Summary GDX was 29.94 when I said gold miners decline coming. It’s 24 now, a 19.8426.61% decline. JNUG was 26.61 and is now, a 53.44% decline. Dollar is still the key for gold and the Pound hit a 31 year low and Yen a 2 week low. What about the Euro? Dollar cost average into your allocation takes away the …Read More
The Dollar and Gold Inverse Relationship Still Matters – For Now
From my Current Thoughts on 3/24 I put up a chart of the dollar and said: “Today was a consolidation day before the next move, which can still go either way.” We have seen the dollar since fall and gold take off higher with today’s move a significant one. Yes, for now, the dollar still matters. We have to let …Read More
One Week Sale On American Gold Eagles 4% Over Spot Including 1% Commission
NOTE: The following sale of coins were at a time when the premiums were higher or lower than they are today. At the time of the sale, they were the lowest in the country and we still guarantee lowest in the country today. Call 888-604-6534 for a quote. Beginning August 29th through September 6th we will have the American Eagle …Read More
Physical Gold or Silver – Which Metal Is A Better Investment Today?
Recently I was quoted in an article for Fox Business called; The Lowdown on Buying and Selling Silver. In this article I was quoted as recommending a 75% allocation to physical gold and a 25% allocation to physical silver for investors who are looking to insure their U.S. dollar risk of their porfolios. This diversification I first recommended when I wrote my book …Read More0