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

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

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

How to Predict the Gold and Silver Price

Lynn On May 5, 2015 / General Market, Gold, Silver

Here’s the news from last week: Better than expected data in the US cushioned the US Dollar Dollar weakness at times last week failed to lift gold and silver prices The Dollar showed signs of recovering The (metals) bull camp faces ongoing liquidation threats this week due

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

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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