A-Mark Bullion Update

8.30.2016 With the UK out yesterday for a bank holiday, the precious metals started off the week quietly (even by August standards). A boring session was probably necessary though after the volatile trading day seen on Friday in the wake of Janet Yellen’s speech at the Jackson Hole economic symposium. Gold traded all over the place as the market digested Yellen’s commentary. The most notable line of hers was, “In light of the continued solid performance of the labor market … Read More »

Investing in Gold? Gold Is Like A Financial Possum

financial possum

A possum is a marsupial. Marsupials are rather unusual because they just tend to do things differently. So differently, in fact, marsupials are their own special infraclass of mammals, but more on that in a little bit. Possums are unique unto themselves, even within the exclusive order of marsupials.These very unique and special qualities that set possums apart from other marsupials allow us to draw an analogy between gold and a financial possum. Now, back to marsupials in general and … Read More »

The Glory Days Of Gold

Glory Days Of Gold

Sometimes coming up with an idea for an article isn’t easy. After all, writing a thousand words every couple of days tends to eat up ideas, research, and topics. I asked a very dear friend for an idea, and she suggested I write about Glory Days, a Bruce Springsteen song she had just heard. The song apparently had her feeling nostalgic and cheerful. I accepted the challenge, so now ITM Trading gets an article titled The Glory Days of Gold. … Read More »

Owning Gold In Venezuela

2016 Gold Investing Results

Many different types of people call ITM Trading to buy gold coins and gold bars. Some are doctors and lawyers and some are housewives and soldiers. Every type of American owns gold. One thing that many of these people have in common, however, is that they have reservations about buying gold or diversifying into physical precious metals. From time to time, though, ITM Trading will receive a call from someone who has lived through hyperinflation and currency collapse in Venezuela, … Read More »

Financial Evolution And Extinct Furniture

Financial Evolution : A Platypus.

Times seem to change right around us and we don’t see it. Evolution is slow, but it is constant. While Darwin may argue otherwise, evolution is not always for the better, especially financial evolution. Financial evolution is trending towards a cashless society, and some countries in this world seem to really want to become cashless in order to make things “easier”. Today, four silver quarters are worth nearly twenty dollars. Are four quarters harder to carry than a purse with … Read More »

A-Mark Bullion Update

8.23.2016. On Friday, silver closed at $19.305 basis the active September silver contract. The open on Sunday gapped immediately lower though and saw over 5.5 million ounces trade in the opening minute. Silver traded all the way down to $18.83 in that first minute of trading before settling into an uninspired range around $19 for the rest of the session. Silver has traded lower for three consecutive days now and the next major area of support is the 100 day … Read More »

Hyperinflation In The US?

World Reserve Currency Status

Sometimes in the news, you hear about hyperinflation happening in another country. Hyperinflation is the rapid loss of the purchasing power of a currency. Sometimes hyperinflation is more recognizable as rapidly rising prices, or even the complete lack of items available for sale. Can we experience hyperinflation in the US? Could shelves in America go bare? Sure, there can be hyperinflation in the US. There has been hyperinflation in the US before, more than once, in fact. There can be … Read More »

A-Mark Bullion Update

8.16.2016. As has been typical during this last month of summer so far, it has been yet another quiet start to the week for the precious metals.  Gold remains range bound with support at the recent double bottom of $1,330 and resistance at $1,360, the seventh point on a trendline dating back to July 6th.  After an incredible first half of the year, the market’s interest in gold appears to be fading of late.  On Friday, total assets in exchange-traded … Read More »

Really Old Gold Coins

Really Old Gold Coin : Gold Coin

Sometimes investments go awry, and when they do, they go awry for a variety of reasons. Maybe mismanagement is one reason for losses, perhaps incompetence is another. Greed, theft and avarice can also be contributing reasons as to why what should have been a good investment ends up returning losses. Technology, real estate, stocks, bonds and mutual funds all have their own way of going broke, and some do so more quickly and spectacularly than others. Really old gold coins, … Read More »

A-Mark Bullion Update

8.9.2016 It has been an absolutely lethargic start to the week for the precious metals. Gold has traded in a mere $12 range so far this week and its attempt today to recover from Friday’s strong payroll figure was underwhelming at best. The physical coin and bar market in North America and Europe continues to disappoint with margins for fabricated products right around all-time lows. The weakness in the coin market is best exemplified by US Mint bullion sales figures. … Read More »