commentary for Tuesday, Jan 26, 2016 (www.golddealer.com) – Gold closed up $15.50 on the Comex today at $1121.70. This will be described as a combination of safe-haven buying and technical follow through – but there is something that is just not right with this latest push. Granted gold continues firm…
Commentary for Monday, Jan 25, 2016 (www.golddealer.com) – Gold closed up $9.00 on the Comex today at $1106.20 – which is good but without some follow-through momentum this pitch up remains part of the defensive picture. Normally – as the technical picture improves this place develops a great buzz –…
Commentary for Friday, Jan 22, 2016 (www.golddealer.com) – Gold closed down a tepid $1.90 today on the Comex at $1097.20. The trading pattern for gold today was more defensive than anything else – it opened lower trading as low as $1095.00 before turning around again moving over $1100.00 – finally…
If you are thinking about purchasing gold or silver coins or bullion, you should also consider using independent storage to house them. One of the benefits of investing in gold or silver is the security that comes along with it. However, in order to take advantage of that security, you…
Commentary for Thursday, Jan 21, 2016 (www.golddealer.com) – Gold closed down $8.00 today on the Comex at $1099.10. A not unexpected result of yesterday’s big push to the upside – as the international stakes move higher expect a much more volatile market. But for now this move to the downside…
Commentary for Wednesday, Jan 20, 2016 (www.golddealer.com) – Gold closed up $17.20 on the Comex today at $1107.10 in another surprise move – as world stock markets once again falter and safe-haven buying is brought out again from the back burner. I’m usually not big on pattern trading – but…
Commentary for Friday, Jan 15, 2016 (www.golddealer.com) – Gold closed up $17.60 today on the Comex at $1091.50. Even with all the fanfare the price of gold has been on the choppy side – even with today’s advance we are down $8.00 on the week after an advance of $39.00…
Do you love to collect gold and silver coins? If so, you should do what you can to get your children involved in collecting coins, too. Not only will you be able to teach your kids about the coins that you have, but you will also be able to give…
You have likely spent a lot of time, effort, and money putting your coin collection together, so you should do whatever you can to keep your coins in the best condition possible. This includes storing your silver and gold coins properly and handling them with extreme care. If you ever…
Most people are familiar with the idea of investing their money into silver and gold bullion from a gold dealer, but it’s important for you to know that making a platinum investment is an option, too. Platinum coins and bullion have very low premiums because they are not considered collectibles,…