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Friday, April 29, 2011

U.S. to Trade Gold Reserves for Cash Through Cash4Gold

U.S. To Trade Gold Reserves For Cash Through

Gold hits another record.....again

I wonder how many times in the next few years I'll be posting that same title?

Probably a lot.

Thursday, April 28, 2011

Gold to $5000, hits record of $1534 on Bernanke comments today...

Peter Schiff of Euro Pacific Capital says gold going to $5000 in the next decade.

Gold hits new record of $1534 today after Chairman of the Fed Helicopter Ben had his historic first press conference. Let's see what he said...

Tuesday, April 19, 2011

98.6 oz California Gold Nugget Sells at Auction for $460,000

The Washington Nugget, named after the historic Sierra Gold Rush town in Nevada County where it was found. It was found last February using a pick on an unmined area of the Omega-Malakoff Tertiary Channel. At nearly 100 ounces it is the largest California gold nugget still in existence. The gold in this nugget would be worth $147k but since it has a historic significance and rarity it was valued at much more at auction. The bidding started at $250,000 and ended several minutes later to an anonymous bidder for $460k.

What do you predict the price of gold will be at the end of 2011?