Free the US Mint! (December 10, 2009) Don’t look back, the poet once said. But today, when our US Mint seems unable to cope with demand for gold bullion coins, perhaps it should simply re-acquire the skills it exercised at the turn of the century 1899-1900.
Click for full story
Gold on a Roll, 2009 (November 24, 2009) Gold soared into record price territory again this week, trading above $1100 per ounce for its eighth straight day, and confounding its doubters with a determined refusal to back down, even against a somewhat stronger dollar.
Click for full story
Impending Eagles Shortages? (November 8, 2009) As gold prices cross the $1100 mark, and make new record highs, demand for both gold and silver bullion are strong. However, the US Mint has already struck its last 2009 silver Eagle, and possibly, the last gold Eagle that it will release this year.
Click for full story
Gold prices just completed a full month October 2009 (November 2, 2009) trading above the $1,000 mark for the first time in history, and on Monday, November 2nd, gold’s PM London fix of $1,062 was an all-time high in dollar terms.
Click for full story
"Confiscation" talk in the gold business is the bogeyman that
refuses to die.(October 12, 2009)
Dire predictions abound that The Powers That Be (always
capitalized, naturally) will, inevitably, some day, come to
seize John and Jane Q Public’s pile of the shiny stuff.
Click for full story
Good News from the US Mint! (October 6, 2009)
The US Mint announced today that there will be production of
2009-dated Buffalo 1-ounce .9999 gold bullion coins, as well as
fractional gold Eagles for 2009. However, the red-hot demand for
gold and silver bullion means that some collector series coins
will not be produced this year.
Click for full story
On Tuesday September 8, gold traded above $1,000 for the
first time in over a year.
While US equities hit new highs for 2009, at the same time
that US Treasuries strengthened in price. As they say, go
figure.
Click for full story
We present here the Executive Summary of the World Gold
Council’s report on gold off-take and supply for the period
April-June 2009.(August 31, 2009)
Click for full story
Summer Notes from All Over (July 8, 2009) Gold
prices are softening, and many buyers are making vacation plans
or have already escaped to work-free havens. This might be the
perfect time to ramble down the yellow brick road…
Click for full story
Lies, Damned Lies, and Statistics (May 11, 2009)
Our promised follow-up on mistruths about gold collector
coins. The hobby of coin collecting, a once-leisurely pastime,
has been hijacked by opportunistic marketers who use fear and
lies to hard-sell numismatic coins to people who only want to
buy gold.
Click for full story
Buying gold or starting a hobby ?(May 3, 2009)
September of 2008 began a genuine gold rush as many private
citizens and money managers have chosen the traditional refuge
in times of political, economic, and fiscal uncertainty – the
purchase and custody of gold in tradable bullion forms.
Click for full story
Gold Action in Seasonal Slowdown (April 11, 2009)
Traditionally, a national pause occurs in the gold business
in the weeks preceding the 15th April. In preparation for this
least holy of days, US citizens are busy contemplating his or
her personal finances as they prepare to render unto Uncle Sam
Caesar his due.
Click for full story
Putting some Pop into that Dirty Old Gold (March 21, 2009)
Gold prices reasserted themselves with a vengeance this week,
soaring some $80 in 24 hours with the announcement on Wednesday
that yet another trillion or so of our dollars were being
created to benefit large suffering corporate entities in a
further act of unrequited charity on our behalf.
Click for full story
March, Into the Future (March 5, 2009) After a short lull in January, gold
bullion coin and bar demand has soared once again on a
near-daily onslaught of news reports about our Recent Economic
Unpleasantness, proposed and actual multi-trillion dollar
solutions, and a general sense of mistrust of every investment
haven under the sun. Worldwide, physical gold rules.
Click for full story
Valentine Notes from All Over (February 14th, 2009 –
Valentines Day)
By now, I wouldn’t be shocked if you hadn’t yet received a box
of chocolates, flowers, or a gift of a night on the town. It is
unfortunate, but sometimes, often at the wrong times, you just
have to be patient and wait for what you want.
Click for full story
January Notes from All Over (January 27, 2009, The Year of
the Ox)
Taking stock of this New Year, we find a global situation of
reduced economic circumstances, in which the flow of world trade
has slowed, and remedies such as bailouts and rescues are focus
of the day. Is this the Gloomer’s time
Click for full story
Tim Geithner – Please Read This (January 5, 2009)
2008 was a terrible year for most every financial asset, but
gold’s return of 4.31% beat most of the alternatives.
Unfortunately, 2008’s unprecedented surge in bullion demand was
not met with adequate supply for the average US investor.
Click for full story |