Welcome to Our Almost Famous Gold Newsletter written daily by Richard Schwary after the CME close. This commentary will look at the gold, silver, platinum and palladium markets and consider what happened to create these changes on the trading floor. It will also offer world class commentary from other sources in a balanced and straightforward manner.
This newsletter is not designed to sell products or hype markets. It will offer an opinion about market direction from an old time bullion dealer with 37 years of physical trading experience.
Our Almost Famous Gold Newsletter will sometimes include talk about bullion premiums, why they change and how this affects public choices. And, on occasion we will remind readers to be careful about some “so-called” products regularly offered by telemarketers today.
The newsletter also encourages your participation allowing readers to ask questions. And a difference of opinion is encouraged. All offered in the family spirit of trying to understand the physical precious metals market. We include a few jokes to keep the commentary on the light side and have no problem poking fun at leaders in a respectful way. In a world which has been turned on its head with currency expansion Our Almost Famous Gold Newsletter is finding a niche among precious metals readers.
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The Gold Newsletter Week in Review
Gold Holds its Ground into the Weekend Commentary for Friday, Oct 19, 2018 (www.golddealer.com) – Gold closed down $1.20 at $1225.30. The best you can say about gold prices is that they have turned choppy leaving the bulls wondering about recent gains but at the same time they have remained steady above $1200.00 in spite […]
Gold – Opinions Remain Split Commentary for Thursday, Oct 18, 2018 (www.golddealer.com) – Gold closed up $2.80 at $1226.50, so gold continues to be “bid” in the sense that traders are interested but not chasing this market. I think the gold trade is split on this latest rise in prices which sees gold above $1200.00. […]
Gold Holds Up – For Now Commentary for Wednesday, Oct 17, 2018 (www.golddealer.com) – Gold closed down $3.60 today at $1223.70. An interesting close with no action in the after-market considering the September FOMC minutes were released. The Fed folks argued about what might be considered a “neutral” interest rate – I would assume this […]
Gold – There is Still Buzz Commentary for Tuesday, Oct 16, 2018 (www.golddealer.com) – Gold closed up $0.90 at $1227.30 – in the green but the market closed clearly off its highs. So gold continues firm today but the eventual takeaway in my mind is that stocks soared on job’s information and earnings. I still […]
Gold Continues to Create Interest Commentary for Monday, Oct 15, 2018 (www.golddealer.com) – Gold closed up $8.30 at $1226.40 today the highest close since last summer. And there is some buzz developing as traders wonder about the potential scandal and fallout with the Saudi’s and Trump’s warning that he will not be happy if anything […]