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  • Hebba Investments: “Gold Investors Should Be Very Comfortable”

    Although physical gold is commonly considered a long-term investment, lower gold spot prices can cause anxiety among investors. However, Hebba Investments have penned an article in Seeking Alpha telling gold investors they “should be very comfortable with their investment.” How did they come to this conclusion? The state of the gold mining industry As we discussed in yesterday’s blog,

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  • Could a gold supply crunch be coming in 2015?

    There has been much talk this year among gold bugs, analysts, and company officials about challenges facing the gold mining industry. Goldcorp CEO Chuck Jeannes told the Wall Street Journal miners have reached “peak gold”, geologist and mining analyst Thomas Schuster told The Gold Report “we are not replacing reserves as fast as we’re mining them”, and Gold Fields

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  • Federal Reserve releases final policy statement of 2014

    The Federal Reserve has released its final policy statement of 2014 declaring it “can be patient” on the issue of raising interest rates for the first time since 2008. The full statement can be read here. In its last few statements, including this latest one, the Federal Open Market Committee asserts that interest rates will likely remain near zero

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  • This Week in Gold: Peter Schiff, gold’s rebound, silver news, and more

    Gold hit its highest price since late October this week, breaking through the $1,200 resistance level it has been hovering around for some time. On the blog, we covered American Bullion’s recent food donation to the Ventura County Rescue Mission, gold’s sudden rebound, financial commentator Peter Schiff’s latest thoughts on gold and other markets, and the U.S. Mint’s

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  • Gold rises as U.S. dollar weakens, stocks decline

      Gold rose nearly 2% on Tuesday, hitting its highest price since late October, as stocks slumped and cautious comments from Federal Reserve policymakers spurred a drop in the U.S. dollar. Spot gold reached as high as $1,226.80 an ounce, a rise of 1.8%, and U.S. gold futures jumped 2.5% to $1,224.80 an ounce. This is a significant

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  • This Week in Gold: Swiss gold vote results and beyond

    This week in gold, we discussed a couple of news items that highlighted the lasting importance of gold to central banks and consumers. We also answered a commonly asked question about the price of gold that you may have been curious about. Read below for more information on these stories. Swiss voters reject gold initiative Remember

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  • Can I buy physical precious metals at spot price?

    When you look up the price of gold on a given day, the figure you are most likely to come across is the spot price. This is the price that is most often quoted on TV and the internet. However, when you go to a coin shop or a precious metals broker to buy physical gold coins or

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  • This Week in Gold: Mining news, common Gold IRA questions, and more

    This week in gold, geologist Thomas Schuster spoke with The Gold Report about the challenges gold mines are currently facing, we answered the most common questions about opening a Gold IRA, and analysts questioned if gold has hit a bottom. According to Barron’s, “Gold bulls are coming out of the woodwork as prices for the yellow metal rebound off four-and-a-half-year lows.”

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  • Is gold hitting a bottom?

    Could gold be hitting a bottom? An increasing number of analysts think so. According to Barron’s, “Gold bulls are coming out of the woodwork as prices for the yellow metal rebound off four-and-a-half-year lows.” To those who are new to investing, the term “hitting a bottom” may sound like a bad thing, but in the

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  • Mining analyst: “Gold will rebound, it always has and always will.”

    The Gold Report recently conducted an interview with Thomas Schuster, a geologist and mining analyst. In the interview, Schuster says gold is ready for a comeback as global reserves of the metal become more limited. Below we recap his comments regarding the mining industry and how it may affect gold prices. Can gold rebound? The Gold Report asked

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