Today’s existing home sales report was down another 4.9% to an annual rate of 4.82 million units, the lowest in nearly a year. And this, remember, is in the sixth year of a recovery with reported unemployment below 6% and the Fed preparing to raise interest rates to head off incipient overheating. The Market Oracle
Gold dropped to a seven-week low Wednesday, but then climbed in after-hours trade following the release of minutes from the Fed's last policy meeting. Gold for April delivery declined $8.40, or...
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Some of you may be aware that investment guru Harry Dent has publicly stated that gold will fall to 0-0. He specifically predicted: Around 0/ounce is a certainty in gold by 2015 to 2016, and 0 is a possibility well down the line by 2020â2023. His forecast is largely based on his belief that deflation […]
Two of the five 2013 First Spouse Gold Coins for collectors make their debut in November. The one-half ounce, 24-karat gold coins honoring Ida McKinley launched this past Thursday, November 14, 2013. Staring prices are $820 for the uncirculated coin and $840 for the proof coin. These price points can change weekly, and were set [click to continue…]