Fall Markets Get Spooked, Gold Investors Sleep Easy

It appears that Halloween is not the only thing spooking investors during the month of October. Global fear, a weak European Economy and low interest rates have sent markets on a roller coaster ride. For those who invest in physical gold, the ride has been much smoother. A Volatility buffet. Gold has performed as advertised for investors while markets have spiked and plummeted. During times of uncertainty and volatility, gold serves as a safe haven for investors and the last two weeks have certainly been... Continue Reading

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Wall Street’s 2014 Profits wiped out in one week

In a word…PAIN Wall Street has been rocked this week as it endured its 5th straight losing session.  In the last five days, the DOW has lost over 850 points.  Since their high’s in mid-September, the markets on Wall Street have seen an average loss of 9% and over $1.5 Trillion of value was wiped away. The Dow opened badly on Wednesday, and then things got worse as it plummeted 460 points in early morning trading before reclaiming some of the early losses and ended... Continue Reading

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What does the recent gold mining unrest mean for gold investors?

Last Wednesday, AngloGold Ashanti (JSE:ANG) (NYSE:AU) became the latest of  major gold mining companies to announce a major restructuring. Their shares dropped 16% in the wake of the announcing the need to raise $2.1 billion in a rights issue to spin its international assets into a new London-listed company. This move follows mining giant BHP Billiton’s (ASX:BHP) recent decision to split some of its less profitable assets into a new Australian-listed company. Fellow gold miner Gold Fields (NYSE, JSE:GFI) also split its South African assets... Continue Reading

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