Economy

 End the Lie

Gold loses 3.7 percent for the week

Gold loses 3.7 percent for the week

By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie In the midst of all the up and down news that has passed through the wire over the last couple of weeks, gold has been able to stay relatively steady compared to other sectors, with only small price drops and small price gains. […]

 End the Lie

Gold steady as eurozone fears ease slightly

Gold steady as eurozone fears ease slightly

By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie Gold eased upwards slightly Thursday as fears surrounding the many issues in the eurozone eased a little bit. A weaker dollar also played a part in helping gold to spike up in price some. Overall the market for gold stayed fairly steady, as […]

 End the Lie

Gold price drops, is it ready for a comeback?

Gold price drops, is it ready for a comeback?

By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie While gold has been hovering around the same price point over the last couple of weeks, except for small price spikes up and down, the yellow metal may be poised for somewhat of a comeback. Good is down by over $40 today, but […]

 End the Lie

China is becoming a gold powerhouse

China is becoming a gold powerhouse

By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie Over the last year or so China has been quietly and independently buying gold, lots of gold. While many know that China has wanted to become a power player in the world of precious metals (particularly gold), not everyone knows what a powerhouse […]

 End the Lie

Expect gold bargain hunters to come back out after jobs report

Expect gold bargain hunters to come back out after jobs report

By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie Gold lost almost $20 today as a new jobs report hit the wire. Gold is a tricky metal. You would expect that the new jobs and unemployment data was bad, but it wasn’t. New data showed that less Americans were applying for unemployment […]

 End the Lie

Gold remains steady Monday

Gold remains steady Monday

By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie After spiking up some last Friday to head into the weekend strong, gold prices remained fairly static today (Monday), as the yellow metal looks to remain steady — or even climb some in price, heading into the first week of May 2012. Overall, […]

 End the Lie

Gold gains on weak dollar, Fed statement

Gold gains on weak dollar, Fed statement

By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie The Feds are starting to change their standpoint on more economic stimuli, as they are now saying that they are open to putting more money into the economy if they feel it needs it. This is a quick turn-around from just a few […]

 End the Lie

China dodging U.S. sanctions could be good news for gold

China dodging U.S. sanctions could be good news for gold

By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie Gold has been down of late, and even with the latest spikes in price the yellow metal is not sitting where most investors thought it would be at this point in 2012. However, the U.S has implemented some new financial sanctions, and with […]

 End the Lie

Increase in gold sales expected due to Indian gold buying festival

Increase in gold sales expected due to Indian gold buying festival

By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie Gold has recovered a little over the last week or so after falling in price over the weeks before. Now, a huge increase in gold sales is expected because the Indian gold buying festival that is going to take place today, April 24, […]