The Swiss Bank surprise has investors rushing into Gold

| January 15, 2015

While watching the stock market decline and gold prices rise this week (Swiss franc against the euro decoupling) and listening to economists suggest deflation is likely, it is becoming clear that the slowdown overseas will be impacting earning for large cap companies and international funds. The U.S. economy seems to be holding up, but pension […]

Gold bugs take another hit closing below $1200 an ounce

| December 19, 2013

Gold dropped to a six-month low on Thursday selling off as the Federal Reserve’s pulled back in the U.S. monetary stimulus.  It closed down 2% to $1,196.31/ounce which is the lowest since June 2013. Give credit or blame the Fed which took its first step in winding down the easy money policies which helped to […]

How long will the dollar be worth a dollar?

| September 27, 2012

After three rounds of Federal Reserve quantitative easing and the pumping money into the system, the economy remains depressed and there is growing concern over eventual inflation. The buying power of the U.S. dollar is noticeably weaker for those with stagnate earnings — most of middle-class America. Who knows when government inaction on trade, deficits, […]

Is the economy heading down again or is it just panic selling?

| August 8, 2011

Double dip or not? That is the question investors are facing, especially if they are holding stocks and bonds. After lunch today the markets are still seeing heavy selling … panic selling perhaps … after the S&P downgrade this weekend. Realistically though, companies and even banks are much stronger than they were back in 2008 […]

Jitters over unrest in the Arab world sends stocks tumbling

| February 23, 2011

The stock market was down on Tuesday in its biggest drop in 2011. The unrest in the Middle East and North Africa sent oil prices soaring while those buying considered gold or precious metals with the recent news from Libya. The Dow Jones Industrial Average tumbled 178.46 points, or 1.4%, to 12212.79, the Standard & […]

Follow up on using GoldStash.com to sell old jewelry

| December 19, 2010

In a previous post I mentioned that Brenda and I were going to try selling a few pieces of broken gold jewelry, some tarnished silver and a few odd ‘lost and found’ type items that we knew we wouldn’t wear. Sure I could have taken them to a local gold buyer, but since the conservative […]

Cashing in some old jewelry with gold at an all time high

| November 18, 2010

Although I’m not rushing to melt down my wedding band just yet, the impressive decade long run-up in gold prices does have me thinking about cashing in. Maybe I can convince my wife to send in a few of those rarely worn gifts to goldstash.com. (If it’s good enough for the conservative financial radio guy […]

The yellow metal is at a record high and climbing

| May 12, 2010

Gold, the investment that rises when risk becomes too great has reached its highest level trading up on Tuesday and continuing to push record areas on Wednesday morning. The $1240 per ounce price has investor’s worried about markets and inflationary pressures. The stock market is opening higher today renewing a bit more confidence that the […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.