Category Archives: stock markets

The Gamestop War Spreads to Silver

By Charles Morgan and Hubert Walker for CoinWeek ….. As Gen X’ers, we have found certain aspects of media coverage concerning r/wallstreetbets’ massive pantsing of hedgefund-holding elites via a mobile investing app lacking. For starters, Gamestop (NASDAQ: GME), the company whose stock started it all, is a brick-and-mortar retailer that many consumers north of 50 […]

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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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5 Things to Know as Gold Bull Run Unfolds: Blanchard

Gold Bull Run By Blanchard and Company, Inc ….. 1. Gold is proving its worth as a safe-haven asset In today’s world of stepped-up U.S.-China trade tensions, market-moving tweets, stock market volatility and economic uncertainty, gold is acting exactly as it should – as a safe-haven investment. Investors around the globe are investing in gold […]

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The Mike Fuljenz Gold Metal Report: The Time of the Year

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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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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Weaker Dollar Helps Lift Gold Price

By Everett Millman – Gainesvillecoins.com …… The precious metals were higher again on Tuesday, buoyed by a continued slump for the U.S. dollar. Spot gold was trading above $1,240/oz in the morning, more than 0.5% in the green. The Platinum Group Metals were slightly above unchanged. Spot silver added 11¢ (almost 0.7% higher) to reach […]

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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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Coin Collecting Commentary: Trump and Numismatics

What does the Trump presidency mean for coin collectors? By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… The presidential election this year was certainly a raucous event and the eventual winner was very much unexpected by most. Regardless of your political leanings, the question on many collectors’ minds is what does a Trump presidency […]

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