Commentary for Monday, Oct 6, 2014– Gold closed up $14.50 at $1206.70 in what looks like a short covering rally – remember this market has probably moved into the oversold area this past week so a short technical bounce higher is to be expected. Helping gold move higher was a…
Commentary for Friday, Oct 3, 2014 (www.golddealer.com) – Gold closed down $22.00 at $1192.20 so we have breached the important $1200.00 mark and got everyone’s attention. The big push to lower gold prices continues to be caused by the strong dollar – the Dollar Index showing at 86.68 at of…
Commentary for Thursday, Oct 2, 2014 – Gold closed down $0.40 at $1214.20 in quiet trading which is curious considering what is going on in Europe. The dollar was somewhat weaker and the euro somewhat stronger after Mario Draghi announced a kind of quantitative easing which was supposed to help…
Made from American-mined gold, American Eagle gold bullion coins are a desirable, practical, and secure means of investing in gold bullion. Carefully weighed and stamped by the U.S. Mint to precise standards, these gold bullion coins provide their holders with several benefits. Here are some of the best reasons to…
Commentary for Wednesday, Oct 1, 2014 – Gold closed up $4.10 today at $1214.60 but it saw highs on the day of $1220.00 before the short covering rally lost steam and gold settled for what was on the table. Still there was some buzz from China where an official claimed …
Commentary for Tuesday, Sept 30, 2014 (www.golddealer.com) – Gold closed down $7.00 today at $1210.50 and in early trading touched $1205.00 before finding short-covering support. The gold story remains the same – it’s all about a stronger dollar and weaker oil. The Dollar Index has moved in the past 5…
For more than two centuries, the United States government has minted and distributed coins of various denominations for use as fiat currency. For a variety of reasons, many of these coins are worth far more today than the values engraved on them would suggest. Below is a look at a…
Commentary for Monday, Sept 29, 2014 (www.golddealer.com) – Gold closed up $3.40 at $1217.50 probably because investors are growing leery of the jobs numbers due out later this week. Pending home sales were down and consumer spending flat – so mixed signals regarding the US economy. The problem with this…
Commentary for Friday, Sept 26, 2014 – Gold closed down $7.10 at $1214.10 today so the gold mood is still negative. We continue to whipsaw back and forth around the important $1200.00 mark – this should continue into next week. The dollar continues to rule – The Dollar Index is…
Taste in coins varies among collectors, but any coin that is available in a finite quantity and considered highly desirable is likely to have a fairly high going rate. Age, condition, material used, and durability all play a role in the price of coins and precious metals. The simple economic…