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” bullion products offered by telemarketers today.
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 looking for something fun and not too serious.
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The Gold Newsletter Week in Review
Gold Moves Higher into the Weekend Commentary for Friday, Nov 16, 2018 (www.golddealer.com) – Gold closed up $8.00 at $1220.80. The Monday close was $1201.30 so on the week gold moved higher by almost $20.00 but more importantly created some real buzz in the process. So gold continues to surprise – or is this […]
Gold Firms Up? Commentary for Thursday, Nov 15, 2018 (www.golddealer.com) – Gold closed up $4.90 at $1212.80. A little excitement today – but not much – gold was firm, most likely because of safe-haven buying stemming from problems in England and Brexit. Actually the whole of Europe could use some good news – their […]
Gold Remains Quiet Commentary for Tuesday, Nov 13, 2018 (www.golddealer.com) – Gold closed down $2.10 at $1199.20 in quiet trading today. It looks left footed to me – but there are still big questions regarding safe haven demand relative to possible big shifts in the DOW and more likely the notion of returning inflation. […]
Gold Blinks Commentary for Friday, Nov 9, 2018 (www.golddealer.com) – Gold closed down $16.50 at $1206.40. Looking for something consistent about the gold trade these days? The public in general and traders in particular change their minds quickly. Now you might say this is obvious and you would be right but this habit does […]
Gold Quietly Settles Commentary for Thursday, Nov 8, 2018 (www.golddealer.com) – Gold closed down $3.30 at $1222.90 in quiet trading. With consistent trading ranges of a few dollars gold continues to underwhelm but does not seem to have trouble holding the higher ground. It has basically ignored both the Democratic House win and the […]