Tag: gold investing

Weekly Gold Market Review Shows Bullish Developments

Weekly Gold Market Review Shows Bullish Developments

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,224.06 up $36.68 per ounce (3.00%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 3.88%. The U.S. Trade-Weighted Dollar Index lost 1.61% for the week.

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Weekly Gold Market Review With 4 Amazing Charts

Weekly Gold Market Review With 4 Amazing Charts

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,188.38 up $9.79 per ounce (0.83%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 1.54%. The U.S. Trade-Weighted Dollar Index lost 0.54% for the week.

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Gold Prices In 2020?

Gold Prices In 2020?

History and current actions justify the expectation that governments and central banks will increase debt, devalue fiat currencies, and thereby force gold and silver prices much higher. Convert digital dollars, yen, pounds, and euros into gold and silver while you can. Current “on sale” prices will not last much longer.

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Weekly Review For Gold Investors – March 27th

Weekly Review For Gold Investors – March 27th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,198.75 up $16.12 per ounce (1.36%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 1.82%. The U.S. Trade-Weighted Dollar Index lost 0.53% for the week.

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Weekly Review For Gold Investors – March 20th

Weekly Review For Gold Investors – March 20th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,183.16 up $24.61 per ounce (2.12%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 0.45%. The U.S. Trade-Weighted Dollar Index lost 2.40% for the week.

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You Cannot Eat Gold

You Cannot Eat Gold

The argument that one cannot eat, wear, or build with gold is often used as an attempt to show that gold has no value in-and-of itself. The anti-gold crowd often claims that if it were not for gold’s monetary use, which it has not had since 1971, at least not formally, gold would be useless with little or no value. What is left unmentioned is its growing use in a growing electronic device market. If gold has no value beyond its monetary use, why did it not become cheaper than gravel when its monetary use ended? This argument against gold is stupid and is intended to deceive.

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The Titanic Sinks At Dawn

The Titanic Sinks At Dawn

Lives were lost, paper stock certificates were gone, bonds did not survive, dollar bills were destroyed, but gold and silver endured the sinking of the Titanic over a century ago.

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Weekly Review For Gold Investors – March 13th

Weekly Review For Gold Investors – March 13th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,158.55 down $8.64 per ounce (-0.74%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 3.42%. The U.S. Trade-Weighted Dollar Index was up 2.63% for the week.

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Weekly Review For Gold Investors – March 6th

Weekly Review For Gold Investors – March 6th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,165.66 down $47.56 per ounce (-3.92%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 11.57%. The U.S. Trade-Weighted Dollar Index was up 2.47% for the week.

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Weekly Review For Gold Investors – February 27th

| February 28, 2015 | Category: Investing
Weekly Review For Gold Investors – February 27th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,212.90 up $10.95 per ounce (0.91%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 3.72%. The U.S. Trade-Weighted Dollar Index was up 1.07% for the week.

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Events Impacting Gold And Silver In The Week Of February 23d

| February 22, 2015 | Category: Price
Events Impacting Gold And Silver In The Week Of February 23d

For the week commencing February 23d, there are quite some economic data coming out. No central bank announcement is planned. Our expectation is that the GDP data in the U.S. on Friday can cause some volatility in COMEX gold and silver, hence influence the gold and silver price. The German and U.K. GDP, German and U.S. inflation index CPI, etc should not result in signficant gold or silver price changes, unless those data would be very shocking.

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Weekly Review For Gold Investors – February 20th

| February 21, 2015 | Category: Investing
Weekly Review For Gold Investors – February 20th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,202.85 down $26.58 per ounce (2.16%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 3.58%. The U.S. Trade-Weighted Dollar Index was up 0.41% for the week.

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Silver and Gold: Why Now?

| February 16, 2015 | Category: Investing
Silver and Gold:  Why Now?

In simple terms, government took real revenue, spent it, and then added more debt each year. Worse, the US owes compounding interest on the larger debt. Each year the US and many other governments pay interest on the loans (caused by deficit spending) from previous years. The total debt increases rapidly – far too rapidly to be repaid without massive inflation. Hence default via debt repudiation or devaluation of purchasing power is inevitable.

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Weekly Review For Gold Investors – February 13th

| February 15, 2015 | Category: Investing
Weekly Review For Gold Investors – February 13th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,229.53 down $4.39 per ounce (0.36%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 0.89%. The U.S. Trade-Weighted Dollar Index was 0.61% lower for the week. By far the most appealing fact of the past week was the long term buy signal that was produced on the monthly charts.

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