Why You Should Rent An RV And Buy Gold Coins.

Rent An RV And Buy Gold Coins

Recently I read an article that started me thinking. The primary focus of the article was to point out that Americans have probably sold most of their scrap gold. One fact offered in the article to back up this point is that Americans turned in more scrap gold in 2003 when gold prices averaged $363 an ounce than they did last year when gold prices averaged $1267 an ounce. In case you are wondering, Americans sold the most gold (160 … Read More »

A-Mark Bullion Update

5-23-2017 Two weeks ago market participants were convinced that gold would sink down to the $1,200 handle.  That sentiment has quickly shifted with the euro marching higher and with headlines including a possible impeachment of President Trump, another North Korean ballistic missile test over the weekend, and an ISIS terrorist incident at a concert in London last night.  Gold is now in a higher range yet again with the 200 day moving average providing support on dips and a triple … Read More »

Robo-Advisers Vs. Gold Bullion Coins And Bars

Robo-Advisers Vs Gold

What is a robo-adviser? Chances are pretty good that you will be hearing a lot about robo-advisers in the next several years. By then, however, they will probably have a cute and less daunting name. They may be referred to as an electronic financial adviser, or perhaps a Charles Schwab money app, or a Chase money management system, etc. Ultimately, some marketing firm will decide what name you hear on the commercial hyping a robo-adviser, but nonetheless, it will still … Read More »

A-Mark Bullion Update

5.9.2017 On Sunday night, the market’s breathed a sigh of relief as Emmanuel Macron easily beat the right-wing populist and nationalist candidate Marine Le Pen in the French presidential election.  With Japan returning from Golden week to find much lower gold prices, gold received an initial bump up on Sunday evening trading.  The pop higher was short lived though as the Macron victory encouraged broader market selling.  Geopolitical tensions, in general, have subsided substantially in the last few weeks (especially … Read More »

A-Mark Bullion Update

Over the weekend, France’s presidential election narrowed down to two candidates in Emmanuel Macron and Marine Le Pen.  Macron is ahead of Le Pen in election polls heading into next month’s presidential election and his agenda is considered to be market friendly, including labor market reforms as well as cutting excessive public spending.  Macron’s current position in the election, the avoidance of a nightmare run off between Le Pen and Melenchon, and North Korea failing to launch a nuclear missile … Read More »

A-Mark Bullion Update

Escalating tensions with North Korea have kept gold buoyant and hovering right under the highs of 2017 thus far. On Sunday, North Korea attempted a missile launch (non-nuclear) but it failed “almost immediately” according to South Korean and US military officials. The launch took place just hours before US Vice President Pence arrived in South Korea for a visit. Also, satellite images suggest that North Korea is ready and willing to carry out another nuclear test. This information comes just … Read More »

A-Mark Bullion Update

3.14.2017 The markets, from equities to commodities, are quiet today ahead of tomorrow’s much anticipated FOMC statement. While it is widely expected that the Fed will increase the benchmark rate by .25%, participants are still sidelined today ahead of the decision. Volume in Comex April gold stands at only 155,000 lots so far today, the lightest it has been since April became the active contract month at the end of January. Speculative Comex longs fell from three month highs in … Read More »

Stocks New Highs in 2017

2-22-17 S&P Rallied as consensus adjusted EPS were revised down

Youtube Translation Hi everybody and then chief market analyst here at ITM Trading a full-service physical precious metals brokerage house and we all probably heard about the stock market globally making new highs yet again and beating the longest streak of new high ever cetera et cetera so this is what that looks like but let’s ask let’s just kind of look a little bit beneath the surface is just the dojo that’s all we know that’s low level of … Read More »

A-Mark Bullion Update

2.14.2017 With the USD on the offensive and the Dow Jones reaching all-time highs yet again, the precious metals slid lower to kick off the week.  Trading conditions were muted and gold managed to hold above its 100 day moving average at $1,220 for the second day in a row.  This is clearly the short term level to watch and a break below it could lead to a swift move down to psychological support at $1,200.  While US equities keep … Read More »