Tag: Gold Prices
Gold Miners ETF In Trouble As Gold Prices Fall
Gold prices are below $1,100 per ounce. That’s a five-year low and right at the price from six years ago. Here’s what a chart of the round trip gold has taken over the last six years. Gold has lost much of its appeal as an investment. Its status as a store of wealth benefited from […]
He Lied Right To My Face!
The stock market has always had a seedy underbelly. Less than desirable characters are always trying to make a quick buck off the uneducated and inexperienced. Just look at Bernie Madoff or Jeff Skilling of Enron fame. Both these guys would steal candy from a baby if it could make them money. Some con men […]
Gold Prices Should Continue To Rise In 2008
2008 is off to quite a start. In the first 10 trading days the Dow has fallen more than 5%. The Nasdaq and S&P 500 haven’t fared much better. Gold, however, is up more than 6%. If gold were to continue increasing like this for the year it would be worth more than $2,200 per […]
