Weekly Market Report

This week I list the four key reasons why Morgan Stanley believes that Gold will be the best performing commodity for 2013, and my thoughts on when Republican and Democratic leadership will reach a deal on the Fiscal Cliff issues.  GOLD Gold closed last Friday at $1,703, down $7.20 per ounce. This is the second consecutive down week for Gold...

This week I provide you with the current status of Gold and Silver’s support and resistance levels, an update on the status of the Basel III requirements, and what I think is the real problem keeping Republicans and Democrats from reaching a deal on the Fiscal Cliff issues.   GOLD Gold’s volatility last week was much greater than we have...

This week’s Market Report provides you with an update on the precious metal market activities and the status of Gold and Silver’s support and resistance levels. I am also sharing a World Gold Council report on the 2012 Central Bank Gold demand.   GOLD After last Friday’s $23 Gold rally (caused by a weaker U.S. Dollar and labor unrest at...

This week update the status of Gold and Silver’s support and resistance levels and  discuss what will happen to Gold when the Basel III rules are enacted starting in January of 2013. GOLD Last week Gold stayed in its $1,700 to 1,740 per ounce trading range, closing the week at $1,714.70, down $16.20 per ounce for the week. The Gold...

This week I discuss the status of Gold and Silver’s support and resistance levels.  I also offer my opinion on the Obama Gold rally, now that he has been re-elected for the next four years, as well as what happened to the price of Gold in the last four years as a result of Obama and the Federal Reserve’s fiscal...

This week I discuss the status of Gold and Silver’s support and resistance levels, and what will happen to the Gold and Silver prices in the short term depending on whether President Obama or Mitt Romney is elected President on Nov. 6th. I also cover the upcoming lame-duck session of Congress and the Fiscal Cliff issues timeline.   GOLD  The...

GOLD  Last week we saw a lot of volatility during Gold trading. Three times Gold successfully tested the very important $1,700 per ounce support level, closing above that level all three times. Gold declined $12.10 per ounce for the week, closing the week at $1,711.90 per ounce. Since Jan 1, 2012, as of last Friday Gold has increased $146.10 per...

This week’s Market Report provides you with an update on the status of the Rare Coin Market based on my recent trip to the ANA’s National Money Show in Dallas. Also, the October 2012 CoinStats update is now available for $20 Gold Saint Gaudens, $20 Gold Liberties, Morgan & Peace Silver Dollars, and the Walking Liberty Half Dollar series.  ...

This week’s Market Report discusses the Gold/Silver consolidation as they continue to build an excellent base for the next breakout above their current resistance levels. Also, the October 2012 CoinStats update is now available for $20 Gold Saint Gaudens, $20 Gold Liberties, Morgan & Peace Silver Dollars, and the Walking Liberty Half Dollar series. GOLD  Last week was very lackluster...

This week, as Gold consolidates in the $1765 to $1795 area and starts its run to all-time highs, learn what’s next. I also discuss what should happen with Silver, which has stabilized above $34 an ounce and has become very bullish on its way to $38 per ounce. Also, the  October 2012 CoinStats update is now available. GOLD  Gold continues...