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 [...]
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
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
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 [...]
Could Gold Sell for Two Thousand Dollars an Ounce?
We have been relatively vociferous of late about the state of the British economy, the state of the British government and the overall feelings of negativity and depression that are rising in the UK. Please forgive us for we are not normally politically motivated, but we have been reacting to the strong sentiment we’re hearing [...]
Follow The Central Banks – Make Safe With Gold
Central Banks have shown signs of edging away from the dollar as their primary reserve asset and are beginning embrace gold as a more genuine “safe” reserve asset.
Sales of gold by European central banks are now much lower than forecast and this is expected to continue for the next year. Despite a Central Bank Gold [...]
Afghan gold treasure on show in San Francisco
Gold jewellery and ornaments from Afghanistan are currently on display at the Asian Art Museum in San Francisco.
The Afghanistan: Hidden Treasures from the National Museum, Kabul exhibition, which runs until January 26th 2009, has been curated by Fredrik Hiebert, archaeologist for the National Geographic Society.
A collection of some 22,000 gold items was discovered by Russian [...]