In 1906, President Theodore Roosevelt asked his personal friend, famed sculptor Augustus Saint-Gaudens, to redesign the country’s coinage in the likeness of the coins of ancient Greece, the birthplace of democracy. Although in failing health, Saint-Gaudens rose to what would become his last challenge, producing a stunning design that many consider to be the most [...]
Continue reading → There’s hundreds of coins to choose from when investing in gold, so which one do you choose? It depends on your investment objectives. First determine the type of investor you are: Investor or Collector. Susan Headley, a writer for About.com suggests to investors, “If your main purpose is to buy gold bullion as an investment, [...]
Continue reading → In 1997, the Tax Payer Relief Act made it possible for precious metals to be added to Individual Retirement Accounts (IRA), which included silver, platinum and gold. As with all gold investors, IRA account holders put gold in IRAs as a way to achieve diversification of funds, hedge against inflation, and other financial crisis. As [...]
Continue reading → Reno, Nevada — A U.S. District Judge today ruled in favor of Barrick Gold Corp. [[ABX]] by declined to grant an injunction regarding the Bureau of Land Management’s recent approval of Barrick’s Cortez Hills Project in Lander County, Nevada. District Judge Larry Hicks’ ruling followed four days of testimony and oral argument after two activist [...]
Continue reading → Some have asked “Should I invest in gold coins or the gold ETF?” This largely depends on the type of investor and the size of investor you are. It’s the difference between a technical investor or a fundamental investor that will decide the Gold ETF or gold coins. It’s also the difference between the investor [...]
Continue reading → Denver, Colorado — Newmont Mining Corporation [[NEM]] announced today that it will acquire the remaining interest in the Boddington project in Western Australia from a subsidiary of AngloGold Ashanti Ltd. Newmont will own 100% of the Boddington project, which is the largest gold project in Australia, and Newmont’s proven and probable gold reserves at Boddington [...]
Continue reading → Denver, Colorado — Newmont Mining Corporation [[NEM]] announced 2008 equity gold sales of approximately 5.2 million ounces at costs applicable to sales of $440 per ounce. With the start-up of the Boddington project in Australia in mid 2009, the Company expects continued operating performance improvements in 2009, with an equity gold sales outlook of between [...]
Continue reading → John March, chief technical analyst for the Superior Gold Group, says gold will double in 2009 as Fed Chairman Ben Bernanke keeps printing money.
Continue reading → The cost of the gold coin depends on several factors including, what coin you’re looking at, the demand of the coin, and the quality. However, regardless of the type of coin, the most important price for gold coins depends on the price of gold. Most coins will be 5% to as low as a few [...]
Continue reading → Whether you’re looking for protection against devalued currency or looking for the best diversification, look to gold bullion coins as the premier choice for all investors. And here’s why: Easy Start-up. starting your gold portfolio using gold bullion coins just might be the easiest investment there is. Unlike many bullion bars, gold bullion coins can [...]
Continue reading →