CNBC Jane Wells: Who’s Going For Gold?

CNBC’s Jane Wells was at California Numismatic Investments Inglewood, CA location to report on the state of Gold.  Vice President of CNI- Ken Edwards was featured.  If you missed the live broadcast, it can be replayed at the link below. The following transcript has not been checked for accuracy. gold…

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Gold Slammed Again Over Fed Comments

Commentary for Wednesday, June 26, 2013 – Gold began moving lower in the overseas markets last night and continued domestically down $45.20 on the day at $1229.60. This continued Fed talk of tapering and the ETF (Exchange Traded Fund) selling creates the perfect storm for short term traders looking to…

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Gold Marginally Weaker in Quiet Trading

Commentary for Tuesday, June 25, 2013 – Gold closed down a tepid $2.00 at $1274.80 and considering recent volatility traders were happy for a quiet day. And with more positive economic news the implications over less quantitative easing were underplayed as new home sales hit their highest levels since 2008 up…

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Gold Weaker – Bears In Charge

Commentary for Monday, June 22, 2013 – Gold was down $14.80 today closing at $1276.80 in quiet trading so the bears are still in charge as we look at 2 ½ year lows. Reasons gold continues weak are: (1) the market continues to unwind over the Bernanke speech which was interpreted…

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