As the price of gold moved to it’s all-time high yesterday, people are wondering if now is the time to finally buy gold.
Read More0May
4
2010
Mar
31
2010
Buying Gold in YEN Now Making Sense
By: Doug Eberhardt
Category: Gold
Tags: buy gold, EURO, GDP, government debt as a % of gdp, Government Spending, japanese economy, YEN
Dec
12
2009
Gold Is Not Falling
By: Doug Eberhardt
Category: Gold
Tags: currency, Diversification, EURO, Federal Reserve, Gold, keynes, medium of exchange, U.S. Dollar, YEN
Recent purchasers of Gold are upset lately with the 8.5% drop in the U.S. Dollar price of gold this week. But what most of these buyers don’t understand is that gold stayed the same. It was what gold is priced in that changed.
That’s right. Gold is just a shiny rock as all the Gold naysayers like to say. It didn’t change in the last week. It’s still a shiny rock. But the U.S. Dollar appreciated of late thus causing the U.S. Dollar price of Gold to fall. To understand this further read on…
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