Tag: Gold markets

Gold Markets Firm – Are You an Optimist or Pessimist?

Gold Markets Firm – Are You an Optimist or Pessimist?

Commentary for Tuesday, May 16, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $6.40 at $1,236.40 today. The gold market continues to attract minor attention – I say minor because most investors are still looking at stocks as investor “fear” has exited the theater. This […]

Gold Markets Report – Gold Closes at a Seven Week Low

Gold Markets Report – Gold Closes at a Seven Week Low

Commentary for Tuesday, May 9, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $11.00 at $1,216.10 as momentum selling returns and the price of gold makes new recent lows. The domestic market broke down on the open and we did not catch much of a […]

CoinWeek News Wire for May 5, 2017

CoinWeek News Wire for May 5, 2017

By Coinweek ….   CoinWeek News Wire for May 5, 2017 Brain Food 1.) The Krugerrand: Half a century as a store of value The renowned Krugerrand – dubbed the world’s first, most successful and widely-traded gold bullion coin – this year celebrates 50 years since its first minting. It was mainly created to add […]

Bullion & Precious Metals: Gold Dealer Newsletter – Gold Weakens, Silver Eagle Monster Box Sales Down

Bullion & Precious Metals: Gold Dealer Newsletter – Gold Weakens, Silver Eagle Monster Box Sales Down

Commentary for Monday, May 1, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $12.80 at $1,255.50 in another defensive round. It actually opened rather flat which has been the case lately – pitched higher and then reversed itself testing the $1,254.00 level before catching much […]

Gold & Silver Markets – Gold Pushes Higher

Gold & Silver Markets – Gold Pushes Higher

Commentary for Tuesday, March 21, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $12.50 today at $1,246.50 as the updraft continues. Gold has remained firm because generally the dollar has trended somewhat lower since last Wednesday. Last week the Dollar Index was happy between 101.00 […]

Gold and Silver Market Report – A Rate Hike and a Surprise

Gold and Silver Market Report – A Rate Hike and a Surprise

Commentary for Wednesday, March 15, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $1.90 at $1,200.70 – the gold market being closed by the time Janet Yellen talked about the FOMC expected 0.25 point rate hike. The interesting part of this story and the real […]

Gold & Silver Market – Gold Flirts with the 200 DMA

Gold & Silver Market – Gold Flirts with the 200 DMA

Commentary for Tuesday, February 27, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $0.50 at $1,258.80 USD on Monday, which was a bit of a disappointment considering the early gold & silver market traded nicely above gold’s 200-Day Moving Average ($1,261.00) before settling almost unchanged. […]

Precious Metals Markets – Gold Continues to Hold Steady

Precious Metals Markets – Gold Continues to Hold Steady

Commentary for Tuesday, February 21, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed virtually unchanged today down $0.20 at $1,238.90. It lost ground in early trading and at one point reaching $1,227.00 before turning around – gaining back its lost ground despite a strong Dollar Index […]

Gold Markets – Gold Continues to Rise

Gold Markets – Gold Continues to Rise

Commentary for Thursday, February 16, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $8.50 at $1,241.60 today. This looks like one of those typical days when the dollar moves lower and gold moves higher. The Dollar Index closed yesterday at 101.09 and today is trading […]

Gold and Silver Markets – Gold Settles for Quiet Weekly Finish

Gold and Silver Markets – Gold Settles for Quiet Weekly Finish

Commentary for Monday, February 6, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $1.40 at $1,220.80 USD on Friday and is higher by $32.40 on the week. My concern last week over price follow-through remains in place but it is nice to see that gold […]

Guest Commentary – U.S. Dollar Destined to Move Higher

Guest Commentary – U.S. Dollar Destined to Move Higher

By Dr. Richard S. Appel – UniqueRareCoins.com ……   As counter-intuitive as it may seem to many, I believe the world-wide desirability to own the much, maligned U.S. Dollar is destined to rise. To my mind, the recent upside break-out of the U.S Dollar Index is a major event and confirms my belief. It is […]

Gold and Silver Markets – Gold Closes Lower

Gold and Silver Markets – Gold Closes Lower

Commentary for Tuesday, December 20, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $9.10 today at $1,133.60 in choppy trading. The gold and silver markets closed weaker because the dollar pushed higher in early trading. The Dollar Index closed yesterday at 103.13 and reached a […]

Gold Markets Report – Gold Weakens in the FOMC Aftermarket

Gold Markets Report – Gold Weakens in the FOMC Aftermarket

Commentary for Friday, December 15, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $4.70 at $1,163.70 but keep in mind this close happened before the FOMC announced its expected ¼ point increase in interest rates. So basically this market closed on an upbeat note perhaps because […]

By December 15, 20160 Comments Read More →
SAFE Collecting Supplies Talks About Gold and President Trump

SAFE Collecting Supplies Talks About Gold and President Trump

By SAFE® Collecting Supplies ……   “Regardless of your political position, there’s no denying that the markets are a thing to keep an eye on these days,” said Kurt Braun, founder and president of SAFE® Collecting Supplies. * * * Gold, Gold, Gold Last month’s political pendulum took an unexpectedly sharp right turn, and thus […]

By December 13, 20160 Comments Read More →
Gold Markets – Gold Modestly Firm but Interesting Plus Black Money in India

Gold Markets – Gold Modestly Firm but Interesting Plus Black Money in India

Commentary for Monday, December 12, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $3.90 at $1165.80 – not much but it could be important. An interesting price pattern in gold today considering this Tuesday and Wednesday will be dominated by the latest FOMC information including […]

By December 12, 20160 Comments Read More →
Bullion & Precious Metals Commentary – Bear Market in Gold Resumes

Bullion & Precious Metals Commentary – Bear Market in Gold Resumes

By Dr. Richard S. Appel – UniqueRareCoins.com ……   When gold rose from its 1,046 low last December, it was accompanied by motivating articles written by a plethora of excited gold analysts. Many of them unequivocally stated that gold’s long, grueling Bear Market had ended, and a new great Bull Market had begun. One after […]

Gold Bullion Markets Report – Gold Rattled by Durable Goods Number

Gold Bullion Markets Report – Gold Rattled by Durable Goods Number

Gold Bullion Markets Commentary for Wednesday, November 23, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $21.90 at $1,189.30. So we have breached the important support at $1,200.00 – not exactly unexpected as we have been saying but time will be needed to see just […]

By November 23, 20160 Comments Read More →
Gold Markets Report – Gold Again Loses Ground to the Dollar

Gold Markets Report – Gold Again Loses Ground to the Dollar

Gold Markets Commentary for Thursday, November 18, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $8.00 at $1,208.50 USD today so on the week gold has lost $10.60 with a top to bottom spread of $15.50. This market continues weak as the dollar again moves […]

Gold Markets Report – Gold Fights Against a Strong Dollar

Gold Markets Report – Gold Fights Against a Strong Dollar

Gold Markets Commentary for Monday, November 14, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $2.80 today at $1,219.10. Well so much for my feeling Friday that gold markets were oversold – I was sure we would see a bounce to higher ground today. The […]

By November 15, 20160 Comments Read More →
Gold Markets Commentary – The Trump Effect on Gold – No one really knows.

Gold Markets Commentary – The Trump Effect on Gold – No one really knows.

Commentary for  November 10, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $10.40 today at $1264.90. Gold is weak today because the dollar is higher – the Dollar Index moved from 98.25 to 99.25 today before settling somewhat. So let me ask you a question […]

By November 11, 20160 Comments Read More →
Gold Markets – Gold Lower on Election News

Gold Markets – Gold Lower on Election News

Commentary for Monday, November 7, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold price closed down $23.90 today at $1278.30 in a surprise move to the downside – giving up most of last week’s $30.00 advance. It’s true that gold price is softer and stocks rallied because of […]

Gold Markets Report – Gold Moves Higher – On Politics?

Gold Markets Report – Gold Moves Higher – On Politics?

Commentary for Friday, October 28, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $7.30 today at $1,272.30 and got a political kick in the pants in the aftermarket which pushed prices up another $7.00 looking at $1,280.00. So just when you thought it was safe […]

Gold Market Report – Gold Holds Modest Gains

Gold Market Report – Gold Holds Modest Gains

Commentary for Thursday, October 27, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $2.90 at $1,265.00. The overnight market in gold was generally supportive moving higher by a couple of dollars in both Hong Kong and London but the US market broke down that same […]

Gold Markets Report – Gold Breaks Down

Gold Markets Report – Gold Breaks Down

Commentary for Tuesday, October 4, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closes down $43.00 at $1,265.20 in the biggest rout we have seen in four months. And like I said Monday – the mood has turned slightly pessimistic so let’s look at the moving averages […]

Gold Market Report – Gold Gives up Early Gains in a Nose Dive

Gold Market Report – Gold Gives up Early Gains in a Nose Dive

Commentary for Friday, August 12, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $6.70 on the Comex today at US$1,335.80 – what a roller coaster ride this turned out to be. Gold moved dramatically higher in price on the open – at one time trading […]

Gold Markets Report – Gold Closes Strong on BOJ News

Gold Markets Report – Gold Closes Strong on BOJ News

Commentary for Friday, July 29, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …..   Gold closed up $16.50 today on the Comex at US$1,350.30. This is the highest level gold has seen this week – the lowest close being $1,319.30 – the spread being $31.00. The gold markets got […]

Bullion & Precious Metal News – Why Islamic Gold Demand May Surge

Bullion & Precious Metal News – Why Islamic Gold Demand May Surge

Islamic Gold Dinar By Everett Millman – Gainesville Coins …….   One major development in the global gold market over the last decade has been the liberalization of gold ownership laws in China. This has opened up an incredible flood of new demand for precious metals from the world’s most populous country. There’s still another […]

Gold Markets Report – Gold Closes Higher into the Long Weekend

Gold Markets Report – Gold Closes Higher into the Long Weekend

Commentary for Friday, July 1, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $17.40 on the Comex today at $1,335.80 with highs on the day above $1,340.00 before the settle. Today’s move is again surprising – we are actually showing some footing above $1,300.00 without […]

Gold Markets Report – Gold Surges over Disappointing Jobs Number

Gold Markets Report – Gold Surges over Disappointing Jobs Number

Commentary for Friday, June 3, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $30.90 on the Comex today at $1240.70 so it continues to surprise. Of course the reason gold popped to the upside was the dismal jobs’ number. This was not what Janet Yellen […]

Bullion Shark Analysis: Will the Federal Reserve Raise Rates?

Bullion Shark Analysis: Will the Federal Reserve Raise Rates?

The Federal Reserve spooked gold and silver markets this week once again with talks about a rate hike in June if economic conditions do not deteriorate. Even though multiple economic indicators have pointed to a slowing U.S. economy, the Federal Reserve members did not see this as something of much concern or something that would […]

 
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