critter was a female blue whale. The carcass was about 80 feet long and tilted the scales at nearly 100,000 pounds — making ...read more

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