Gold had a range of $10 on Friday, closing down slightly in the middle of that range at a bid of $1,181.30. Silver has been acting weaker than gold the last 30 days, 6.34% lower while gold is down 2.78%. The last year silver is down 18.28% while gold is lower by 7.21%. This is not what investors in gold and …
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23
2014
Which Has Been Better since 1975, Gold or Savings at Bank?
By: Doug Eberhardt
Category: Gold
Tags: bank, Bonds, debt, Deflation, Dollar, Draghi, EURO, fed, Gold, Interest rates, Real Estate, savings, Stocks, Treasuries, Yellen, YEN
With banks paying very little interest these days, investors have been seeking out ways to earn more than the paltry less than 1/2 percent that banks are paying on savings. The Federal Reserve has kept interest rates artificially low, hurting those seniors and other savers who don’t trust the stock or bond market with their nest egg. But some of …
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