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  • Gold gets boost after Fed shows concern over dollar, economic growth

    • October 8, 2014
    • Category: News

    Gold prices received a boost of about 1% on Wednesday as minutes from the Federal Reserve’s mid-September meeting were released. The minutes showed concern from the central bank about the strengthening dollar and weak economic growth in Europe and Asia. The Wall Street Journal explains: Officials worried at the Sept. 16-17 policy meeting that a burgeoning U.S.

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  • Former Fed Chairman Alan Greenspan Talks Gold

    • October 7, 2014
    • Category: Gold

    In an essay featured in Foreign Affairs titled “Golden Rule: Why Beijing Is Buying”, former Federal Reserve Chairman Alan Greenspan praises the various properties and benefits of physical gold, claiming “gold has special properties that no other currency, with the possible exception of silver, can claim.” He makes some other compelling statements, such as: “For more than two millennia,

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  • This Week in Gold: U.S. Dollar Infographic, Market Happenings

    This week in gold, we shared an infographic depicting what $1 buys you then vs. now and covered notable movements in both the stock and gold markets. While markets may fluctuate, remember that physical gold is seen as a long-term investment offering real value and peace of mind that your wealth is protected. Infographic: “Then vs. Now:

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  • Did you hear the news? Gold at lowest level this year

    • October 3, 2014
    • Category: News

    Following reports that U.S. job growth rebounded in September, gold fell to its lowest price yet in 2014. Gold for December delivery fell by 1.9% to $1,192.30 an ounce on the Comex, its lowest price since December 31, 2013. The positive jobs data set off concerns that the Federal Reserve may raise interest rates in 2015,

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  • Dow Falls on Worries about Global Growth

    • October 2, 2014
    • Category: News

    U.S. stocks fell to their lowest levels since mid-August on Wednesday, as the Dow Jones Industrial Average lost 235 points, or 1.4%, the S&P 500 lost 27 points, or 1.4%, and the Nasdaq Composite Index lost 77 points, or 1.7%. Gold futures gained 0.3% to $1,214.60 an ounce. Stocks began to decline later in the day after

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  • Infographic: “Then vs. Now: What Does $1 Buy You?”

    • September 29, 2014
    • Category: Currency

    Mashable has created an infographic depicting how much $1 would buy you in the past as compared to what it can buy you in 2014. The introduction reminds us that “The dollar ain’t quite what it used to be.” For example, $1 in 1913 could be used to purchase 4 lbs. of sirloin steak, while today $1 can only

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  • This Week in Gold: Royal Mint, Fed Basics, Stock Market Woes

    This week in gold, the UK’s Royal Mint opened its doors to members of the public looking to own gold, we answered basic questions regarding the U.S. Federal Reserve, and the stock market experienced a tumble that concerned some experts. As market watchers anticipate the end of the third quarter and some gold-heavy holidays coming up in

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  • Stocks Tumble, Some Experts Warning of Correction

    • September 25, 2014
    • Category: News

    The S&P 500, Dow Jones Industrial Average, and Nasdaq all tumbled on Thursday at close, making it the worst day of performance for all three indexes since July 31. Tech giant Apple announced on late Wednesday that its latest software update contained a glitch that was preventing users from making phone calls, and subsequently its

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  • What is the Federal Reserve? Basic Questions Answered

    • September 24, 2014
    • Category: Government

    A central bank, according to a basic Google search, is: “a national bank that provides financial and banking services for its country’s government and commercial banking system, as well as implementing the government’s monetary policy and issuing currency”. The United States’ central bank is called the Federal Reserve, nicknamed “The Fed”. What is the history

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  • UK’s Royal Mint Encouraging Public to Become Gold Investors

    • September 23, 2014
    • Category: News

    The Royal Mint, the official government mint of the United Kingdom, has launched a new website selling gold and silver bullion coins in aim to make it easier for members of the public to invest in gold. The website, royalmintbullion.com, is meant to offer “relatively affordable” precious metals struck by the Royal Mint to everyday investors. Prices are

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