Commentary for Friday, April 4, 2014 – Gold closed up an important $18.80 today at $1303.20 on a combination of missed job’s data and short-covering in a nervous market. Also note that margin requirements were lowered today for gold and silver which helps buyers enter the market. The dollar was…
Diversification is key when it comes to long-term savings and investments, especially in a troubled economy. Most people understand diversification as the spreading of assets across companies and commodities. In this video, an economics expert suggests new strategies for diversification. He asserts that investing across industries is no longer secure…
Commentary for Thursday, April 3, 2014 – Gold closed down $6.10 at $1284.60 reacting to a stronger dollar. The dollar was stronger relative to the euro because the European Central Bank (ECB) met and decided to keep rates unchanged (0.25%) as rumors the last few days claimed that rates might be…
If you are a coin collector, you probably do not want to clean your coins. If, however, you have a collection of bullion coins for investment purposes, you may want to keep them looking nice. Watch this video for some tips on cleaning silver coins. The presenter suggests a few…
Commentary for Tuesday, April 1, 2014 – Gold closed down $3.80 today at $1279.60 even with continued weakness in the dollar. This could be a combination of short trading pressure, further technical correction and the continued malaise we have seen on the trading floor these past few weeks. But the short…