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 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

Safe Deposit Boxes & Confiscation

Lynn On June 19, 2015 / Daily Market Watch, General Market, Gold, Silver

On April 1st, 2015, JPMorgan Chase bank informed their clients who rent safe deposit boxes that their policies would change, specifically in relation to precious metals and cash. Specifically, the following condition: “Contents of box: You agree not to store any cash or coins other than those

Margin Debt Breaks Out: Hits New Record 50% Higher Than Last Bubble Peak

Lynn On June 3, 2015 / Daily Market Watch, General Market, Gold, Silver

By: John Fisher The amount of margin debt just hit a new all-time high of $507 billion, $30 billion more than the month before, and nearly 50% higher than the last bubble peak reached in October 2007. This Zero Hedge story showed up on their website early

Stock Market vs Gold

Lynn On April 28, 2015 / Daily Market Watch, General Market, Gold

Do you ever stop to compare the stock market vs gold? You may find this a surprise, but gold has out performed the stock market since 2000. Granted, the stock market is rising while the metals have been falling, but that too may change. The stock

Big move this week – OR NOT!

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

Big moves, such as those of yesterday and today leave people unsure of what steps to take. When taken in perspective, these moves are nothing more than common price action within a narrowing range. Silver is being squeezed and will have to break. These patterns typically

Watch Out! NASDAQ Reaches Former Bubble Peak

Lynn On April 22, 2015 / Daily Market Watch, General Market, Gold, Silver

The NASDAQ reaches former bubble peak; this chart illustrates the overall trend of the Nasdaq Composite since 2000. The post-financial crisis rally (which began in early 2009) has been significant enough to have the NASDAQ surge well past its credit bubble highs of late 2007. In addition,

Why Should I Buy When the Price is Dropping?

Lynn On March 11, 2015 / Daily Market Watch, General Market, Gold, Silver

That’s a good question, but let me answer with another question: “Why would you buy gold (or silver) when the price is going up?” Let’s think of it this way. Suppose you were building a new home and each week you went to the hardware store to

Why the Dip in Spot Prices?

Lynn On February 6, 2015 / Daily Market Watch, Gold, Silver

12:00pm EST Friday 2/6/14 Gold is slumping after a stronger-than-expected U.S. jobs report prompted investors to turn their attention toward growth-sensitive investments like stocks. Gold is presently down $33, or nearly 3%, at $1,232 a troy. Silver is down $0.58 to $16.68 or 3.5%. U.S. nonfarm payrolls

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