Commentary for Wednesday, April 9, 2014 – Gold closed down $2.20 at $1305.50 giving up a portion of yesterday’s $10.70 gain but the market has a negative bias in overnight trading and seems to have interpreted the FOMC (Federal Open Market Committee) minutes as somewhat bullish for gold. Gold held the…
The decision to start collecting coins is easy. Deciding which coins to collect, however, is a little more difficult. Before you begin your collection in earnest, you should familiarize yourself with different coins and determine what you want your collection to look like. One coin you might consider for your…
Commentary for Tuesday, April 8, 2014 – Gold closed up $10.70 at $1308.70 so we are once again above the important $1300.00 support level as the US dollar gets weaker and renewed Russian mischief escalates regional tension. It is hard to believe anyone will actually get in the Russian’s way (Ukraine,…
Commentary for Monday, April 5, 2014 – Gold closed down $5.20 today at $1298.00 and considering Friday’s big close over $1300.00 today’s action was a let down. What really took the air out of the balloon was the weaker dollar. Would be momentum players probably got hammered today. The White…
Apr 4, 2014 | N/A Client’s rating: 4 of 5 I have done business buying precious metals with Ken Slater at GoldDealer (CNI) for years. His service has been excellent! I would highly recommend him and GoldDealer (CNI) to anyone looking into buying gold or any other precious metals.
Commentary for Friday, April 4, 2014 – Gold closed up an important $18.80 today at $1303.20 on a combination of missed job’s data and short-covering in a nervous market. Also note that margin requirements were lowered today for gold and silver which helps buyers enter the market. The dollar was…
Diversification is key when it comes to long-term savings and investments, especially in a troubled economy. Most people understand diversification as the spreading of assets across companies and commodities. In this video, an economics expert suggests new strategies for diversification. He asserts that investing across industries is no longer secure…
Commentary for Thursday, April 3, 2014 – Gold closed down $6.10 at $1284.60 reacting to a stronger dollar. The dollar was stronger relative to the euro because the European Central Bank (ECB) met and decided to keep rates unchanged (0.25%) as rumors the last few days claimed that rates might be…
If you are a coin collector, you probably do not want to clean your coins. If, however, you have a collection of bullion coins for investment purposes, you may want to keep them looking nice. Watch this video for some tips on cleaning silver coins. The presenter suggests a few…
Commentary for Tuesday, April 1, 2014 – Gold closed down $3.80 today at $1279.60 even with continued weakness in the dollar. This could be a combination of short trading pressure, further technical correction and the continued malaise we have seen on the trading floor these past few weeks. But the short…