Account
How ugly has the gold market gotten? So ugly that even goldbugs are completely dazed and confused. Here's just a brief summary of their hilarious views over the past few months:Gold's Uptrend is Still Intact: Peter Schiff - Yahoo! Daily Ticker (Dec.6, 2012) Gold at $5,000 and beyond: Peter Schiff sticks to his call - MarketWatch (Feb.13, 2013) James Turk ups his $8,000 an ounce peak gold price forecast to $11,000 - Arabian Money (Jan. 6, 2013) Gold Bets: John Paulson Loses $1 Billion - Hedge Co. (May 6, 2013)Should it really surprise us the gold experts have been so badly wrong about the direction of bullion prices?The fact is they ignore every important technical and fundamental data point that contradicts their bullish views. Plus they have a heavily vested interest in being bullish on gold (NYSEARCA:GLD) and silver (NYSEARCA:SLV) because it's good for their businesses. Schiff and Turk both have large marketing enterprises that sell physical bullion to the public. Paulson rakes in he...
This post is by staff writer Sarah Gilbert.“You need 75 more cents!” the woman at our favorite burger joint, Little Big Burger, said brightly after I sent my 9-year-...
A lot of businesses want to attract "old money."Ford is no exception – only it's more interested in the shredded-up variety than in the kind that belongs to a fancy ...
Precious metals have been relatively quiet this week. After posting its best weekly gain in two months, gold is trading slightly lower at about $1,650 per ounce. Mea...
When world economies shiver and shake, gold prospers.Gold bullion coins, which sell in the millions weekly, easily tap into gold's rise. American Eagle and Canadian ...
In an effort to shore up its broken financial system, the European Central Bank recently completed a second round of its long-term refinancing operation. Around 800...
Former U . S . Mint Director Ed Moy and Haverford CIO Hank Smith debate whether investors should add gold to their portfolios.
Currency Wars: The Making of the Next Global Crisis is a national bestseller that discusses the serious financial threats facing the U.S. dollar. Readers will disco...
After having a strong week, gold and silver prices are pulling back today, as several developments weigh on the markets. JP Morgan provided a wake up call to rallyi...
The final months of 2011 were unkind to gold and silver. Both precious metals started to decline sharply in September. In the last four months of the year, gold fel...
The U.S. Mint is suspending its production of presidential dollar coins for circulation, Vice President Joe Biden announced Tuesday, a move expected to save the gove...
Looking for havens other than gold and silver?Lesser-known precious metals, such as palladium and platinum, may be just the ticket. They are rare metals that have so...
Up, up and up. That appears to be the direction of U.S. gold futures, which hit a record high of $1,910 per ounce in mid-August on the New York Commodity Exchange, o...
Demand for physical coins and bars continued to prop up gold futures Friday, though at a slower pace than earlier in the week as the market's rebound from two-year l...
On Thursday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, jumped $38.30 to close at $1,462.00 per ounce, while silver ( NYSEARCA:SLV ) ...
The U.S. Mint said it has suspended sales of its one-tenth ounce American Eagle gold bullion coins as surging demand after bullion's plunge to two-year lows depleted...
On Friday, gold ( NYSEARCA:GLD ) futures for February delivery, the most active contract, decreased $3.80 to settle at $1,687 per ounce, while silver ( NYSEARCA:SLV ...
As the debate over whether the U.S. government should increase its borrowing capacity reaches a fever pitch, we offer a cheat sheet for readers to better understand ...
Edmund Moy, former U . S . Mint director, on how concerns over the fiscal cliff have sent investors flocking to gold.
Gold prices rallied 3 percent on Friday and were on track to end June with their first monthly rise in five as a deal to shore up banks and cut borrowing costs at a ...
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2013 FOX News Network, LLC. All rights reserved.