Commentary for Thursday, June 25, 2015 – Gold closed down $1.10 today on the Comex at $1171.50 in very quiet trading. Considering the technical picture for gold is negative it’s interesting to me that this market does not feel “heavy”. Traders for sure are undecided and gold for now is…
Commentary for Wednesday, June 24, 2015 – Gold closed down $3.60 on the Comex today at $1172.60. So we continue to zig-zag – something below $1200.00 – so no new conviction and something higher than $1160.00 so no capitulation. It’s important to note that physical PAMP gold bar sales continue…
Commentary for Tuesday, June 23, 2015 – Gold closed down $7.50 on the Comex today at $1176.20. Gold was lower today but the close of $1176.20 should look familiar – since early March this band of prices between $1180.00 and $1200.00 has been supported technically and by strong physical action…
Collecting coins can be a fulfilling hobby, and you may enjoy a substantial payoff if you put up your gold or silver coins for sale someday. Whether you’re looking for a new hobby or even a new investment opportunity, here’s a few tips for getting started as a coin collector.…
Commentary for Monday, June 22, 2015 – Gold closed down $17.80 today on the Comex at $1183.70 giving up the important $1200.00 mark yet again. This latest weakness in gold is because Germany seems to like Greece’s latest story about debt reduction. This will supposedly lead to resolution in the…
Commentary for Friday, June 19, 2015 – Gold closed unchanged today on the Comex at $1201.50 and was very flat in overnight trading both in Hong Kong and London. A disappointing finish to a promising week so there was not much joy for the momentum players going into this weekend. Actually…
While finding gold and silver coins for sale is an important part of collecting, keeping your collection organized is an equally integral component. Watch this video clip for tips on organizing your gold and silver coins. There are many different ways in which you can organize your gold and silver…
Commentary for Thursday, June 18, 2015 – Gold closed higher by $25.10 on the Comex today, helped by a number of factors. First the usual suspects – the Dollar Index closed yesterday at 94.28 – today range was 93.56 through 94.23 – at this writing we are looking at 94.05…
Commentary for Wednesday, June 17, 2015 – Gold closed down $4.10 on the Comex today at $1176.40 in anticipation of Fed Chair Yellen’s comments. The gold market moved higher by as much as $12.00 ($1188.00) in the after-market so her comments were seen by the trade as dovish. Yellen did…
Precious metals like gold, platinum, and silver bullion have always been regarded as inherently valuable. This makes them a worthwhile investment, but those who are new to the industry may be unsure of which particular metal is the right one to invest in. To help you navigate your options, here’s…