Tag: Precious Metals

Gold Markets – Gold Moves to 15 Week Highs, Closing Above its 200 DMA

Gold Markets – Gold Moves to 15 Week Highs, Closing Above its 200 DMA

Commentary for Wednesday, February 3, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …. Gold Markets closed up $17.30 on the Comex today at $1144.60. A big move which came later in the trading session after gold had traded in the $1130.00 range for half the trading day. Gold market […]

Gold & Silver Markets – Gold Closes Higher on Safe Haven Buying as Stocks Stumble

Gold & Silver Markets – Gold Closes Higher on Safe Haven Buying as Stocks Stumble

Commentary for Friday, January 15, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed up $17.60 today on the Comex at $1091.50. Even with all the fanfare the price of gold has been on the choppy side – even with today’s advance we are down $8.00 on the […]

Sliver Stackers – Silver Bullion Alternatives

Sliver Stackers – Silver Bullion Alternatives

By Al Doyle for CoinWeek ……   Silver is more than financial insurance for many investors. Those who have a collecting instinct often want some variety in their holdings, which means they might look beyond one-ounce Eagles and Maple Leafs, silver bars and rounds, pre-1965 half dollars, quarters and dimes and circulated Morgan and Peace dollars. So […]

By January 14, 2016 0 Comments Read More →
Precious Metals – 2016 Forecast – An About-Face for the Fed & Gold

Precious Metals – 2016 Forecast – An About-Face for the Fed & Gold

By SchiffGold – Peter Schiff’s Gold Company ….   Peter Schiff believes the Federal Reserve’s December interest rate hike was actually the end of the Fed’s tightening cycle that began with the first talk of tapering quantitative easing (QE) several years ago. Economic data will continue to be weak, and the US will likely be in […]

By January 14, 2016 0 Comments Read More →
My New Year’s Resolution –  Don’t Confuse Debt with Wealth

My New Year’s Resolution – Don’t Confuse Debt with Wealth

By Guy Christopher – Money Metals Exchange….   If you don’t have a magical crystal ball to see the future, then a good history book will do the job. Understanding the past offers a full-color panorama to the dangers and opportunities facing you in 2016. Unpayable debt is becoming the Big Story of the 21st […]

By January 7, 2016 0 Comments Read More →
Royal Mint Releases 2016 Precious Metal Proof Sets

Royal Mint Releases 2016 Precious Metal Proof Sets

The Royal Mint has released its United Kingdom Precious Metal Proof coin sets for 2016, containing the nation’s definitive and commemorative coins for the year and struck to an exceptional standard highlighting every design detail. The sets for 2016 include the 2016 United Kingdom Gold Proof and the 2016 United Kingdom Silver Proof coin sets, […]

Gold Market Newsletter – Gold Moves Higher on Safe-Haven Buying

Gold Market Newsletter – Gold Moves Higher on Safe-Haven Buying

Commentary for Tuesday, November 24, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $8.00 at $1074.80 on the Comex today reacting to the news that Turkish fighters shot down a Russian military jet which they claim had invaded their air space. Supposedly the Turkish military warned the […]

By November 24, 2015 0 Comments Read More →
Gold Market Newsletter – Gold Breaks Lower as the Dollar Soars

Gold Market Newsletter – Gold Breaks Lower as the Dollar Soars

Commentary for Friday, November 6, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed down $17.10 on the Comex today at $1087.60. This is actually above its lowest recent close of $1085.50 (August 5th) and while discouraging is still holding above is last summer’s low close. The price […]

Gold Market Newsletter – Gold Continues Lower – Bears in Control

Gold Market Newsletter – Gold Continues Lower – Bears in Control

Commentary for Tuesday, November 3, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $20.80 on the Comex today at $1114.50. Gold’s price trading pattern today was similar to yesterday – it opened lower and continued weak throughout the Comex trading day – there was some temporary buying […]

Gold Market Newsletter – Gold Closes above its 200 DMA

Gold Market Newsletter – Gold Closes above its 200 DMA

Commentary for Wednesday, October, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $14.30 on the Comex today at $1180.10. This amounts to about a 3.5 month high for gold and moves this most recent strength from “choppy to higher” into a more serious consideration from the technical […]

Gold Markets Newsletter – Gold Moves Higher on a Weaker Dollar and Strong Crude

Gold Markets Newsletter – Gold Moves Higher on a Weaker Dollar and Strong Crude

Commentary for Tuesday, October 6, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $9.50 at $1146.90 on the Comex today – so we did not get the follow-through price action I wanted after the big Friday “pop” but we will settle for higher gold reacting to a […]

Gold Market Newsletter – Gold Higher as Jobs Disappoint and the Dollar Weakens

Gold Market Newsletter – Gold Higher as Jobs Disappoint and the Dollar Weakens

Commentary for Thursday  October 2, 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed up $23.00 today on the Comex at $1137.10 – surprising everyone, especially the bullion trade. The big factor now supporting gold in the shorter term is the “miss” in the jobs data – 142,000 […]

Market Overshoots on Platinum Group Metals

Market Overshoots on Platinum Group Metals

by Everett Millman for Gainesville Coins …….. There’s no doubt that platinum and palladium, the oft-forgotten sister metals of the Platinum Group, are almost always overshadowed by their precious metal cousins, gold and silver. There are several disadvantages that work against the Platinum Group Metals (PGMs), including how hard they are to work with (as […]

The Gold Market Newsletter – Gold “Pops” Surprisingly Higher Moving above its 100 DMA

The Gold Market Newsletter – Gold “Pops” Surprisingly Higher Moving above its 100 DMA

Commentary for Thursday, September 24, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $22.20 today on the Comex at $1153.80. This is a great example of a rather nervous market – gold is cheap (trading at near 6 year lows) but the general theory has been lately […]

By September 25, 2015 0 Comments Read More →
Gold Market Newsletter –  Gold Closes Firm – A Short-Covering or Relief Rally?

Gold Market Newsletter – Gold Closes Firm – A Short-Covering or Relief Rally?

Commentary for Monday, September 14, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $4.20 on the Comex today at $1107.20 which is a bit of a surprise considering the FOMC meeting this week. The meeting itself apparently will be on Wednesday and Thursday and action, if any […]

By September 15, 2015 0 Comments Read More →
The Gold Market Newsletter – Gold Weaker as Traders Ponder Upcoming FOMC

The Gold Market Newsletter – Gold Weaker as Traders Ponder Upcoming FOMC

Commentary for Thursday, September 10, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $14.40 today at $1106.00. This close is right at the low end of the 30 day range and is off $54.00 from the high $1160.00 mark we saw in mid-August – so gold technically […]

By September 10, 2015 0 Comments Read More →
Gold Market Newsletter – Gold Closes Higher on Safe-Haven Buying into the Weekend

Gold Market Newsletter – Gold Closes Higher on Safe-Haven Buying into the Weekend

Commentary for Friday, August 28, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $9.40 on the Comex today at $1131.80 which is above the low close of the week ($1122.00). It continues to wobble however the upward revision in Q2 US Gross Domestic Product this week has […]

The Gold Market – Gold Continues Firm Reacting to the Chinese Yuan Devaluation

The Gold Market – Gold Continues Firm Reacting to the Chinese Yuan Devaluation

Commentary for Wednesday, August 12, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $15.50 today on the Comex at $1123.10 and remains firm as safe haven buying wakes up from its long sleep. The price of gold in the overnight Hong Kong and London markets was initially […]

The Gold Newsletter – Gold Markets Finish Higher on Mild Momentum Buying

The Gold Newsletter – Gold Markets Finish Higher on Mild Momentum Buying

Commentary for Tuesday, August 11, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $3.40 today on the Comex at $1107.60. I would not call this a strong follow-through from Monday’s action, which reestablished gold’s $1100.00 level but in these tough times it feels almost like a relief […]

The Gold Newsletter – Gold Remains Uncommitted – Will the Fed Soon Raise Rates or Not?

The Gold Newsletter – Gold Remains Uncommitted – Will the Fed Soon Raise Rates or Not?

Commentary for Friday, August 7th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $4.00 today on the Comex at $1094.10, in choppy trading which surprised everyone.  The July jobs data came in as expected with 215,000 new jobs, another decent showing but not stellar and if you […]

The Gold Newsletter – Gold Closes Firm Reflecting Friday’s Aftermarket

The Gold Newsletter – Gold Closes Firm Reflecting Friday’s Aftermarket

Commentary for Friday, July 27, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $8.40 today on the Comex at $1094.70. It looks like gold is reacting to both an oversold condition and a weaker dollar as we begin a new trading week. The result of the oversold […]

The Gold Newsletter – Gold Markets Continue to Test Lower Price Levels

The Gold Newsletter – Gold Markets Continue to Test Lower Price Levels

Commentary for Wenesday, June 22, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $9.90 at $1091.70 today on the Comex – continuing to re-test recent lows – so the bears are in charge. The technical damage created last Sunday has reasserted itself both on Monday and Tuesday […]

THE $5 TRILLION ASTEROID

THE $5 TRILLION ASTEROID

Bring up the subject of Near Earth Asteroids and everyone wants to talk about the one that’s inevitably going to strike the planet and kill us all. But what if I told you asteroids could be just as beneficial as they might be dangerous? The possibility of landing on and mining one of these flying […]

By July 21, 2015 0 Comments Read More →
The Gold Newsletter – Gold Touches Yearly Lows on Yellen Comments

The Gold Newsletter – Gold Touches Yearly Lows on Yellen Comments

Commentary for Friday, July 15, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $6.10 today on the Comex at $1147.20 reinforcing the long standing notion that a Federal Reserve hike in interest rates will push the dollar higher and gold lower. Still if you consider the tight […]

The Gold Newsletter – Gold Technically Weak – Testing Recent March Lows

The Gold Newsletter – Gold Technically Weak – Testing Recent March Lows

Commentary for Tuesday, July 7, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $20.50 at $1152.40 today – a technical sell-off really, probably the result of a stronger dollar created by the Greece debacle. And the China stock market backdrop has everyone nervous – at one point […]

The Gold Newsletter – Gold Reacts to Greece and the Dollar but Remains Indecisive

The Gold Newsletter – Gold Reacts to Greece and the Dollar but Remains Indecisive

Commentary for Monday, June 29, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up a modest $5.60 on the Comex today at $1178.50 – so a little excitement over the weekend and into domestic trading on Monday – very little. The overnight Hong Kong and London markets were […]

The Gold Newsletter – Gold Virtually Unchanged – Unimpressed with Greek Problems

The Gold Newsletter – Gold Virtually Unchanged – Unimpressed with Greek Problems

Commentary for Thursday, June 25, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $1.10 today on the Comex at $1171.50 in very quiet trading. Considering the technical picture for gold is negative it’s interesting to me that this market does not feel “heavy”. Traders for sure are […]

Infographic – Assessing the Potential Risk of a Greek Default

Infographic – Assessing the Potential Risk of a Greek Default

Presented and produced by Gainesvillecoins.com …….   On Friday, April 24, the finance ministers of Europe once again met to discuss the fate of Greece’s bailout program. Although no definitive course of action was expected to come out of this meeting, it was yet another chance to assess the potential consequences if indeed the Greek […]

The Gold Newsletter – Gold Moves Lower Ignoring Dollar Weakness

The Gold Newsletter – Gold Moves Lower Ignoring Dollar Weakness

Commentary for Wednesday, June 3, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed down $9.40 on the COMEX today at $1184.70. Interestingly the dollar was weaker – the Dollar Index closed yesterday at 95.94 and it is now trading at 95.48. Under normal trading conditions this half […]

Gainesville Coins Market Update: May 22-29, 2015

Gainesville Coins Market Update: May 22-29, 2015

The volatility of global equities was on the rise this week, with significant sell-offs on the major stock exchanges in the U.S. (Tuesday) and China (Thursday). This coincided with a downward revision of first-quarter GDP amid an array of other disappointing economic data in the States. Funds continued to crowd into the bond markets, though […]

 
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