A Great Reason To Buy Gold Now

Buy Gold Right Now

There are many good reasons to buy gold right now. Among those reasons are failing fiat currencies, inflation, government misspending, crooked banks, and rigged markets just to name a few. In this short article, however, we will discuss a great reason to buy gold right now because this reason is a game changer. Over the past several years I’ve written hundreds of articles for ITM Trading. Through blogs and posts, I have chronicled changes in the United States economy and … 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 »

A-Mark Bullion Update

3.7.2017 Since failing multiple times at its 200 day moving average, gold has trended lower and has fallen in its last four consecutive trading sessions.  Fed rhetoric from multiple officials is pointing towards the increased likelihood of a rate hike next week.  The combination of a technical failure at the 200 day moving average plus this chatter has weighed on gold and the rest of the precious metals complex.  Near term support is coming in at the convergence of the … Read More »

A-Mark Bullion Update

3.1.2017 Gold failed to move higher through its 200 day moving average for the third consecutive day and closed on its lows today.  The Dow faltered, finishing slightly lower after trading up in eleven of the last fourteen trading sessions.  And treasuries fell after two Federal Reserve officials indicated that a rate rise may occur as soon as the March meeting.  The USD index moved steadily higher while traders sold gold lower.  All in all, it was a fairly quiet … Read More »

A-Mark Bullion Update

2.22.2017 After the long weekend in the US, the Dow Jones made all-times yet again, the USD moved higher, and gold somehow managed to hold onto its footing fairly well.  Commodity Futures Trading Commission (CFTC) data showed on Friday that speculative net Comex longs in gold fell by 9%.  This reduced bullish positions to a four week low but positions are still up about 50% since the beginning of 2017, a reflection on gold’s strong performance so far this year.  … 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 »

A-Mark Bullion Update

2.2.2017 Ahead of yesterday’s FOMC decision, the precious metals were on the defensive after better-than-expected manufacturing and private sector employment data weighed on the complex. The ADP jobs figure widely beat expectations, with an increase of 246,000 jobs versus the consensus of 165,000, and the USD rallied while gold slid lower. Gold moved higher as the FOMC approached and then rallied further during and after the meeting. The Fed left rates unchanged and the terminology was vague as to the … Read More »

2016 Gold Investing Results

2016 Gold Investing Results

2016 is in the books. The year is over and those that tally numbers have tallied them. Some investments have done well, some not-so-well. Gold started off the 2016 year very strong against the US dollar. However, gold prices dropped quite a bit during the latter part of the year. Gold prices did, however, manage to post a 7.11% gain against the US dollar last year. The 2016 gold investing results, however, involve more than just the US. Gold is … Read More »

A-Mark Bullion Update

1.27.2017 After failing at $1,220 on four separate days in the last week and a half, gold gave up on pushing higher and has now traded lower for three consecutive days.  Unsurprisingly, gold’s move south coincided with the USD gaining ground and with the Dow pressing above 20,000 for the first time ever.  The bevy of contentious headlines being made at the start of Trump’s presidency are offering little in the way of safe haven bids for gold thus far.  … Read More »