Commentary for Wednesday, April 29, 2015 ( www.golddealer.com) – Gold closed down $3.80 today on the Comex at $1209.80. This modestly weaker close is the result of several factors. The first factor being that the Federal Open Market Committee is going to continue its watchful eye, promising change. The Fed…
Gold and silver has always been popular among savvy investors, but there hasn’t been much investor interest in platinum—at least not yet. Platinum bullion bars and coins are becoming increasingly popular because they have low premium over their “melt” value. This means that the price of bullion bars and coins…
Commentary for Tuesday, April 28, 2015 ( www.golddealer.com) – Gold closed up on the Comex today by $10.70 at $1214.00. This was the result of a declining dollar but the jump in prices seems tepid – almost not convincing after yesterday’s scramble to higher ground. The after-market was also a…
Commentary for Monday, April 27, 2015 ( www.golddealer.com) – Gold closed dramatically higher today on the Comex up $28.10 at $1209.30. There is more to this than a large short-covering rally – because this just fell out of the trading sky. That’s why you should be suspicious especially as gold…
Apr 24, 2015 | N/A | Laguna Hills , CA Client’s rating: 5 of 5 I purchased several coins over a year ago and was very pleased with the experience and great quality of service and the knowledge I gained from my broker Dana, about different coins from different parts…
Apr 24, 2015 | J. W | Olathe , KA Client’s rating: 4 of 5 Just a note to say thanks for the great service that your company and, specifically, Harry Johnson, has afforded me over the last several years. I’ve enjoyed a timely, simple and accurate method of purchasing…
Commentary for Friday, April 24, 2015 ( www.golddealer.com) – Gold closed down $19.20 on the Comex today at $1175.20. The market got weaker overnight in London and Hong Kong and the downward move accelerated in the domestic market. I don’t know what to makes of this latest weakness – it…
Rhodium is one of the rarest precious metals on the planet. A member of the platinum group metals (PGM) together with platinum and palladium, rhodium is a key component in the car industry as well as in electrical connections and in aircraft turbine engines. The rarity of rhodium combined with…
Commentary for Thursday, April 23, 2015 ( www.golddealer.com) – Gold closed up $7.50 today on the Comex at $1194.40 in what I call ho-hum trading and is now around 3 week lows so there is not much enthusiasm in the precious metals market. Look at the Gold Exchange Traded Funds:…
Commentary for Wednesday, April 22, 2015 ( www.golddealer.com) – Gold closed down $16.00 at $1186.90 on solid home sales data indicating the economy may be back on track after some data setbacks created by the winter cold snap. So we are now trading significantly below the $1200.00 level and the…