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  • Gold Falls to 7 1/2-Month Low

    Facing a strong dollar, easing tensions in Ukraine, low inflation, and a possible Fed interest rate hike, gold fell to a 7 1/2-month low on Thursday. Gold for December delivery fell 0.7% to $1,237.10 an ounce by 11:44 a.m. EST on the Comex – its lowest price since January 2014. Silver is also struggling, now at

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  • What Actually Happens When a Government “Prints Money”?

    In economic discussion, you may often hear that a government is “printing money” and then picture sheets of hundred dollar bills coming off a printing press. However, most often this is not what actually takes place when a government adds to the monetary supply. Money creation in modern economies usually involves creating money that is not physical. Central

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  • Gold Continues to Perform

    Friday marked gold’s highest point in two months. Gold is up over $50 per ounce since the beginning of the year and continues to show promise. Many factors have come into play this week to reach these new highs. Here is a closer look at some of the highlights this week. Gold and the Dollar

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  • Stronger Dollar, Equity Swap Pulls Down Gold

    Los Angeles, CA – Gold sank down to $1630 an ounce on Tuesday after the U.S. dollar made gains for the third straight day. These strong gains came on news from the EU Summit last Friday of tighter Eurozone fiscal responsibility measures that were not well received by investors. The price drop in Gold and

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