Commentary for Wednesday, July 3, 2013 – Gold closed up $8.50 today at $1252.10 reacting to problems in Egypt which created some safe haven appetite. Also helping gold are the unfolding financial problems in Portugal as her bond prices collapse and borrowing costs soar. Silver moved higher by $0.38 at…
Commentary for Tuesday, July 2, 2013 – Gold began trading higher for the third day in a row but the stronger dollar would not be denied so gold finished the day down $12.30 at $1243.00. US economic news continues to ignore a few flaws but with Factory Orders up 2.1% and…
Collecting silver coins can be an enjoyable way to broaden your financial portfolio with little investment risk. The Morgan silver dollar, for example, offers a secure return for both novice and experienced coin collectors. The high value of the Morgan silver dollar is due in part to the sudden drop…
Collecting gold or silver coins should first and foremost be a pursuit of pleasure. That’s why coin dealers urge collectors to purchase only coins that adhere to their sense of aesthetic beauty. A coin’s appearance isn’t the only consideration that a coin collector should make, however. As a coin ages,…
Ken Edwards is Vice President of California Numismatic Investments. In this video, he offers his opinion on how gold bullion can add to a person’s investment portfolio. The price of gold has been increasing for several years, which is a testament to its enduring value. Edwards expects this trend to…
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…
Commentary for Thursday, June 27, 2013 – Gold moved down another $18.53 in selling seen late in the session closing at $1211.40. Even the Fed is beginning to downplay how the markets interpreted recent comments by Chairman Bernanke but the genie is out of the bottle so expect continued consolidation.…
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…
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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