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Gold at Fort Knox?

Gold at Fort Knox?

Why has the Trump & Elon going toFort Knox for an audit of our gold seem to have dropped out of the news?

A hypothetical audit of Fort Knox revealing that only half the gold was present would send shockwaves through the global economy, leading to a cascade of significant and largely negative effects. Here’s a breakdown of what would likely happen: (more…)

By Bob711, ago

Fort Knox Gold?

Fort Knox Gold?

The last time a full, physical audit was conducted of the gold reserves at Fort Knox was in 1953. This audit involved a physical verification of the gold shortly after President Eisenhower took office.

Since then, there have been limited inspections, but none constituted a comprehensive audit:

(more…)

By Bob711, ago

Spot Gold Biggest Intraday Jump in Five Years

Spot Gold Biggest Intraday Jump in Five Years

Spot Gold Biggest Intraday Jump in Five Years

Large natural gold nugget

The spot gold price rose as much as 3.8% to as high as $3.095.13 an ounce Wednesday, the biggest intraday increase since March 2020!

“Gold is currently the ultimate safe haven as worries about US fiscal stability continues to rise,” said Ole Hansen, head of commodity strategy at Saxo Bank AS. (more…)

By Bob711, ago

Gold Above $3,000

Gold Above $3,000

The spot price of gold has surpassed $3,000 per troy ounce for the first time today, reaching approximately $3,002.15, driven by investors seeking a safe-haven asset.

Gold above $3,000 - gold bars

gold bars

As gold moves up to new records, Wall Street analysts have rushed to raise their price targets, with the latest call from Macquarie Group predicting the precious metal will touch $3,500 in the third quarter. (more…)

By Bob711, ago

Gold Price 2025

Gold Price 2025

Gold prices are rising, up 8.5% year to date, fueled by tariff uncertainty and increased purchases by central banks and investors.

gold price 2025

gold price 2025

People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, Plus, it’s relative scarcity compared to other commodities. (more…)

By Bob711, ago

Gold Price Predictions 2025 by Experts

Gold Price Predictions 2025 by Experts

Although the precious metal’s rally stalled following Donald Trump’s White House victory in November, gold still closed out the year with a gain of over 27%, beating the S&P 500’s gain of more than 23%.

Gold Price Predictions 2025 by Experts - gold bars

gold bars

Today, gold futures jumped more than 1% to hover above $2,670 an ounce, their highest level since mid-December!

(more…)

By Bob711, ago

Hidden Arizona Gold Mine

Hidden Arizona Gold Mine – Lost Dutchman Gold Mine

Using a 200-year-old map created by a dying man, they are on a quest to locate a hidden fortune worth over $200 million buried in the Arizona Mountains. 

Explore the treacherous Superstition Mountain region, seeking physical evidence of this legendary gold mine. Will this exploration reveal the truth behind these ancient maps and the elusive gold mines of Arizona? Discover the secrets of the gold mine mystery in this thrilling video, (more…)

By Bob711, ago

Arizona Gold Prospector

Arizona Gold Prospector

E.C. Thoroman, a passionate gold mine prospector from the 1950s.

This captivating gold mining documentary takes you on a journey through Arizona’s historic placer gold fields, where the spirit of gold hunting still thrives. Join us in looking for gold across Arizona’s diverse landscape, from Big Bug Creek to the legendary Lost Dutchman Mine.  (more…)

By Bob711, ago

Spot Gold Price High?

Spot Gold Price High?

Just today, the Feb gold futures were up over $35 per once!

With the latest increases in the spot price of gold. Is it possible for a new record high before year end?

gold spot price

gold spot price

 

Given the recent surge in gold prices and the potential for continued market volatility, it’s definitely possible that gold could reach a new record high before the end of the year.

However, it’s important to remember that predicting market movements is inherently uncertain. (more…)

By Bob711, ago

Investing in Gold

Investing in Gold

Investing in Gold - Gold Gold Bars - Standard Restoration Act,

In 2024, both gold and the S&P 500 have experienced significant growth, with gold slightly outperforming the S&P 500.

As of early November 2024, gold has seen a year-to-date increase of around 17-18%, while the S&P 500 has gained approximately 17-18%.

(more…)

By Bob711, ago

Costco gold bar sales

Costco gold bar sales

Costco gold bar sales - Ways to Spot FAKE Gold Bars

Not only are large Banks and individual countries stocking up on gold, but since Costco has been offering 1oz. gold bar sales, the General Public has been making this one of the hottest sellers at the Costco warehouse chain. (more…)

By Bob711, ago

Gold Spot Price at $3,000?

Gold Spot Price at $3,000

Well, even though the spot price of gold made a new all-time high price today, it’s still far from $3,000 an ounce!

Gold Spot Price at $3,000 - gold bars

gold bars

But with the momentum that we’ve seen just in the last month or so, there is a possibility that gold could hit $3,000 an ounce by the end of the year! (more…)

By Bob711, ago