Commentary for Wednesday, May 7, 2014 – Gold closed down $19.70 at $1288.60 saying good bye to the reassuring $1300.00 support level. So gold is weaker because the upbeat Yellen comments reinforce the “feel good” economy numbers. And Putin’s assurance that he wants to deescalate the powder keg in Ukraine takes…
May 5, 2014 | A. M. Client’s rating: 5 of 5 Love your newsletter. Totally void of self serving psycho babble. You have -0- chance of being a successful politician or Celeb. Stay with precious metals. Keep writing it, really enjoy it.
Commentary for Monday, May 5, 2014 – Gold closed up $6.40 at $1309.00 after reaching highs on the day of $1315.00 before settling. Trading overnight in Hong Kong and London was flat around the $1309.00 mark and in today’s domestic session we ran into overhead resistance approaching gold’s 50 day…
Commentary for Friday, May 2, 2014 – Gold finally closed up $19.50 at $1302.60 but the road to back above $1300.00 was a bit bumpy. There was a slight dip in the price of gold after the release of the jobs number but the market recovered holding the important $1280.00…
Commentary for Thursday, May 1, 2014 – Gold closed down $12.50 today at $1283.10 in again what looks like a bearish market pushed by technical selling. But the bears do look tired (30 day chart) forming a recent double bottom around $1280.00. Gold did test the $1278.00 level before closing…
Apr 30, 2014 | M. Client’s rating: 5 of 5 Hello to all! I have done business with Ken Slater at GoldDealer (CNI) for over 15 years now. I have always received fair, honest services and excellent advice and products. I would recommend this company to all. Regards, Mark
Commentary for Wednesday, April 30, 2014 – Gold closed virtually unchanged today off $0.40 at $1295.60. A look at 1st quarter Gross Domestic Product was a surprise today. Expectations were for a 1.1% advance but the number came in at only up 0.1% (attributed to bad weather). This may have…
Commentary for Tuesday, April 29, 2014 – Gold closed down $2.90 today at $1296.00 in a market which failed to produce any buzz what so ever. You could say it’s waiting on the FOMC information this week but then again it could be that everyone just fell asleep. LONDON, April…
I continue to be delighted with the exceptional service given by the personnel of GoldDealer (CNI). Not only are they courteous and personable, they are intelligent and professionally aware of a wide swath of topics that affect gold or silver purchases. I have never had a buying experience as easy,…
Commentary for Monday, April 28, 2014 – Gold closed down $1.90 today at $1298.90 in a market which had a small downward bias in Hong Kong and London then sold off domestically but recovered nicely before trading was closed for the day. In this price mix pending home sales came…