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  • Gold Soars on Unemployment Report, Fearful Economic Outlook

    Los Angeles, CA – August gold future contracts rose sharply Friday on fresh unemployment news out of the United States and deepening fear that the global economy has taken a turn for the worse. August gold contracts on the Comex division of the New York Mercantile Exchange rose to $1626.30 an ounce, up almost 4%

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  • Without Catalyst, Gold to Hover around $1600

    Los Angeles, CA – The price of gold fell nearly 7% last week to $1600 an ounce on strong U.S. dollar gains and the December 14th announcement by the Federal Reserve saying they would refrain from taking new stimulus measures on the economy.  The Fed’s announcement combined with signs of increased funding stress in Europe

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  • Unique Buying Opportunity in Pull Back of Gold

    Los Angeles, CA – A dramatic week of ups and downs in the market placed the value of Gold just above $1800 on Friday, an expected pull back/correction after a 13-week run of consecutive gains. The precious metal reached an all time high last week, pushing past $1900 over continued concerns of stagnation in the recovery of the

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  • Gold Value Jumps after 2011 Unemployment Report & Debt Woes

    Los Angeles, CA – A disappointing unemployment report and continued non-productive debt talks amongst congressional parties have caused US stock markets to plummet in the opening days of the new US fiscal year. On July 7th, the US Bureau of Labor reported that unemployment rose to 9.2% in the month of June with only 18,000

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  • Portfolio Asset Losses Need Not Delay Retirement Plans

    Los Angeles, CA — According to ABC News, 77 million ‘Baby Boomers’ born between 1946 and 1964 have discovered to their dismay that they may not have enough in their retirement accounts to comfortably retire. Because of this, 44% have expressed that they have little or no faith that they will actually have enough money to retire. Of

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  • Gold Bullion Demand Up 11 Percent in Q1

    May 23, 2011, Los Angeles – Gold bullion prices rallied 1.16 percent or $17.30 to finish the week at $1,511.80 an ounce as the U.S. reached its $14.3 trillion federal spending limit last Monday with Congress no closer to an agreement on raising the borrowing cap. The price of silver lost 0.88 percent or $0.31

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  • Protecting Your Retirement Assets

    Los Angeles, CA — On April 30, the market price for gold was at $1,576.30. Today, on May 19th, it has dropped $83.20/ounce to $1,493.10. This is a familiar short-term dip and most experts agree that gold, silver and platinum will turn around shortly to reach new record highs. For investors who are wisely considering adding a

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  • Deutsch Bank Sees Gold at $2,000 in 8 Months

    Los Angeles – Gold bullion prices inched down just 40 cents to close the week at $1,494.50 an ounce while gold continued to consolidate. Silver slipped 0.65 percent or $0.23 to end the week at $35.37 an ounce, as the gold-silver ratio rose to 42.25 and silver underperformed gold for the week. Precious metals got

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  • Investors Use Pullback in Gold to Increase Holdings

    May, 9, 2011, Los Angeles – Gold bullion prices dipped 4.37 percent to $1,494.90 an ounce last week after the commodities sector saw its worst weekly slump since 2008, meanwhile, astute investors used the pullback in the gold price to boost their holdings of physical gold. The pullback in precious metals last week was not

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  • Fed Statement Sparks Gold and Silver Rally

    May, 2, 2011, Los Angeles – The price of gold rose 3.60 percent to a new weekly closing high of $1,563.20 an ounce following the statement of the Federal Reserve on Wednesday that interest rates would remain near-zero for an extended period. The price of silver gained 0.31 percent to finish the week at $47.89 an

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