The Best Way to Buy Gold » ingots

Outlook for Gold

bullion — Thu, 11 Feb 2010 19:59:42 +0000

Gold Fields CEO Nick Holland lays out his prediction of Gold. He presents a very interesting insight.

What’s Up With Those Gold Bears?

bullion — Sun, 10 Jan 2010 04:59:13 +0000

An interesting article on the outlook for gold prices in the next few years that was published by gold-eagle.com counters the arguments made by the gold bears out there.

Here is a quick summary of the pro-gold argument:

Central Banks are now buying gold
Easy to find gold has already been mined
The Population has increased 53% since the last “gold rush” in 1980
The majority of the population increase has ocurred in India and China and these people love to own gold
Mining costs are increasing
Red tape and bureaucracy slow down the opening of new mines
Greenlight hedge fund went from owning GLD (a gold ETF) to owning physical gold
Currency concerns point to gold good investment
Politicians are making a lot of mistakes

Even if you are not as sure about the future of gold. I believe that is a solid prudent investment that everyone should make. Even as a hedge that gives you peace of mind. Buying gold can be justified on several levels.

Check out the full original article.

Dollar Gold Relationship Highlighted Again

bullion — Mon, 26 Oct 2009 23:39:33 +0000

The Dollar’s rise today has resulted in Gold falling to under $1040 an ounce. This trend was seen across all the precious metals and indeed commodities a whole. The question remains how much is the dollar going to recover it’s losses that have taken place over the last three weeks. A balanced and moderate view needs to be taken when deciding the best time to buy more gold. If prices decline further it may well present a great opportunity to buy. Remember, Gold is still trading over $1,000 an ounce. That’s still very impressive.