Article 1
Biblical records show that gold and silver are the first and oldest form of money, the only money that has not failed, and
a source of notable value for over 5000 years!
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Article 2
Gold is often seen as a stock market hedge, a form of insurance to buy when equities fall. That's because a lump of physical
bullion is so unlike a share of a productive business. Gold cannot lie about its earnings (it doesn't have any) or go broke.
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Article 3
Goldman Sachs analysts increased their 12-month gold-price forecast. The global investment firm sees gold prices pushing
to $1,450 an ounce next year. They are bullish on gold as they see emerging-market currencies outperforming the U.S. dollar
though 2018.
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Article 4
They each gave their input on how high the yellow metal could go in the coming years, with some gold experts giving estimates
of up to $10,000 per ounce — much higher than the current price of about $1,325. Morgan said gold could rise as high as $10,000
in the future, explaining that the outlook has a historical basis.
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Article 5
Gold has already broken above its six-year trend line, going all the way back to those 2011 highs. Of course, we always have
to wait for an actual break of this key resistance level before we can declare anything. Still, investors should consider
that any meaningful break above $1,375 would confirm that the multiyear downtrend has reversed.
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Article 6
The first driver was certainly the U.S. dollar, whose index rose dramatically by nearly 150 basis points from trough to peak.
But the second gold price catalyst was the U.S. 10-year Treasury hitting the 3% yield level, something it hasn't done since
2014.
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