Commentary for Wednesday, June 10, 2015 – Gold closed up $8.80 at $1186.10 on the Comex today but I think all the usual reasons for a higher price are a bit of window dressing. There is a lot less to the recent rally in gold – that’s right, less. At…
Commentary for Tuesday, June 9, 2015 – Gold closed up $4.10 at $1177.30 on the Comex today so we remain stuck in the $1170.00 – $1190.00 band since late May. Still gold is struggling with that downward bias which makes the short paper players money – so for now the…
Jun 8, 2015 | N/A | N/A , N/A Client’s rating: 4 of 5 Always enjoy doing business with your company.
Commentary for Monday, June 8, 2015 – Gold closed up $5.40 on the Comex today at $1173.20. And the dollar got more attention today after the supposed comments by President Obama. This from MarketWatch – “After strengthening early in the global day, the dollar turned sharply lower Monday as conflicting…
Jun 5, 2015 | J. | N/A , N/A Client’s rating: 4 of 5 I needed some mylar flips so that I could send in about 70 Morgan $1 to PCGS for grading and saw your store so I stopped by. First of all I was very impressed with the…
Commentary for Friday, June 5, 2015 – Gold closed down $7.10 at $1167.80 today on the COMEX which makes a loss on the week of $22.00 and in fact today’s market moved as low as $1162.00 before gaining some traction. Not encouraging to be sure but also not too bad…
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Commentary for Thursday, June 4, 2015 – Gold closed down $9.80 today on the COMEX at $1174.90. Looks like a 5 week low to me and makes for the second day of red ink but I would not be jumping out the window just yet. This market is so range-bound that…
Commentary for Wednesday, June 3, 2015 – Gold closed down $9.40 on the COMEX today at $1184.70. Interestingly the dollar was weaker – the Dollar Index closed yesterday at 95.94 and it is now trading at 95.48. Under normal trading conditions this half point move to the downside would push…
Jun 2, 2015 | Tom Moore | Anoka , MN Client’s rating: 5 of 5 First purchase from Golddealer . Excellent quality coin and quick delivery!!