Platinum has long been a prized precious metal for its beautiful appearance and durability. However, as any jewelry lover or precious metal collector can attest, platinum is expensive. Palladium looks like platinum but costs far less. As you invest in precious metals, it is important that you understand the distinctions…
Commentary for Tuesday, Jan 7, 2014 – Gold closed down $8.40 at $1229.40 so we are seeing profit taking and more technical correction. Metals saw some selling pressure during the day as the November trade deficit fell to the lowest level in 4 years ($34.3 billion). The improving trade deficit was…
Commentary for Monday, Jan 6, 2014 – Gold closed virtually unchanged today down $0.60 at $1237.60. There was a severe dip in early gold trading but the markets quickly recovered. Here is what Wyckoff (Kitco) made of what looks like an aberration: “An erroneous, or so-called “fat-fingered” trade in Comex gold…
Commentary for Friday, Jan 3, 2014 – Gold closed up $13.50 at $1238.40 so some follow through from yesterday’s gain and further attention. Metals eased into higher territory and moved steadily higher all day long. It was like a burst of short covering but with two days of advances mounting to…
Commentary for Thursday, Jan 2, 2014 – Gold closed up $23.10 at $1225.00 which is encouraging as we all wonder what price levels we will see in 2014. Last year gold took a drubbing down 28% and silver was down 35% so everyone is looking for more positive news. With such…
Are you interested in dipping your toes into the precious metals market? If so, a great place to start is silver bars. 100oz silver bars are ideal for novice and seasoned investors for several reasons. This video explains. In this video, learn about the benefits of buying and selling 100oz…