Archive for August, 2009

Gold and silver are
both lower with gold dipping below the $950 level.  Gold and silver are both under a little pressure as a result of a
stronger dollar, up 13 basis points to 78.46 and very weak oil prices.  Oil is down $2.63 at $70.11 a barrel.  The equity market is also feeling the pressure
of these factors, down 100 points at 9,443, while gold trades at $948.90 on the
nearby contract.  The London markets are
on holiday and that has created a very thin m…

Original Post By Google News by Joe Battaglia

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08/31/2009 - Listen to today’s discussion of events shaping our economy, the precious metals and rare coin markets and your investments.

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Gold and silver are
both lower with gold dipping below the $950 level.  Gold and silver are both under a little pressure as a result of a
stronger dollar, up 13 basis points to 78.46 and very weak oil prices.  Oil is down $2.63 at $70.11 a barrel.  The equity market is also feeling the pressure
of these factors, down 100 points at 9,443, while gold trades at $948.90 on the
nearby contract.  The London markets are
on holiday and that has created a very thin m…

Original Post By Google News by Joe Battaglia

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Coin of Praise
New York Times
It is worth recalling that gold coins called “sovereigns” were first minted in England under Henry VII in 1489 and production continues to this day.

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Why Did The US Government Confiscate Gold In 1933 And Can It
Gold Seek
What we did not tell you and we correct now, was that US citizens, under Order 6102, were to own up to $100 in gold coin [+5 ounces].

Original Post By Google News Click Here For The Entire Article

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