- You are here:
- Home ยป
- Gold
Tag Archives for " Gold "
ATM for Gold
Do you know that there are now gold ATMs? The first ones opened up in Abu Dhabi, Munich, and Madrid. Warren Buffett recently had this to say on Gold, “You could take all the gold that’s ever been mined, and it would fill a cube 67 feet in each direction. For what that’s worth at […]
Gold and Fake Gold
Fake gold can be produced by using another cheaper metal and coating the surface with real gold. This can be easily detected by weighing the object as the density of different metals are different. For example, gold has a density of gold is 19.3g/cm3 while that of steel is 11.4g/cm3. Therefore, a piece of real […]
Genneva Gold
Someone sent me a question to ask me about Genneva Gold Sdn Bhd. According to the information on the website, Genneva Gold sells you Gold Bullion at a 2% discount to the market price with a buy-back guarantee. At the end of one month, the buyer can Sell buy the gold to Genneva Gold at […]
Correlation Between Gold and Oil
In general, the price of gold and oil have a positive correlation. When oil prices rise,there is an upward pressure on inflation. This enhances the use of gold as an inflation hedge. Historially, oil purchases were made with gold. One way of identifying trading opportunities is to use the gold-oil ratio. This can be calculated […]