Investing in Gold
Investing in Gold
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%.
Costco gold bar sales
Costco gold bar sales
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…)
Gold Price Appreciation
Gold Price Appreciation
Even with an afternoon consolidation, both the Futures gold price and silver price hit new highs today!
The Silver futures spot price briefly hit $34 per ounce, the highest level in 12 years before paring gains. (more…)
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!
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…)
Gold at New High Price
Gold at New High Price
As I’m writing this the futures spot price of gold just broke through an all-time high. Currently, the gold spot price is over $2,700 per ounce!
BRICS Currency Announced!
BRICS Currency Announced! – Is it Gold Backed?
There has been speculation and rumors of this currency for some time, and one major theory is that it would be backed by a basket of commodities including gold.
However, the Kremlin recently announced they have almost completed a digital currency based on blockchain technology. (more…)
Gold Price at another NEW HIGH
Gold Price at another NEW HIGH
Yes, if you’ve been reading my past post you know that it was just a few days ago, in my prior post I said that gold had said a new record high price, that was at that time $2,349.10.
Well today, gold said another new high price, and is now at $2,367.20 it was up $16.20 on today’s session.
Many people have been wondering why gold is all of a sudden on a major move up. Well, for anybody keeping up with the latest news, the reason should be quite clear. It seems gold always moves up in times of crisis, economic instability and naturally a falling dollar. Today, unfortunately we’re seeing all of these occur, and these are the reasons that gold is gone to new highs. (more…)
The consensus for the value of gold
The consensus for the value of gold
The consensus on the value of gold is a bit mixed right now (March 30th, 2024).
As of yesterday, March 28th, 2024, the spot price of gold was around $2,234.10 per troy ounce. (more…)
Is Precious Metals Investing Dead?
Is Precious Metals Investing Dead?
Central Banks and GOLD
Central Banks and GOLD
Many central banks all around the world own gold. In fact, since the late 90s, central banks around the world have been net buyers of gold.
That wasn’t true before that. Coincidentally, that is also when the gold price bottomed ended that long bear market and began a massive, epic bull-market leading into a bubble in the late 2000s. (more…)
Gold or Bitcoin?
Gold or Bitcoin
Just a few days ago I published a post and a chart showing that this week the spot gold price hit its lowest level in the last 2 years.
I found this amazing when one considers all the turmoil in the world especially in Ukraine and Taiwan. If you’d like to see that post here’s the link:
https://california-gold-rush-miner.us/gold-price-3/ (more…)
Spot Gold Price 2022
Spot Gold Price 2022
So, how will the spot price of gold do next year? Gold price in 2022? Will gold’s price go up? Will spot gold go down? Let’s see one gold investors educated guesses.
The creator of this video buys gold and other assets on a dollar cost average schedule and then buys more as price and interest allow. His primary focus is about buying gold coins. He does talk a little about cryptocurrency, mining stocks and other equities as well. (more…)
Jim Rogers | Scary Prediction!!
Jim Rogers | Scary Prediction!!
In our videos, we talk about the economic collapse and the market crash that has taken over the world. We point out the situation on the real estate and stock market and the value of the US dollar. On the Life Success Story channel, you will learn about the work of Central Banks, the US Federal Reserve, and measures taken by the Government.
Speakers such as Robert Kiyosaki, Ray Dalio, Jim Rogers, and Peter Schiff teach you about the billionaire mindset and point out the importance of financial education. (more…)