It’s unclear at this point what is going to happen in the U.S. Capitol–will the Senate find compromise on the House budget bill? Will the debt limit be raised? Will the standoff continue?–and investors of all stripes are watching closely. Gold prices have been a roller coaster for the past week, spiking after news the…
Over Melt vs. Over Spot
Unlike other products you may buy, the price of precious metals changes by the minute. It can be complicated–and gets more complicated when you try to understand terms like “over spot” and “over melt.” It sounds complicated, but these terms aren’t too bad. In essence, spot prices are the price at which a particular precious…
Diamond Mining Across the Globe
The things we often take for granted, be it our home, food or clothing, were made possible through raw materials found in the Earth’s surface. Both gold and silver are metals that formed in the Earth’s crust long ago. They carry a special value because of their purity, limited supply, and of course, universal recognition….
Is Junk Silver Actually a Treasure?
Why is Junk Silver valuable today? When we hear the word “junk,” the image of a valuable silver coin doesn’t immediately come to mind. The word “junk” is typically considered a negative adjective – “my car is a piece of junk” or “I’ve got to clean up this pile of junk.” But when we’re talking…
The Bernanke Effect
Following the release of the economic forecast by the Federal Open Market Committee (FOMC) yesterday, U.S. Fed Chairman Ben Bernanke’s taper talk sent stocks and commodities tumbling. Maybe tumbling isn’t the right word… Collapsing to near three-year lows, gold has dipped below $1,300 for the first time since the fall of 2010. Prior to the…
Short vs. Long-Term Gold Investors: Understanding Market Players
The gold plunge in April was no secret. It shed more than $200 an ounce and suffered its worst moment in 30 years. If you heard about the historic fall through the major networks, you may have ascertained that investors had given up on gold and moved their money into stocks, dollars and other investments….
