Investors would do well to accumulate physical gold and silver as alternatives to paper currency.

In a trading pattern that has become all too familiar, almost the minute the US session began on Comex today, the price of gold was sold down by almost $40 an ounce to trade at a five month low of around the $1600 an ounce.

It was not that long ago when Greece was the main concern of global investors, but already most of us have already forgotten about that on-going saga. Now, the global financial crisis has moved from Greece to Spain, with Italy waiting to join this elite club.

It seems that investors have shrugged off the latest developments around the world, in particular the Eurozone and are looking for direction from the US Federal Reserve.

Recently, I read an article about how Congo born, Dikembe Mutombo, an all-star NBA defender, was nicely scammed in a fake gold deal.

For more than 20 years, most central banks diversified out of gold into currencies, especially the US dollar as well as US Treasuries.

Amid rioting in the streets of Athens, the Greek parliament finally approved the austerity package required in order to secure the EUR 130 billion second bailout from EU/IMF

Gold prices continued to advance last week as more investors around the world gradually become more aware of the fragility of the […]

Recently there has been much talk about the possibility of a war with Iran.

Barely a week after financial leaders and leading politicians of the Eurozone were supposed to agree on a plan to help solve the problems in the Eurozone, credit rating agency Fitch has claimed that in the absence of a 'comprehensive solution', the crisis will persist and likely be punctuated by episodes of severe financial market volatility that is a particular source of risk to the sovereign governments of those countries with levels of public debt.

As far as I am concerned, corrupt governments that engage in reckless spending, banks and financial institutions that defraud, lie and deceive their own customers are all financial predators.

The price of gold pushed through and held above the key resistance level of $1700 an ounce last week, as the US dollar dropped sharply due to the euphoria from Europe about the agreement made at the Euro Summit in Brussels.