Investing and trading in gold coins is a smart way to handle your money. The Australian Lunar Gold Coin Series offers a unique appeal that cannot be found in other options. Keep reading to learn more about these coins and why you should invest in them: Almost Two Decades of…
Commentary for Friday, March 7, 2014 (www.golddealer.com) – Gold closed down $13.60 at $1338.10 on positive economic news. Expectations for new jobs created in February were 150,000 and the actual number exceeded expectations (175,000). The average reader might say “So what?” and you would be correct for my money but…
At California Numismatic Investments, we understand that the world of buying and selling coins and bullion can be confusing for a newcomer. With our Ask An Expert service, we make it easy to find out the answers to your most pertinent questions: Our blog gives you the answers to issues…
Commentary for Thursday, March 6, 2014 (www.golddealer.com) – Gold closed higher today up $11.50 at $1351.70 regaining some Mojo as the dollar moved lower. This most recent push in gold surpasses highs seen Monday on news of Russian troop movement. It is a stretch to see a continued weaker dollar…
Commentary for Wednesday, March 5, 2014 (www.golddealer.com) – Gold closed up $2.40 at $1340.20 in a very quiet trading session. And it’s really amazing how the gold market is now ignoring recent Russian aggression. The ADP payroll results disappointed, probably because of poor weather but there are some who believe…
Commentary for Tuesday, March 4, 2014 (www.golddealer.com) – Gold closed down $12.30 today at $1337.80 so my original assessment about the Russian troop problem was correct and yesterday’s gains based on an improbable outcome. Putin did say however that he reserves the right to use force in the Ukraine so…
The government has certain requirements about reporting the bullion products that you buy and sell. The next time you go to California Numismatic Investments, remember the following reporting rules: If you sell private silver bullion to the dealer, you are 1099 exempt for the IRS. This includes U.S. silver eagle…
Commentary for Monday, March 3, 2014 (www.golddealer.com) – Gold closed up $28.70 at $1350.10 and continues to be headline driven as tensions grow between the Ukraine and Russia. At this point Russian troops are organizing on the Ukrainian border but no fighting has been reported and it seems unlikely the…
Commentary for Friday, Feb 28, 2014 – Gold drifted lower into the weekend down $10.20 at $1321.40. Lower prices are a combination of short-term profit taking and a semi-reversal of trading sentiment after the market failed to move higher on expectations. But even with all the commotion gold only finished down…
Commentary for Thursday, Feb 27, 2014 – Gold closed up $3.60 at $1331.60 in trading pushed by the Yellen comments assuring everyone that quantitative easing will remain in place and that the Fed remains “vigilant”. Tension in the Ukraine provides some safe-haven buying and this morning the newly formed government…