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Price of Gold Weekly Recap: December 4 – December 8, 2017

Gold prices slipped on the open Monday to start the week at $1,275.57, then traded up throughout the day to close at $1,276.29, reported the gold price history chart. Tuesday opened slightly off... Read More »

Will the Petrodollar Collapse in 2018?

In 1944, the Bretton Woods Conference resulted in the establishment of an international gold standard and global acceptance of the dollar as the reserve currency. When economic factors forced the country to untether... Read More »

What Is Bitcoin?

Have you heard about the market in Bitcoin? Turn on any financial news channel and the topic will likely come up within fifteen minutes at most—especially given the recent price surge. What’s all... Read More »
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How Will the Senate Tax Plan Impact Gold Prices?

At 2 a.m. last Saturday, the Senate finally passed its version of the tax reform bill by a narrow margin of 51-49. Senator Bob Corker was the only Republican who voted against it,... Read More »

Price of Silver Weekly Recap: November 27 – December 1, 2017

Silver prices started the week up slightly from Friday’s close at $17.08 and spent Monday above the psychologically important $17.00 level to close at $17.06. The price of silver surged to open up... Read More »

Price of Gold Weekly Recap: November 27 – December 1, 2017

Markets opened the week with gold prices up nearly $7.00 over Friday’s close at $1,295.11 and stayed in that lofty neighborhood all day to close Monday at $1,294.14. Tuesday’s open was up at... Read More »