For more than two centuries, the United States government has minted and distributed coins of various denominations for use as fiat currency. For a variety of reasons, many of these coins are worth far more today than the values engraved on them would suggest. Below is a look at a…
Commentary for Tuesday, Sept 30, 2014 (www.golddealer.com) – Gold closed down $7.00 today at $1210.50 and in early trading touched $1205.00 before finding short-covering support. The gold story remains the same – it’s all about a stronger dollar and weaker oil. The Dollar Index has moved in the past 5…
Commentary for Monday, Sept 29, 2014 (www.golddealer.com) – Gold closed up $3.40 at $1217.50 probably because investors are growing leery of the jobs numbers due out later this week. Pending home sales were down and consumer spending flat – so mixed signals regarding the US economy. The problem with this…
Sep 26, 2014 | N/A Client’s rating: 4 of 5 Thank you very much and of course your selection of gold and silver coins are a great value. Great store as well.
Taste in coins varies among collectors, but any coin that is available in a finite quantity and considered highly desirable is likely to have a fairly high going rate. Age, condition, material used, and durability all play a role in the price of coins and precious metals. The simple economic…
Commentary for Friday, Sept 26, 2014 – Gold closed down $7.10 at $1214.10 today so the gold mood is still negative. We continue to whipsaw back and forth around the important $1200.00 mark – this should continue into next week. The dollar continues to rule – The Dollar Index is…
Throughout the world’s financial history, there have been a number of periods during which our faith in gold has been stronger than our faith in fiat currency. The most recent dramatic example of this is a period that started with the financial crisis of 2008-2009. In this brief video, CEO…
Commentary for Thursday, Sept 25, 2014 (www.golddealer.com) – Gold closed up $2.60 at $1221.10 in what appears to be affirming in pricing which carried over into the aftermarket. This is unusual because the dollar is strong – the Dollar Index at 85.16 and the talk of expected higher interest rates…
Commentary for Wednesday, Sept 24, 2014 (www.golddealer.com) – Gold closed down $2.40 at $1218.60 today – this is all dollar strength. Yesterday the Dollar Index was trading around 84.67 when the newsletter was published – today the Dollar Index is trading over 85.00. Also note my comment about yesterday’s US…
Commentary for Tuesday, Sept 23, 2014 (www.golddealer.com) – Gold closed up $4.20 at $1221.00 – the market was higher in earlier trading ($1236.00) as the US attacked ISIS within Syria – but moved lower as the dollar recovered earlier losses returning to 84.67 on the Dollar Index. And oil remains…