By Patrick A. Heller
The US government and Federal Reserve Bank are inflating the money supply, which reduces the value of the US dollar. Two Federal Reserve online reports document the scope of this inflation
Category Archives: Inflation
Scared buyers become good buyers
A plunge in the stock market scared the price of bullion higher. Precious-metal impacted collectible and bullion coins have taken advantage of that unexpected boost as the spot price of gold and silver reacted favorably to the recent stock market pullback. The question is how long can this new situation last
Gold Markets Report – Gold Fails to Push Higher
Commentary for Monday, March 5, 2018 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $3.00 at $1318.10. This should tell you that gold traders remain confused – gold moved higher by $18.20 on Friday as President Trump threatened tariffs. Typically tariffs are inflationary in that they keep cheap […]
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Precious Metals and Gold Market Report – Gold “Pops”
Commentary on Gold Market for Wednesday, February 14, 2018 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold Market closed up $27.40 at $1355.50. Prices jumped higher today after early trading opened flat then lost $10.00 in value. This big reversal is the result of higher than expected inflation news – […]
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