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Gold: Is $1000 an Ounce in the Offering?
Gold price has risen sharply in the past month, going up from $680 an ounce on September 5, to $741 on October 5. One of the reasons that pushed gold to 28-year high was the recent Fed rate cut and speculations that there will be one more reduction in federal funds rate before the year [...]
Gold Price Climbs Back to $700/Ounce
This stock market in the past month didn’t offer investors much of joy as major indexes gave back a big chunk of their gains after peaked later July. At the same time, gold has made a quite come back to close at a six-month high of $694 an ounce yesterday. It could go over $700 [...]
So How’s My American Buffalo Gold Coin Doing?
It has been more than a month since I bought one (and only one) American Buffalo gold coin from Bullion Direct. The coin was received about two weeks after the order was placed (the hold period that they require to clear the check and release the coin for shipment) in excellent shape. The price I [...]
Invest in Gold (II) — GoldMoney: Buy Gold and Use it as a Checking Account
This is the second part of the Invest in Gold series. In the first part, I compared several gold dealers, mainly from the angle of price (price of the gold, shipping fees, and insurance charges), and the direct outcome of that research was the purchase of a gold coin myself last week from Bullion Direct.
During [...]
Finally, I Bought an American Buffalo Gold Coin
I finally did today what I have long been considering doing: Buy gold. Today the waiting is officially over after I bought an one ounce American Buffalo gold coin from Bullion Direct, at the time when recent selling pressure has pushed the spot gold price from a nine-month high of $689 reached early this week [...]
