Monday morning did not open very well for the stock market. The Dow Jones International Average is having its worst day since December 2008 as it crashed around 2,000 points. S&P 500 opened already down 7%, halting trade for 15 minutes as selling pressure triggered a circuit breaker. This is […]
New Gold Price Predictions from Goldman Sachs Good news for those who are disappointed about the recent drop in gold prices – Goldman Sachs, the well-known multinational investment bank, recently provided updated forecasts for gold prices for the coming months. The financial services company predicts that gold will rise to […]
Paul Jones Wants You to Buy Gold Many investors struggle with the eternal question: “When Should I buy?” and Paul Tudor Jones II, the founder of Tudor Investment Corporation, says the time is now. Jones is also a founder of The Robin Hood Foundation, which helps struggling New Yorkers with their […]
The declines in gold and silver this week fit in-line with our expectation that the rallies since August were due to correct. Further declines are expected over the months ahead. However, just as gold did not advance in a straight line over the past six months. Neither will it decline […]
Gold and silver have both been strong recently – can the gold to silver ratio break lower? For the week ended Friday, January 4, gold finished higher by $4 or 0.3% to close at $1,285 as of the final trade on the New York COMEX futures exchange. Meanwhile, silver finished […]
