The case of the double-headed gold coins

It’s a case that combines history and mystery–and very valuable gold coins. The stakes were certainly high: One of these rare $20 pieces sold for a record $7.59 million in 2002. Here’s the story. A jury decided that a Philadelphia woman, Joan...

Behind scenes, Fed preps for worst in US debt fight

Reports emerged last night that the Federal Reserve is actively preparing for a government debt default. With negotiations over the debt ceiling still going nowhere, it’s clear that Fed Chairman Ben Bernanke and his fellow central bankers don’t want to be...

New Highs for Gold

As the dollar continues to shrink, silver and gold are moving up nicely. I believe they will rise for years to come. Gold has nearly doubled since early 2008 when it hit $850. As this is written, gold is over 1600, with silver just over $40! If you haven’t bought...

Fears about debt send gold price to record

NEW YORK (AP) — Gold’s reputation as a safe place for your money sent it above $1,600 for the first time. Investors are worried about debt problems on both sides of the Atlantic. So they bid gold up $12.30 an ounce Monday to settle at $1,602.40. That’s a...

Gold rallies past $1,600 amid economic fears

Gold rallies past $1,600 amid economic fears The metal hits record highs as investors worry about the persistent debt crisis in Europe and the potential for a default in the US. By TheStreet Staff on Mon, Jul 18, 2011 10:01 AM Gold prices reached record highs Monday...