precious metals

Results for precious metals

PM Daily Market Commentary - 1/17/2019

Gold fell -1.87 [-0.14%] to 1296.70 on moderate volume while silver fell -0.06 [-0.42%] to 15.55 on moderate volume also. The buck was virtually unchanged [+0.02%], but SPX moved higher [+0.76%] along with junky debt [+0.26%] and copper [+0.99%]. ...

Discussion - davefairtex - Jan 18 2019 - 9:19am - 0 comments - 0 attachments

PM Daily Market Commentary - 1/16/2019

Gold rose +4.35 [+0.34%] on moderate volume while silver was unchanged at 15.62 on moderately light volume. The buck was also unchanged, UK PM May managed to survive the no confidence vote – so there will be no new election. What happens next is ...

Discussion - davefairtex - Jan 17 2019 - 6:28am - 1 comment - 0 attachments

PM Daily Market Commentary - 1/15/2019

Gold fell -2.68 [-0.21%] to 1294.22 on heavy volume, while silver dropped -0.07 [-0.41%] to 15.62 on moderate volume. The buck rallied strongly [+0.48%], along with SPX [+1.07%] and crude [+2.36%]. It was a risk on day, for the most part. While it ...

Discussion - davefairtex - Jan 16 2019 - 8:33am - 0 comments - 0 attachments

PM Daily Market Commentary - 1/14/2019

Gold rose +4.29 [+0.33%] to 1296.90 on heavy volume, while silver rose +0.04 [+0.29%] to 15.69 on moderate volume. The buck edged lower [-0.08%], while risk assets generally fell [SPX:-0.53%, crude -1.78%, junky debt -0.29%]. There were two ...

Discussion - davefairtex - Jan 15 2019 - 9:33am - 0 comments - 0 attachments

PM Weekly Market Commentary - 1/11/2019

On Friday, gold rose +0.98 [+0.08%] to 1292.61 on heavy volume, while silver rose +0.04 [+0.26%] on moderately heavy volume. Gold and silver tried to rally on Friday, but a brisk plunge in the Euro just after 9 am pulled prices back down to mostly-even. ...

Discussion - davefairtex - Jan 13 2019 - 8:40am - 5 comments - 0 attachments

PM Daily Market Commentary - 1/10/2019

Gold fell -7.09 [-0.55%] to 1291.63 on very heavy volume, while silver plunged -0.20 [-1.23%] to 15.60 on moderately heavy volume. Risk assets moved higher (SPX:+0.45%, JNK:+0.49%) while safe havens declined (TLT:-0.64%) and the buck rallied ...

Discussion - davefairtex - Jan 11 2019 - 7:34am - 0 comments - 0 attachments

PM Daily Market Commentary - 1/9/2019

Gold rose +812 [+0.63%] to 1298.72 on very heavy volume, while silver climbed +0.10 [+0.61%] to 15.79 on very heavy volume also. The buck was hit hard, losing -0.72%, and crude shot higher [+4.70%]. Today seemed to be more about large moves in currency, ...

Discussion - davefairtex - Jan 10 2019 - 10:10am - 5 comments - 0 attachments

taxation of offshore metal holdings (USA)

Hi, I am researching the viability of offshore metal holdings, and I'm trying to understand taxation (in the US).  There seems to be some confusion (at least in my mind!) of whether the holdings need to be reported to the IRS or not.  In other ...

Discussion - randyfloyd - Jan 9 2019 - 11:32am - 16 comments - 0 attachments

PM Daily Market Commentary - 1/8/2019

Gold fell -4.06 [-0.31%] to 1290.60 on very heavy volume, and silver fell -0.01 [-0.03%] to 15.70 on heavy volume. SPX rose +0.97%, the buck climbed +0.25%, crude rose +2.24%, while junky debt climbed +0.70% while treasury bonds declined. It was ...

Discussion - davefairtex - Jan 9 2019 - 8:06am - 0 comments - 0 attachments

PM Daily Market Commentary - 1/7/2019

Gold rose +4.54 [+0.35%] to 1294.66 on heavy volume, while silver dropped -0.05 [-0.32%] on moderately light volume. The buck plunged -0.55%, while SPX moved up +0.70%. Apart from the reasonably strong move down in the buck, today wasn't all that ...

Discussion - davefairtex - Jan 8 2019 - 8:32am - 0 comments - 0 attachments

PM Weekly Market Commentary - 1/4/2019

On Friday, gold fell -9.72 [-0.75%] to 1290.12 on very heavy volume, while silver moved down -0.04 [-0.25%] on very heavy volume also. The buck fell -0.15%, TLT plunged -1.18%, crude jumped +3.14%, while SPX rallied hard (+3.43%), as did JNK (+1.78%).  ...

Discussion - davefairtex - Jan 5 2019 - 9:47am - 2 comments - 0 attachments

offshore metal holdings

Hi folks, Does anyone have an offshore vault service that they trust? I think this is a potentially great way to diversify one's safe holdings in case of domestic turbulence, but who can you trust?  Especially in a potential global crash ...

Discussion - randyfloyd - Jan 4 2019 - 11:29am - 8 comments - 0 attachments

PM Daily Market Commentary - 1/3/2019

Today, gold shot up +9.80 [+0.76%] to 1299.84 on heavy volume, while silver jumped +0.21 [+1.38%] on very heavy volume. The buck fell -0.56%, SPX plunged -2.48%, the 10-year yield plunged -10.7 bp to 2.55%, a gigantic move. Bonds are just going nuts ...

Discussion - davefairtex - Jan 4 2019 - 4:55am - 1 comment - 0 attachments

PM Daily Market Commentary - 1/2/2019

On the first trading day of 2019, gold rose +1.89 [+0.15%] to 1290.04 on heavy volume, and silver moved up +0.02 [+0.13%] to 15.58 on very heavy volume. The buck shot up +0.70%, SPX barely eeked out a gain [+0.13%], while the 10-year dropped -2.5 bp to ...

Discussion - davefairtex - Jan 3 2019 - 2:58am - 0 comments - 0 attachments

PM End of Year Market Commentary - 2018

On the last trading day of 2018, gold rose +1.80 [+0.14%] to 1288.15 on light volume, while silver rose +0.11 [+0.71%] to 15.56 on moderately heavy volume. The buck fell -0.26%, while SPX climbed +0.85% and crude rose +1.72%. It was a reasonably happy ...

Discussion - davefairtex - Jan 1 2019 - 1:40pm - 5 comments - 0 attachments

PM Daily Market Commentary - 12/28/2018

Gold rose +5.21 [+0.41%] to 1286.35 on moderate volume, and silver jumped +0.15 [+1.05%] to 15.45 on moderate volume also. The buck moved down -0.04%, crude fell -0.57%, SPX was little changed [-0.12%], while TLT jumped +0.84%. I'm going to ...

Discussion - davefairtex - Dec 30 2018 - 10:06pm - 7 comments - 0 attachments

PM Daily Market Commentary - 12/27/2018

Gold rose +8.54 [+0.67%] to 1281.14 on moderately heavy volume, and silver jumped +0.19 [+1.26%] to 15.29 on heavy volume. The buck fell -0.59%, erasing yesterday's rally, crude dropped -2.62%, while SPX managed to move up +0.86%. It was a day of ...

Discussion - davefairtex - Dec 28 2018 - 4:27am - 0 comments - 0 attachments

PM Daily Market Commentary - 12/26/2018

On Friday, gold fell -2.55 [-0.20%] to 1272.60 on moderate volume, while silver jumped +0.26 [+1.79%] on heavy volume. The buck rallied [+0.57%], and SPX [+4.96%] and crude [+9.20%] shot higher, as did most everything else I track. So WTF caused all ...

Discussion - davefairtex - Dec 27 2018 - 3:57am - 1 comment - 0 attachments

PM Daily Market Commentary - 12/24/2018

On Friday, gold jumped +13.81 [+1.09%] to 1275.15 on light volume, while silver rose +0.14 [+0.95%] to 14.84 on very light volume. The buck fell -0.48%, SPX plunged -2.71%, crude was hammered losing -5.88%, while the 10-year treasury dropped -4.3 bp. ...

Discussion - davefairtex - Dec 25 2018 - 8:44am - 0 comments - 0 attachments

PM Daily Market Commentary - 12/20/2018

Gold shot up +16.91 [+1.35%] to 1265.70 on very heavy volume while silver climbed +0.18 [+1.19%] to 14.84 on heavy volume. The buck was hit hard [-0.79%], as was SPX [-1.58%], crude dropped too [-2.54%], and so did junky debt [JNK:-1.01%]. Money fled US ...

Discussion - davefairtex - Dec 21 2018 - 3:28am - 2 comments - 0 attachments