Commentary for Friday, May 22, 2015 – Gold closed down $0.10 on the Comex today at $1204.30 as Fed Chair Yellen looks for an interest rate rise before year end – if the economy continues to improve. Gold popped higher in overnight activity (Hong Kong) but domestic trading on the Comex…
Commentary for Thursday, May 21, 2015 – Gold closed down $4.50 at $1204.40 on the Comex today in lackluster trading. The overnight market in both Hong Kong and London was slightly weaker and this downward bias carried over into domestic trading. All in all though there was little attention paid…
The American Eagle Platinum Coin is America’s official platinum bullion coin and the only official investment-grade platinum coin from the U.S. Government. This means the weight, content, and 0.9995 purity of the American Eagle Platinum Coin is guaranteed by the United States. The coin itself was authorized by Congress in…
Commentary for Wednesday, May 20, 2015 – Gold closed relatively firm but uninterested today on the Comex up $2.00 at $1208.90. This was in advance of the FOMC minutes release. And the aftermarket in gold after the release was another non-event so traders apparently did not garner much from the…
Commentary for Tuesday, May 19, 2015 – Gold closed down $20.90 at $1206.90 putting the brakes on its most recent move to the upside within its current trading range. So gold came down with a case of the sniffles today for two reasons. The first is related to a very…
If you want to get into coin collecting but don’t know where to start, consider building your collection around certified rare coins. Coin dealers offer a wide selection of PCGS-certified rare coins, including popular coins like the $20 Liberty Gold Piece and Saint Gaudens $20 Gold Piece. However, before you…
Commentary for Monday, May 18, 2015– Gold closed up $2.30 today on the Comex at $1227.80 in quiet trading. It is important that gold held above its 200 DMA ($1218.00) but is disappointing we did not see much follow through from last week’s big $36.00 gain. Given that gold looks…
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…
Produced from 1908 through the Great Depression, the Indian Gold Coin is one of America’s most valuable and highly collected coins. Depending on its condition, an American Indian Gold Coin can be valued anywhere from $400 to $5,000. Watch this short video to learn more about the history of this…
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…