By Jan Nieuwenhuijs for Gainesville Coins …… An important change has unfolded in the global gold market. The “East” has been driving up the gold price, predominantly in late 2022 and the first months of 2023, breaking the “West’s” long-standing pricing power. Until recently, Western institutional money was driving the price of gold in […]
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By Blanchard and Company, Inc …… In early March, a bill was introduced to the United States Senate in an attempt to restrict Russia from selling its gold. The legislation was a collaborative effort from a bipartisan group of senators. The bill has far-reaching implications because Russia is facing the toughest sanctions ever imposed in […]
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CoinWeek Podcast #132: The Gold Market in a Time of Crisis (with Kitco’s Peter Hug) Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. This week on the CoinWeek Podcast, precious metals expert Peter Hug joins me to share his insights into the current […]
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“Gold is starting 2019 with increasing price support and growing demand. I believe gold will reach its next major resistance level of $1,300 very soon, and after a short period of time should break above,” stated Barry Stuppler of Woodland Hills, California, President of the Accredited Precious Metals Dealers (APMD), a division of the Professional […]
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“The reality of a real trade war and its effect on the U.S. and world economies has finally hit the precious metal markets. We have seen the 2018 low for gold,” stated Barry Stuppler of Woodland Hills, California, President of the Accredited Precious Metals Dealers (APMD), a division of the Professional Numismatists Guild (PNG). The […]
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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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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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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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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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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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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 which […]
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By Laura Sperber – Legend Numismatics …… EVERYONE WATCHES FOOTBALL Okay, maybe for a few hours on Sunday the coin community went really quiet. It was the first time in a few weeks (actually since the election) that collectors were preoccupied. However, we are confident that by the time the many Internet Auctions started to […]
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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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By Dr. Richard S. Appel – UniqueRareCoins.com …… When gold rose from its 1,046 low last December, it was accompanied by motivating articles written by a plethora of excited gold analysts. Many of them unequivocally stated that gold’s long, grueling Bear Market had ended, and a new great Bull Market had begun. One after […]
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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 higher […]
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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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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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By Tony Davis – Atlanta Gold and Coin Buyers One of the most popular ways to invest in gold is through exchange traded funds; more commonly referred to as ETFs. There are a few reasons why individuals choose to invest in this form of gold. Most obvious is the convenience of being able to purchase […]
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By Richard (Rick) Mills – Ahead of the Herd ……………… As a general rule, the most successful man in life is the man who has the best information. Zheng Bijian, a leading Chinese intellectual and reformer said: “The most important strategic choice the Chinese made was to embrace globalization.” China has made a new most important strategic […]
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