gold

Results for gold

BullionVault vs physical-in-hand vs ETF ?

[UK based but of interest to all.] It is common knowledge that 'paper' gold is not a substitute for physical metal because in times of crisis it may well be worthless. This post takes that as a given. I want to discuss the various ...

Discussion - hydnum_repandum - Oct 31 2014 - 7:19am - 0 comments - 0 attachments

PM Daily Market Commentary - 10/30/2014

Gold dropped -12.80 to 1199.00 on extremely heavy volume, and silver dropped a massive -0.63 to close at 16.43 also on extremely heavy volume.  Both metals started selling off in the afternoon during the Japan trading session, and the selling just ...

Discussion - davefairtex - Oct 31 2014 - 3:36am - 5 comments - 0 attachments

PM Daily Market Commentary - 10/29/2014

Gold was hammered following the FOMC minutes release at 1400 EDT, closing off -16.20 to 1211.80 on moderately heavy volume; silver dropped -0.10 to 17.08, a proportionally much smaller decline.   Silver is actually doing better than gold - causing the ...

Discussion - davefairtex - Oct 29 2014 - 9:04pm - 6 comments - 0 attachments

PM Daily Market Commentary - 10/28/2014

Gold rose +2.70 to 1228.00 on moderately heavy volume, while silver rose +0.08 to 17.18 on moderate volume.  PM was generally positive today - it rallied early and then spiked up hard at 0830 EDT on a "soft" durable goods report, but sold off ...

Discussion - davefairtex - Oct 29 2014 - 2:47am - 0 comments - 0 attachments

PM Daily Market Commentary - 10/27/2014

Gold dropped -5.90 to 1225.50 on light volume, and silver was down -0.09 to 17.10 also on light volume.  Gold and silver traded in a relatively narrow range, trailing off at the end of the day and closing at the lows.  The light volume suggests little ...

Discussion - davefairtex - Oct 27 2014 - 10:01pm - 1 comment - 0 attachments

Gold & Silver IRA- best allocated accounts

I purchased a precious metals IRA some years ago (Gold coins and bars & Silver bars)- unfortunately my metals are not held in a segregated, allocated account. I inquired about rolling over my holdings into an allocated account; I was informed that ...

Discussion - Robert Steinhilber - Oct 27 2014 - 1:40pm - 2 comments - 0 attachments

PM End of Week Market Commentary - 10/24/2014

On Friday gold dropped -1.00 to 1231.20 on moderate volume, while silver was up +0.01 to 17.19 on light volume.  Both gold and silver traded sideways for most of the trading day. Miners did not confirm any reversal from their strong performance ...

Discussion - davefairtex - Oct 25 2014 - 1:26pm - 0 comments - 0 attachments

PM Daily Market Commentary - 10/23/2014

Gold dropped -9.10 to 1232.20 on moderately heavy volume; silver actually rose +0.02 to 17.18 on moderate volume.   Gold sold off during London trading hours, spiking down hard early in NY as the dollar made a new high.  As the buck retreated, gold ...

Discussion - davefairtex - Oct 23 2014 - 10:49pm - 7 comments - 0 attachments

PM Daily Market Commentary - 10/22/2014

Gold dropped -8.40 to 1241.30 on moderate volume; silver dropped -0.34 to 17.16 also on moderate volume.  Gold traded more or less sideways until 0830 EDT, when the CPI release (showing softer than expected inflation) caused gold to drop $8.  Gold never ...

Discussion - davefairtex - Oct 22 2014 - 8:24pm - 0 comments - 0 attachments

PM Daily Market Commentary - 10/21/2014

Gold closed up +2.30 to 1249.70 on moderately heavy volume; silver was up +0.08 to 17.50 on moderate volume.   Gold tried rallying twice today at one point hitting 1255.60 and breaking through its 50 MA, but it failed to hold onto its gains and sold off ...

Discussion - davefairtex - Oct 21 2014 - 8:40pm - 0 comments - 0 attachments

PM Daily Market Commentary - 10/20/2014

Gold closed up +8.90 to 1247.40 on moderately light volume; silver rose +0.15 to 17.42 on light volume.  Gold spiked modestly higher in Asia and London trading, and held its gains through the close in NY.  Silver rose in a similar pattern, but gave up ...

Discussion - davefairtex - Oct 21 2014 - 12:25am - 2 comments - 0 attachments

PM End of Week Market Commentary - 10/17/2014

On Friday gold dropped -0.60 to 1238.50 on moderate volume, while silver was down -0.08 to 17.27 on light volume.  Gold traded sideways for most of the trading day, except for a three-hour visit to the 1231 level starting around 10:00 EDT with a rebound ...

Discussion - davefairtex - Oct 18 2014 - 1:10pm - 1 comment - 0 attachments

PM Daily Market Commentary - 10/16/2014

Gold closed down -2.20 to 1239.10 on heavy volume; silver was off -0.09 to 17.35 on moderate volume.  Gold tracked mostly sideways today as did silver, with silver looking weaker than gold overall.  I'm not sure where gold's heavy volume came ...

Discussion - davefairtex - Oct 16 2014 - 7:27pm - 1 comment - 0 attachments

PM Daily Market Commentary - 10/15/2014

Gold closed up +8.90 to 1241.30 on extremely heavy volume; silver was up +0.06 to 17.44 on heavy volume.  PM sold off for the first half of the trading day, with gold hitting 1221 and silver 17.02, but PM started to recover at around 0700 EDT.  Then at ...

Discussion - davefairtex - Oct 15 2014 - 11:46pm - 0 comments - 0 attachments

PM Daily Market Commentary - 10/14/2014

Gold closed down -4.50 to 1232.40 on moderate volume, while silver was off -0.11 to 17.38 on light volume.  From the perspective of the gold priced in USD, gold took a rest today, selling off modestly on relatively light volume.  The dollar's move ...

Discussion - davefairtex - Oct 14 2014 - 7:26pm - 0 comments - 0 attachments

PM Daily Market Commentary - 10/13/2014

Gold closed up +13.60 to 1236.90 on moderate volume, while silver was up +0.10 to 17.49 on light volume.  Gold outperformed silver, moving the gold/silver ratio up +0.36 to 70.72.  A weaker dollar helped the metals move higher today.  Gold looked ...

Discussion - davefairtex - Oct 13 2014 - 10:05pm - 1 comment - 0 attachments

PM End of Week Market Commentary - 10/10/2014

On Friday gold dropped -0.60 to 1223.30 on moderate volume, while silver was up +0.05 to 17.39 on light volume.  PM traded in a relatively narrow range, dropping modestly in the middle of the trading day but then recovering its losses by end of day in ...

Discussion - davefairtex - Oct 11 2014 - 5:07am - 1 comment - 0 attachments

PM Daily Market Commentary - 10/9/2014

Gold closed up +2.00 to 1223.90 on very heavy volume, while silver was down -0.03 to 17.34 on heavy volume.  Both gold and silver rallied strongly during London trading hours, with gold reaching 1234 and silver rising to 17.72, but a brisk dollar ...

Discussion - davefairtex - Oct 10 2014 - 8:04am - 2 comments - 0 attachments

PM Daily Market Commentary - 10/8/2014

Gold closed up +13.20 to 1221.90 on very heavy volume, while silver was up +0.20 to 17.37 on moderately heavy volume.  PM was generally positive in London, but sold off unpleasantly after the NY open, and things looked a bit grim up until the FOMC ...

Discussion - davefairtex - Oct 8 2014 - 10:40pm - 0 comments - 0 attachments

PM Daily Market Commentary - 10/7/2014

Gold closed up +1.40 to 1208.70 on heavy volume, while silver dropped -0.16 to 17.17 on moderately heavy volume.  PM spiked higher several times during the day but neither silver nor gold could hang onto gains made, selling off into the close.  At one ...

Discussion - davefairtex - Oct 8 2014 - 2:39am - 5 comments - 0 attachments