Tag: billionaire

23 Jan
gold coins stack

Sam Zell is Buying Gold

Sam Zell, realestate billionaire, is buying gold for the first time in his life. It’s enough to make us sit up and take notice.  Sam Zell is a real estate billionaire many times over.  His Wikipedia entry repeatedly uses the word “largest” to describe Zell’s accomplishments.   His company, Equity Group Investments, Wikipedia tells us, […]

06 May
Bandaged Ben

Fed Leaves Interest Rates Unchanged; Inflation Expectations Increasing

Gold Battled Headwinds Early in the week gold struggled against a rising dollar index. It managed to hold just above $1,300. Some muted geopolitical fears after North and South Korean peace talks continued to put the brakes on gold as well. There was also some sell-off, which pushed prices down further. On Wednesday though, gold prices […]