Category Archives: California Numismatic Investments

Gold Markets – Gold Surprises Higher

Gold Market Commentary for Thursday October 1st, 2020 (www.golddealer.com) By Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $20.90 at $1,908.40 today in another surprising shift to the upside.  It would seem that just when the bears think the “end is nigh” gold shifts gears and moves in the opposite direction. […]

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GoldDealer.com Market News: Gold Heats Up – 7 Year Highs

Commentary for Tuesday, February 24, 2020 (www.golddealer.com) By Richard Schwary of California Numismatic Investments Inc …… Gold closed up $$27.80 today at $1,672.40! So, we are at seven-year highs, while the Dollar Index is moving towards 100 so both gold and the dollar are now seeing solid safe-haven buying. It is a bit perplexing however […]

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GoldDealer.com Gold Market Report – Gold Ponders Its Future

Commentary for Friday, November 30, 2018 (www.golddealer.com) By Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $3.90 at $1,220.20 today. Still not much happening if you consider that gold closed Monday at $1,229.80. The best aspect, as far as the gold community is concerned is simple and positive. For now the FOMC […]

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GoldDealer.com Market Report – Gold Continues to Settle

Commentary for Wednesday, June 27, 2018 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $3.60 at $1,253.00 in quiet summer trading. To say that the typical bullish/bearish trade talk has turned decidedly bearish for gold should not be surprising. Weighing on the bullish argument is obviously the […]

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GoldDealer Gold Market Commentary – Gold Again Settles Lower

Gold Commentary for Wednesday, March 28, 2018 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $17.80 today at $1,324.20 – finally deciding to settle and taking some of the recent buzz away from this market. Like I have been saying it’s no use getting too excited […]

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Bullion & Precious Metals: Gold Dealer Newsletter – Gold Moves Higher?

Commentary for Wednesday, November 1, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $7.10 at $1,274.10 in a kind of confused and choppy market. We opened unchanged – moved above $1,280.00 and then settled quietly lower. This small pop in prices to the upside is hard […]

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Gold Markets Report: Gold Steadies or Not

Commentary for Tuesday, Oct 3, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $1.20 at $1,271.50, and while opening choppy prices firmed toward the end of the session. I would not make much of this one way or the other – it’s too soon given we […]

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Gold Markets Report: Gold Tests Recent Lows

Commentary for Wednesday, September 27, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $12.90 today at $1,284.10. I think Yellen’s speech Tuesday caught most by surprise – the markets expected more accommodation even though she has been hawkish this past month. At any rate just the […]

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GoldDealer Gold Market Report – Are the Bulls or Bears Tired?

Precious Metals Market Commentary for Monday, August 14, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $3.50 at $1,284.20 – a let-down for those considering another try at the vaulted $1,300.00 level. As promised the North Korea/Trump rhetoric has cooled and the dollar rebounded, which encouraged […]

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Gold Markets Report: Gold Mildly Higher – Bargain Hunting?

Commentary on Gold Prices for Monday, July 10, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $3.50 at $1,213.20 today in what looks like book squaring or perhaps some mild bargain hunting. The dollar firmed up since Friday – the Dollar Index moved from 95.75 […]

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Gold Markets Report – Gold Ignores a Weaker Dollar

Commentary for Tuesday, June 27, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $0.50 today at $1,246.90 in what turned out to be an uneventful day. The domestic market opened higher ($1,250.00) – moved off that high and settled with no buzz on lows for […]

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Gold Markets Firm – Are You an Optimist or Pessimist?

Commentary for Tuesday, May 16, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $6.40 at $1,236.40 today. The gold market continues to attract minor attention – I say minor because most investors are still looking at stocks as investor “fear” has exited the theater. This is […]

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Bullion & Precious Metals: Gold Dealer Newsletter – Gold Weakens, Silver Eagle Monster Box Sales Down

Commentary for Monday, May 1, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $12.80 at $1,255.50 in another defensive round. It actually opened rather flat which has been the case lately – pitched higher and then reversed itself testing the $1,254.00 level before catching much of […]

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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 […]

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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 once […]

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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 […]

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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 Dollar […]

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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 the […]

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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. So […]

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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 has […]

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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 $1272.30 and got a political kick in the pants in the aftermarket which pushed prices up another $7.00 looking at $1280.00. So just when you thought it was safe to […]

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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 few […]

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Gold Market Commentary: Gold Modestly Lower on a Stronger Dollar

Commentary for Friday, Nov 3rd, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $1.80 today at $1169.30 reacting to a very strong dollar and not much follow through from Friday’s big down day which saw gold off $27.00 on the BOJ announcement of further quantitative easing. The […]

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Gold Closes Lower then Reverses after Dovish FOMC Comments

Commentary for Wednesday, Oct 8, 2014 (www.golddealer.com) ……… Gold closed down $6.40 today at $1205.30 in a market which really cannot make up its mind. It actually traded as high as $1220.00 before reversing itself as oil prices came down – WTI crude oil moved lower by $1.15 at $87.47 a barrel and the dollar […]

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