Gold versus Bitcoins

Monday, April 29, 2013
What are Bitcoins and where do the come from? Bitcoins have finally emerged into the mainstream in recent weeks, largely on the back of the Cyprus debacle where many bank depositors lost vast amounts of their savings following the effective bankruptcy of Cyprus' second largest bank Laiki bank.. As a result the value of Bitcoins has risen 4 fold in the past month alone - an astonishing ri... More...

Precious Metals Top The Tables

Wednesday, March 30, 2011
According to recent news in the Guardian, "Precious metals were the top performing investment for the second consecutive year during 2010 with their value soaring by 42%, according to Loyds TSB. The bank says they have topped the tables in four out of the last five years. Their value has surged by 365% during the pat 10 years, nearly double the next best-performing asset during the same p... More...

Gold performance

Wednesday, January 05, 2011
Investors in gold have enjoyed a successful year. In the Guardian list of the best and worst investments of 2010, Gold comes out on top. Other notable triumphs of 2010 included the Sri Lanka stock market, the Buenos Aires Bourse and the Thai exchange. Ultimately anything with “gold” in its title did well. Describing how gold was top of investments for 2010, the article cites over 2... More...

Gold Advances as Dollar Retreats

Tuesday, December 21, 2010
Gold is climbing in London and New York. A dollar decline could boost a record demand in investment through exchange-traded products, reports Bloomberg. For the first time in three sessions the US dollar has fallen. Gold bullion investment usually moves inversely to the dollar as investors seek and alternative to fiat currencies. Gold assets in ETPs rose to a record 2,114.6 metric tons yesterd... More...

China’s Gold Rush

Wednesday, December 15, 2010
The Financial Times reports today on a gold rush in China and describes gold as one of the country’s hottest commodities. Chinese investors are worried about inflation and the trend is to buy gold. The gold market and domestic gold prices used to be controlled by the state, however today gold bullion investment is popular and the price has risen 5.1 per cent from one year ago. Other f... More...

Gold and Precious Metals Will Lead Commodity Returns in 2011

Wednesday, December 15, 2010
Goldman Sachs estimates that gold will reach $1,690 (£1078 approximately) an ounce by 2012 and that precious metals will lead commodity returns next year. Goldman Sachs also predicted that livestock would be the worst performing commodity. Precious metals including gold bullion are predicted to rise by 28 per cent over the next 12 months, whereas livestock would only rise 4 per cent. ... More...

Gold Gains in London as Weaker Dollar Boosts Investor Demand

Tuesday, December 14, 2010
Bloomberg reports that gold bullion gained for a second day in London thanks to a weaker dollar. The weaker dollar boosts investment demand in gold bullion as an alternative currency. There is speculation that the US Federal Reserve will invest more than the $600 billion announced, into debt purchases, which lead to the dollar falling to a three week low against the euro. Gold reached a record... More...