The U.S. is currently not in a recession, according to Federal Reserve Chair Jerome Powell. And that means another “unusually large” rate hike could be in store in September, followed…
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Chinese buyers step in as gold hits lows
There have been some winners as the gold price has fallen towards the $1700/oz area. Consumers in China have been taking advantage of lower prices as the price of the…
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Gold weaker; “volatility collapse” portends bigger price move soon
Gold prices are modestly lower in midday U.S. trading Wednesday, in more subdued mid-summer trading. However, there has been a “collapse in volatility” on the daily bar chart, which suggests…
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Indian import tax on gold hiked from 7.5% to 12.5%
(Kitco News) – India has raised its basic import duty on gold to 12.5% from 7.5% according to the government. India is the world’s second-biggest consumer of precious metals trying to…
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Gold prices remain down but making a move back to $1,800 as ISM manufacturing PMI falls to 53
(Kitco News) – The gold market continues to push back towards $1,800 an ounce as the U.S. manufacturing sector sees weaker than expected growth in June, the Institute for Supply…
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Gold, silver down as chart-based bears pressing their case
(Kitco News) – Gold and silver prices are lower at midday today, in a choppy, two-sided trading session. The significantly bearish near-term technical postures for both metals are inviting the…
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Gold price rallies after stable U.S. inflation reading
(Kitco News) – Gold prices erased overnight losses and are moderately up in early U.S. trading Thursday, following a steady U.S. inflation reading just released. Gold hit a six-week low…
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Change for 2021 The United States Mint has changed the designs on the reverse to coincide with the 35th anniversary of the American Eagle Silver and Gold Coins. The US…
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Selling Your Collection
Selling Your Collection So how do you know if your getting a fair deal on your collectibles? Lets look at a few things to consider. #1 – Find out what…
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Error Coin Collecting
Error Collecting Want to do something out of the ordinary? How about collecting errors from a specific coin series? I’ve always been fascinated by the different forms of errors that can…