Read a number of posts earlier today about Gold prices and oil falling against a strengething dollar.

Two articles I found include one over at MarketWatch’s – Gold falls with oil as dollar turns higher, CFTC starts hearings and Bloomberg’s – Gold Drops Most in Three Weeks as Dollar Rebounds; Silver Falls. It’s definitely true, Gold has fallen somewhat, but we are of the opinion, that like any financial instrument that it goes through it’s ups and downs, but Gold tends to move in lockstep with the dollar, albeit in the opposite direction. And the dollar is not done with its downward spiral. The constant influx of money being pumped into the economy takes time to permeate every sector and be reflected in the value of the dollar. To highlight this one of the most interesting things the Market Watch article cited above had was a comment (the very first comment):

The spins just keep coming. Some of the pundits like that i**** Kudlow (and the other children at CNBC) are declaring the housing crisis has bottomed, the economy is on the mend and people are risk-taking and borrowing again. The WH, the Fed and the media want us to believe the worst is over…DON’T YOU BELIEVE IT!

A LOT of people are going to get hurt believing in fairy tales.

Although the market has made a great rebound, and some say will quickly hit 10,000. But, some media pundits are advocating that this rebound is simply a hedge, or balancing out of the value of the dollar. Remember, the United States’ underlying fundamentals, including the value of the dollar is very, very shaky. Stay safe!!!

Gold is hot right now (rightfully so!), and a question we often get asked is “How do I buy gold?”

Well before we begin to answer that question I want to highlight a few things about gold coins, gold bullion, gold bars (all of which we specialize in) as well as gold jewelry. Compared to other commodities such as other precious metals, organic materials, oil, etc. there is relatively little gold in the world. And, it is getting harder and harder to find gold and more and more expensive to dig further and further. The finite-ness (is that really a word? scarcity sounds better) as well as the physical beauty of gold lends itself to its value (both as an investment device as well as something to simply be admired and cherished). Despite the advent of new technologies to locate and mine gold, it continues to be one of the most precious, and amazing precious metals on Earth.

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