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Peter Schiff on Fast Money Calls $2,000 Gold in 2009

Mr. Schiff was mocked for calling the market collapse before it happened, correctly predicted that gold would reach $1,000 in 2008 and recently schooled the CNBC crew at Fast Money as he predicts the market has much further to drop and gold will hit $2,000 in 2009. If you’ve been a subscriber to Gold [...]

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Gold Fetching $925 to $975 per Ounce on Ebay

24-Hour Gold has put together a nice page that tracks gold prices around the world and compares the spot price to the actual price being paid in the non-rigged free market (Ebay). As of today, Nov 21st, here are some of the most recent average completed auction prices for various gold forms. Keep in [...]

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China to Shift Reserves into Gold

Sure, I’ve heard this rumor several times in the past few years and nothing substantial has come of it. Will anything be different this time around?

One thing that could increase China’s willingness to diversify away from U.S. dollars and debt is the $5 trillion bailout tab that Washington has racked up in [...]

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