This past week we received the final 4th Quarter GDP number which came in at 0.39%. The total 4th Quarter growth was terrible, plain and simple. Based on the performance in the equity markets that we have seen thus far in the 1st Quarter of 2013 investors would expect strong GDP growth. However, the only thing spurring stock market growth is the constant humming of Ben Bernanke’s printing press.
Tag: Gold PricesSort
Gold Cycles Will Soon Forecast Where Prices Are Headed
It is important to know how much is gold worth, whether you intend to buy gold jewelry or invest in gold in the stock market. Gold is favored as an asset because it provides a significantly lower risk compared to other investment, and you can liquidate your gold very quickly. Here are some ways of knowing the value of gold.
Gold Prices at $1,800: You Ain't Seen Nothing Yet...
The International Monetary Fund reports that the United States is the largest holder of gold, with 8,133.5 tonnes. In yesterday's trading, gold prices topped $1,800 an ounce. Even though the price of gold ended a bit lower, let's use this nice round number to calculate the value of all that gold.
After a gold prices dropped from records high in the previous sessions, now gold prices in 2011 bounced back to a high again on Wednesday. This came about following the announcement by the Federal Reserve that the rates of interest would hang around zero for no less than two years and as fears over the euro zone and US debt tarried.
Gold Values Benefited from QE2, But What Are the Prospects Now?
Investment advisors and investors alike continue to be puzzled and amazed by the consistency of the appreciation trend for Gold prices over the past year or decade, depending on how far back one wishes to look. For those not familiar, Forex investing and is a universally accepted platform of foreign currency markets.??The return for the past twelve months has been roughly 35%.
Orofino Gold (ORFG), News Out! Current Reports Confirm Historical Analysis - PennyOmega.com
ORFG, Orofino Gold Corp., ORFG.PK
Orofino Gold Corp. (ORFG) is a Colombian based gold producer, founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise.
ORFG has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
By: Jared Levy, Editor, Smart Investing Daily
Mr. Zoellick said, "the system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values."
Gold could again become the standard in his eyes... but is this realistic?