Commentary for Wednesday, April 23, 2014 (www.golddealer.com) – Gold moved up $3.60 today closing at $1284.20 in quiet action within a short $8.00 trading range. Most traders are waiting for the other shoe to drop but gold did hold the important 100 day moving average ($1277.00). Aggressive sellers may drop…
Commentary for Tuesday, April 22, 2014 – Gold closed down $7.40 today at $1280.60 so we continue to test support with lows on the day being $1279.00. Traders will now watch gold’s 100 day moving average ($1277.00) for short-term clues but it might be a mistake to think that recent weakness…
Commentary for Monday, April 21, 2014 – Gold closed down $5.40 at $1288.00 in what looks like thin follow-through selling and some technical filling but, like the close on Thursday before Easter I would discount this action because some markets are still closed because of Easter. At any rate we…
Apr 18, 2014 | N/A Client’s rating: 5 of 5 Thank you (Harry Johnson) for a pleasurable experience. Recently I purchased silver bullion from GoldDealer (CNI) and the transaction was 2 thumbs up. First, the cost was right on or less than other dealers. Second and really more important to…
Commentary for Friday, April 18, 2014 – Both financial and gold markets are closed today in observance of Good Friday. GoldDealer.com as well as the banks and post office are open and we expect very slow trading conditions at the store which is usually the case over this religious event.…
Collections of all sorts can be fun for kids, and coin collections offer unique lessons and opportunities. Collecting coins can be educational, affordable, and even profitable. If you would like to give your child a fun hobby that could lead to a lifelong interest and lay the groundwork for a…
Commentary for Thursday, April 16, 2014 (www.golddealer.com) – Gold closed down $9.70 in follow through selling at $1293.40. Actually trading was quiet most of the day trading around the familiar $1300.00 level but a late bear market raid pushed prices below gold’s 200 day moving average ($1298.00). I would not…
Commentary for Wednesday, April 16, 2014 – Gold closed today up $3.10 at $1303.10 in a modest rebound from yesterday’s loss of $27.20. The overnight Hong Kong and London market for gold remains stable around $1300.00. There was also some follow through buying which appeared from $1290.00 lows so some short-term…
More and more people are choosing to add precious metals to their IRAs, and this practice is widely recommended by financial advisers as it protects against inflation. Here is a brief look into the precious metal storage process for IRAs: When you place precious metals in an IRA, you are…
Commentary for Tuesday, April 15, 2014 (www.golddealer.com) – Gold closed down $27.20 today at $1300.00 reacting to early selling which began overnight in Hong Kong and continued lower in London finally bouncing off the $1290.00 level and rising domestically to finish just above the important $1300.00 level for the day.…