Investments
Why Gold Is Up And How High Can It Go?
Gold has retraced from its November high of $1,516, but it is still up more than 18% year-to-date. The important element to note here is that the price is still trading well above the $1,500 mark—a critical level that gives hope to bulls. Gold Price Neglects Equity Markets Strength Despite the new record highs of…
Read MoreOpinion: Gold isn’t necessarily an investment — it’s life insurance
Physical gold is an important asset when the world goes haywire I have always secretly wanted to work at a precious metals bullion dealer. I love gold GC00, +0.59%. And silver and platinum. I love them philosophically, and I also just like shiny rocks. But if you think about it, trading metals is a really weird business.…
Read MoreHead of the world’s largest hedge fund says a ‘paradigm shift’ in markets now makes gold a good bet
Gold finishes at fresh six-year high Wednesday as Bridgewater’s Ray Dalio declared the commodity a good ‘portfolio diversifier’ Ray Dalio is jumping on the gold bandwagon. That’s ultimately the take-away of a nearly 7,000-word screed by the founder of Bridgewater Associates posted Wednesday on LinkedIn. The hedge-fund luminary muses on monetary policy and the markets over…
Read MoreGold prices could reach $2,000 by the end of the year, strategist says
By Stella Soon/CNBC Gold prices are set to “reach $2,000 by the end of the year,” predicts David Roche, president and global strategist at London-based Independent Strategy. Roche recommends investors hold gold in their portfolios, alongside some European fixed income and U.S. Treasurys. Gold prices can continue to climb even after they hit a multi-year…
Read MoreScarred by the Great Recession, Americans are already preparing for the next economic storm
‘Consumers that think the economy is weak will spend less and business owners that think the economy is weak won’t hire more people’ Americans’ view of the strong U.S. economy appear to be increasingly heretical. One-third of people have cut their spending over the last year, new research released Monday found. Of those, 5% said…
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