The effects of higher costs for borrowing money are rippling through the numismatic marketplace By Jeff Garrett for NGC (Numismatic Guaranty Corporation) …… During the day, my office television is usually set on CNBC for the latest financial headlines. For nearly a year now, the news channel has been hyper-focused on the Federal Reserve […]
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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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Commentary for Tuesday, May 9, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $11.00 at $1216.10 as momentum selling returns and the price of gold makes new recent lows. The domestic market broke down on the open and we did not catch much of a bid […]
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Commentary for Tuesday, May 9, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $11.00 at $1216.10 as momentum selling returns and the price of gold makes new recent lows. The domestic market broke down on the open and we did not catch much of a bid […]
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Commentary for Monday, February 29, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $14.10 at $1233.90 on the Comex today. China claimed it would lower bank reserve requirements in an attempt to stimulate – which favors the fear that something is not right. But I just don’t […]
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