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Gold Prices and the U.S. Economy

What Gold Prices Say About the Economy

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Gold prices say a lot a lot about the health of the U.S. economy. When gold prices are high, the economy is usually either in crisis or inflation. When gold prices are low, the economy and the stock market are healthy. Learn about how gold should used by investors, the history of gold, and more about the gold standard.

1. Gold Prices Near All-Time High of $1,032

In September 2009, gold was trading near its all-time high of $1,032. As the dollar declined, many readers wondered whether it was a good time to buy gold.

2. Gold Prices Reach $1,000 an Ounce

In February 2009, gold reached $1,000 an ounce. Many investors thought this meant gold was a good investment. However, most financial planners will tell you that you should have no more than 10% of your assets in gold.

3. Why Gold Prices Rise When the Dollar Declines

As the dollar declines, gold prices rise. Many investors think of gold as a good hedge against a declining dollar. Is it really?

4. Why Gold Prices Shot Up in 1973

Gold prices skyrocketed from $42 to $120 an ounce when the U.S. went off the gold standard in 1973.

5. How Gold Prices Helped Cause the Great Depression

The price of gold went from $20.67 an ounce in 1929 to $35 an ounce in 1935. Find out how the Federal Reserve's efforts to maintain this standard helped cause The Great Depression

6. Book Review - The Coming Collapse of the Dollar

This book also gives a good history of the gold standard.

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