| Some timeless
Some once timely
Some probably just time wasters
Wrapping the Present, and Our Year-end Schedule (December 16,
2007) If gold closes December 31st at $798 or higher, then we will
have seen a surge in gold prices versus the dollar of over 25%
in 2007. Gold's dollar price has now increased every year since
Year-End Bullion Product Report (December 1, 2007) Just as the gold market cools off a bit, and bargain-hunters
look to get their toes wet at lower price levels, we find a
conspiracy of factors in play that make physical gold bullion
products a little harder to find.
Gold Prices Explore New Levels (November 19, 2007) Gold traded into the long-forgotten $800
price level over the past week, and given the state of the
world, is it really any wonder? And judging from the virtual
absence of domestic press coverage of gold, does anyone in the
US even care?
Gold Set to Cost $700 for a While.
(October 5th, 2007) Gold’s fourth straight week of trading for
more than seven hundred US dollars is starting to look more like
a plateau rather than a price spike. Would a chartist call this
Gold Rallies, Rallies and Rallies Some More (September
28, 2007) Gold prices rose steadily in September,
trading above $700 for 16 straight days, and fixing in Friday’s
London afternoon market at a new 27-year high of $743, a gain of
some 12% for the month.
Gold Reaches 27-year High as the Dollar Retreats (September 21, 2007) Gold traded this afternoon in London markets at $737 per
ounce, its highest dollar price since February 1980. And as Ben
Bernanke makes his first dramatic move at the helm of the Fed,
Alan Greenspan released a book explaining his reign there.
Back to the Future, Part II (September 9, 2007) Gold took 16 months to reclaim its $700 price level, and
this week it did it with a bang, climbing some 4.6% versus the
dollar, posting higher prices each day. Amidst new demand from
India, China, and the Middle East, it closed Friday right on
that big round number.
A Little Treasure Story (August 28, 2007)
Credit Crunches, Foreclosures, and
Mosquitoes (August 9, 2007)
10 Acre Estate, 7 Safes, 45 Pounds of
Gold, and 14,500 Silver Dollars (July 16, 2007)
Final Ordering Deadline Fixed for
Australia’s Lunar Series I Gold Coins (June 20, 2007)
New Gold and Old Reasons (May 22, 2007) No doubt you have heard some of the
hype about the new five nines gold Maple. Quite a few media
outlets published pictures of the enormous 100-kilogram 99.999%
pure gold novelty coin which the Royal Canadian Mint produced to
publicize the new Maple. This car-tire sized gold coin with a
$1,000,000 face value provided a golden photo opportunity in the
Mint's successful campaign to draw attention to the new
limited-edition gold Maple Leaf bullion - a coin struck in gold
refined to an unprecedented .99999 fineness.
A Modern Silver Story ( May 10,2007) In 1965, the first blows of U.S. Mint
coining dies onto copper-nickel dime and quarter blanks
shattered a 170-year tradition of silver coins in everyday
American commerce. Days earlier, 1964-dated dimes had been
struck on silver blanks not much changed since 1796, but now
silver was disappearing…
The Dollar, Pounded and Scrambled
(April 21, 2007) For the first time in 26 years, it now takes two US dollars
to purchase one British pound as the dollar’s weakness continues
against most currencies, precious metals, and even a carton of
eggs, now up some 30% in dollars terms in a year's time.
Lunar Gold Series I to Close this
Summer (March 30, 2007) Now in its 12th and final year, the Lunar Series gold
bullion coins issued by the Perth Mint will cease production as
of this summer. This innovative and beautiful set of coins has
been a favorite of many, and Series II will launch this autumn
in a new format.
Exactly How Can Gold Be “Dirty?”
(February 27, 2007) A public relations campaign called “No Dirty Gold” is out to
help consumers avoid gold that has been party to any of the
evils of humankind. Anyone with a sense of history realizes that
not much aboveground gold is going to pass such a test...
Spending All the Gold in the World -
(February 5, 2007) President Bush presented to Congress today his proposed
budget of $2.9 trillion. Democrats, of course, objected to some
of the proposed entitlement cuts, while realists pointed out
that some of the budget’s assumptions are, well, unrealistic.
But we have another take altogether.
2007 Additions to the Gold Menagerie
(January 15th, 2007)In the worldwide zoo of gold bullion choices for 2007, the
Panda is stronger than ever, the Kangaroo finally makes a
striking impression, the Buffalo will return, the Pig completes
Lunar Series I, and so far the Cat is missing. And the
Krugerrand started it all.
If Gold Were a Hedge Fund, You Could
Brag About It (January 1, 2007) Gold closed 2006 at $635, up some 23.19% during 2006,
rounding out a five-year performance during which prices have
more than doubled since the beginning of 2002. The rich pay
hedge fund managers huge fees for such performance, but why