More Recent Posts - Page 234

2013 Demand for Gold Strengthens in Second Quarter

Calm down everybody. Those scary days, less than two months ago, when the gold price briefly dipped below $1,200.00 per ounce, are over. The laws of supply and demand have taken over and... Read More »

U.S. Treasury Department Ran $98 Billion Deficit in July–But Debt Remained The Same

According to cnsnews.com, the U.S. Treasury Department’s Financial Management Service (FMS), is reporting in its Monthly Treasury Statement, that the federal government ran a deficit of $98 billion in the month of July.... Read More »

Federal Reserve Anticipates Rise in Inflation

It is widely known that the value of gold seems to have an inverse relationship to the value of the U.S. dollar and a lot of experts recommend the metal as a hedge... Read More »

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Gold Continues To Rally

Gold prices continued to drop last week, and early this week, despite last Wednesday’s announcement by the Federal Reserve that they would continue their bond buying program and Friday’s less-than-stellar jobs report (both... Read More »

Gold Waiting on Federal Reserve Policy Meeting

Gold prices dropped slightly today (going as low as $1,317 an ounce) as investors wait for Wednesday’s Federal Reserve Policy meeting and the U.S. jobs report that comes out Friday. Aurum Options Strategies... Read More »

What is it about Gold?

Financial news has been flooded with stories about the price of gold. In the fall of 2011 gold prices peaked at almost $1,900 an ounce and held in this area until October 2012.... Read More »