Now you can grab some gold bullions while picking up your groceries, with London department store Harrods stocking them. Bars of gold seem a safer bet than stocks and shares for worried private investors.
Gold
Your dollars are just Monopoly money
Ultimately, your dollars are just bits of paper, says William Fleckenstein with no more intrinsic value than those in your Monopoly set. Gold, on the other hand…
Morning Market Report: Gold shines
The market is down 8, and the Dow closed down 30. But it’s not all doom and gloom, with gold up $22 and the Aussie dollar up to 83.39c.
Morning Market Report: Both gold and oil down
Wall Street closed down 48, after recovering from earlier falls, where it was down 108 at its worst. Both oil and gold were down.
The Dyer Index: the world in numbers, you know it makes cents
Glenn Dyer plays the numbers game on the different issues in the world markets, ranging from US bank failures to demand for gold and Krispy Kreme saviours.
Strike gold post-recession: buy bullions and fries
The only way for the US economy to survive is to let it work in a Darwinian ‘Survival of the Fittest’, culling non-profitable businesses. The two recession busting fittest stocks? Gold and McDonald’s.
Gold to go!
In uncertain financial times, investors seek refuge in gold. Thomas Geissler has seized on this, inventing a vending machine that dispenses tiny nuggets of gold.
China to set the gold standard
China hold huge sway over the US dollar, but news from the Middle Kingdom is that they plan to break the dollar’s grip on world currency by diversifying into gold and making it the new global de facto currency.
Morning Market Report
The highs and lows of the markets…
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Gold plunges — what is going on here?
Gold is supposed to be at its most attractive when times are miserable, inflation is running hot, there’s fighting in the streets (as we have seen in Georgia), and yet it’s a damp squib, writes Glenn Dyer.
