Weekly Gold Price Recap: November 3 – November 7, 2014

Posted filed under Gold Prices.

Gold Price Recap

Open: $1,165.00 Close: $1,175.10 | High: $1,175.10 Low: $1,133.70 The price of gold opened the week with a four-year low on sluggish demand for the precious metal in China. This is usually the prime time for Chinese traders looking to buy gold, as buyers stock up on gold ahead of the Lunar New Year holiday…. Read more »

Alan Greenspan Worried About Economy – Says Put Your Money in Gold

Posted filed under Videos.

Alan Greenspan Worried

As the Federal Open Market Committee was preparing to announce that Quantitative Easing was coming to an end on Wednesday, former Federal Reserve chairman Alan Greenspan was speaking before the Council on Foreign Relations. Greenspan, as usual, was very blunt in advising the audience that in his view, under current conditions, gold is a good investment…. Read more »

How to Find the Value of Your Gold Coins

Posted filed under Consultants Corner.

Gold Coins

Just like you wouldn’t think to sell your car without knowing how much you can ask for it, so too should you carefully research the value of a coin collection before exchanging it for cash value.  Before you sell, look into the proper worth of your gold coins. Find The Current Price of Gold If… Read more »

Weekly Gold Price Recap: October 27, 2014 – October 31, 2014

Posted filed under Gold Prices.

Gold Price Recap

Open: $1,228.70 Close: $1,171.20 | High: $1,232.20 Low: $1,167.50 Gold opened the week fairly steady. Not much happened over the weekend to influence gold prices, but the dollar was less strong on Monday, which tempered the selling of gold. Both Monday and Tuesday experienced little action in the gold marketplace, as traders simply looked ahead… Read more »

Federal Reserve Announces the End of Quantitative Easing

Posted filed under Consultants Corner.

Janet Yellen gold coins

Why Now is the Time to Invest in Gold In November of 2008, the Federal Reserve began an economic stimulus program known as quantitative easing, or QE. In response to the recession, the Federal Reserve started buying mortgage-backed securities and government bonds to help keep the economy afloat. The goal was to incentivize banks to… Read more »