Tag: Precious Metals

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 […]

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 […]

The Gold Newsletter – Gold Catches a Cold – the Dollar Roars Reacting to EU Front-Load

The Gold Newsletter – Gold Catches a Cold – the Dollar Roars Reacting to EU Front-Load

Commentary for Tuesday, May 19, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed down $20.90 at $1206.90, putting the brakes on its most recent move to the upside within its current trading range. So gold came down with a case of the sniffles today for two reasons. […]

Gainesville Coins Market Update: May 11-15, 2015

Gainesville Coins Market Update: May 11-15, 2015

By Gainesville Coins….   The dollar pulled back from its recent bull run, helping both crude oil prices and precious metals advance. Equities were mostly sideways this week as economic indicators in the U.S. continued to disappoint. GOVERNMENT & POLICY The Price Tag for Bad Behavior by Big Banks There are certain forms of crime, […]

The Gold Newsletter – Gold Higher as the Dollar Fades after a Miss in US Retail

The Gold Newsletter – Gold Higher as the Dollar Fades after a Miss in US Retail

Commentary for Wednesday, May 13, 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed surprisingly higher today up $25.50 on the Comex to a more respectable $1218.40. This after yesterday’s push to the upside of $9.40 is happy news but let’s not count our chickens just yet. This […]

The Gold Newsletter – Gold Can’t Get Started Even with a Rate Cut by China

The Gold Newsletter – Gold Can’t Get Started Even with a Rate Cut by China

Commentary for Monday, May 11, 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed down $5.90 today on the Comex at $1183.20. There was some early upside movement after the announcement that China would cut its lending rate by a ¼% but their attempt at fine-tuning their staggering […]

The Gold Newsletter – Gold Sadly Moves to Six-Week Lows

The Gold Newsletter – Gold Sadly Moves to Six-Week Lows

Commentary for Friday  April 24th , 2015 (www.golddealer.com   By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $19.20 on the Comex today at $1175.20. The market got weaker overnight in London and Hong Kong and the downward move accelerated in the domestic market. I don’t know what to makes […]

The Gold Newsletter – Gold Sinks as Home Sales Vault to 18-Month High

The Gold Newsletter – Gold Sinks as Home Sales Vault to 18-Month High

Commentary for Wednesday  April 22nd , 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed down $16.00 at $1186.90 on solid home sales data indicating the economy may be back on track after some data setbacks created by the winter cold snap. So we are now trading significantly […]

The Gold Newsletter – Gold Remains off Balance

The Gold Newsletter – Gold Remains off Balance

Commentary for Tuesday  April 14th , 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $6.50 at $1192.80 on the Comex today. This pressure remains in place primarily because of dollar strength but the Dollar Index today sold off moving from the 99.50 range to around 98.50 on […]

The Gold Newsletter – Gold Moves Higher on the Anticipated Short-Covering Rally

The Gold Newsletter – Gold Moves Higher on the Anticipated Short-Covering Rally

Commentary for Friday  April 10th , 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $11.00 on the Comex today at $1204.60. This was the short-covering bounce I expected yesterday and more importantly gold was firm in the face of a stronger dollar. The dollar this week was […]

The Gold Newsletter – Gold Weaker – Dollar Firm – FOMC Split – A Mixed Bag

The Gold Newsletter – Gold Weaker – Dollar Firm – FOMC Split – A Mixed Bag

Commentary for Wednesday  April 8th , 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed down $7.50 at $1203.10 and the minutes of the latest Federal Open Market Committee are released to the public. The FOMC continues to mule over our current economic recovery. But you might think […]

The Gold Newsletter – Gold Surges over Jobs Disappointment

The Gold Newsletter – Gold Surges over Jobs Disappointment

Commentary for Wednesday  April 1st , 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold surged today up $25.00 on the Comex to close at $1208.10. This was a surprise even to insiders – although there has been some positive talk as the technical price picture for gold improves. The […]

Gainesville Coins Market Update: March 23-27

Gainesville Coins Market Update: March 23-27

It was a solid week for the precious metals, which all advanced (excepting palladium) on mounting geopolitical risks and deceptive rhetoric from the Federal Reserve. Equities in the U.S., Europe, and even Asia pulled back this week on uncertainty over the strength and health of the global economy. By Gainesville Coins…. GOVERNMENT & POLICY The […]

GoldDealer Newsletter – Gold Moves higher for the 7th Day as the Saudi’s Strike Yemen

GoldDealer Newsletter – Gold Moves higher for the 7th Day as the Saudi’s Strike Yemen

Commentary for Thursday  March 26th , 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.….   Gold closed up $7.80 at $1205.10 as safe haven buying increased over Middle East tensions. Saudi and coalition forces directed airstrikes against Yemen in an attack directed against Iranian backed rebels. There was some concern […]

The Gold Newsletter – Gold Shows Continued Modest Gains

The Gold Newsletter – Gold Shows Continued Modest Gains

Commentary for Wednesday  March 24th , 2015 (www.golddealer.com)   By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed up $3.70 on the Comex today at $1191.70 which makes for higher prices for the 5 th day in a row. Foreign physical demand is solid as India gets back into the game. […]

Units of Meaure for Precious Metals

Units of Meaure for Precious Metals

Units of Measure The precious metals industry uses the troy ounce as its basic unit of measure, even in countries who have adopted the metric system. A troy ounce is heavier than the more common avoirdupois ounce. The tables below list conversion rates between a troy ounce and other common units of mass, with abbreviations […]

By March 23, 2015 1 Comments Read More →
Gold Market Newsletter – Gold Steady before Fed Comments – Higher After Yellen Explains

Gold Market Newsletter – Gold Steady before Fed Comments – Higher After Yellen Explains

Commentary for Wednesday  March 18th , 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed steady on the Comex today up $3.10 at $1151.40. But as Fed Chair Yellen explained the reasoning behind the Fed action gold moved higher by as much as $25.00 in the aftermarket. The FOMC […]

Gold Market Newsletter – Gold Closes Virtually Unchanged into the Weekend

Gold Market Newsletter – Gold Closes Virtually Unchanged into the Weekend

Commentary for Friday  March 13th , 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed virtually unchanged today on the Comex up $0.50 at $1152.60 and overnight trading in both Hong Kong and London was only slightly higher so gold looks quiet and sleepy. On the week gold was […]

Gold Market Newsletter : Gold Closes Lower as the Dollar Strengthens

Gold Market Newsletter : Gold Closes Lower as the Dollar Strengthens

Commentary for Wednesday March 10th , 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold moved lower today on the Comex down $6.30 to close at $1160.10. So yesterday’s small gain was indeed a dead cat bounce – and this close was the cheapest gold has traded this year. Weakness […]

The Gold Newsletter – Gold Moves Lower Against the Dollar – Again

The Gold Newsletter – Gold Moves Lower Against the Dollar – Again

Commentary for Wednesday March 4th , 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed off $3.70 on the Comex today at $1200.60 as the dollar surged against the euro. The Dollar Index numbers are impressive trading from a low of 95.32 to a high of 96.06 and finally […]

The Gold Newsletter – Gold Moves Higher Despite a Stronger Dollar

The Gold Newsletter – Gold Moves Higher Despite a Stronger Dollar

Commentary for Wednesday February 26th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed higher again today on the Comex up $8.60 at $1209.60 even though the dollar reached a monthly high against the euro. This from Market Watch – “Core CPI rose 0.2% in January, beating a consensus […]

By February 26, 2015 0 Comments Read More →
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 →
The Gold Newsletter – Gold Moves Higher but Remains Unconvincing

The Gold Newsletter – Gold Moves Higher but Remains Unconvincing

Commentary for Thursday February 19th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed up $7.40 on the Comex today at $1207.10. It’s still holding the important $1200.00 level but the price action remains subdued – in overnight trading (Hong Kong and London) gold moved above the $1220.00 mark […]

The Gold Newsletter – Gold Continues Weak – the Dollar Strong

The Gold Newsletter – Gold Continues Weak – the Dollar Strong

Commentary for Wednesday February 11th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $12.60 on the Comex today at $1219.00 reacting to a stronger dollar and a negative technical picture. The overnight gold market was actually quiet in Hong Kong and London – and the domestic market […]

By February 12, 2015 0 Comments Read More →
Dillon Gage Introduces New Index to Trade Precious Metals. VIDEO: 2:25

Dillon Gage Introduces New Index to Trade Precious Metals. VIDEO: 2:25

John Humphrey, Dillon Gage Digital Metals Interviewer: David Lisot, CoinWeek.com…… Dillon Gage has a created way to trade in gold,silver, platinum and palladium simultaneously. John Humpfrey of Digital Metals explains how this new service will benefit purchases of precious metals. Copyright © CoinWeek January 2015 2015 FUN SHOW – Orlando Florida: The Florida United Numismatists […]

By February 10, 2015 0 Comments Read More →
Dillon Gage Unveils “Spots in a Box” at FUN Convention. VIDEO: 1:23.

Dillon Gage Unveils “Spots in a Box” at FUN Convention. VIDEO: 1:23.

John Humphrey, Dillon Gage Digital Metals Interviewer: David Lisot, CoinWeek.com ……. Dillon Gage has announced a new way for dealers to have spot bullion prices delivered to them. John Humpfrey explains how “Spots in a Box” will to keep you informed about the prices of gold, silver, platinum and palladium. Copyright © CoinWeek January 2015 […]

By February 2, 2015 0 Comments Read More →
Gold Market Newsletter – Gold Fails the Test Moving Lower over Higher Interest Rate Expectation

Gold Market Newsletter – Gold Fails the Test Moving Lower over Higher Interest Rate Expectation

Commentary for Thursday January 29th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold on the Comex today closed down $31.30 at $1254.60. This sharp move to the downside was not unexpected but the trigger was interesting considering the FOMC did a nice job of tiptoeing around the interest rate […]

Dillon Gage Offers “Trader Direct” Along with FizTrade. VIDEO: 2:41

Dillon Gage Offers “Trader Direct” Along with FizTrade. VIDEO: 2:41

John Humphrey, Dillon Gage Digital Metals Interviewer: David Lisot, CoinWeek.com ……. Dillon Gage has a created a platform that allows dealers to offer their clients direct assess the FizTrade trading platform. John Humpfrey of Digital Metals explains how this service will make precious metals easier. Copyright © CoinWeek January 2015 2015  FUN SHOW – Orlando […]

The Gold Market Newsletter – Gold Moves Higher on a Weaker Dollar

The Gold Market Newsletter – Gold Moves Higher on a Weaker Dollar

Commentary for Tuesday January 27th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold on the Comex closed up $12.30 at $1291.70 as the dollar lost value over disappointing durable goods numbers released today – and the aftermarket continued higher by about $3.00. This was actually a big turnaround as […]

Gainesville Coins Weekly Market Update – The New Normal and Geopolitics

Gainesville Coins Weekly Market Update – The New Normal and Geopolitics

Courtesy of  Everett Millman and  GainesvilleCoins.com ….   ABSTRACT: Increased volatility on the markets continued as this week was full of surprises, reversals, and unpredictable currents. The Swiss National Bank’s abrupt departure in monetary policy that unpegged the Swiss franc from the euro had the greatest immediate effect on the markets, but a disquieting uncertainty […]

LinkedIn
 
LLC. Copyright © 2015 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 | SHOW SCHEDULE | CONTRIBUTE ARTICLES | NEWSLETTER | TERMS OF USE