Money

Julian Assange Signs $1.7 Million Book Deal

December 28, 2010
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You have probably heard a lot about Julian Assange in the past year. You probably think that you know quite a good deal about him from all that you have heard, read and seen in the media. What you most likely don’t know, however, is his story from him personally. Well, we will soon...
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Posted in Business, Money, News, Politics, World | 6 Comments »

Gold Price above $1,385

November 30, 2010
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Gold Price above $1,385

The gold price is above $1,385 per ounce today. As of 1:07 pm the gold price was $1,387.40 per ounce. That is up $25 for the day. Market participants are flocking to gold during the last trading day of the month of November. The dollar looks stronger, but that is a false impression. The...
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Gold Price in Rally Mode, Trading Above $1,375

November 23, 2010
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Gold Price in Rally Mode, Trading Above $1,375

The price for gold was $1,375.09 per ounce at 10:17 am this morning. With $22.79 it’s up sharply from the opening. The reason for this seems to be that North Korea needs attention and is bombing South Korea. Gold loves conflicts. Whenever there is an uncertainty or a conflict, the gold price immediately starts...
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Gold Price Climbing Up Again

November 22, 2010
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Gold Price Climbing Up Again

The gold price on at 3:23 pm on November 22, 2010, was $1,364.12. That is up $11.82 from the opening price. The World Gold Council released it’s third quarter outlook a few days ago and reports, that in 2010 more gold will be used, compared to 2009. India and China are the two main...
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2010 Proof Silver Eagle Available from US Mint

November 19, 2010
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2010 Proof Silver Eagle Available from US Mint

Today at noon, the 2010 Proof Silver Eagle was made available on the US Mint web site. This collector’s version of the official United States Mint American Eagle Silver Bullion coin contains one ounce of .999 fine silver and is available for $45.95 plus a small shipping charge. The mint does expect the demand...
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Gold Price Up 1.74% for the Day

November 18, 2010
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Gold Price Up 1.74% for the Day

Gold was trading higher today. The price at 7:30pm was $1,360.02. That is an increase of 1.74% or $23.22 for the day. Now, that the most ridiculous IPO has been gobbled up by market, business can continue as usual. Dumb money has been milked to the tune of $20 billion and paid the tab...
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Gold Price Going Down Further

November 16, 2010
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Gold Price Going Down Further

During the early morning hours the price for gold showed continued weakness. As of 10:15 am, the price for gold was $1,351.34 per ounce. That means gold has lost about $17 today. Gold is currently trading about $58 below it’s most recent highest ever of $1,409.80 on November 8, 2010. While the gold price...
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Gold Price Slides Down to $1,365 per Ounce

November 15, 2010
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Gold Price Slides Down to $1,365 per Ounce

The price for gold was rather weak on Monday morning. During the day the yellow metal turned out to be even softer with prices as low as $1,365 per ounce. Kitco.com reports that the weaker price for gold was not only due to the stronger dollar, but there was also some predominant selling visible....
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Gold Price Falls Like a Rock

November 12, 2010
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Gold Price Falls Like a Rock

The gold price saw some major correction today. As of 2:20 pm the price for one ounce of gold was $1,365.11. That is down $37.99 for the day. The steep losses came overnight. Now gold is trading well below the $1,400 mark. It looks like many investors had implemented stop losses for their overnight...
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Gold Price Slowly Moving Up

November 11, 2010
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Gold Price Slowly Moving Up

The gold price slowly, but steadily advanced during the trading day. At 4:18 pm the gold price was $1408.66. That was up $9.56 from the opening price. The volatility of gold and many other precious metals has increased during the last couple of weeks. Investors are still mulling over the impact of the Fed’s...
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