Reasons To Buy Gold In 2017

Reasons To Buy Gold In 2017

There are several very good reasons to buy gold in 2017. More good reasons seem to pop up every time you take a good look at the news. Also, history is full of great reasons to buy and own gold. Let’s take a look at a few reasons why you should consider purchasing gold for the first time if you are new to the idea of owning gold. Or, if you are an experienced precious metals stacker, these are great … Read More »

A-Mark Bullion Update

1.10.17 Gold has been on a steady decline since Trump’s election victory (and a gradual decline since Brexit), but 2017 has been positive for the yellow metal so far. A retreating USD, consolidating US equity market, strong demand out of China ahead of the Chinese New Year, and market angst over Trump’s presidency, have all contributed to gold’s recent gains. With the 50 day moving average immediately overhead at $1,193 and gold trading higher in nine of the last eleven … Read More »

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 »

London Gold Market History

London Gold Market

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 »

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 »

A-Mark Bullion Update

In the aftermath of gold’s violent drop at the beginning of October, it has spent the last three weeks consolidating around its 200 day moving average.  Physical coin and bar demand in North America was robust for about a week after gold’s drop under $1,300, but it has since slowed down materially.  With volatility falling, participants have grown quickly accustomed to these price levels and we need to see a break from this trading range in order to attract fresh … Read More »

Meet the SDR, “The” New World Reserve Money

By Lynette Zang Chief Market Analyst, ITM Trading, Inc. How the SDR Got Started At the Bretton Woods Accord in 1944, the US was granted the sole privilege of “The” World Reserve Currency (WRC), overseen by the newly created independent International Monetary Fund (IMF). Since then, global assets have been priced and paid for in US dollars, which we could print as needed. Everyone else had to buy dollars to pay international debts. In return, the US legally agreed to … Read More »

A-Mark Bullion Update

10/11/2016 Yesterday’s Federal Open Market Committee minutes failed to provide any sparks in what has turned out be a boring week of trading for the precious metals.  [Buy precious metals online] Commentary of note from the FOMC included the following: several officials said the decision to wait for a rate hike was a “close call”, some officials remain wary of important downside risks abroad, and there is a “reasonable argument” that a hike could be made.  So… just like in … Read More »

Diamonds Vs. Gold As A Currency

Are diamonds a currency? Some investors would have you believe that diamonds are money. Diamonds may be a store of wealth, or they may not be. You may want to read this article and this article and then decide for yourself if diamonds are a safe store of value. This article, however, will discuss diamonds vs. gold as a currency. Diamonds Vs. Gold : Portability. Money must be portable. Diamonds are portable. There is no doubt about that. Diamonds are … Read More »

A-Mark Bullion Update

7.12.2016. With the Dow Jones and the S&P challenging all times highs, gold is finally showing some vulnerability and has traded lower for the second day in a row.  This past Friday’s strong US jobs number provided a sense of calm in the wake of Brexit and US equities have reacted accordingly.  Counter-intuitively, gold and silver also ran up on Friday even with the surprisingly good jobs figure.  They have since retreated but haven’t officially broken down… yet.  US 10-year … Read More »