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  • Gold Rallies Above $1600 on EU News, Weaker USD

    • July 25, 2012
    • Category: News

    Los Angeles, CA – August Gold futures rose to a two week high Wednesday on a strengthening Euro and weakening U.S. Dollar. Gold rose $23.50 or 1.5% to $1601.60 per ounce after a European Central Bank council member said there are arguments for getting a banking license for the ESM (European Stability Mechanism). Silver futures

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  • Fed Notes Disappoint, Keep Precious Metals Even

    • July 18, 2012
    • Category: News

    Los Angeles, CA – The precious metals complex is trading slightly lower this week after disappointing comments made by Federal Reserve Chairman Ben Bernanke before lawmakers Tuesday. In addition, traders and investors are showing a general “risk-off” mentality Wednesday as factors from “outside markets”, namely a strong U.S. dollar and slightly lower crude oil prices,

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  • 3 Commonly Asked Questions About Gold

    • July 13, 2012
    • Category: Gold

    People who are skeptical about buying gold tend to have a few basic questions before they commit to purchasing their first coins or bars. Below we have listed 3 questions which most first-time buyers ask. Is It Legal to Own Gold in Mass Quantities? Yes – there are no legal restrictions as to how much

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  • Gold Below $1600 per Ounce

    • July 6, 2012
    • Category: News

    The end of the week shows good news for those who have been apprehensive about buying gold and silver. Often times, there is a mentality of waiting to buy these precious metals until they hit or fall below a certain price. If you fall into this group, then now is time to buy. Buy Low

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  • Thinking Long Term About Precious Metals

    Savvy buyers of gold and silver understand a few more things than your typical investor does. Yes, you can classify gold as an investment, however there are 3 other solid reasons that motivate buyers of precious metals. Long Term Investment: When gold or silver take a sharp turn of 2 or 3% in a single

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  • No News Is Good News for Gold and Silver

    • June 25, 2012
    • Category: Gold

    There are plenty of good indicators at the moment as to why you should buy gold and silver. You will hear the “experts” say the price is right, the climate is right and the timing is right for many different reasons. However, there is a more basic reason as to why you may need to

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  • Spain Falters and Gold Will Rise

    • June 19, 2012
    • Category: News

    You don’t need complicated economic algorithms to understand one simple fact…Europe is on a downward spiral. Spain, Ireland, Greece and Portugal are all calling for outside help. Europe can easily help one country, but when one country becomes many – Europe won’t even be able to help itself. What Does This Have To Do With

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  • Gold Soars on Unemployment Report, Fearful Economic Outlook

    • June 1, 2012
    • Category: News

    Los Angeles, CA – August gold future contracts rose sharply Friday on fresh unemployment news out of the United States and deepening fear that the global economy has taken a turn for the worse. August gold contracts on the Comex division of the New York Mercantile Exchange rose to $1626.30 an ounce, up almost 4%

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  • Atmospheric Changes Affect Gold Prices – When to Buy

    • May 30, 2012
    • Category: Gold

    Supply and demand can clearly affect the price of any given commodity. This is also true for gold, yet in recent years we have seen tremendous atmospheric changes affect how gold behaves. Let’s look now at a few of these factors. Psychological: Recently you may have heard statements like “Gold has a psychological resistance of

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  • About Those “Cash 4 Gold” Signs

    • May 25, 2012
    • Category: Gold

    We have all seen them. Those “Cash 4 Gold” signs being waved around frantically to help pawn shop owners drum up more business. It seems like these people are on every street corner. Thus the question arises, “Should I sell my scrap gold?” You may indeed get some decent money for your old gold jewelry

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