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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, posting
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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 hang onto
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
US Mint Makes Drastic Cuts to Collector Gold & Platinum Coin Offerings
Today the United States Mint announced some sweeping cuts to the number of products that they will offer to coin collectors. The deepest cuts take place in the US Mint's offerings of collectible versions of gold and platinum bullion coins. Most people know about the US Mint's bullion coin offerings.