Commentary for Wednesday, Nov 27, 2013 GoldDealer.com – Gold closed down $3.60 to close at $1237.80 going into the Thanksgiving holiday reacting to a stronger dollar and weaker oil: leading Economic Indicators stronger in October but Durable Goods and Chicago PMI weaker which points to a lackluster economy and less likelihood…
Considering how coins can change hands hundreds of times over the course of decades or even centuries, they can become very dirty. For this reason, many coin collectors think it’s a good idea to clean their coins or bars like the 10 oz Silver Flag Bar. In this video, a…
Commentary for Thursday, Nov 21, 2013 – Gold closed down $14.40 at $1243.50 with a troubling inter-day low of $1239.00 so my prediction of another test of the recent lows is on the money. And today was the third time this week gold has dropped nearly $15.00. Breaking a key…
Gold was considered a valuable commodity long before the U.S. dollar, Japanese yen, Swiss franc, and the Euro were ever circulated. Over the past several years, shrewd investors who once deemed it wise to hold reserves of these traditionally stable currencies have developed a renewed interest in gold. Here are…
2,000 Kennedy Half Dollar Coins. 40% Silver by weight. 295 Total ounces of Silver. Discussion of the 90% vs. 40% Silver Coins. History of Kennedy Half Dollar Silver Coins. Ken Edwards, Vice President of California Numismatic Investments (CNI), will go over 40% Silver Bags and the premiums that they carry.…
Commentary for Friday, Nov 15, 2013 (www.golddealer.com) – Gold closed up $1.10 today at $1287.30 and this makes for a weekly increase of (yawn) $3.00. About the only good news besides Yellen’s comments is that gold did bounce off lows ($1260.00) but really I expected more fireworks. The big drag…
Commentary for Thursday, Nov 14, 2013 (www.golddealer.com) – Gold closed up $17.90 at $1286.20 but actually most of that move was seen in the after-market yesterday on leaked Yellen commentary, and considering the strength in the dollar, this close is great. Silver closed up $0.28 at $20.71 and again I…
Though the world is steadily recovering from the global financial collapse, many people are still wary of another disaster. This wariness is part of the reason why more people are buying gold. In this video, a representative from the World Gold Council discusses his experience at the Milken Institute Global…
Commentary for Tuesday, Nov 12, 2013 – Gold closed down $9.80 today at $1271.10 and if you look at the 60 day chart I don’t like the developing head and shoulders pattern which might mean we will test further lows before year end. But again this market is so wonky…
Commentary for Thursday, Nov 7, 2013 (www.golddealer.com) – Gold closed down $9.30 at $1326.00 after being higher by $10.00 in early trading. The ECB (European Central Bank) was at the heart of all this theater unexpectedly moving interest rates lower (0.5% to 0.25%), and then the first look at 3rd quarter…