Commentary for Thursday, Sept 18, 2014 – Gold closed down $8.70 at $1225.70 in action which was initially weaker but was eventually supported by a short-covering rally as short traders covered positions taking profits and moving to the sidelines. The gold market has been generally negative since early September – so…
On the morning of November 22, 1963, three shots were fired from a sixth floor window above Dealey Plaza in Dallas, Texas, irrevocably changing the course of our nation’s history forever. In the days and weeks that followed the sudden and tragic death of President John F. Kennedy, officials at…
Commentary for Wednesday, Sept 17, 2014 (www.golddealer.com) – Gold closed down $0.80 at $1234.40 waiting for the Fed news release regarding future interest rate bias – but dipped lower in the aftermarket as the Federal Reserve cut an expected $10 billion from its existing quantitative easing program – the remaining…
Sep 16, 2014 | Jon Client’s rating: 5 of 5 I very much appreciate dealing with Kenny Edwards at GoldDealer.com. He is a straight shooter who talks straight to you. No BS. This is the best selection and pricing I have found anywhere. Thanks Kenny
What’s a penny worth to you? If you’re one of the millions of Americans who have called for the discontinuation of the penny, it’s not even worth the copper it’s made from. But before you throw all of your pennies in the trash, check to see if any of them…
Commentary for Tuesday, Sept 16, 2014 (www.golddealer.com) – Gold closed up a tepid $1.60 today at $1235.20 watching carefully for any interest rate hints which might come from the two day Federal Open Market Committee (FOMC) being held Tuesday and Wednesday. The backdrop for this important powwow today saw Industrial…
Sep 15, 2014 | N/A Client’s rating: 5 of 5 Ed helped me today, I purchased some gold bullion, what a fine shop you have! It was the first time for me in your shop, it is freeway close, parking is super easy, security is there too. What I was most…
Commentary for Monday, Sept 15, 2014 (www.golddealer.com) – Gold closed up $3.70 at $1233.60 as the market remains dicey – the big question being what will Yellen have to say on Wednesday? To raise rates or not to raise in light of a better than expected US recovery versus a…
Commentary for Friday, Sept 12, 2014 (www.golddealer.com) – Gold closed down $7.50 today at $1229.90 so my feeling that we would eventually test the longer term $1200.00 number has been accurate. Unfortunately this is the 5th day in a row gold has moved lower. If you consider the Jan 2,…
Commentary for Thursday, Sept 11, 2014 (www.golddealer.com) – Gold closed down $6.10 today at $1237.40 so we are approaching almost a week of losses. This most recent trend is all about dollar strength so for now gold is getting no respect. Still we started the year at $1202.00 so it’s…