For five millennia, gold has stood for money and maintained its purchasing power over time. Gold, above all else, is an accepted standard of value that seldom depreciates. In fact, an ounce of gold has maintained the approximate same value since pax romana.
An ounce of gold has always been able to purchase fine set of clothes. If you look at what an ounce of gold bought 100 years ago, it bought a nice set of clothes. Today $880 -- the current price of an ounce of gold -- still buys a fine set of clothes.
Given the volatile market, gold and its consistency in value is a reassuring investment. Gold is in about the fifth inning of a bullish cycle. The good news is that the gold market hasn't reached its full appreciation. You still have time to catch some upside and insulate your net worth. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
77.05
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UP
30.69
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UP
4.98
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UP
6.87
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DOWN
0.38
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10 Yr
3.28%
SPDR Gold
116.62
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+0.29%
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+0.45%
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+0.32%
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-1.15%
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Data delayed 20 minutes |


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