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

Franc Down, Gold Up!

Lynn On January 16, 2015 / Daily Market Watch, General Market, Gold, Silver

A shocking move from the Swiss National Bank reignited markets fears and caused investors to flock to gold as a safe haven. Switzerland’s central bank abandoned its long-standing floor against the euro which spurred colossal intraday moves for currencies. The Swiss National Bank (SNB) also cut its

Time to Swap Your Gold for Silver!

Lynn On January 13, 2015 / Daily Market Watch, General Market, Gold, Silver

Crude oil is approaching six year lows, the US Dollar is stronger. Under normal circumstances, this would mean the precious metals would be trading lower. All four traded higher today. Gold is breaking out to the upside and hit twelve week highs today. Since breaking through a

Year End Metals Performance

Lynn On January 1, 2015 / Daily Market Watch, General Market, Gold, Silver

Here is the year end performance for the year. The first number is the close on December 31, 2013, second number is the close on December 31, 2014, and the third number is percentage change. DOW: 16,539.58 vs. 17,823.07, up 7.8% S&P 500:, 1,844.72 vs. 2,058.9, up 11.6%

Where is the Market Going, and What Should I Do Now?

Lynn On December 2, 2014 / Daily Market Watch, General Market, Gold, Silver

By: John Fisher You may find yourself asking, “What should I do now?” Yesterday the market rallied significantly. On Monday, gold was trading as much as $75 an ounce above the initial lows, while at times, silver was trading as much as $2.60 an ounce above its

Silver Blowout!

Lynn On November 18, 2014 / Daily Market Watch, General Market, Silver

We bought an estate of silver yesterday and are going to move it all out. We have a large variety of silver items. Prices are listed according to type. Prices over spot:: 1 ounce rounds from $0.49 to $1.49 1 ounce bars from $0.59 to $1.59

Silver Eagles are in Short Supply

Lynn On November 12, 2014 / Daily Market Watch, General Market, Gold, Silver

While Silver Eagles are available, we would recommend that you consider low cost alternatives. The US Mint caught market participants off guard last week when they announced that Silver Eagles were sold out. This week they updated the situation by informing Authorized Purchasers that silver eagles will

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