Gold, Silver & Platinum 2009 First Quarter Performance
With the first quarter at an end, let’s take a look at the performance of gold, silver, and platinum so far this year.
When putting the numbers together, I knew what to expect, but its still surprising to see where the final numbers landed. Gold, silver, and platinum’s performance relative to one another has basically been [...]
Did Platinum Just Break Out?
After falling below the $900 level in late October, Platinum spent more than two months trading in a relatively tight range between $780 and $900.
In the final days of 2008, Platinum pushed above $900 and now stands at $946. This recent move looks bullish to me.
Chart courtesy of stockcharts.com
2008 Gold, Platinum & Silver Performance
As trillions of dollars in equity values were vaporized this year, a strong November and December performance pushed gold into positive territory by year end. Gold’s annual gain was 4.32%. This marks gold’s eighth consecutive annual gain. The “lost decade” for stocks, has been quite the opposite for gold. Silver and platinum were less fortunate, [...]
Two Milestones for Gold
In the past week, gold quietly marked two important milestones.
First, as of Monday the price of gold is now showing a gain for the year. The closing price of gold on December 31, 2007 was $833.75. The price of gold today is $854.60. That makes gold up 2.5% for the year to date. If gold [...]
Can the US Mint Handle Demand for the Ultra High Relief Gold Double Eagle?
For much of the year, the United States Mint has been touting the upcoming recreation of what they have called the “nation’s most beautiful coin.” Augustus Saint Gaudens’ design for the Ultra High Relief Gold Double Eagle will be recreated as a one ounce 24 karat gold coin available for sale to the public.
The Mint’s [...]
