For a short bit Tuesday, gold slid 2% to below the $1600 mark. The drop marks an 8-month low for the yellow metal. Silver too was beaten by day’s end. As of 5:00 PM Eastern on Tuesday, it was down to just below $29.50. Even though it seems gold has been stuck in a rut…
Analyst Dan Norcini Explains Recent Dip in Metals Prices
In an interview with King World News, veteran observer and analyst Dan Norcini explained the cause of this week’s dip in gold and silver prices. This dip has led some to question the strength of these markets but Norcini has another take that’s important to consider. Just this week, gold and silver have taken a…
Learn What You Need to Know About Popular Bullion Coins
If you’re just starting to wade into the waters of investing in gold and silver bullion, you’re probably scratching your head trying to figure out what you should buy. You’ve heard about Silver Eagles and Canadian Maple gold coins but that’s about the extent of your knowledge. To help our customers and the general public…
Jim Cramer – Buy and Hold Gold, Don’t Trade
After a few weeks of consistent gains, gold took a 4.3% nosedive this past Wednesday. This may have some wondering if it’s a good time to sell, or is it a good time to buy? According to TV personality and co-founder of TheStreet.com Jim Cramer, investors should be buying and holding gold and not trading…
What Would a U.S. Government Debt Default Be Like?
From reading and watching current events, the public at large has become quite alarmed at the national debt and possibilities of default. It’s certainly a big issue dominating the political conversation in the U.S, Europe and even around the world. Last summer, the specter of a default came into focus as the Congress, President and…
California Man Finds $500k Worth of Bullion in Abandoned Storage Locker
Talk about a once in a lifetime event!! An anonymous California man recently found $500,000 worth of gold doubloons, old Spanish coins from the 1600s along with assorted array of other gold and silver coins in an abandoned storage unit in Contra Costa, California. The man won the storage unit in an auction held by…
