Welcome to Our Almost Famous Gold Newsletter written daily by Ken Edwards and Richard Schwary after the COMEX 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.
Our Almost Famous Gold Newsletter will include the GoldDealer Activity Scale which is a computer generated number between 1 and 10 providing an accurate measurement of CNI buying and selling volume.
This newsletter is not designed to sell products or hype markets. It will offer an opinion about market direction from old time bullion dealers with 35 years of physical trading experience.
Our Almost Famous Gold Newsletter will 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 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.
Of course it’s free and you can sign up using the form below. We promise you will not be accosted with “Special Deals”, immediate get-rich schemes or telephone calls trying to sell you something you don’t want.
We are proud to say there are no telemarketers working for GoldDealer.com. Everyone is salaried and eager to answer your questions while providing the best bullion prices in the nation.
So why not sign up? If you feel like it you can offer your own opinion. It’s fun, the site is encrypted and no personal information is released or sold. Remember to use your F5 Key (Refresh) to see current postings. To read what other people are saying about America’s favorite coin dealer please visit CNIGoldDealer.com
The Gold Newsletter Week in Review
Gold Blinks in the Face of Higher Interest Rates Commentary for Friday May 27, 2016 (www.golddealer.com) Gold closed down $11.40 at $1207.70 in another round of selling going into the long weekend. Fed Chair Janet Yellen’s public comments today were very hawkish – she is pleased with most aspects of…
Gold Fails an Attempted Higher Move Commentary for Thursday May 26, 2016 (www.golddealer.com) Gold closed down $3.20 on the Comex today at $1220.10 as gold turned a potentially winning day into its 7th loss in as many days. The erratic movement in the price of gold was just dollar related….
Gold Sees Follow-Through Selling Commentary for Wednesday May 25, 2016 (www.golddealer.com) Gold closed down $5.40 at $1223.50 as gold once again struggles against a potential rate hike in June. So it continues to unwind but I would not read too much into this journey. The solid technical picture we have…
Gold Breaks Lower over Possible Interest Rate Hike Commentary for Tuesday May 24, 2016 (www.golddealer.com) Gold closed down $22.60 at $1228.90 – this was the other shoe falling. The easy answer as to why gold continued to sag this morning…new home sales. The actual number blew past the estimate further…
Gold Closed Quietly Lower Commentary for Monday May 23, 2016 (www.golddealer.com) Gold closed down $1.90 on the Comex today at $1250.50 in very quiet trading. Gold traders are now only interested in dollar strength – there is little in the way of leftover momentum “expectation”. The Fed “talk” has changed…
Sign Up for Email Delivery – It’s Complimentary!