Commentary for Friday, Feb 13, 2015 – Gold closed up $6.40 at $1226.50 in quiet trading as the 100 Day Moving Average holds ($1216.00) but strong safe haven buying fades. The technical picture while not horrible is not encouraging. The reasons for this settling in price have been talked to…
For experienced investors, the gold to silver ratio is one of the many indicators used to time precious metal purchases and liquidation. At its most basic, the gold to silver ratio is the amount of silver it takes to purchase one ounce of gold. For example, if the gold to…
Commentary for Thursday, Fed 12, 2015 ( www.golddealer.com) – Gold closed up an unconvincing $1.20 on the Comex at $1220.10 but this market feels heavy to me. We are back to a guessing as to when the Federal Reserve might raise interest rates – perhaps this summer. But it was…
Commentary for Wednesday, Fed 11, 2015 ( www.golddealer.com) – Gold closed down $12.60 on the Comex today at $1219.00 reacting to a stronger dollar and a negative technical picture. The overnight gold market was actually quiet in Hong Kong and London – and the domestic market was uneventful on the…
If you’ve recently inherited a gold collection or purchased non-graded gold coins or bullion bars, it’s important that you have an expert look at your gold to determine the exact value of your holdings. At California Numismatic Investments, you can receive free gold appraisals from Richard Schwary, a nationally recognized…
Commentary for Tuesday, Fed 10, 2015 – Gold began moving lower overnight in Hong Kong and London moving down about $10.00 into the $1234.00 range so the technical picture continues to weaken. And the generally lower trend continued in domestic trading – so gold closed on the Comex down $9.20…
Commentary for Monday, Fed 9, 2015– Gold closed up $6.90 on the Comex at $1240.80 – not much of a comeback from Friday’s shellacking and the Dollar Index came in around 94.50 – flat most of the day. Considering Germany and the US are in conference about arming the Ukrainians…
Feb 6, 2015 | C. M. | Inglewood , CA Client’s rating: 4 of 5 Dear Sirs – Thank you for your swift response to my inquiry. As the holiday season was upon us, I had no other recourse than to utilize the “contact us” e-mail system you provide. I…
Commentary for Friday, Fed 6, 2015 – Gold closed down $28.40 at $1233.90 on the Comex today but flattened out into “steady” to slightly higher in the aftermarket as the dollar headed for higher ground. Gold took a vacation this morning as the government released its much heralded Jobs Report…
Gold’s value tends to remain high despite fluctuations in the market, which makes it one of the safest wealth insurance investments and a bulwark against inflation and deflation. People buy gold in many different sizes of bars and ingots ranging from one ounce to 12 kg. Gold coins are especially…