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Sales of the US Mint American Eagle gold bullion coins soared in June to 48,500 ounces from the previous month of May during which sales totaled 35,500. Demand for gold bullion coins, however, has been relatively soft compared to previous years. June sales
The precious metal markets caught on fire in a big way today. Gold prices surged the most in nine months by over $40 per ounce and silver closed in on $21 per ounce. After losing 28% last year as short term hot
After almost a three year bear market in gold and silver it’s safe to conclude that most of precious metal bears have sold out and moved on. As gold and silver prices corrected sharply over the past three years, the chorus of bearish sentiment in the mainstream press has become endemic, thus
The March sales report of American Eagle bullion coins by the U.S. Mint showed a large drop in gold bullion coins while sales of the ever popular silver bullion coins soared. Sales of the American Eagle gold
By: GE Christenson Consider our economic world from two perspectives: The Deviant View – as represented by those who visit deviantinvestor.com,
By: GE Christenson Gold peaked in August of 2011 and fell erratically into December 2013. Was that the end of the collapse, or is there more downside coming in gold prices? Bearish Scenario: Listen to the banks who
Yikes! We Have to Look at This for the Next Four Years By: GE Christenson 1. Germany requested that the NY Federal Reserve return the gold that Germany shipped to the United States decades ago. If the gold were physically in the vaults, it would be relatively simple to ship the gold back to Germany.
By: GE Christenson “Those who cannot remember the past, are condemned to repeat it.” George Santayana. 1. What mistakes from the past are we condemned to repeat? 2. Since unbacked paper currency systems have always
By: GE Christenson The year 2013 was a great year for the S&P and a terrible year for silver and gold investors. There are many indications that it is time for a reversal. If a market moves too far (up or down),
By: Vin Maru, TDV Golden Trader As everyone rings in the New Year with a toast and a cheer for a prosperous 2014, Wall Street started celebrating many months ago and is ringing in the New Year with a glass of Dom Pérignon.