Bargain Basement Commodity Prices

Lynn On December 12, 2015 / Daily Market Watch, General Market, Gold, Silver

Commodity Prices At A 22 Year Low Falling commodity prices are putting the squeeze on the entire precious metals complex. A Bloomberg index of 22 weighted commodities has fallen to its lowest level in over 16 years. (See chart below.) OPEC has essentially decided not to cut

Gold and Silver Price Jumps on Poor US Jobs Report

Lynn On October 2, 2015 / Daily Market Watch, General Market, Gold, Silver

Gold for December delivery on the Comex jumped $13.30 or 1.2 percent to $1,127.0 per ounce after the release of the September US non-farm employment report fell short of expectations. The US economy added 142,000 jobs in September, below the forecast of 201,000, and the August figure

Precious Metals Storage in the Caymans

Lynn On October 1, 2015 / General Market, Gold, Silver

We want to take a moment to introduce one of our recommended depository partners in the Cayman Islands, Strategic Wealth Preservation (SWP). Why do we often recommend SWP in the Caymans for depository storage for our clients? A better choice. The Cayman Islands is the fifth largest financial center in the

Physical Silver Delivery Delays Worsen!

Lynn On September 16, 2015 / Daily Market Watch, General Market, Silver

Delays on physical silver are getting longer – and it will get worse. For example, one of the country’s largest wholesale distributors for all of the world mints and largest refiners reports the following delays: 1 oz. rounds – October 27th at the earliest, until as late

The State of the Physical Silver Supply

Lynn On August 28, 2015 / Daily Market Watch, General Market, Silver

Physical silver supply is as tight as it has been in years. I personally cannot remember virtually all forms of silver being delayed this long. Delays are as follows: Silver Eagles: 3-4 weeks minimum (premium $4.00 minimum) Silver Maple Leafs: 10 weeks

DOW to 5,000? Yes, it could happen.

Lynn On August 24, 2015 / Daily Market Watch, General Market

By: Brett Arends Could we see the DOW at 5,000? A true understanding of stock market history shows that Wall Street in the past has moved in long, long swings upwards and downwards, often taking years or even a generation or two. There is a great deal

Buy Here, Store Here, Ripped Off Here

Lynn On August 7, 2015 / Daily Market Watch, General Market, Gold, Silver

Bullion Direct -Buy Here, Store Here, Ripped Off Here Yet another rip-off by a firm that sold bullion and stored it on behalf of their customers, only for the customer to find out that the metal was never purchased on their behalf. This is not the first

“We Are Sold Out of Silver”

Lynn On August 5, 2015 / Daily Market Watch, General Market, Silver

We recently received this email notice from one of the larger, well-respected wholesale distributors in the industry. While the spot price of silver has softened, physical demand is stronger than ever. What to make of it? The paper silver market and physical silver market are at opposite

Gold Price Plunges to 5 Year Lows

Lynn On July 20, 2015 / General Market, Gold

Gold plunged to 5 year lows when the gold price crashed through the $1,100 per ounce mark during Asian hours today, with the metal now trading at its lowest level since March, 2010. Scores of Chinese traders offloaded more than five tonnes of metal – pushing the

Gold Down on Bearish Charts, Outside Markets

Lynn On July 8, 2015 / Daily Market Watch, General Market, Gold

By: Jim Wyckoff Gold prices have dropped to a 3 ½ month low over the last two days. Silver prices fell to a 7 month low in trading Tuesday. Let’s see why: Many world markets (excluding the U.S.) look terrible (China in particular.) The U.S. dollar index

Yearly archive for 2015