Gold Continues to Pull Back, but Has Positive Long Term Prospects Gold prices continued to show retreat this week. The stock market has been hitting “lifetime highs” for the past couple weeks with the Dow at nearly 20,000. The stock market experienced a sharp upswing after the election and has been hitting new highs every […]
Just Over 45 Years Ago the U.S. Left the Gold Standard – What Has Happened Since? We just passed the 45-year anniversary of fiat currency replacing gold. 45 years ago – August 15, 1971 – President Nixon declared the end of the United States’s decades long, gold backed monetary system and replaced it with the current […]
The Price vs. the Value of Gold… What is the Difference? The value of gold is measured beyond the daily spot price. Right now, as you read this post, the live spot price of gold is . You may have just calculated your gains or losses based on when you purchased your gold. While the price of […]