Commentary for Friday, June 21, 2013 – Gold closed up $5.70 at $1291.60 which looks like a dead cat bounce (and a feeble one at that) considering yesterday’s route where gold was down a whopping $96.00 on the week. Still when you are ready to settle for anything any strength sounds…
Commentary for Thursday, June 20, 2013 – Hold on to your hat as gold closed down $87.70 at $1285.90 and silver followed suit down a whopping $1.80 at $19.82. Equities and bonds fared no better and all acted as though Chairman Bernanke’s talk yesterday afternoon confirmed everyone’s worst fears: federal…
California Numismatic Investments: Guide to Popular Gold Coins and Bars. Ken Edwards, Vice President of CNI, will go over our best selling gold coins and gold bars. These items are not rare and are valued only because of their gold content. At California Numismatic Investments (www.Golddealer.com), we can help you…
Jun 19, 2013 | Jon Client’s rating: 5 of 5 I am a new customer to CNI and on my first visit I was very impressed. I wanted to buy a Credit Suisse gold bar but they were all out. instead of turning me away or trying to push another product on…
Commentary for Wednesday, June 19, 2013 – Gold closed higher by $7.00 today at $1373.60 and while the closes came before Chairman Bernanke spoke the market after all this fanfare reacted only marginally higher in anticipation of a no-change policy. Ron Paul’s statement yesterday on CNBC was interesting in that…
Commentary for Tuesday, June 18, 2013 – Gold finished the day down $16.20 at $1366.60 so early morning weakness carried over to the close. The gold bear still rules until traders understand what the Federal Reserve is going to do with its in place monetary easing program. Actually I think…
For some reason this question comes up every other week and the usual admonition…never clean coins…it is a bad idea is never quite enough for most people. The public has always had a penchant for cleaning rare coins especially in the old days and the long term results as studied…
Commentary for Friday, June 14, 2013 – Gold closed up $9.70 at $1387.30 which might be a reaction to President Obama’s plan to arm Syrian rebels in reaction to the use of outlawed gas against civilians. This Middle East conflict is a complete humanity disaster which promises to grow as the…
Commentary for Thursday, June 13, 2013 – Gold gave up yesterday’s gains closing down $14.20 at $1377.60 but still holding the key $1360.00 level. News of higher retail sales continues to encourage the paper markets but the real numbers don’t have much weight. News from India that gold imports have…
At first blush this might sound like an odd question but I get this one on occasion, so I did some homework you might find interesting: Most everyone is focused on the price of gold, which is fine but I think there are a number of benefits to the yellow…