All Posts Tagged Tag: ‘Gold’

Giant Gold Nugget Found And Now To Be Sold: Should Finder Have Kept It?

A man found a giant gold nugget in the mountainous region of Butte County, North California. The lucky individual who happened across the six pound treasure has gone to great lengths to conceal both his identity and the location of the find. While this movie is typical of treasure seekers who luck out, it seems no one has ever stopped …

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Gold Prices: Hong Kong To The Rescue?

Much of the recent fluctuation in gold prices was blamed on the improving American economy. The changing economic landscape in the United States is considered key for determining the long-term market value of the precious metal As such, gold suffered a drop in value as the US dollar strengthened; there is also the expectation that interest rates are due to …

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Silver Prices Lead To Surprising Show Of Optimism

Silver prices fell to the lowest they’d ever been on Monday. While this may at first seem a discouraging sign, the word is that what will follow is a massive opportunity to buy. As of right now silver is trading at around $17.70 per ounce. For comparison’s sake, gold is currently valued at roughly $1,220 per ounce. Such an astronomical …

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Gold Prices Could Plummet As Dollar Strengthens

Next week promises to be a very stressful time for those keeping tabs on world currencies, especially for Western observers. The sterling pound is already fluctuating ahead of Scotland’s referendum, which could decide if the country will leave the United Kingdom. Eyes are also on the American dollar. The US currency is expected to strengthen as interest rates go up. …

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Treasure Hunting Family Strikes Gold in Florida

The Schmitt family, who made national news over Labor Day weekend in 2013 after salvaging 60 feet of gold chain off the coast of Fort Pierce, Florida, has struck gold again. On Memorial Day of this year, Eric Schmitt recovered a 300-year-old solid gold religious artifact at the same underwater site. The square-shaped piece functioned as the back portion of …

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Drought Gold Rush Brings Prospectors to California

“A mine is a hole in the ground with a liar standing next to it, down which you throw money.” – attributed to Mark Twain The San Bernadino Sun reports that one of the worst droughts in California history, one that is forecast to bring dangerous wildfires this summer, has had another surprising effect in the Sierra Nevada mountains near …

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USA Takes First Ever Gold in Ice Dancing

The USA gains another gold medal, and our first in ice dancing. Graceful pair Meryl Davis and Charlie White wowed the crowd with a cheerful “My Fair Lady” performance in the short program on Sunday, then another spectacular performance to “Scheherazade” in Monday’s free skate portion of the competition. The pair went on to nail the long program with a …

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Gold iPhone Proves Profitable for Apple

Apple has really run into a golden opportunity when it comes to their latest selection of colors for the iPhone 5S, with their gold colored option being, by far, the most popular choice for consumers. Perhaps Apple has cracked the code; perhaps consumers have all along been pining for nothing more than the irresistible glimmer of gold when it comes …

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There Are Only Five Of These Gold HTC Ones In The World

Smartphones used to be a status symbol, but now everybody owns one thanks to subsidies and ever decreasing prices. Apple brought back some of the allure with a gold iPhone 5S last month, but it was only gold in color. Now HTC is one upping the guys at Cupertino with a phone made out of real gold. HTC announced today …

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Gold Recovery? What Does This Mean For Business?

Gold has had a resurgence recently. This comes as good news for investors and people that follow the market closely. As of today, gold is on track for its biggest weekly gain in five weeks. Several analysts are saying that the precious metal that we once used to pay for everything may have good times ahead. The Federal Reserve also …

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Family Finds Gold off Florida Coast

While hunting for treasure might sound like a job more suited for Captain Jack Sparrow, a family in Florida found quite the haul while looking for gold off the coast of Fort Pierce over the weekend. According to the Sun Sentinel, The Schmitt family found gold coins and gold chains that have an estimated value of more than $300,000. The …

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Indian Rupee Up In Faltering Economy

Thursday witnessed a strengthening in the Indian rupee, up to 66.85 per dollar from a record low of 68.85 per dollar on Wednesday. The rupee lost almost a fifth of its value in 2013. So what’s a rupee to do? Indian Prime Minister Manmohan Singh offered to publicly address the situation Friday in a release on his site today. Singh …

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