Admin

You are browsing the archives of Admin.

Banking on gold

Banking on gold

Four years ago, fearful of a property crash, David and Maureen Somers sold their house and bought gold. It’s a tactic suddenly popular with those seeking a safe haven for their money.
As safe as houses. This piece of perceived wisdom no longer seems quite so wise as property prices fall and stocks stutter.
But there is [...]

Gold Prices and the Banking Crisis

Gold Prices and the Banking Crisis

Taking a look at how the banking crisis is unfolding and positively affecting the price of gold.
Last week the world received confirmation of just how dire the US and global banking crisis really is.  Whilst the problem stems from the US and any really effective solutions have to be initiated by the US as well, [...]

Crisis taking the shine out of luxury

Crisis taking the shine out of luxury

Chanel fashion’s decision to call off a prestigious but costly global art show is the latest sign that even the shine of the luxury industry is beginning to wear thin due to the crisis.
While big profits are still on the cards for the luxury sector in the months ahead, global sales are down, prices stagnating, [...]

Gold jewelry continues to shine as purse strings tighten

Gold jewelry continues to shine as purse strings tighten

Gold jewelry is one of the top three most popular items for women’s discretionary spending in the U.S. according to World Gold Council’s (WGC) 2008 survey, What Women Want: Global Discretionary Spending Report, conducted by independent research firm, GfK, among 1,068 American women aged 16 to 65. The study was also run in the key [...]

Is gold a good investment?

Is gold a good investment?

Confidence in traditional investment vehicles such pensions and equities has seen better days and many investors are still licking their wounds after the dotcom crash that has overshadowed investment markets since beginning of the decade.
On the build up towards the dotcom meltdown over-confidence was epidemic amongst investors as they scrambled to put all their [...]

Tutankhamun gold on display in Atlanta

Tutankhamun gold on display in Atlanta

Gold from the tomb of Egyptian pharaoh Tutankhamun has gone on show in Atlanta, Georgia.
Discovered in 1922 by English archaeologist Howard Carter, the tomb of Tutankhamun (1341 BC-1323 BC) was full of treasure.
Tutankhamun: The Golden King and the Great Pharaohs runs at the Atlanta Civic Centre until May 25th 2009, having originally debuted in London [...]

Investors Flee to Gold after Fear Driven Wall Street Sell Off

Investors Flee to Gold after Fear Driven Wall Street Sell Off

Gold is reaching new highs following a fear driven sell off on the world’s stock markets, analysts predict gold could go higher
Bailout plans, Leninist style nationalisation and billion upon billion of tax payers’ money have so far failed to gain any investor confidence in the markets.  Wall Street’s massive sell off on Thursday night [...]