Commentary for Friday, May 15, 2015 – Gold closed up $0.10 at $1225.50 but this market is not as flat as it looks. In overnight Hong Kong trading we saw a mild sell-off in prices which moved gold below $2015.00 but the London market recovered and prices firmed into the…
With each passing day you get closer and closer to retirement. Unfortunately, for some people the idea of retiring is a scary one. The worldwide economic slowdown epidemic that is driving up credit card debt, crashing stock exchanges, and forcing homeowners into foreclosure has hurt many people’s retirement plans. The…
Commentary for Thursday, May 14, 2015 – Gold closed up $7.00 today on the Comex at $1225.40. Probably just follow through action from yesterday’s close which showed gold up $25.50 and a continuation of the largest short-covering rally we have seen since late April. This recent run is a combination…
May 13, 2015 | R. | Groveland , Ca Client’s rating: 4 of 5 I have purchased many times from GoldDealer (CNI) and have had nothing but great service. Always right on time and always willing to help.
Commentary for Wednesday, May 13, 2015 – Gold closed surprisingly higher today up $25.50 on the Comex to a more respectable $1218.40. This after yesterday’s push to the upside of $9.40 is happy news but let’s not count our chickens just yet. This type of price reversal should be looked…
Commentary for Tuesday, May 12, 2015 – Gold closed up $9.40 today on the Comex at $1192.60 as European bonds moved lower and stocks got the jitters. The Dollar Index sold off somewhat today with the high being 95.16 and the low being 94.24. We are looking at 94.46 as of…
Commentary for Monday, May 11, 2015 – Gold closed down $5.90 today on the Comex at $1183.20. There was some early upside movement after the announcement that China would cut its lending rate by a ¼% but their attempt at fine-tuning their staggering economy lost steam with gold traders probably because…
Commentary for Friday, May 8, 2015 – Gold closed up $6.70 on the Comex today at $1189.10. And considering all the gold indecision out there it’s interesting that we finished up $14.50 on the week. The dollar has been generally weaker this week – the Dollar Index trading from a high…
May 7, 2015 | N/A | Ramona , Ca Client’s rating: 5 of 5 I have bought PM from GoldDealer (CNI) back over 30 years ago. When they were in Redondo Beach. I have always been a cash and carry kind of guy. Now that I live in San Diego…
If you take retirement planning seriously, one of the best ways to diversity your Individual Retirement Account (IRA) is to purchase precious metals. Many financial planners recommend precious metals to protect against inflation and offer additional protection against government intrusion into your personal finances. Gold coins, silver bars, platinum bullion,…