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: Market Update Week Ending 23rd March 2012
Gold rises at end of week despite negative sentiment Gold closed the week at $ 1661.30, a fraction better than last week’s closing level of $1659.30. Though global economic news came in mixed this week, with the United States mixed, though more positive than elsewhere, sentiment seemed to turn against gold with the yellow metal hitting a ten-week low of $1628 on Thursday before recovering to post... [Read more]
Gold News: Weekly Market Update for Week ending 16th March 2012
Gold Falls to Lows as Focus turns to Equities Gold closed the week at a multi week low of $1659.30, down more than 3% on the week.. Economic news throughout the week was generally good in the United States, meaning that investor focus has once more turned to equities. Indeed, America’s major equity indices rose by around 2.5%, recording three and four year highs, with the Nasdaq recovering to... [Read more]
GOLD NEWS: Weekly Market Review, Week Ending 9th March 2012
Gold Bounces from Technical Support and Consolidates Gold closes the week almost unchanged from last week’s close, at $1713.20. Gold was chased lower in the middle of the week as investment markets plunged with rumors that the Greek debt swap for private creditors had fallen apart. Such an event would have caused the country to miss deadlines for its $130 billion bailout funds, and sent the indebted... [Read more]
Gold News: Weekly Market Update Week Ending 2nd March 2012
Gold struggles to remain above $1700 Gold closes the week down 3.4% at $1711.80. Having spent the beginning of the week marking time, gold was hit hard on Wednesday as the US Fed Chairman, Bernanke, dampened speculation for further monetary easing. Elsewhere, mixed economic news should have proved the catalyst for further gains in the gold price. While the Greek bailout has been sealed, the EU awaits... [Read more]
Gold News: Monthly Review February 2012
Gold Consolidates above $1700 as Greece signs up to austerity and US growth continues With US economic news seen as more positive for stocks as the month opened, gold struggled to maintain its early year momentum, though doveish comments from the US Fed Chairman, Bernanke, sandwiching the trading month has helped sentiment for the medium term outlook for gold in a thin market. Bernanke has reiterated... [Read more]