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The Metals: Today's Prices
Gold $798.80 /oz Negative $-0.50
Silver $0.1233 /oz Negative $-0.0062
Copper $3.10 /lb Negative $-0.17
Aluminum $1.21 /lb Negative $-0.02

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"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."

-- The Constitution of the United States of America, Article 1 Section 10
Archives

August 2007 Archives

Gold Investing - 2007-08-29
Much like the dot-com meltdown earlier this decade, the money disappearing never really existed in the first place, but was merely the novel creation of a bunch of fraternity brats who smirk at the tenets of classical economics.

Canadian Venture Exchange - 2007-08-27
Recently, an associate sent me a chart of the TSX Venture Composite's performance, and it wasn't the one above. It was a one-month chart, which, if you look at the last inch of chart on the right, above, is certainly not a pretty sight.

Profit From Folly - 2007-08-24
How many times has history taught that the most successful investors eschew the herd mentality in favor of some original thinking?

Buying Gold Bullion - 2007-08-22
Recent financial shockwaves to markets in the United States and around the world have caused investors to once again look to gold for protection of their wealth.

Gold Jewelry Sales Hit All-Time Record Despite High Gold Prices - 2007-08-20
Since the beginning of the year, gold prices have stagnantly bounced back and forth in a 50-dollar channel between $640 and $690 per ounce. Despite this relatively uneventful and sobering price, gold averaged 6% higher during 2Q 2007.

Global Markets Drop - 2007-08-16
In an attempt to raise monies, big financial houses are selling stocks across the board to cover losing positions stemming from this credit derivative risk.

Investing in Precious Metals and Gold - 2007-08-14
Sixty years ago, it was believed that cigarette smoking was actually good for your health, and a whole generation of people bought that proposition hook, line and sinker. Later, as the truth was uncovered in the late 1960s about tobacco, many who believed in this falsehood had to suffer the horrible consequences that develop from years of smoking.

International Banking and Finance - 2007-08-08
This week, Italy announced that it would utilize its gold reserves to help alleviate its national debt, currently running at 107 percent of Gross National Product, or the entire productivity of the country.



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