1 0 Tag Archives: gold quote
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What the Gold Quote Means for Your Investment

Many investors in recent years have been taking some of their money out of traditional investments such as stocks and bonds and instead used that money to buy gold. They’ve been doing this because the gold quote has recently gotten to a level that is the highest it has ever been. While it has worked out for some, there are still many others that have doubts about what is sometimes thought of as too good to be true investment.

 

Is it too good to be true? The answer is not so simple. There is no surefire way to make a lot of money fast, and if someone tells you that the current gold quote is going to continue to skyrocket, you should look at his or her motives. Are they trying to sell you gold? If so, you should stand back and take a look at the big picture. (more…)

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Gold Traders Keep Their Attention Fixed on the European Union Summit

As of December 7, 2011, one of the main issues on the table for gold investors is the suspense surrounding the outcome of the European Union summit. One day previous, both Germany and France made the commitment for financial integration. This decision could signify nascent movements back toward the purchasing of bonds, and the redoubling of investor confidence to take risks again, which is precisely what Europe requires in order to afloat, financially.

 

NASDAQ’s web publication notes that during the initial few weeks of the summit’s discussions of the future of the Euro, the stock market seemed unresponsive to the decisions. But now, suddenly, as Standard & Poor gave “negative credit” to six of the European Unions Triple-A credited countries, many investment ears turned to listen. Some critic’s argue that S&P is doing too little too late. Regardless of S&P’s behavior, all signs point to an ever-decreasing faith in the very concept of stocks and bonds that is forever, in and of itself, a self-fulfilling prophecy. (more…)