Barry Stuppler

A strong U.S. currency continues to put pressure on precious metal prices . . . .

Last week, Gold traded in a narrow range between $1,268 and $1,277 per ounce, down $3 for the week. Although Gold is still up $118 since the beginning of the year, it sold off $82 in the past two months . . . .

More countries buying Gold continues to dominate the bullion news . . . .

Central banks are hoarding gold. China, Russia and many Asian and West Asian central banks have started accumulating gold. Now that the fashion of hoarding gold is back, let us see the fundamental reasons behind it . . . .

The U.S. Labor Department’s October employment number came in today at 261,000, making the unemployment rate only 4.1%, a 17-year low . . . .

Demand for physical gold was lacklustre in top consumers India and China this week, while the lure of the metal remained stable in Singapore, but India’s peak wedding season is expected to usher in renewed interest for bullion in coming weeks . . . .

Gold reached a high of $1,284 in early morning trading then there was some short-term profit taking and professional selling . . . .

One of the toughest questions investors ask when building a Coin Portfolio is, "What kind of gold and silver coins should I invest in?" The best answer to this question depends on your investment time frame. For how long are you planning to invest? Here is a basic overview of short, medium, and long term Coin Portfolios . . . .

Turkey purchased a record $13.8bn of gold from abroad this year, $9.8bn more than in the same period last year, Bloomberg reported . . . .

Gold continues to stay in its recent $15 per ounce trading range from $1,266 to $1,281 . . . .