Monday, June 24, 2013

13 Years of Gold Prices

Gold has increased since 2000.  So what is happening now?
Are you still buying   ?  I know I am buying all I can right now.


I see gold for sale from reliable sellers here on eBay
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Gold prices are moderately lower in early U.S. dealings Monday as prices trade not far above last week’s 2.5-year low of $1,268.70, basis August Comex futures. Bearish outside market forces are working against the precious metals to start the new trading week, as the U.S. dollar index is higher and the raw commodity market sector is under general selling pressure. The gold and silver market bears remain in strong technical control of their markets. Comex August gold last traded down $8.90 at $1,283.10 an ounce. Spot gold was last quoted down $14.70 at $1,284.40. July Comex silver last traded down $0.319 at $19.64 an ounce.
There is still risk aversion in the market place Click here to read more.

Thursday, June 20, 2013

The Question is Will Gold Ever Go Back Up?

We were all hoping gold would go to $2000, what happened?
It is still a really great time to buy gold with the price down.  I just don't feel you can ever go wrong with buying gold.  To me you can never have too much gold.

This is an article from Kitco.com on what they think is happening.
#Gold & #Silver Hammered to 2.5-Year Lows; Major Chart Damage Suggests More Downside To Come ▸ http://OnKit.co/mdRif 

Gold and silver futures prices are sharply lower and have careened to better-than-2.5-year lows in early U.S. trading Thursday. The market place sees traders and investors in a keen “risk-off” mentality following Wednesday’s U.S. Federal Reserve events. Fresh, serious technical damage has been inflicted in the gold and silver markets to suggest they will see still more downside price pressure to come. Comex August gold last traded down $70.10 at $1,303.90 an ounce. The August contract traded down to a low of $1,285.00 in overnight trading. Spot gold was last quoted down $46.40 at $1,305.25. July Comex silver last traded down $1.458 at $20.165 an ounce. July silver hit a low of $19.64 in overnight trading.

Asian and European stock markets slumped overnight. U.S. stock indexes are also solidly lower Thursday morning. Most raw commodity markets are getting hit hard Thursday. Importantly, world bond markets are also seeing serious selling pressure Thursday. The U.S. dollar index has rallied sharply after early Wednesday hitting a four-month low.

While the FOMC statement released Wednesday afternoon said U.S. monetary policy will not see an imminent change and there was no mention about tapering of the Fed’s monthly TO Read more https://www.facebook.com/KitcoNews?ref=stream&hc_location=stream


To find some gold to buy look here
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Monday, June 10, 2013

How do you how to size your gold nugget?

How do you describe the size of your gold?

This  is how we do it.

Nugget - Worn and rounded by movement through water and earth. Weighs over one grain Troy.

Coarse Gold - Remains on (won't pass through) a 10 mesh screen.

Medium Gold - Passes through a 10 mesh but remains on a 20 mesh screen.

Fine Gold - Passes through 20, remains on 40 mesh screen.

Very Fine Gold - Passes through a 40 mesh screen.


Flour Gold - Not really defined but smaller than very fine.

Where do you find gold if you are not living here in Arizona where we can find it in the dessert with our ..... Well you can find some gold nuggets here......