More Recent Posts - Page 232

Rare 1880 Gold Coin Could Sell for $1.5 Million

Today, September 23, the auction house Bonhams in Los Angeles, CA, will be offering 27 valuable gold coins, among them a very rare $4 gold coin known as the Coiled Hair Stella. This... Read More »

Demand for Physical Gold Soars in China and India

After gold prices plummeted to a 34-month low in June, they rose again in late August and early September. India, traditionally the world’s leading gold buyer, has temporarily imposed a tax on gold... Read More »

How Debt May Kill the Dollar

On Tuesday, Congressional budget analysts issued a new warning about the long-term U.S. budget outlook. According to MarketWatch, the Congressional Budget Office (CBO) said that the U.S. national debt is now 73% of... Read More »

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Gold Prices Jump As Fed Postpones Tapering

Gold prices increased by almost 3% today as the Federal Reserve announced that it would postpone the tapering of its billion-dollar bond-buying program. Gold is currently at $1,346 an ounce and climbing as... Read More »

Former Treasury Secretary Warns of Another Financial Crisis

In an interview with the German finance newspaper Handelsblatt, former Secretary of the Treasury Hank Paulson expressed his concern that there will be another financial “firestorm” in the near future. Paulson names several... Read More »

HSBC Predicts Strong Long-Term Gold Demand

This week, HSBC Global Research raised its gold price forecast for the rest of 2013 and sites the demand for physical gold as the main driver. Earlier in the year, HSBC forecasted gold... Read More »