Gold and Silver Report By Mike Fuljenz – Universal Coin & Bullion …… Commerzbank Predicts $1,500 Gold, $20 Silver in 2019 For the first half of 2018, gold and silver were down 3% to 4% while the U.S. stock market was flat. The main culprit was a strong U.S. dollar in the second quarter. Gold […]
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By Mike Fuljenz – Universal Coin & Bullion …… This is the Time of Year to Buy Gold (and Sell Stocks) Gold and stocks tend to move in opposite directions – one zigs while the other zags. Stocks tend to rise in the first half of the year and gold in the second half. […]
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by Bill Musgrave – American Gold Exchange Gold fell 0.9% to close under $1,266 after Greece proposed a compromise with its creditors, easing tensions in the Eurozone, boosting risk appetite, and reducing demand for safe havens. Greece’s new leaders dropped demands to write-down foreign debt, offering instead to swap it for growth-linked bonds. The compromise reduced […]
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Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold fell 1.2% to close just under $1,208 as a stronger dollar and weaker oil reduced demand for the metal as an alternative store of value. The dollar firmed against most major rivals after upbeat U.S. manufacturing in November increased speculation that the Fed will amend its forward guidance […]
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Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold trimmed its losses to 0.2% in volatile trade, closing just under $1,194 after the minutes from the Fed’s recent meeting showed concern about inflation expectations. Gold initially dropped as low as $1,174 early in the session on reports that support is waning for the Swiss gold […]
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Commentary for Wednesday, Oct 16, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed up $5.70 today at $1244.00 so we made up for Friday’s small loss and added a few bucks on top. But my comments on Friday stand in that the market while short term technically stronger […]
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