The Gold Economy

If you are in the market for some gold coins, check out how to buy gold coins online. Buying gold coins online can give you a much wider marketplace for the more rarer coins, as well as a easier price comparison of the various coins you come across. If you decide to buy online, there are two basic methods for going about the buying process, one involves auctioneer sites, the other involves speciality stores.

If you decide to utilize auctioneer sites to help you buy gold coins online, be sure to check the legitimacy of the site and the… Continue reading

Comex Gold (GC)

Gold rebounded further to as high as 1133.3 last week but subsequent sharp fall dampened the bullish view and mixed up the outlook. We’ll stay neutral for the moment and wait for confirmation on whether rise from 1044.5 is finished. On the downside, break of 1097.3 will complete a head and should top reversal pattern (ls: 1131.5, h: 1145.8, rs: 1133.3) and will suggest that rise from 1044.5 is completed. This will also argue that whole correction from 1227.5 is still in progress. In such case, deeper fall should be seen to retest 1044.5 low first… Continue reading

There are many different variables that can affect gold prices on a daily basis. Some of the most important ones being the strength of the US dollar and investor’s sentiment with mainstream assets like real estate, stocks or bonds. History has proven over and over again that when the dollar and paper-backed assets flounder, the price of gold thrives because investors will flock to the metal in order to protect their hard-earned wealth from great losses. Continue reading