Posts filed under “Gold & Precious Metals”

Nightline: The Modern Gold Rush

The price of gold hit a record high. Should you invest?

Category: Gold & Precious Metals, Video

Annotated Gold Chart

Interesting chart forwarded to me by GW — I am not sure precisely what to make of this: > click for larger graph Source: Gold Daily

Category: Gold & Precious Metals, Think Tank

Gold matching record high

Using the generic futures contract on Bloomberg, gold is rallying to match its all time record high at $1,257ish. With very little industrial use and with zero yield, the only reason to own gold is for jewelry and as a currency and over the past few years, the investor demand for another currency outside of…Read More

Category: Gold & Precious Metals, MacroNotes, Think Tank

Who’s Got The Gold / Who’s Mining It ?

Ever wonder which countries have the biggest gold reserves? Which countries produced the most gold? Now, via Money Hacker, you know exactly who and how much: > click for ginormous oversized infographic Source: Money Hacker

Category: Gold & Precious Metals

Is Gold a Shadow Currency ?

My friend and hedge fund manager pal Paul Brodsky is quoted in the WSJ discussing Gold as a Currency. “Over the past 30 years, the correlation between the dollar and gold is minus-0.65—a high negative correlation. It means the dollar and gold are effectively on opposite ends of a seesaw. When the dollar is in…Read More

Category: Commodities, Currency, Gold & Precious Metals

I Love Gold

Hat tip Jesse

Category: Gold & Precious Metals, Humor, Video

Fools Gold: Inside the Glenn Beck Goldline Scheme

Goldline International is under investigation by the Santa Monica City Attorney’s office, jointly with the Los Angeles County District Attorney’s office, as well as being the subject of a separate investigation by Congress into the possible criminal practices. The firm has been the subject of an ABC Nightline News Exposé, as well as an investigation by NY Congressman Weiner).

Jess Bachman, who did several of the fantastic illustrations for Bailout Nation, turns his graphic expertise to the Glenn Beck/Goldline endorsement scheme:

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click for ginormous version

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FREE: add this infographic to your website!

Embeddable Graphic

600 Pixel Wide Version

 

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Category: Financial Press, Gold & Precious Metals, Legal, Television

ABC Nightline Investigation of Goldline

Category: Gold & Precious Metals, Video

Gold & ETFs

The Financial Times – Good as GLD: While it has now become possible to buy and sell gold with a few mouse clicks through funds like the $51bn SPDRS Gold Trust (GLD), now the world’s second-largest exchange-traded fund and sixth-largest owner of gold worldwide, old-fashioned ownership of bars, coins or stakes in mines has surged…Read More

Category: Gold & Precious Metals, Think Tank

Who Owns The World’s Gold

click for interactive graphic Via Mint

Category: Gold & Precious Metals, Weekend