Archive for February 27th, 2009

Gagosian Gallery seeks gold frozen in Stanford case
Forbes, NY
In January, Gagosian bought 100 1-kg (2.2-lb) gold bars, from Stanford Coins & Bullion, a subsidiary of another Stanford company. The parties agreed the money would be wired to Stanford Coins and then transferred to the Dillon Gage Group, an unrelated

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Owning Gold: Will Executive Order 6102 be revived
Todays Financial News, MD
The last time this happened was under the “other” FDR: Executive Order 6102 was signed on April 5, 1933 by US President Franklin D. Roosevelt “forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates.” It required all persons to

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WalletPop
Cramer Warns on Gold Scams
WalletPop, VA
Buying new gold is a lot like buying a new car. The value goes down when you take it out of the store parking lot. Buy direct from Uncle Sam. Buy from eBay (Stock Quote: EBAY) if you like, or from a reputable dealer, but it’s best to buy gold coins

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Sunil Kewalramani: Is gold in a structural bull market?
Business Standard, India
The WGC’s data confirmed earlier reports from traders about widespread shortages of coins and exceptional buying interest. Investment inflows into gold exchange traded funds (ETFs) reached 94.7 tonnes in the fourth quarter, up 18 per cent on the same
Money Supply and Purchasing Power Gold Seek
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Don’t invest in gold jewellery. Invest in coins & ETFs
Commodity Online, India
In fact, many jewellery owners now come out with advertisements urging people to invest in gold jewellery. According to experts in the field, no investor should buy gold jewellery for investment purpose. Investors have better options like gold coins,

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