A-Mark Bullion Update

11.29.2016 With US equities right around all-time highs and the USD challenging levels it hasn’t seen in nearly 15 years, gold remains… weak.  The post-Trump victory euphoria that spurred a massive equity and commodity rally (in base and industrial metals, clearly not in gold) appears to finally be losing some steam though.  Since election night in the US, gold has fallen from a high of $1,338 to its current level of $1,190, over a 10% drop.  Physical coin and bar … Read More »

The Illusion of Choice and the Brewing Crisis of Confidence

Presented by: Lynette Zang Chief Market Analyst, ITM Trading Lynette Zang is the Chief Market Analyst at ITM Trading. She has worked with ITM Trading since 2002. Since 1964 Lynette has been a collector and a banker and a stockbroker; Lynette has studied and worked in the markets. Lynette says she has been “groomed” for this moment in financial evolution. Her information and arguments, which she backs up with facts and data, would tend to support her claim. Recently, Lynette … Read More »

London Gold Market History

When the Founding Fathers of the United States signed the Declaration of Independence in 1776, they had very strong ideas about what America could and would be. Fiscally, they would decide on a monetary system of gold and silver, not paper. They had seen that printed currency put the power in the hands of the King, but that gold coins gave independence and power to the people. Because England is so much older than the US is, they have a … Read More »

Currency Risk Is Real

We don’t really think about a currency crisis on a day to day basis, but currency risk is very real. In fact, one of the reasons your wallet or purse may be full of plastic cards is because you are trying to avoid perhaps the most common currency risk; physical loss. Have you ever misplaced a few hundred dollars? You know that if you don’t find the cash, you are out the value of the cash you can’t find. You also … Read More »

A-Mark Bullion Update

11.15.2016 The night of Trump’s victory in the US presidential election had the immediate feeling of Brexit all over again… “smart money” and the liberal media had, yet again, completely underestimated a political movement and world markets were turned upside down trying to make sense of an entirely unexpected (although it shouldn’t have been) scenario.  Just like with Brexit, market participants immediately flocked to the safe haven allure of gold and it shot up $65 as it became clear that … Read More »

Gold As Part Of Your Security Plan

Personal security is paramount. We all want to be safe from danger. Violent and armed individuals attacking you or your family is perhaps one of the most horrible things imaginable. No one wants this. The sad truth is, however, that violence and robbery and murder happen every day in this country. You may not give it much thought but you should have gold as part of your security plan. Recently, I watched a webinar that Lynette Zang, the Chief Market … Read More »

A-Mark Bullion Update

Gold Prices During the 2016 Presidential Election The most wild and unprecedented race in the history of US presidential elections finally comes to an end tonight.  The election was thrown into further chaos over the weekend when the FBI announced that it would no longer pursue a case against Hillary Clinton.  The news caused gold to gap $10 lower on the Sunday open from its closing price on Friday.  The combination of most polls indicating a Clinton win plus the … Read More »

Venezuelan Currency Crisis

The Venezuelan currency crisis is continuing. Venezuela is located on the northern coast of South America. Venezuela is bordered by Colombia, Guyana, and Brazil. Roughly 31 million people inhabit the 352,000+ square miles that make up this federal republic. Venezuela is also oil-rich. Venezuela has a somewhat unique economic situation. The government controls almost all of the natural resources in the country, including the oil. The Venezuelan government is supposed to use the profits from the sale of these natural … Read More »