Can the US Mint Handle Demand for the Ultra High Relief Gold Double Eagle?
For much of the year, the United States Mint has been touting the upcoming recreation of what they have called the “nation’s most beautiful coin.” Augustus Saint Gaudens’ design for the Ultra High Relief Gold Double Eagle will be recreated as a one ounce 24 karat gold coin available for sale to the public.
The Mint’s [...]
Analysts Opinions on Gold
Recently published commentary from analysts at Citigroup and JP Morgan both paint a bright picture for the future of gold. Citigroup specifically mentions the $2,000 level as attainable. JP Morgan recommends buying gold for the run into the holidays.
The Citigroup report runs down many factors that are well known to gold investors. Citi mentions the [...]
Gold and Silver News & Headlines for December 2
Going for the gold: The Real Deal
You may have heard anecdotal stories about this already. While investigating “cash for gold” companies, Reporters received offers of $112.34 and $766.74 for the same amount of gold. In reality, both offers were probably too low.
It’s a Gold and Silver Rush
I always like these first hand accounts of people [...]
Seasonal Gold Price Trends
At the beginning of November, I took a look at the seasonal price trends for gold. Back then, it seemed that November and December were historical good months for gold. This came as a relief following gold’s seasonally weakest month of October.
Gold came through big time in November rising from $730.75 to $814.50, representing a [...]
