October 2011 Country Living magazine cover
Country Living magazine chose to feature this piece, which I created from a broken antique plate.
Page 32, Fresh Picks: Statement Jewelry
I'm in Country Living Magazine!
Gold Prices to Keep Climbing
In trading gold investors need to retain a sense of history. Gold was pegged at $32 an ounce from the end of WWII until 1971 when the US went off the gold standard. It rose to over $600 an ounce in 1980 until falling precipitously to the $200 range where it remained for twenty years. The current price of gold is based in part on fundamentals and weakened economies and in part on fear of a global financial meltdown. If a trader gets caught in a highly leveraged futures position just as EU and US officials solve their debt dilemmas trading gold could be the least profitable trade of a lifetime. In short, watch technical analysis and hedge risk with options is often the best advice. Trading gold on the Comex has entered a new era as gold futures rose over $1,600 an ounce recently. As twin debt crises plague the two largest economies in the world investors are looking for safe havens as a means of hedging investment risk. Trading gold has always been a means of hedge inflation risk and a refuge in times of political crisis, economic chaos, and war. Gold bullion futures are traded on the Comex, one of two branches of the New York Mercantile Exchange, NYMEX. Billions of dollars of precious metals, agricultural commodities, and energy products are handled by the NYMEX.
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David Morgan : Gold Prices Can Still Reach $2,000
Investor demand is still strong for gold despite recent volatility and Wednesday's steep selloff , what's going on is a wait and see says David Morgan , fundamentally you should own gold , the fundamentals have not changed untill the financial house gets in order on a global basis , having said that you are going to see probably more volatility going forward says David Morgan ....
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Gold to Hit $2000 an Ounce on the Short Term
Gold hovers around the psychological level of $1900 on European debt woes , after it has reached an all time high yesterday night at around $1920 before puling back this morning of the news from Switzerland about the Swiss Central Bank imposing a ceiling on its Swiss Frank , some big investors had to sel some gold in order to recover the losses on the Swiss franc, but Gold is now back around $1900.David Lennox, resources analyst at Fat Prophets, says he's given up on setting a year end target for gold and believes that the current price is a psychological barrier to break through with the news at hand.
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Peter Schiff : Gold is the Last Haven Standing
Peter Schiff : “Fortunately, gold doesn't have a central bank, so it can rise as fast as the dollar falls …That is why gold is doing so phenomenally well, and why it should continue to do so.” - in www.advisorone.com
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Gold prices soar on the worst job report in nearly a year
David Morgan : I think we are definitely going to test that level soon ($1900/oz) Gold is reflecting a lot of uncertainty in the market place , if QE3 is announced it may bolster the gold stories , I am looking for a good pop in silver may be a two dollars move or something like that says David
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Gold is up 150% since late 2008
The savvy hedge fund players are cashing in on the gold rush.Hedge funds are using gold as a curb against sharp moves and also as a swiftly appreciating long holding , one reason Gold can rise indefinitely unlike the Yen or the Swiss franc for example both of which are popular positions right now , the yellow metal is immune fro,m central bank metaling that contempt upward swings since late 2008 Gold is up 150 percent
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