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Tag Archives: gold
On Monday, gold prices hit a recent low of $1532.72, roughly 20% below this months high of $1923.70. Last week proved to be the most difficult so far this month for gold which was strange given that stocks also dropped … Continue reading
When S&P downgraded the rating on US treasury bonds recently, investors sought two safe havens from the perceived risk resulting from the downgrade. Ironically, the first safe haven was treausuries themselves and the second was gold. Of both asset classes, … Continue reading
Peter Schiff, love him or hate him, has a good video up reacting to Friday’s news. He sure feels vindicated. Is there any question as to the ratings trajectory of US government debt?