Trading Of Over The Counter Gold And Silver To Be Illegal Beginning July 15
Submitted by Tyler Durden on 06/18/2011 13:23 -0400 One small step toward Executive Order 6102 part 2, and one giant leap for corruptcongressmankind. From: FOREX.com <info@forex.com> Date: Fri, Jun 17, 2011 at 6:11 PM Subject: Important Account Notice Re: Metals Trading To: xxx Important Account Notice Re: Metals Trading We wanted to make you aware of some upcoming changes to FOREX.com’s product offering. As a result of the Dodd-Frank Act enacted by US Congress, a new regulation prohibiting US residents from trading over the counter precious metals, including gold and silver, will go into effect on Friday, July 15, 2011. In conjunction with this new ...
Gold Investing: A Hedge Against Inflation
Gold Investing: A Hedge Against Inflation Author: Matt Chang Gold Investment is an old age tactic of putting your money into something that you feel will increase in value over time. It is a liquid and tangible investment. There are so many motives behind gold investment. Some invest in the hope of future increment in the value, some because they love the yellow metal, some other for price speculation and so on. Gold is slightly more risky than bonds, so you should be careful to pay attention to this. However, as a long term investing strategy, gold has steadily increased in value over ...
Getting Started Investing in Gold Bullion
For thousands of years Gold has been used as currency and been a highly prized precious metal.Gold has always been a favoured investment to hedge your portfolio against inflation. Gold prices in the international gold market can remain fairly stable through times of instability, recession and currency fluctuations. The ways of investing in gold can be via purchasing physical gold bullion in the form of gold bars or gold rounds, minted gold coins. Gold shares in gold mining companies are also available and various types of gold funds or mutuals that are managed by professional investors. Holding at least a small percentage ...
Advice For Those Interested In Investing In Gold
Advice For Those Interested In Investing In Gold By Jack Wogan The deterioration of the international economic status and the sharp reduction of rates at a global level have determined the shift of gold placement, which seems to become in times of crisis the safest savings instrument. On the other hand, it must be said that the domestic price increase is directly related to the evolution of the U.S. dollar, the reference currency on the international market. Investing in gold is a profitable idea. The general state of global economy pushes more and more businessmen and ordinary citizens to the land of investment ...
GOLD NEWS: Weekly Market Update for the week ending 20th January 2012
Gold breaks through technical resistance, signals turn bullish. Increased buying from India, together with a better investment environment overall, sparked further increases in the price of gold this week. Physical cash gold ended the week at $1665.90, an increase of 1.7% on last week’s closing level and a close above last week’s high of $1662. Greece’s renewed efforts to find a settlement... [Read more]
GOLD NEWS: Weekly Update – Market Review Week Ending 13th January 2012
Gold Continues New Year Rally as US Economy Turns Mixed Gold continued its New Year rally, though dipping from the week’s highs of around $1662 set on Thursday to close the week at $1638.70, a rise of 1.4% on the week. The gold price struggled to make headway on Monday and Tuesday, as early season company reports in the United States seemed to point to a better corporate climate and a meeting... [Read more]
GOLD NEWS: WEEKLY MARKET UPDATE, WEEK ENDING 6TH JANUARY 2012
Gold Rallies as European Economy Weakens Moving into the New Year, and investors hoping for a turnaround in the fortunes of the gold price, and some positives on the gold news front were not disappointed. Gold closed at $1616, moving toward the $1632 level that many market watchers see as key to signalling a lasting sea change for the gold price. Reviewing economic figures released in the Eurozone,... [Read more]
Gold News: Monthly Review December 2011
Gold Weakens to halve Yearly Gain Precious metals eroded most of any gains made through 2012 in December, as values were dominated by news from Europe and downward pressure was exaggerated by a lack of buying from India (as highlighted in this blog last week) December reasonably positively, as European leaders spoke bullishly of the possibility of a new debt relief package and a new treaty for the... [Read more]
GOLD NEWS – WEEKLY MARKET UPDATE WEEK ENDING 23 DECEMBER 2011
A quiet week, full of news, ends with gold subdued Trading volumes were thin through the week as the year draws to a close. Price volatility saw the price of gold bounce from recent lows to as high as $1640, before retreating to $1606 by Friday. The week’s initial rise was provoked by the death of North Korea’s leader, Kim Jong Il, and concerns over the political stability of the region moving... [Read more]