News & Events
December 17, 2008
Sustainable Economic Growth Forever
Sustainable Economic Growth Forever December 16, 2008 – In an unprecedented move never before seen in its 95-year history, the Federal Reserve set prime lending rates at 0.25%. You can rest easy knowing that the government is going to make everything perfect for the rest of your life, your teeth will whiten, your stamina will […]
December 16, 2008
Heading Towards Zero
Heading Towards Zero December 15, 2008 – Gold bullion spot price continues upwards at 10:30 EST, currently at $835.40 and almost completely on par with platinum trading at $838.00 or just $2.60 above the gold spot. This trend could continue with gold spot price surpassing platinum within the year. With a major cut back […]
December 12, 2008
America, Save Us!
America, Save Us! December 12, 2008 – Rescue plans are the talk of the day as the United States auto industry prepares for its much-needed assistance from the US Treasury until Congress can find a long-term solution. The big three are certainly not happy that their companies are in great danger and with President-elect Obama […]
December 12, 2008
Say Goodbye To Another 4 Trillion
Say Goodbye to Another 4 Trillion Gold has been making some strong strides in the last three trading sessions bringing the COMEX spot price to $818.16. The certified gold coin market, in common-date widely traded coinage has increased between 3.7% and 5.9% in the same three days of upswings, and the sustainability looks promising on […]
December 11, 2008
The Rain Keeps Coming
The Rain Keeps Coming December 10, 2008 – The gold price is at $812.20 per ounce and there was another nice jump today that continued into the after hours as well. Silver is shining for holders of the metal, with the spot price at $10.24, up another nickel in afterhours trading. Huge gains of 5.2% […]
December 10, 2008
Not So Jolly!
Not So Jolly! December 9, 2008 – 11:00PM EST: Gold rests at $780.60, up three dollars in after-hours trading. We saw a ten-dollar gain today in the gold bullion market and not much of a better stride for the PCGS certified gold coin market. Platinum jumped $21.00 for the day and looks flat in after-hours […]
December 09, 2008
What Happened To Reality?
What Happened To Reality? December 8th, 2008 – As a result of more planned government spending the DJIA sits at 8,934.02, an increase of 3.46% for the session. Are investors really sitting around and rejoicing because we plan to pile more on top of our already staggering deficit? Counting Medicare & Social Security liabilities due […]