Tag: Silver prices

Bullion & Precious Metals: Gold Dealer Newsletter – Gold Firm as Europe Considers Options

Bullion & Precious Metals: Gold Dealer Newsletter – Gold Firm as Europe Considers Options

Commentary for Friday, April 21, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $5.30 at $1,289.10 and once again holds its ground. So where are we going into the weekend? I think traders are cautious but not ambivalent – on the short term gold is […]

Gold Dealer Newsletter – Gold Traders Continue to Buy the Dips

Gold Dealer Newsletter – Gold Traders Continue to Buy the Dips

Commentary for Monday, April 10, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $3.40 at $1,253.90 USD today in directionless trading. The overnight London and Hong Kong markets were sleepy – there was a selloff in early domestic trading which looked at $1,245.00 but traders […]

Gold Dealer Newsletter – Gold Continues to Flirt with Higher Prices

Gold Dealer Newsletter – Gold Continues to Flirt with Higher Prices

Commentary for Monday, March 27, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $7.20 today at $1,255.70. The common wisdom being that gold is pushing higher because of safe haven buying now in place because Trump policies are failing? Please – I think the best […]

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 […]

Precious Metals & Bullion Commentary – Gold Weaker as Rate Hike Looms

Precious Metals & Bullion Commentary – Gold Weaker as Rate Hike Looms

Commentary for Tuesday, March 7, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $9.40 at $1,216.10 on Tuesday and if you haven’t been watching let’s just say the gold trade is getting heavier. It’s not necessarily the dollar although the buck is strong – the […]

Gold Fades as the Dollar Grows Stronger

Gold Fades as the Dollar Grows Stronger

Commentary for Thursday, March 2, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $17.10 at $1,232.90 today in the face of rising optimism and it was a pretty rough day for all the metals. It will be tough for gold to get any traction as […]

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. […]

Blanchard: Four Reasons Silver Is Outpacing Gold In 2017

Blanchard: Four Reasons Silver Is Outpacing Gold In 2017

By Blanchard and Company, Inc …..   The precious metals sector is off to the races in the first six weeks of 2017, as returns in both gold and silver are beating the S&P 500. The silver market is the best performer – with nearly double the gains seen in gold. Here’s a quick look […]

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 […]

The Coin Analyst: 2016: Year in Review

The Coin Analyst: 2016: Year in Review

By Joshua McMorrow-Hernandez for CoinWeek.com ……   Let’s face it – the year 2016 kept the news media industry busy. International terrorism, the mosquito-borne Zika virus, and a string of high-profile celebrity deaths stole the headlines in 2016. Meanwhile, a hotly contested presidential election in the United States pitted former First Lady and senator Hillary […]

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 →
Coin Collecting Commentary: Trump and Numismatics

Coin Collecting Commentary: Trump and Numismatics

What does the Trump presidency mean for coin collectors? By Jeff Garrett for Numismatic Guaranty Corporation (NGC) ……   The presidential election this year was certainly a raucous event and the eventual winner was very much unexpected by most. Regardless of your political leanings, the question on many collectors’ minds is what does a Trump […]

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 →
U.S. Mint to Put 2016 Silver Eagles on Hold

U.S. Mint to Put 2016 Silver Eagles on Hold

By Everett Millman – Gainesville Coins …….   As is usually the case during the last six weeks or so of the calendar year, the U.S. Mint is nearing the point where it will halt production of its premier silver bullion coin, the American Silver Eagle. 2016 Silver Eagle Sales Compared to the previous few […]

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 […]

Don’t Get Fixated On Spot Price When Buying Silver Coins

Don’t Get Fixated On Spot Price When Buying Silver Coins

By Al Doyle for CoinWeek …..   Silver investors tend to check the current spot price before making a purchase of silver coins. That’s a logical starting point, as the cost for physical metal is usually – but not always – related to spot. Don’t expect former premiums to remain in place when spot plunges. […]

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 […]

Precious Metals Market – Tycoon Reaps $1.3 Billion on Silver

Precious Metals Market – Tycoon Reaps $1.3 Billion on Silver

By Everett Millman – Gainesville Coins …….   Mexico’s second-richest man, Alberto Bailleres, has benefited greatly from his extensive position in precious metals so far this year. Between his majority stake in a pair of Mexican mining companies, Industrias Penoles SAB and Fresnillo Plc, the gold and silver magnate has outpaced his wealthiest counterparts in […]

 
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