Tag: California Numismatic Investments

Gold Closes Lower then Reverses after Dovish FOMC Comments

Gold Closes Lower then Reverses after Dovish FOMC Comments

Commentary for Wednesday, Oct 8, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $6.40 today at $1205.30 in a market which really cannot make up its mind. It actually traded as high as $1220.00 before reversing itself as oil prices came down – WTI crude oil moved […]

Industry Insider: IRS Reporting Rules for Cash Transactions and Precious Metals

Industry Insider: IRS Reporting Rules for Cash Transactions and Precious Metals

By Richard Schwary – California Numismatic Investments The question of what is reportable when buying or selling precious metals is the most popular of all investor questions today at California Numismatic Investments (www.golddealer.com). And as you can tell by the title this commentary is our third revision at understanding what the government had in mind […]

The latest Gold & Silver PAC Update from Mark Olanoff

The latest Gold & Silver PAC Update from Mark Olanoff

On Thursday afternoon (March 3rd), the House of Representatives voted 314-112 to repeal the 1099 requirement that will go into effect on Jan 1, 2012. The Senate is not likely to take up this legislation. However the disagreement is not over repealing the 1099 requirement it is how to pay for it. When the new […]

Double Your Money in Rare Coins?

Double Your Money in Rare Coins?

By Richard Schwary – California Numismatic Investments Not too long ago I got an interesting Email: “I’m new to rare coins and I would like you to recommend a rare coin. I want to double my money.” The intonation of the rest of the Email caused me to believe this fellow was sincere and looking […]

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