Gold Down, Oil Down, Unemployment Down: Things are getting better

By | February 22, 2013

Gold prices have taken a swoon recently. No surprises why. The economy is beginning to show signs of life: housing is improving, unemployment seems to be falling slowly, commodities are coming off their highest prices, and things seem to be beginning to happen in Washington. There’s still some way to go on many issues, including the QE we’ve been seeing, and interest rates are L-O-W! So things are not rosy just yet.

But with stocks showing some resilience, and some rotation away from other sectors, it’s quite likely that gold prices will remain under pressure. Could this present a nice opportunity for buying more gold? Well, why not? And if you buy numismatics, from companies like, you’ll find that they make an interesting hobby, too!