Gold and silver has been recognized as valuable since the dawn of time, but only recently have these precious metals also been recognized as savvy investments. As part of a diversified investment portfolio, gold and silver coins like the Silver Kangaroo present an attractive option to individuals looking for highly…
Commentary for Monday, April 13, 2015 ( www.golddealer.com) – Gold closed down $5.30 at $1199.30 today reacting to a stronger dollar as traders look for hints as to the next Federal Reserve move relative to interest rates. Dollar strength continues to send gold to the woodshed. The daily Dollar Index…
Commentary for Friday, April 10, 2015 ( www.golddealer.com) – Gold closed up $11.00 on the Comex today at $1204.60. This was the short-covering bounce I expected yesterday and more importantly gold was firm in the face of a stronger dollar. The dollar this week was up by a whopping 3%…
Commentary for Thursday, April 9, 2015 ( www.golddealer.com) – Gold closed down $9.50 at $1193.60 on the Comex today and once again dollar strength and a deteriorating technical picture has created a grimace face on the bulls for now. Like I pointed out yesterday the moving averages also tell a…
Coins tend to be very collectable, whether they are commemorative coins or gold or platinum coins for sale in California. Watch this video for a glimpse at the coin-making process. The United States Mint, a department within the Department of the Treasury, is in charge of creating new coins like…
Commentary for Wednesday, April 8, 2015 ( www.golddealer.com) – Gold closed down $7.50 at $1203.10 and the minutes of the latest Federal Open Market Committee are released to the public. The FOMC continues to mule over our current economic recovery. But you might think that any indecision on the Fed’s…
Commentary for Tuesday, April 7, 2015 – Gold closed down $8.00 on the Comex today at $1210.60 – weaker as the dollar reasserted itself in late trading. The Dollar Index was relatively flat on the open but eventually traded higher as Europe returned from the Easter holiday and traders pushed…
A coin’s face value isn’t the only thing that determines its value. This is why you may find silver coins for sale with values that exceed their denominations. Watch this video to take a look at a rare silver dollar. The 2014 Civil Rights Act of 1964 silver dollar was…
Commentary for Monday, April 6, 2015 – Gold closed up $17.70 on the Comex today at $1218.60. Gold traded sharply higher after the Easter holiday reacting to information released on Good Friday (even though the markets were closed) which suggests we might be in trouble with job formation. There were…
Commentary for Friday, April 3, 2015 – All the precious metal markets were closed today because of the Easter celebration. Dealers which remain open will use the Thursday’s closing pricing when buying or selling. Thursday’s closing prices gold ($1200.90) – silver ($16.68) – platinum $1154.00 – palladium ($746.00). Using yesterday’s…