Topic: Axel Merk
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.
07/25/2011 06:14 pm
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.
06/28/2011 08:21 pm
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.
05/09/2011 02:16 pm
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?
04/21/2011 06:30 pm
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.
11/24/2009 12:00 am
05/22/2009 01:00 am
Until then, employment, output, and housing prices will keep falling.
12/29/2008 12:00 am