Tag: Silver

Critical Week Ahead for Gold Bugs as Fed Meets and Bear Market Continues

Critical Week Ahead for Gold Bugs as Fed Meets and Bear Market Continues

LONDON gold in Dollars terms traded flat for the week Friday morning, holding around $1230 per ounceafter what one analyst calls “a tumultuous few days.” Stockmarkets ticked higher but London’s FTSE100 headed for a 1.5% drop on the week. Silver also erased the last of its mid-week gains, which reached 5.0% yesterday morning, to trade […]

Gold Reverses Sharp Drop on Strong US Jobs Report, Short-Covering “Now in the Air”

Gold Reverses Sharp Drop on Strong US Jobs Report, Short-Covering “Now in the Air”

WHOLESALE gold in London reversed a sharp drop Friday lunchtime, recovering a $20 plunge on the release of US jobs data to trade back above $1230 per ounce, heading for a 1.7% drop on the week. Versus analyst forecasts of 180,000 net hiring last month, the US economy added 203,000 jobs according to the official Non-Farm […]

Should Gold and Silver Be Considered an Investment or Insurance? Yes!

Should Gold and Silver Be Considered an Investment or Insurance? Yes!

CoinWeek Guest Commentary by Tony Davis – Atlanta Gold & Coin Buyers  ……. If you ask a handful of individuals that are closely tied to the precious metal and bullion industry if gold and silver should be viewed as an investment or insurance, you will likely get very different answers. That’s because buying gold and […]

Sales Of Silver American Eagle Coins Surge And Could Near Their 2011 Record

Sales Of Silver American Eagle Coins Surge And Could Near Their 2011 Record

Silver Eagles are easier to sell, store and transport than large bars So far this year, sales of American Eagle silver coins from the United States Mint have already surpassed last year’s level as investors snap them up at a breakneck pace. The Mint will continue the sale of the 2013 Silver American Eagle Coins […]

Witch-Hunt Fails in Silver Futures Trading; CFTC

Witch-Hunt Fails in Silver Futures Trading; CFTC

by Guillermo Miguel Perez-Santalla I have to admit, it amazes me how easily the government spends our money. In 2008 the CFTC received a series of complaints about the silver market. According to their release today the most widely asserted complaint was that because silver product prices such as coins and bullion were higher that […]

Consumer Demand for Gold Up 53% in Q2 2013 Led by Strong Growth in China and India

Consumer Demand for Gold Up 53% in Q2 2013 Led by Strong Growth in China and India

The latest World Gold Council Gold Demand Trends report, which covers the period April-June 2013, highlights how recent falls in the gold price have generated significant increases in demand, most notably from consumers in China and India – by far the biggest markets for gold – compared with the same time last year. Globally, jewellery […]

Fed Minutes Split Metals Traders, India’s Festival Gold “Already Stockpiled”

Fed Minutes Split Metals Traders, India’s Festival Gold “Already Stockpiled”

London Gold Market Report from Adrian Ash BullionVault Wednesday, 21 August 08:15 EST BULLION prices recovered most of an earlier dip lunchtime Wednesday in London, with gold trading 1.2% lower for the week so far ahead of policy-meeting minutes from the US Federal Reserve. Asian and European stock markets fell once again, as did commodities […]

Changes in Silver Part 3: So Who Is Buying?

Changes in Silver Part 3: So Who Is Buying?

by Miguel Perez-Santalla BullionVault With photography gone, and PV not plugging the gap, where is silver seeing the strongest demand…? FOR ALL ITS monetary and investment history, silver is by far an industrial metal today. The industrial sector consumed close to 466 million ounces of silver in 2012 according to the Silver Institute. Add what’s left […]

Silver Shipwreck: 61 tons recovered from the ocean floor – CNBC

Silver Shipwreck: 61 tons recovered from the ocean floor – CNBC

By: Paul Toscano| Producer, CNBC.com ………. Shipwrecks and sunken treasure may seem like a story lifted from a pirate movie, but a company that finds and recovers precious cargo from the bottom of the sea has come up with a haul of silver valued at over $36 million. On Monday, Tampa-based Odyssey Marine Exploration announced […]

Precious Metals Prices and the Numismatic Market. VIDEO: 3:06

Precious Metals Prices and the Numismatic Market. VIDEO: 3:06

Brian Cushing, Dick Osburn Rare Coin, Daniel Kedem, Gainesville Coin, Larry Lee, Coin and Bullion Reserve, & Daniel Frank Sedwick, Treasure Coins. Interviewer: David Lisot…….. Precious metals prices have been very erratic lately. Gold dropped more than $200 an ounce in April 2013 and silver has been equally as volatile. How do these price swings […]

Changes in Silver, Part 2: Photovoltaic Demand

Changes in Silver, Part 2: Photovoltaic Demand

by Miguel Perez-Santalla BullionVault …….. The Photovoltaic industry didn’t start to show on charts of silver demand until the year 2000, when it consumed approximately one million ounces. Those 31 tonnes were barely a blip on the silver consumption chart. In fact, in comparison to the smallest of the large consumers at the time – […]

Changes in the Silver Market, Part 1

Changes in the Silver Market, Part 1

by Miguel Perez-Santalla, Bullionvault ……… Photographic demand for silver has fallen 70% from its peak. What could possibly fill that gap…? BACK in the good old days, a physical silver trader’s dream would be to land a photographic company as a customer. Polaroid, Kodak, Fuji and many more were on this list of prospects. This […]

Gold & Silver Fall to 2010 Levels on Bernanke Comments

Gold & Silver Fall to 2010 Levels on Bernanke Comments

  SPOT MARKET gold and silver prices fell to their lowest levels since September 2010 Thursday, with gold dropping through $1300 an ounce during London trading and silver falling below $20 an ounce. Stocks and commodities also fell and the US Dollar strengthened after US Federal Reserve chair Ben Bernanke told a press conference that […]

Gold Market Has Seen Paradigm Shift in Investor Attitudes

Gold Market Has Seen Paradigm Shift in Investor Attitudes

GOLD drifted to a one-week low below $1380 an ounce Tuesday morning, as silver dipped below $21.80 an ounce, with stocks and commodities broadly flat on the day ahead of tomorrow’s US Federal Reserve decision, with analysts speculating on whether the Fed will give details of when and how it might slow down its quantitative […]

Gold Falls to 3-Week Low with Talk of Slowing QE

Gold Falls to 3-Week Low with Talk of Slowing QE

SPOT GOLD fell to three week lows below $1370 an ounce Tuesday, as stocks and commodities also fell amid ongoing speculation over when the US Federal Reserve might begin reducing the size of its quantitative easing program. “Gold remains bearish while trading below the $1424 current June high,” reckons Commerzbank senior technical analyst Axel Rudolph. […]

Hoarding Gold or Silver

Hoarding Gold or Silver

By Allen Rowe  –  Northern Nevada Coin ………. Hoarding gold is part of life for more than many think. Recently in our local news was an unassuming man who passed away with over seven million dollars worth of gold coins in his house. In this case the gold was stored in ammo cans stashed in […]

A Different View of Silver

A Different View of Silver

by Miguel Perez-Santalla  BullionVault ……… Why does silver move so much further, and faster, than gold…? The SILVER MARKET often gets a bum rap. The reason is that often its gyrations are much greater than those of the gold market. What causes this? There are theories that bankers and investment companies are conspiring to try […]

SILVER 101/SCROUNGING AND SCUFFLING

SILVER 101/SCROUNGING AND SCUFFLING

By Al Doyle for CoinWeek …..   The recent plunge in silver spot prices motivated a large number of buyers to search for physical product. There has been one glaring problem: Supplies were on the thin side even before spot dropped, and why would silver owners sell the metal at $23 spot when they had […]

A Film For Gold and Silver Enthusiasts on Hard Money

A Film For Gold and Silver Enthusiasts on Hard Money

Is it possible to combine doom and gloom, sound money, good versus evil, shootouts, a creative plot and animation? That’s a summary of Silver Circle, the new film from Two Lanterns Media. The Federal Reserve celebrates its 100th anniversary this year, and America’s central banker has gone from an under the radar entity to a […]

Park Avenue Numismatics Acquires StraightSilver.com

Park Avenue Numismatics Acquires StraightSilver.com

Park Avenue Numismatics, a leading Rare Coin and Precious Metals dealer announced today that it has purchased StraightSilver.com, a precious metals website that focuses on the sale of Silver Bullion and related items including American Silver Eagles, Canadian Maples, Silver Philharmonics, Certified Silver Bullion, Silver Rounds, Bars as well as a variety of Mint Products. […]

Silver 101 : THE WORLD OF EXPENSIVE SILVER

Silver 101 : THE WORLD OF EXPENSIVE SILVER

by Al Doyle for CoinWeek …… What will the bullion markets look like when silver reaches $100 an ounce? Some would say the previous sentence is an exercise in optimism by silver bugs. How does $1000 an ounce sound? That doesn’t mean silver investors would rule the world if this scenario came to pass, as […]

Silver Bullion News: The “New” Liberty Dollar is Back

Silver Bullion News: The “New” Liberty Dollar is Back

By Al Doyle for CoinWeek….   The Liberty Dollar – a one-ounce silver medallion that attracted the attention and wrath of the federal government and resulted in a pending prison sentence for its creator – is back in a revised form. Although the New Liberty Dollar retains the main design elements of a Liberty head […]

SILVER 101 – IS 761,000,000 A LARGE NUMBER?  NO!

SILVER 101 – IS 761,000,000 A LARGE NUMBER? NO!

by Al Doyle for CoinWeek …… Imagine owning a corporation with annual sales of $761 million. Better yet, wouldn’t a net worth of that amount go beyond your wildest dreams? So how can 761,000,000 (that’s more than 3/4 of a billion) be a relatively mundane number? That high nine-digit figure represents the ounces of newly […]

By February 21, 20130 Comments Read More →
Safe Haven Assets Under Pressure: Gold & Silver Fall as Stock Markets Hit 5-Year Highs

Safe Haven Assets Under Pressure: Gold & Silver Fall as Stock Markets Hit 5-Year Highs

THE U.S. DOLLAR gold price extended its losses from last week Monday, dipping to a near-three-week low below $1655 per ounce during London’s morning trading, as stock markets ticked higher, with the FTSE 100 hitting its highest level since May 2008. The S&P 500 meantime climbed above 1500 last week for the first time since December 2007. […]

Gold Cycle Could Turn This Year Says Goldman, Washington Politicians Will Keep Markets Nervous

Gold Cycle Could Turn This Year Says Goldman, Washington Politicians Will Keep Markets Nervous

THE DOLLAR gold price eased back below $1680 an ounce Wednesday morning, though it remained well within its trading range for the past month, while stock markets extended their losses for this week and US Treasuries gained. Silver hovered around $31.30 an ounce for most of this morning, also in line with its recent trading range, while […]

The US Government’s Plans To Stick It To The American People In 2013

The US Government’s Plans To Stick It To The American People In 2013

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com As we come to the end of the calendar year, it is good to do an overall synopsis of what the US government will unleash on the American people in the coming year. No matter the temporary wrangling in Washington over the “fiscal cliff,” the […]

Weakness in Gold Not Sustainable: China, Investors and Central Banks Buy on Dips

Weakness in Gold Not Sustainable: China, Investors and Central Banks Buy on Dips

SPOT MARKET prices to buy gold rose back above $1705 an ounce during Tuesday morning’s London session, though it remained below where it started the week following falls overnight, while stock markets also edged higher along with the Euro after European leaders welcomed progress on Greece’s debt buyback program. Silver meantime fell to around $33.30 an ounce, […]

Euro Holding Gains Despite France Downgrade, Indian Banks Banned from Lending for Gold Purchases

Euro Holding Gains Despite France Downgrade, Indian Banks Banned from Lending for Gold Purchases

SPOT MARKET prices for buying gold traded above $1730 an ounce throughout Tuesday morning in London, up 1% for the week so far, while the Euro also held onto gains made yesterday despite news that a second ratings agency this year has downgraded France. Gold rose by more than $20 during Monday’s trading, following reports that a deal […]

Consider “Gifting” Your Precious Metals Investments To Heirs Says Dillon Gage Metals

Consider “Gifting” Your Precious Metals Investments To Heirs Says Dillon Gage Metals

Gifts are a way to avoid inheritance and estate taxes legally Estate taxes can eat up the value of everything you’ve worked hard to accumulate, leaving your heirs with less than you anticipated. This is particularly true in the case of precious metal because taxes on the exchange of precious metals are higher than on […]

ROYAL CANADIAN MINT DELIVERS A BOUNTY OF NEW COLLECTOR COINS

ROYAL CANADIAN MINT DELIVERS A BOUNTY OF NEW COLLECTOR COINS

Ottawa, Ontario, As its reputation for expanding the variety and creativity of coin manufacturing keeps growing, the Royal Canadian Mint is proud to present its customers with a bountiful array of new collector coins. Its latest product release includes fine silver tributes to Canadian historical figures such as War of 1812 hero Major-General Sir Isaac […]

 
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