Commentary for Monday, Dec 30, 2013 – Gold closed down $11.00 at $1203.10 so not particularly encouraging into 2014 but we are holding on to the $1200.00 level (barely). The paper trading markets are very thin these last days of 2013 and this weakness is probably more a matter of…
When you’re investing in precious metals or collectible coins, it is essential to have all the information you need to make a smart decision. A misstep can compromise your earning potential or even cause you to lose money on your purchase. Of course, the market can be complicated and is…
Commentary for Friday, Dec 27, 2013 – Gold closed up $2.00 at 1216.10 and while higher over several days the small higher number was somewhat disappointing considering the dollar was weaker Friday and oil was higher. Still gold has held above $1200.00 which is fair considering we saw an intraday low…
Australia’s Lunar Gold Coin series is a fun and valuable collection. It has been prized by collectors since it debuted, and it continues to increase in value as demand for the coins have increased. Should the Lunar Gold Coin series be part of your precious metal collection? Here is what…
Dec 23, 2013 | John Client’s rating: 5 of 5 Kenny, Harry, and the crew over there, Wanted to wish you guys a Merry Christmas and thank you over the last year for providing myself and others like me a great service and competitive pricing on bullion! Whenever I need…
Commentary for Monday, Dec 23, 2013 – Gold closed down $6.70 at $1198.40 (so again under the important $1200.00 level) in what appears to be simple bookkeeping into the Christmas holiday. Trading all day was uninspired as the holiday season becomes more important. Gold sentiment remains subdued as we are…
If you’re looking for a fun hobby that could help you earn some money, you might consider collecting precious metal coins. If you do, it’s only a matter of time before you hear fellow collectors talk about the Morgan silver dollar. Named after its designer, George T. Morgan, the Morgan…
Commentary for Friday, Dec 20, 2013 – Gold closed up $10.10 at $1205.10 in a pop-back move which some see as an important regaining of the $1200.00 level but what I think is just a small short covering bounce going into the weekend. The important metric to be seen relative to…
Broadly and historically speaking, recessions crush assets. Depending on the cause of the recession and the nature of an individual’s investment portfolio, he could lose the vast majority of his wealth. Investing in gold is one way to safeguard your assets from being squeezed so harshly under poor or uncertain…
Commentary for Thursday, Dec 19, 2013 – So gold finally reacted to the taper announcement in a big way off $41.10 at $1195.00. The sell-off began in the overnight Hong Kong market with London being relatively flat and further weakness seen in the domestic gold market. Today’s close ($1195.00) is the…