Topic: Axel Merk

Why investors turn to gold amid debt-ceiling uncertainty

The price of gold went up $12.90 an ounce on Monday alone, closing at $1,614.40. But if the debt ceiling is raised, the gold price could come down over the short term.

Does Greece owe you? How the Greece crisis affects US money market funds

American exposure to the Greece crisis is high in certain areas. Half the assets in the 10 biggest money market funds are invested in European banks, which hold a lot of Greece's debt.

Gold prices off their highs. Time to jump in?

Gold prices tumbled 6 percent after hitting a new record in late April. Investors who sense trouble ahead expect gold prices to surge higher. But other precious metals are poised to rise if the recovery strengthens.

$1,506 an ounce: What's behind the rush on gold?

The price of gold has soared almost 32 percent in a year, making it the best of investments. The rise has been fueled by rock-bottom interest rates and inflation fears. Can the good times last?

Black Friday surprise: gold price could cause sticker shock

The gold price is hitting record highs almost every day, reaching $1,174 an ounce Tuesday morning. A gold chain that cost $300 five years ago could go for $900 on Black Friday.

Are investors in the US and abroad losing faith in the dollar?

US economy's gloom expected to begin lifting by late '09

Until then, employment, output, and housing prices will keep falling.