Friday, May 24, 2013

Have you ever bought a gold nugget?

Have you still got your gold nugget?
Do you think it is still a good idea to buy gold?
I think now is the time to be buying gold.  The price is way down with everyone worried that some bank overseas is going to sell off their gold.   What websites do you follow to find out gold prices?  I use Kitco.com, I really like their charts.  You can find their price chart on the right of my page.
  

Click here to see my Gold Nugget...

Are You Metal Detecting for your Gold? Here are reviews.

Metal detecting is very popular here in AZ.  This article has reviewed many of them.  http://www.thebestmetaldetector.com/

We have metal detecting clubs with over 1000 members in just ours.  There is a club in Yuma, Laughlin, San Diego and Phoenix.  The clubs buy up mining claims and when you join for only $20 a year you get to use those claims.  Lots of gold nuggets have been found on our claims with metal detectors.  Enough to pay for it and more.  To see some for sale new and used .Metal Detectors">....
We have been lucky enough to acquire some nice gold nuggets, see them here ..Gold Nuggets..


Monday, April 29, 2013

What is Gold Going to Do this Week Up or Down?

After the last couple of weeks it will sure be interesting to see what gold does this week.  We have bought it while it was low now maybe time to sell some of that off.
Right this minute it is $1475.
This is what the experts are saying.

Gold maintained a close above our suggested stop loss on Friday at $1,454 and filled the retracement to $1,477. News this week should create the pivot to break the range. The European Central Bank will meet to discuss interest rate policy, although Germany is expected to resist dropping key rates from its current 0.75% level, so, the grinding slowdown in the other EU member economies may win the day.
The “experts” are suggesting that a drop in EU rates will be very bullish for gold. On its face, added liquidity should be price supportive for the metal. However, I caution that lower EU rates may have a serious implication for the value of the Euro. This may create more demand for the US dollar, which “historically” is negative for the commodity complex.  To read more from Pete Hug http://www.kitco.com/ind/Hug/2013-04-29-Pivot-Week.html
Here is where you can buy some nice gold nuggets http://www.webstore.com/16272,user_id,shop


Friday, April 26, 2013

Monday, April 22, 2013

Is Gold Still a Good Investment?


Gold investors are bruised but not broken. But, the yellow metal is still vulnerable to another down wave of selling pressure. Last week's action and modest rebound was a "pause" to the bear collapse. Friday's bearish shooting star candle on the daily June Comex gold futures chart shows the bulls are unable to defend gains right now.
Given gold's recent fall from grace as gold ETF holders dump positions and rush for the exits, the yellow metal for now has lost its "safe-haven" cache—its appeal as a store of wealth as developed nations’ global central banks continue to embark on massive money-printing and quantitative easing ventures. None of those factors have disappeared: global central banks continue to debase fiat currencies with their current monetary accommodation, but for now the overwhelming sluggish global growth continues to hold inflation at bay, which has decreased the perceived need to hold gold for now.
Despite the recent collapse in prices, there remain strong and solid factors that argue for portfolio diversification into gold. Lower prices points ahead may offer savvy long-term investors and players a better entry zone.
To read more

So Now What Will Happen With Gold This Week?

After watching gold go down so fast now what will happen this week?

I believe it will go up.

Here is what the experts are saying:

After the sharp price losses in gold, survey participants in the Kitco News weekly survey said they expect values to rise at least slightly next week.
In the Kitco News Gold Survey, out of 35 participants, 27 responded this week. Of those 27 participants, 17 see prices up, while four see prices down, and six see prices moving sideways or are neutral. Market participants include bullion dealers, investment banks, futures traders, money managers and technical-chart analysts.
 To read more http://www.kitco.com/kgs/goldsurvey_apr192013.html

Some market participants said this very strong physical demand helped to stem the selling tide in the futures market and allowed gold to bounce from this week’s low of $1,321.50 in the June futures. On a Comex spot continuation chart, this was the lowest price for Comex gold since September 2010.
Yet others said now that gold is in a bear market, which is defined as a 20% drop in value, some traders are using any bounces in the yellow metal as a selling opportunity.
Kevin Grady, president of Phoenix Futures and Options, said in the futures market there was “a tremendous amount of shorting activity seen.”
He also said the $1,425 area – around the Friday high of $1,424.70 – is right now seen by bearish traders as an area to establish new shorts. Prices might be able to drift higher next week, he said, but until gold prices can move over $1,535, the trend in gold is down. That area is just above the support level that triggered the waves of selling in gold last week. To read more http://www.kitco.com/reports/KitcoNews20130419DeC_metalsOutlook.html

ANUATED.Webstore.com  is the place to buy your Gold!

Saturday, April 20, 2013

Of Course the Demand for Gold is UP

What did you think would happen when the price for gold and silver fell so low?  The demand goes up.
Peter Hug over at Kitko backs me up on this one.

As is to be expected with the recent drop, physical demand, especially for silver, has exploded over the past week. The market collapse is obviously the recent catalyst but physical demand has been aggressive since November 2012. The North American Mints are on tighter allocation releases as the demand far outstrips the production capability at levels of three shifts working 24/7. Demand from Europe, given the recent concerns on the safety of "guaranteed" bank deposits, has many dealers back-logged as much as one month. The Hong Kong market has joined the demand cycle with popular North American items in low supply or out of stock.
To read more http://www.kitco.com/ind/Hug/20130417.html
To buy more gold