Posts Tagged ‘ price of gold ’

Inflation and Deflation

Sep 30th, 2008 | By Byron King | Category: Commodities, Economics, Gold
Have you followed the recent rise in value of the U.S. dollar? Through late summer, the dollar increased in value against the euro, as well as the yen and numerous other currencies. Also, as August rolled on, gold fell from a price over $900 to under $800 per ounce. And oil ...read more


The Gold Correction

Jul 29th, 2008 | By Ed Bugos | Category: Gold
Last week we saw a bounce in the stock market that threatened to send the price of gold down to the $920 mark. After a lightening advance celebrating the approval of the quasi-nationalization of America's too-big-to-fail mortgage providers, the market caved on reports of continued stress in the homebuilders. The Dow ...read more


Peak Gold

Jun 2nd, 2008 | By Whiskey Contributor | Category: Gold
Gold may be even more precious than we think. During the last several years, mining companies around the globe have discovered almost no new large-scale gold deposits. So if the world’s major gold companies can’t find any new gold deposits in the ground, they’ll have to find them in the ...read more


The Ratio of Gold Prices to the Dow Jones

Apr 21st, 2008 | By Adrian Ash | Category: Gold, Macro Economics
“The infamous Dow/gold ratio just touched its long-run historic average. So which way next amid the Fed’s inflationary melt-up...?” IF WALL STREET STOCKS can surge 160 points on falling earnings, an 11 percent drop in housing starts, and a 16-year record for consumer price inflation, then so can everything else that ...read more


The Case for Gold

Apr 16th, 2008 | By Adrian Ash | Category: Macro Economics
“Four charts, one metal, and the whole world wrapped up in trying to price risk and reward in a fast-shrinking currency...” YOU CAN LINK THE HISTORIC SURGE in gold prices starting mid-August 2007 to many apparently disparate things. Pick the right link and you might be able to tell whether it’s worth ...read more


International Gold Sales

Feb 12th, 2008 | By Ed Bugos | Category: Gold
THE G-7 APPROVED THE IMF’S GOLD SALES plan this weekend in Tokyo. Quoting a Morgan Stanley analyst endorsing the plan, “This is arguably a good time to consider selling some of these gold holdings and investing the proceeds in financial securities with positive yields.” According to the same article, the head of ...read more


Euros, Gold and the FT’s Person of the Year

Jan 23rd, 2008 | By Adrian Ash | Category: Currencies, Gold
“Who suffers most from inflation? Who suffers most from rising prices? It’s the poor, not the rich. The rich can protect themselves from inflation; poor people can’t.” — Jean-Claude Trichet, head of the European Central Bank (ECB) THE FINANCIAL TIMES CHOSE JEAN-CLAUDE TRICHET — head of the European Central Bank (ECB) — ...read more


Oil, Gold, Batman and Leo Tolstoy

Nov 15th, 2007 | By Byron King | Category: Gold, Oil
OKAY, READERS, LET’S TAKE A LOOK at what’s going on. The price of oil is nearing $100 per barrel and will probably break through that level any second now. The price of gold is nearing $825 per ounce. That should go higher. So this is what we know. Not pretty, ...read more