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Archive for: Gold markets

The Coin Analyst: Gold’s New Role in the Global Monetary System and the Euro Zone Crisis

The Coin Analyst: Gold’s New Role in the Global Monetary System and the Euro Zone Crisis

by Louis Golino for CoinWeek….. Knowledge is power when it comes to any kind of investing.  There is probably no area where that is more true than precious metals, where being savvy can make all the difference between success and failure. But... read more »

 

London Gold Market Report

London Gold Market Report

FOMC “Influencing Gold More Than Eurozone”, Extending Operation Twist “May Not Be Sufficient”, Spanish Borrowing Costs Soar The silver price traded in a tight range just below $29 an ounce – 1.7% up on Monday’s... read more »

 

Legend Numismatics Market Report: The June Doldrums

Legend Numismatics Market Report: The June Doldrums

By laura Sperber – Legend Numismatics NO DOLDRUMS HERE! We still do not know what happened in May. No one wanted to do anything and there were so few coins around we started to think about other careers. For us, it was the PRE LB purchases... read more »

 

Gold Jumps Again But Rangebound Below $1640

Gold Jumps Again But Rangebound Below $1640

The WHOLESALE MARKET gold price rose again as New York trading began on Wednesday, extending yesterday’s 1.8% jump to reach $1620 per ounce as new data showed US retail sales falling faster-than-expected in May. Silver bullion recovered... read more »

 

Gold: Foreign Central Banks Versus The US Government

Gold: Foreign Central Banks Versus The US Government

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com An important market shift has occurred, as I expected, that now pits a growing number of foreign central banks against the plans of the US government. The US government,... read more »

 

Gold Falls Following “Bernanke Curve Ball”, US “Lacks Credible Fiscal Plan”

Gold Falls Following “Bernanke Curve Ball”, US “Lacks Credible Fiscal Plan”

WHOLESALE MARKET prices for gold bullion hit a low of $1561 an ounce during Friday’s Asian session – 4.8% down on this week’s high – while stocks and commodities also fell this morning and major government bond prices gained. On... read more »

 

More Behind-The-Scenes Positive Prospects For Higher Gold Prices

More Behind-The-Scenes Positive Prospects For Higher Gold Prices

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com While a lot of attention is focused on European debt problems and the US elections, there are a few developments in the works which bode well for higher gold prices... read more »

 

The Right Time to Buy Gold

The Right Time to Buy Gold

By Barry Stuppler CoinWeek Content Partner …….. I am proud to say that I have been actively trading Gold since President Ford signed legislation that legalized private Gold coin and bar ownership, which took effect December 31,... read more »

 

Toxic Euro Corroding Gold

Toxic Euro Corroding Gold

The Euro has become a very odd, very toxic asset… WHAT’S UP with the gold price? Not a lot. Gold is down, in fact. So is everything else outside the US Dollar and “safe” sovereign debt. “I think what we can expect... read more »

 

The Coin Analyst: Gold and Greece: Latest Developments

The Coin Analyst: Gold and Greece: Latest Developments

by Louis Golino for CoinWeek The issue of Greece’s possible exit from the euro and its impact on the European and world economies is weighing heavily on the minds of political leaders and financial experts. As the prospects for that event... read more »

 

Counterattack by Bulls Sets Up Gold for Weekly Gain

Counterattack by Bulls Sets Up Gold for Weekly Gain

WHOLESALE MARKET gold prices climbed as high as $1594 an ounce during Monday morning’s London trading, jumping 1.5% in the first two hours, while Eurozone stocks looked to have stemmed four days of losses despite Greece and Spain seeing... read more »

 

$1522 Next Target for Gold

$1522 Next Target for Gold

London Gold Market Report from Ben Traynor WHOLESALE MARKET gold bullion prices dipped below $1550 an ounce for the first time since December on Tuesday – a fall of 7% since the start of this month – before regaining some ground by lunchtime... read more »

 

Is The Huge JPMorgan Chase “Derivatives” Loss The Opening Of The Floodgates?

Is The Huge JPMorgan Chase “Derivatives” Loss The Opening Of The Floodgates?

Last Thursday, after US markets had closed, JPMorgan Chase CEO Jamie Dimon disclosed that the bank had absorbed losses in excess of $2 billion from derivatives trading.  Dimon blamed the losses on the failure of the bank’s systems to prevent... read more »

 

Bull Market in Gold Not Over But Speculators Turn Bearish

Bull Market in Gold Not Over But Speculators Turn Bearish

THE PRICE OF GOLD and gold futures dropped yet again Monday morning, recording the seventh drop in nine trading days in May so far as industrial commodities, global stock markets and the Euro currency all sank amid Athens’ failure to negotiate... read more »

 

Stronger Dollar Makes Gold Rally Difficult, Chinese Buyers On the Sidelines

Stronger Dollar Makes Gold Rally Difficult, Chinese Buyers On the Sidelines

WHOLESALE MARKET gold prices touched their lowest level since the first week of January Friday, hitting $1574 an ounce before recovering some ground, while stocks and commodities fell and US Treasury bonds gained, with dealers in major gold... read more »

 

Gold Hits 4-Month Low as Markets Fear Greece

Gold Hits 4-Month Low as Markets Fear Greece

SPOT MARKET gold bullion prices fell to their lowest level in four months during Wednesday morning’s London trading, hitting $1581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and... read more »

 

Fallout From French Elections Just One Of Multiple Financial Shocks Coming In 2012

Fallout From French Elections Just One Of Multiple Financial Shocks Coming In 2012

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com Over the weekend, France and Greece held national elections.  While the media has almost totally ignored the Greek elections, a lot of focus has been put on the election... read more »

 

Former Central Banker Confirms US Government Gold Price Suppression Efforts

Former Central Banker Confirms US Government Gold Price Suppression Efforts

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com Last Sunday, a new study was released.  Titled “Dr. Zijlstra’s Final Settlement:  Gold as the Monetary Cosmos’ Sun,” it was written by Dutch economist Jaco... read more »

 

Gold Breaks 3-Month Rule for 1st Time in 11 Years

Gold Breaks 3-Month Rule for 1st Time in 11 Years

Last time gold fell for 3 months running was March 2001. And so…? IT HAD BECOME so rare, you could take its absence for granted to buy gold on the cheap. Between March 2001 and April 2012, the price of gold never fell for 3 months in succession.... read more »

 

Another Reason To Avoid Precious Metal ETFs—Complex Tax Reporting

Another Reason To Avoid Precious Metal ETFs—Complex Tax Reporting

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com I have previously expressed concerns about owning precious metals exchange traded funds (ETFs) because of the possibility that some of the assets have multiple claims... read more »

 
 
 
 
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