Tag: Gold market

The Gold Market Newsletter – Gold Closes Higher and Loses its Mojo in the Aftermarket

The Gold Market Newsletter – Gold Closes Higher and Loses its Mojo in the Aftermarket

Commentary for Wednesday, October 28, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $11.10 on the Comex today at $1177.10 and then reverses direction in the “aftermarket” in a wild trading session which left everyone confused.  It’s funny how everyone is fixated on what the Federal Reserve […]

CoinWeek Bullion Report – October 3, 2015 – Video: 3:04

CoinWeek Bullion Report – October 3, 2015 – Video: 3:04

CoinWeek takes a look at spot prices for gold and silver bullion over the course of the past week and looks into the news that effects the precious metals market. More news and information about precious metals and coins can be found every day at CoinWeek.com. Copyright © CoinWeek October 2015 COINWeek is the most advanced independent on-line […]

Citibank Calls for Helicopter Money Drops across Globe

Citibank Calls for Helicopter Money Drops across Globe

By Stefan Gleason – Money Metals Exchange….   A quietly panicking Janet Yellen and the Federal Open Market Committee (FOMC) decided the U.S. economy still isn’t ready for an interest rate hike last week and left the Fed funds rate at essentially zero – the same level to which the Fed’s credibility has now sunk. […]

By September 25, 2015 0 Comments Read More →
Gainesville Coins Weekly Update – July 24, 2015

Gainesville Coins Weekly Update – July 24, 2015

ABSTRACT: Amid continued risk-off sentiment in the markets following an easing of geopolitical tensions, the precious metals sunk even further this week. The attention of investors, however, turns to the likelihood of an increase to the federal funds rate in September. Stock indices in the U.S. slumped on mixed corporate earnings data, while a strong […]

Gainesville Coins Weekly Update – July 12, 2015

Gainesville Coins Weekly Update – July 12, 2015

ABSTRACT: The global markets had nowhere to go but up this week following a rout that carried over to at least Wednesday before reversing direction. Despite this modest recovery, investors remain uncertain about the health of the Chinese equities market and the potential for Greece to reach a new deal with its creditors by Sunday’s […]

Gainesville Coins Weekly Update – July 4, 2015

Gainesville Coins Weekly Update – July 4, 2015

ABSTRACT: Given Greece’s debt quagmire and China’s equity bubble seemingly popping, the global markets tried to negotiate through a wave of negative momentum this week. U.S. markets were buoyed by encouraging employment and housing data, while the precious metals diverged, with platinum and silver advancing while gold and palladium slipped lower. ====================== GOVERNMENT & POLICY […]

Federal Open Market Committee Again Deceives The Public

Federal Open Market Committee Again Deceives The Public

By Pat Heller – Liberty Coin Service   Last Wednesday, the Federal Open Market Committee (FOMC) ended its latest regularly-scheduled two-day meeting. While the rest of the world waited breathlessly to hear what the concluding announcement would say, my media pronouncement the day before accurately explained what the statement would contain. In the announcement, the […]

Gainesville Coins Weekly Update – June 25, 2015

Gainesville Coins Weekly Update – June 25, 2015

  Undulating sentiment regarding the chances of a Greek default or a new bailout deal dominated the headlines yet again this week, swinging from optimism to despair and back again in the course of just a few days. Aside from volatility in Greece and a sharp correction in the Chinese markets, stocks, bonds, and commodities […]

Gainesville Coins Market Update: June 1-5, 2015

Gainesville Coins Market Update: June 1-5, 2015

ABSTRACT: The current rout in the bond markets continued into its sixth week with rapidly rising yields and increased volatility in government bonds. Despite the outflow of funds from the typical safety net of government-issued debt, both stocks and commodities like crude oil and precious metals tracked lower throughout the week. =========================== GOVERNMENT & POLICY […]

The Gold Newsletter – Gold Once Again Weakens over Dollar Strength

The Gold Newsletter – Gold Once Again Weakens over Dollar Strength

Commentary for Tuesday, May 26, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed down $17.10 at $1187.20 on the COMEX today – saying good-bye to last Friday’s close of $1204.30 and throwing any short-term support at $1200.00 overboard. This latest weakness in gold is all about dollar […]

The Coin Analyst: India Proposes New Gold Bullion Coin, Monetization Plan

The Coin Analyst: India Proposes New Gold Bullion Coin, Monetization Plan

The Coin Analyst – CoinWeek.com   India has proposed plans to monetize gold, and a new national bullion coin program is in the works. On February 18, 2015, the Central Bank of India lifted its ban on the import of gold coins and medallions. While restrictions still prevent Indian banks from selling gold coins and […]

Gainesville Coins Market Update: May 18-22, 2015

Gainesville Coins Market Update: May 18-22, 2015

By Gainesville Coins….   It was a largely flat week for equities as trading volumes dropped ahead of the holiday weekend in the U.S. Large investors seem to be staying on the sidelines in the stock market, while the bond market remains uncertain after last week’s sell-off. The precious metals gave back much of last […]

Precious Metals Market Report: Gold Slides 0.2% on Reported Greek Accord

Precious Metals Market Report: Gold Slides 0.2% on Reported Greek Accord

by Bill Musgrave – American Gold Exchange Gold slid 0.2% to close just under $1,205 as indications that EU finance ministers are nearing a bailout agreement with Greece diminished safe-haven demand. The metal fell 1.8% on the week despite support from dovish FOMC minutes, released on Wednesday. Reports are circulating that Eurozone officials and Greece have […]

By February 23, 2015 0 Comments Read More →
Gold Newsletter – Gold’s Momentum Stopped by Profit Taking

Gold Newsletter – Gold’s Momentum Stopped by Profit Taking

Commentary for Wednesday January 7th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $8.70 at $1210.60 on short term profit taking and a stronger US dollar. And the rebound in equities took away some of the tension created with a lower DOW and a troubled European Union. […]

Precious Metals Market Report: Gold slips 0.2% on revised GDP – December 23, 2014

Precious Metals Market Report: Gold slips 0.2% on revised GDP – December 23, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold dipped 0.2% to settle at $1,178 as upward revisions to U.S. economic growth boosted the dollar and reduced demand for alternative assets. GDP in the U.S. grew 5% from July through September, the Commerce Department said today, rather than the 3.9% previously reported, for the strongest […]

By December 24, 2014 0 Comments Read More →
Precious Metals Market Report:  Gold drops 1.4% as oil tumbles – December 22, 2014

Precious Metals Market Report: Gold drops 1.4% as oil tumbles – December 22, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Austin — Gold dropped 1.4% to close under $1,180 as lower oil prices and upbeat U.S. economic data eroded its safe-haven allure. Crude tumbled 3.2% after Saudi oil minister Ali Al-Naimi reaffirmed that OPEC will not cut production. Oil has dropped more than 20% in recent […]

By December 23, 2014 0 Comments Read More →
Precious Metals Market Report: Gold loses 1.1% in volatile trade – December 16, 2014

Precious Metals Market Report: Gold loses 1.1% in volatile trade – December 16, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold fell 1.1% to close below $1,195 in a day of volatile trade. After rising to $1,213 early in the session on safe-haven buying in response to Russia’s panicked attempt to support the ruble, the metal then slipped as low as $1,188 as falling oil prices […]

By December 17, 2014 0 Comments Read More →
Precious Metals Market Report: Gold scores 2.6% weekly rise – December 12, 2014

Precious Metals Market Report: Gold scores 2.6% weekly rise – December 12, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold edged slightly lower on profit-taking, holding above $1,224 and finishing the week 2.6% higher as investors sought safety from slowing global growth and plunging equities. It was the metal’s biggest weekly rise in more than two months. China’s economy weakened in November, with demand, factory […]

By December 12, 2014 0 Comments Read More →
Precious Metals Market Report: Gold slides 1.4% after strong jobs report – December 5, 2014

Precious Metals Market Report: Gold slides 1.4% after strong jobs report – December 5, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange   Gold slid 1.4% to close just over $1,190 after a surprisingly strong jobs report triggered speculation that the Fed may raise interest rates sooner than expected. Despite the pullback, gold finished the week 1.3% higher. U.S. nonfarm payrolls added 321,000 jobs in November, the most in […]

By December 5, 2014 0 Comments Read More →
Precious Metals Market Report: Gold gains 0.8% with rising oil – December 3, 2014

Precious Metals Market Report: Gold gains 0.8% with rising oil – December 3, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold forged back above $1,200, gaining 0.8% to close near $1,209, as a rally in oil prices and disappointing jobs data boosted demand for the metal as a store of value. Crude oil jumped 0.6% after an official report showed U.S. inventories have fallen more than expected. […]

Precious Metals Market Report:  Gold Slips Under $1,200 as Dollar Rallies – December 2, 2014

Precious Metals Market Report: Gold Slips Under $1,200 as Dollar Rallies – December 2, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold slipped 1.5% to settle just under $1,200, surrendering less than half of yesterday’s 3.6% surge, as a sharply higher dollar and lower oil reduced demand for alternative stores of value. The ICE dollar index jumped to its highest level since March 2009 as softer economic conditions in […]

By December 2, 2014 0 Comments Read More →
A Conversation with Steve Forbes: U.S. Must Implement A New Gold Standard To Right The Economy

A Conversation with Steve Forbes: U.S. Must Implement A New Gold Standard To Right The Economy

By Anthem Hayek Blanchard – Anthem Vault “A return to gold-based money is not yet front and center on the national agenda. The policy establishment still dismisses it as radical. But history has shown time and time again that great social changes begin as seemingly radical ideas.” – Steve Forbes, Money. In his latest book, […]

Precious Metals Market Report: Gold Edges Up On Softer U.S. Data – November 25, 2014

Precious Metals Market Report: Gold Edges Up On Softer U.S. Data – November 25, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold edged up 0.1% to close above $1,197 as soft U.S. economic data weighed on the dollar and boosted the metal’s appeal as an alternative store of value. Consumer confidence fell unexpectedly in November, with Americans feeling less optimistic about job prospects and business conditions heading into […]

By November 25, 2014 0 Comments Read More →
The Swiss Gold Initiative: A Grassroots Movement with Gold Market Implications

The Swiss Gold Initiative: A Grassroots Movement with Gold Market Implications

by Dana Samuelson – American Gold Exchange On Sunday, the citizens of Switzerland will cast a historic vote to determine how their government will maintain its future financial health. The referendum is known as the Swiss Gold Initiative. Its tacit goal is to lower government debt and support the Swiss franc by returning to traditional Swiss values […]

By November 25, 2014 0 Comments Read More →
Precious Metals Market Report: Gold jumps 1.2% as PPI hits dollar – November 18, 2014

Precious Metals Market Report: Gold jumps 1.2% as PPI hits dollar – November 18, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold jumped 1.2%, closing at $1,197 after briefly topping $1,200, as weak U.S. wholesale inflation and upbeat sentiment in Germany undermined the dollar and boosted demand for alternative stores of value. The metal has now gained in three of the last four sessions, rising 3.3% since […]

By November 18, 2014 0 Comments Read More →
Precious Metals Market Report: Gold dips 0.2% on dollar, Draghi – November 17, 2014

Precious Metals Market Report: Gold dips 0.2% on dollar, Draghi – November 17, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Austin — Gold dipped 0.2% to close at $1,183.50, holding on to most of Friday’s 2.1% surge, as a rebound in the dollar reduced demand for alternative stores of value. The dollar rose near a five-year high against a basket of major rivals after Mario Draghi said the ECB […]

By November 17, 2014 0 Comments Read More →
Precious Metals Market Report: Gold surges 2.1% on oil, OPEC view – November 14, 2014

Precious Metals Market Report: Gold surges 2.1% on oil, OPEC view – November 14, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold surged 2.1% to close at a six-week high above $1,185 on speculation that OPEC may cut production, boosting demand for the metal as a hedge against higher oil prices. Gold initially dropped in early trade after reports that U. S. consumer sentiment hit a seven-year high last […]

By November 14, 2014 0 Comments Read More →
Gold Market Newsletter : Gold Closes Again Choppy Capped by Lower Oil

Gold Market Newsletter : Gold Closes Again Choppy Capped by Lower Oil

Commentary for Thursday, Nov 13th, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed up $2.20 at $1161.10 edging somewhat higher but probably capped by lower oil prices. Saudi Arabia continues to pump disregarding lower prices and a weakening European picture. With this scenario you might wonder what they […]

Precious Metals Market Report: Gold Slips 0.3% as Dollar Rallies – November 12, 2014

Precious Metals Market Report: Gold Slips 0.3% as Dollar Rallies – November 12, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold slipped 0.3% to close under 1,160 as an uptick in the dollar diminished demand for alternative store of value. The ICE Dollar Index rebounded by 0.3%, helped by a tumbling British pound after the Bank of England lowered its quarterly inflation forecast, pushing the prospect […]

By November 12, 2014 0 Comments Read More →
Precious Metals Market Report: Gold gains on dollar, physical buying – November 11

Precious Metals Market Report: Gold gains on dollar, physical buying – November 11

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold picked up 0.3% in thin trade to close at $1,163, then added another $5 after hours as a softer dollar and rising physical demand in Asia and Europe boosted the metal. As Japan struggles with persistent disinflation and crumbling consumer sentiment, Prime Minister Shinzo Abe suggested […]

By November 11, 2014 0 Comments Read More →
 
LLC. Copyright © 2016 All rights reserved. No portion of this site may be reproduced or copied without Written Permission
PO Box 916909 Longwood, Florida 32791-6909 | Office Hrs M-S 7:00AM-7:00PM | Toll Free: 800-579-5228 | Email:news@coinweek.com

ABOUT COINWEEK | ADVERTISING | WEEKLY COIN GIVEAWAY | CONTRIBUTE ARTICLES | NEWSLETTER | TERMS OF USE
Real Time Analytics