Gold / Finance

Should I buy a gold ETF?

Mar 26 1:24pm
Why gold coins and bullion are the better option for most investors. by Olivier Garret/Gold Seek Editor’s Note:  You decide that the time has come to include gold in your investment portfolio. You contact your investment advisor and he or … Continue reading →...
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Jack Chans Weekly Gold and Silver Update

Mar 25 4:00am The Gold Report - Streetwise Exclusive Articles
Technical analyst Jack Chan charts the latest moves in the gold and silver markets, noting a tug-of-war between support and resistance.
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Gold Price up 1.5% and Silver Price Closed up 2% This Week

Mar 24 7:22pm Silver and Gold Prices
Here's the weekly scorecard:17-Mar-1724-Mar-17Change\% ChangeSilver, cents/oz.1,737.901,772.0034.102.0Gold, dollars/oz.1,229.801,248.2018.401.5Gold/silver ratio70.76470.440-0.323-0.5Silver/gold ratio0.01410.01420.00010.5Dow in Gold Dollars (DIG$)351.56341.11-10.45-3.0Dow in gold ounces17.0116.50-0.51-3.0Dow in Silver ounces1,203.441,162.34-41.10-3.4Dow Industrials20,914.6220,596.72-317.90-1.5S&P5002,378.252,343.98-34.27-1.4US dollar index101.1399.57-1.56-1.5Platinum962.00967.205.200.5Palladium777.80815.1037.304.824-Mar-17PriceChange\% ChangeGold Price, $/oz1,248.201.300.1Silver Price, $/oz17.720.160.9Gold/Silver Ratio70.4400.0670.1Silver/Gold Ratio0.01420.00010.9Platinum Price967.204.100.4Palladium Price815.1013.201.6S&P 5002,343.98-1.98-0.1Dow20,596.72-59.86-0.3Dow in GOLD $s341.11-1.31-0.4Dow in GOLD oz16.50-0.06-0.4Dow in SILVER oz1,162.34-13.80-1.2US Dollar Index99.570.030.0IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the ask price by 1.035. To figure our retail buying price, multiple the bid price by 0.97. Lower commissions apply to larger orders, higher commissions to very small orders.SPOT GOLD:1,244.70GOLDFine Tr.Oz.BIDASK$/ozAmerican Eagle1.001,270.841,285.151,285.151/2 AE0.50634.29656.581,313.161/4 AE0.25320.25333.891,335.561/10 AE0.10128.10136.051,360.46Aust. 100 corona0.981,210.901,219.901,244.55British sovereign0.24295.20308.201,309.26French 20 franc0.19232.39238.391,276.84Krugerrand1.001,257.151,267.151,267.15Maple Leaf1.001,254.701,267.701,267.701/2 Maple Leaf0.50715.70653.471,306.941/4 Maple Leaf0.25317.40332.961,331.831/10 Maple Leaf0.10131.94135.671,356.72Mexican 50 peso1.211,487.101,498.101,242.52.9999 bar1.001,244.701,256.701,256.70SPOT SILVER:17.74SILVERFine Tr.Oz.BIDASK$/ozVG+ Morgan $B4 19050.7722.5025.2533.01VG+ Peace dollar0.7715.5018.0023.5390\% silver coin bags0.7212,394.5312,752.0317.84US 40\% silver 1/2s0.305,040.085,190.0817.59100 oz .999 bar100.001,763.501,788.5017.8910 oz .999 bar10.00178.85183.8518.391 oz .999 round1.0017.9918.2918.29Am Eagle, 200 oz Min1.0019.2419.8919.89SPOT PLATINUM:967.20PLATINUMFine Tr.Oz.BIDASK$/ozPlatinum Platypus1.00962.201,007.201,007.20Get Franklin Sanders Daily Gold Price Reports and Market Commentaries:(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.create...
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REPUBLICANS YANK OBAMACARE REPEAL BILL

Mar 24 4:05pm
Politico/Kyle Cheney, John Bresnahan & Rachael Bade/03-24-17 Facing a growing rebellion within his own ranks, House Speaker Paul Ryan pulled the Republican Obamacare replacement plan from the House floor on Friday just before a scheduled vote. The decision is a … Continue reading →...
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Pension Crisis Too Big for Markets to Ignore

Mar 24 3:35pm
Bloomberg/Danielle DiMartino Booth/03-24-17 Unfunded pension obligations have risen to $1.9 trillion from $292 billion since 2007. Credit rating firms have begun downgrading states and municipalities whose pensions risk overwhelming their budgets. New Jersey and the cities of Chicago, Houston and … Continue reading →...
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The Daily Market Report: Gold Well Bid Heading Into Weekend

Mar 24 2:49pm
USAGOLD/Peter A. Grant/03-24-17 Gold is heading into the weekend trading slightly higher on the day and just off the three week high set yesterday at 1253.31. The yellow metal is presently up 1.8\% on the week and appears poised for … Continue reading →...
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GOP Leaders Not Confident They Have Votes to Pass Health Bill

Mar 24 1:24pm
Bloomberg/Billy House, Sahil Kapur & Anna Edgerton/03-24-17 House GOP leaders aren’t confident they have enough votes to pass their embattled health-care bill, according to a senior congressional aide, and are already considering what to do if the measure is blocked … Continue reading →...
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Gold set for second weekly gain, eyes on U.S. healthcare vote

Mar 24 9:13am
Reuters/Peter Hobson/03-24-17 Gold was on track for a second weekly gain on Friday as concern about the ability of U.S. President Donald Trump to push legislation through Congress held the dollar near 7-week lows, making bullion cheaper for holders of … Continue reading →...
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Obamacare repeal vote too close to call

Mar 24 9:09am
Politico/Kyle Cheney, Rachael Bade & John Bresnahan/03-24-17 President Donald Trump’s ultimatum to Republicans to overturn the Democratic health care law they’ve been campaigning against for years heads to the House floor Friday for a momentous showdown that will test the … Continue reading →...
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Morning Snapshot: Gold remains firm at high end of recent range

Mar 24 8:54am
USAGOLD/Peter A. Grant/03-24-17 Gold corrected modestly overseas before returning to unchanged on the day. The yellow metal appears poised to score a second consecutive higher weekly close on a weaker dollar and worries that healthcare reform may stall the broader … Continue reading →...
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Gold Price Closed at $1246.90 Down $2.40 or -0.19%

Mar 23 7:58pm Silver and Gold Prices
23-Mar-17PriceChange\% ChangeGold Price, $/oz1,246.90-2.40-0.19\%Silver Price, $/oz17.560.020.10\%Gold/Silver Ratio70.996-0.210-0.29\%Silver/Gold Ratio0.01410.00000.30\%Platinum Price963.102.000.21\%Palladium Price801.9010.451.32\%S&P 5002,345.96-12.65-0.54\%Dow20,656.58-4.72-0.02\%Dow in GOLD $s342.460.580.17\%Dow in GOLD oz16.570.030.17\%Dow in SILVER oz1,176.14-1.48-0.13\%US Dollar Index99.47-0.15-0.15\%IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the ask price by 1.035. To figure our retail buying price, multiple the bid price by 0.97. Lower commissions apply to larger orders, higher commissions to very small orders.SPOT GOLD:1,245.80GOLDFine Tr.Oz.BIDASK$/ozAmerican Eagle1.001,271.961,286.291,286.291/2 AE0.50634.85657.161,314.321/4 AE0.25320.54334.191,336.741/10 AE0.10128.21136.171,361.66Aust. 100 corona0.981,211.971,220.971,245.64British sovereign0.24295.46308.461,310.37French 20 franc0.19232.59238.591,277.94Krugerrand1.001,258.261,268.261,268.26Maple Leaf1.001,255.801,268.801,268.801/2 Maple Leaf0.50716.34654.051,308.091/4 Maple Leaf0.25317.68333.251,333.011/10 Maple Leaf0.10132.05135.791,357.92Mexican 50 peso1.211,488.421,499.421,243.61.9999 bar1.001,245.801,257.801,257.80SPOT SILVER:17.58SILVERFine Tr.Oz.BIDASK$/ozVG+ Morgan $B4 19050.7722.5025.2533.01VG+ Peace dollar0.7715.5018.0023.5390\% silver coin bags0.7212,351.6312,709.1317.78US 40\% silver 1/2s0.304,992.885,142.8817.43100 oz .999 bar100.001,747.501,772.5017.7310 oz .999 bar10.00177.25182.2518.231 oz .999 round1.0017.8318.1318.13Am Eagle, 200 oz Min1.0019.0819.7319.73SPOT PLATINUM:963.10PLATINUMFine Tr.Oz.BIDASK$/ozPlat. Platypus1.00958.101,003.101,003.10Get Franklin Sanders Daily Gold Price Reports and Market Commentaries:(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = //forms.aweber.com/form/54/1465584154.js ; fjs.parentNode.insertBefore(js, fjs); }(document, script , aweber-wjs-j6jcofagr )); If the form above does not display in your iPhone or android app, please use this link to visit the website signup form: http://goldprice.org/franklin-sanders...
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Fed economists study warns of future episodes of ultra-low rates

Mar 23 4:43pm
FT/Sam Fleming/03-23-17 Even as US rate-setters make tentative progress in the direction of more normal monetary policy, economists are warning that central banks are set to find themselves with official interest rates stuck back down at near-zero levels dispiritingly often … Continue reading →...
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Thursday vote on health care bill canceled

Mar 23 3:43pm
Politico/Rachael Bade & Josh Dawsey/03-23-17 President Donald Trump and conservative House Freedom Caucus members failed to strike a deal on the GOP Obamacare replacement Thursday, endangering the prospects of passage and all but assuring any immediate vote on the measure … Continue reading →...
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Get ready for the investor stampede back into gold: Commerzbank

Mar 23 2:19pm
MarketWatch/Barbara Kollmeyer/03-23-17 The investor love affair with gold is just about to get a reboot. That’s according to Commerzbank analysts, who cited the precious metal’s revisit to the key $1,250-per-ounce level as one reason for renewed interest. Gold tapped intraday … Continue reading →...
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The Daily Market Report: Gold Underpinned as Focus Shifts to AHCA Vote

Mar 23 2:10pm
USAGOLD/Peter A. Grant/03-23-17 Gold remains generally well bid, although earlier tests above important resistance at 1250 have faltered. While continued weakness in the dollar should limit the downside in the yellow metal, a bit of a reprieve in the stock … Continue reading →...
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Golds Six-Day Winning Streak Ranks as Best Gain Since Brexit

Mar 23 10:09am
Bloomberg/Eddie Van Der Walt/03-22-17 Gold prices are steadily climbing as equities retreat and concern deepens among investors that Donald Trump won’t deliver on pro-growth promises for the U.S. economy. Bullion for immediate delivery has gained more than 4 percent in … Continue reading →...
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Feds Yellen does not comment on monetary policy

Mar 23 10:03am
Reuters/Lindsay Dunsmuir/03-23-17 Federal Reserve Chair Janet Yellen did not address monetary policy or the economic outlook in prepared remarks for a childhood education conference in Washington on Thursday. The two-day conference which she was introducing is focused on how to … Continue reading →...
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Gold Price Rally Continues as Global Markets Wobble

Mar 23 9:57am
TheStreet/Paul Whitfield/03-23-17 Gold has gained more than 2\% since mid-March as economic fundamentals lined up to support a rally, and could be poised to gain again on Thursday if The Trump administrations reforms are rattled by a failure to push … Continue reading →...
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Morning Snapshot: Gold pushes to new 3-week highs on continued dollar weakness, jobless claims miss

Mar 23 9:00am
USAGOLD/Peter A. Grant/03-23-17 Gold continues to track higher, establishing new three-week highs in the wake of this morning’s bigger than expected jump in initial jobless claims. With the dollar still under pressure, focus now shifts to the February high in … Continue reading →...
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Iskut Could Be as Important to Seabridge as KSM

Mar 23 4:00am The Gold Report - Streetwise Exclusive Articles
Seabridge's Iskut project has the potential to be another success story like its flagship, 100\%-owned KSM project.
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Juniors to Recover as Gold Moves Ahead

Mar 23 4:00am The Gold Report - Streetwise Exclusive Articles
Fund manager Adrian Day discusses several mining and energy companies in his portfolio that he believes should appreciate now that the recently released Canadian budget does not include a tax rate increase.
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Gold Price Closed at $1249.30 Up $3.20 or 0.26%

Mar 22 7:23pm Silver and Gold Prices
22-Mar-17PriceChange\% ChangeGold Price, $/oz1,249.303.200.26\%Silver Price, $/oz17.55-0.01-0.03\%Gold/Silver Ratio71.2050.2030.29\%Silver/Gold Ratio0.0140-0.0000-0.28\%Platinum Price961.10-9.50-0.98\%Palladium Price791.451.800.23\%S&P 5002,348.45-12.65-0.54\%Dow20,661.30-6.71-0.03\%Dow in GOLD $s341.88-0.99-0.29\%Dow in GOLD oz16.54-0.05-0.29\%Dow in SILVER oz1,177.62-0.05-0.00\%US Dollar Index99.47-0.15-0.15\%IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the ask price by 1.035. To figure our retail buying price, multiple the bid price by 0.97. Lower commissions apply to larger orders, higher commissions to very small orders.SPOT GOLD:1,247.90GOLDFine Tr.Oz.BIDASK$/ozAmerican Eagle1.001,274.111,288.461,288.461/2 AE0.50635.92658.271,316.531/4 AE0.25321.08334.751,339.001/10 AE0.10128.43136.401,363.95Aust. 100 corona0.981,214.021,223.021,247.72British sovereign0.24295.96308.961,312.48French 20 franc0.19232.98238.981,280.04Krugerrand1.001,259.131,269.131,269.13Maple Leaf1.001,257.901,270.901,270.901/2 Maple Leaf0.50717.54655.151,310.301/4 Maple Leaf0.25318.21333.811,335.251/10 Maple Leaf0.10132.28136.021,360.21Mexican 50 peso1.211,490.931,501.931,245.69.9999 bar1.001,247.901,259.901,259.90SPOT SILVER:17.51SILVERFine Tr.Oz.BIDASK$/ozVG+ Morgan $B4 19050.7722.5025.2533.01VG+ Peace dollar0.7715.5018.0023.5390\% silver coin bags0.7212,305.1512,662.6517.71US 40\% silver 1/2s0.304,973.705,123.7017.37100 oz .999 bar100.001,741.001,766.0017.6610 oz .999 bar10.00176.60181.6018.161 oz .999 round1.0017.7618.0618.06Am Eagle, 200 oz Min1.0019.0119.6619.66SPOT PLATINUM:961.10PLATINUMFine Tr.Oz.BIDASK$/ozPlat. Platypus1.00956.101,001.101,001.10Get Franklin Sanders Daily Gold Price Reports and Market Commentaries:(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = //forms.aweber.com/form/54/1465584154.js ; fjs.parentNode.insertBefore(js, fjs); }(document, script , aweber-wjs-j6jcofagr )); If the form above does not display in your iPhone or android app, please use this link to visit the website signup form: http://goldprice.org/franklin-sanders...
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The Daily Market Report: Gold Edges Higher as Reflation Trade Seen in Jeopardy

Mar 22 2:21pm
USAGOLD/Peter A. Grant/03-22-17 Gold is edging higher, setting new three-week highs above 1250.00. U.S. yields are under pressure, which is dragging the dollar lower as well. Stocks remain defensive after dropping sharply on Tuesday. As investors pare their optimism on … Continue reading →...
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UK parliament in lockdown after terror incident

Mar 22 1:00pm
FT/Jim Pickard, Helen Warrell & Caroline Binham/-3-22-17 Britain’s House of Commons was suspended on Wednesday afternoon after a shooting incident at the entrance to Parliament, soon after a car mowed down a number of pedestrians on adjoining Westminster Bridge. The … Continue reading →...
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Reflation Trade Hangs in the Balance as Health Care Vote Looms

Mar 22 12:55pm
Bloomberg/Luke Kawa, Sid Verma & Felice Maranz/03-22-17 Analysts are zeroing in on the House of Representatives vote on the American Health Care Act as a linchpin for President Donald Trump’s ability to push through pro-economic growth policies — and the … Continue reading →...
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Peak Gold Biggest Gold Story Not Being Reported

Mar 22 12:37pm
GoldCore, via GoldSeek/03-22-17 We have written about ‘peak gold’ and the ramifications of the underappreciated peak gold phenomenon for the gold market since 2008. The risk of falling gold production and a consequent reduction in supply are slowly percolating into … Continue reading →...
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Gold hits 3-week peak as investors shun equities on Trump worries

Mar 22 9:38am
Reuters, via CNBC/03-22-17 Gold strengthened on Wednesday, with the price touching its highest in three weeks as the dollar languished near six-week lows and bond yields sank on uncertainty over the economic policies of U.S. President Donald Trump. …The lack … Continue reading →...
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Morning Snapshot: Gold remains firm

Mar 22 8:52am
USAGOLD/Peter A. Grant/03-22-17 Gold remains well bid near three-week highs. The yellow metal remains underpinned by a weaker dollar, lower yields and defensive stocks. On top of last week’s less hawkish than expected Fed, concerns continue mounting that the new … Continue reading →...
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Buy Gold Stocks Patiently

Mar 22 4:00am The Gold Report - Streetwise Exclusive Articles
Money manager Adrian Day discusses three stocks in his portfolio that he sees as buys.
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Columbus Discovered a Gold Mine

Mar 22 4:00am The Gold Report - Streetwise Exclusive Articles
Bob Moriarty of 321 Gold looks at the bankable feasibility study that just came out on Columbus Gold's Montagne d'Or gold project in French Guiana and concludes that it's going to be a mine.
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Record Number of Fund Managers Say U.S. Equities Are Overvalued

Mar 21 4:14pm
Bloomberg/Julie Verhage/03-21-17 Measures of stock valuation have been flashing caution for months. Humans are finally starting to take notice. Fund managers now say stocks are the most overvalued they have been in nearly 20 years, according to a survey done … Continue reading →...
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The Daily Market Report: Gold Jumps as Dollar, Stocks and Yields Fall

Mar 21 2:14pm
USAGOLD/Peter A. Grant/03-21-17 Gold is extending to the upside, boosted by a falling dollar, stocks and yields. The 61.8\% retracement level the decline from the February high — mentioned in this morning’s Snapshot — has been exceeded, lending additional confidence … Continue reading →...
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Gold climbs near a 3-week high as dollar drops

Mar 21 12:07pm
MarketWatch/Myra P. Saefong & Mark DeCambre/03-21-17 Gold prices headed higher Tuesday, as the U.S. dollar declined, especially against the euro, as traders eyed the presidential race in France and the U.K. prepared its exit from the European Union. “The political … Continue reading →...
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Morning Snapshot: Gold buoyed by weaker dollar

Mar 21 9:47am
USAGOLD/Peter A. Grant/03-21-17 Gold is consolidating near the high end of the recent range, buoyed by a weaker dollar. More than half of the decline from late-February into the FOMC meeting — driven largely by hawkish FedSpeak — has now been retraced. … Continue reading →...
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A Core Holding Keeps Getting Better

Mar 21 4:00am The Gold Report - Streetwise Exclusive Articles
Fund manager Adrian Day reviews one of his favorite resource companies and updates a few others.
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Gold hits two-week high as dollar falls after G20 trade message

Mar 20 4:51pm
Reuters/Maytaal Angel/03-20-17 Gold prices scaled a two-week peak on Monday as the dollar slid to a six-week low after a G20 weekend summit dominated by the U.S. administration’s protectionist stance on global trade. The precious metal has been rising since … Continue reading →...
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Policy uncertainty, protectionism can impact global economy: China finance minister

Mar 20 4:13pm
Reuters/Ryan Woo/03-20-17 China’s Finance Minister Xiao Jie, who attended last week’s G20 meeting, warned that momentum seen in the global economy could be curbed by policy uncertainties and the rise of protectionism. G20 finance ministers and central bankers, in their … Continue reading →...
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The Daily Market Report: Gold Well Bid as FedSpeak Continues to Focus on Inflation

Mar 20 4:00pm
USAGOLD/Peter A. Grant/03-20-17 Gold remains generally well bid, having built modestly on last week’s solid gains. The yellow metal is pressuring resistance marked by the high from the first week of March at 1236.80. Above that, the highs for the … Continue reading →...
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The U.S. hit its debt limit again. Now the Treasury Department is maneuvering to avoid a default until Congress acts

Mar 20 1:07pm
Concord Register/03-19-17 The U.S. hit its again on Thursday — a whopping $19.9 trillion this time — and the Treasury Department started using accounting maneuvers to buy several months to raise it to avoid a potential federal government default. The … Continue reading →...
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Gold extends post-Fed gain on dollar weakness

Mar 20 1:03pm
MarketWatch/Myra P. Saefong & Rachel Koning Beals/03-20-17 Gold futures gained Monday, extending their post-Federal Reserve meeting gains to a third straight session, with the U.S. dollar losing ground against the euro as the U.K. prepared to leave the European Union. … Continue reading →...
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China prepares to counter any U.S. trade penalties: sources

Mar 20 11:06am
Reuters/Kevin Yao/03-20-17 China’s government has been seeking advice from its think-tanks and policy advisers on how to counter potential trade penalties from U.S. President Donald Trump, getting ready for the worst, even as they hope for business-like negotiations. The policy … Continue reading →...
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G-20 meeting was disappointing and disturbing: Yales Stephen Roach

Mar 20 10:05am
CNBC/Eunice Yoon & Aza Wee Sile/03-20-17 Former Morgan Stanley Asia Chairman Stephen Roach said Monday that the G-20 financial leaders’ dropping their traditionally strong support of free trade was “disturbing” and reflected rising protectionism in the U.S. “It’s pretty disappointing … Continue reading →...
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UK will trigger Article 50 Brexit process on March 29

Mar 20 10:02am
FT/George Parker/03-20-17 Theresa May will trigger the two-year Article 50 EU exit process on March 29. Tim Barrow, Britain’s EU ambassador, informed the office of Donald Tusk, EU Council president, on Monday morning that the formal letter would be submitted … Continue reading →...
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Morning Snapshot: Gold firm as protectionism worries weigh dollar

Mar 20 9:59am
USAGOLD/Peter A. Grant/03-20-17 Gold starts the first week of Spring generally well bid. The yellow metal has added modestly to last week’s gains as investors digest the outcome of the weekend G20 meeting. For some G20 partners the refusal of … Continue reading →...
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Warren Buffett's Biggest Loss

Mar 20 4:00am The Gold Report - Streetwise Exclusive Articles
Tom Beck of Portfolio Wealth Global shares his strategy for investing in commodities.
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Gold Price Closed at $1229.90 Up $3.30 or 0.3%

Mar 17 9:16pm Silver and Gold Prices
Here's the weekly scorecard:10-Mar-1717-Mar-17Change\% ChangeSilver, cents/oz.1,688.301,737.9049.602.9Gold, dollars/oz.1,200.701,229.8029.102.4Gold/silver ratio71.11970.764-0.355-0.5Silver/gold ratio0.01410.01410.00010.5Dow in Gold Dollars (DIG$)359.88351.56-8.32-2.3Dow in gold ounces17.4117.01-0.40-2.3Dow in Silver ounces1,238.111,203.44-34.67-2.8Dow Industrials20,902.9820,914.6211.640.1S&P5002,372.602,378.255.650.2US dollar index101.06101.130.070.1Platinum936.90962.0025.102.7Palladium746.00777.8031.804.317-Mar-17PriceChange\% ChangeGold Price, $/oz1,229.803.300.3Silver Price, $/oz17.380.080.5Gold/Silver Ratio70.7640.1870.3Silver/Gold Ratio0.01410.00010.5Platinum Price962.004.200.4Palladium Price777.809.151.2S&P 5002,378.25-3.13-0.1Dow20,914.62-19.93-0.1Dow in GOLD $s351.56-1.25-0.4Dow in GOLD oz17.01-0.06-0.4Dow in SILVER oz1,203.44-6.93-0.6US Dollar Index100.18-0.39-0.4IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the ask price by 1.035. To figure our retail buying price, multiple the bid price by 0.97. Lower commissions apply to larger orders, higher commissions to very small orders.SPOT GOLD:1,228.80GOLDFine Tr.Oz.BIDASK$/ozAmerican Eagle1.001,254.601,268.741,268.741/2 AE0.50632.32646.961,293.931/4 AE0.25322.30330.241,320.961/10 AE0.10128.92134.551,345.54Aust. 100 corona0.981,195.441,204.441,228.77British sovereign0.24291.43304.431,293.24French 20 franc0.19229.42235.421,260.94Krugerrand1.001,241.091,251.091,251.09Maple Leaf1.001,238.801,251.801,251.801/2 Maple Leaf0.50706.56645.121,290.241/4 Maple Leaf0.25313.34328.701,314.821/10 Maple Leaf0.10130.25133.941,339.39Mexican 50 peso1.211,470.331,481.331,228.61.9999 bar1.001,228.801,240.801,240.80SPOT SILVER:17.36SILVERFine Tr.Oz.BIDASK$/ozVG+ Morgan $B4 19050.7722.5026.0033.99VG+ Peace dollar0.7716.0018.0023.5390\% silver coin bags0.7212,269.4012,626.9017.66US 40\% silver 1/2s0.304,929.455,079.4517.22100 oz .999 bar100.001,726.001,751.0017.5110 oz .999 bar10.00175.10180.1018.011 oz .999 round1.0017.6117.9117.91Am Eagle, 200 oz Min1.0018.3619.6119.61SPOT PLATINUM:962.00PLATINUMFine Tr.Oz.BIDASK$/ozPlatinum Platypus1.00957.001,002.001,002.00Get Franklin Sanders Daily Gold Price Reports and Market Commentaries:(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElemen...
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Le Pen foes relish Dutch vote, but French election may be different

Mar 17 6:02pm
Reuters/Brian Love/03-16-17 Adversaries of Marine Le Pen expressed relief on Thursday after her ally Geert Wilders won fewer seats than expected in a Dutch election, but analysts warned against reading too much into the result ahead of France’s tight presidential … Continue reading →...
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Gold to progress as Trump policies may slow to a plod

Mar 17 3:43pm
LawrieOnGold/Lawrie Williams/03-17-17 We were in doubt as to whether the dollar’s previous bull run was resuming, but after the Fed’s action we continue to see the dollar’s bull market as over. The Fed’s action will affect the currency [and gold … Continue reading →...
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The Daily Market Report: Gold Poised for Solid Weekly Gain

Mar 17 2:37pm
USAGOLD/Peter A. Grant/03-17-17 Gold remains firm, poised for its first positive weekly close in three-weeks. The yellow metal rebounded smartly on Wednesday after the Fed announced policy and economic projections, extended higher yesterday and is maintaining the bulk of those … Continue reading →...
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King Ibn Sauds 35,000 British sovereigns

Mar 17 11:36am
Reading that story about the sovereigns in the piano this morning reminded me of the story of Saudi Arabia’s King Ibn Saud reproduced below as originally posted in 2015: When Saudi Arabia’s King Ibn Saud sold oil concessions to the … Continue reading →...
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Authorities seek owner of gold stashed in piano

Mar 17 11:15am
AP/3-16-2017 “British officials are trying to trace the owner of a trove of gold coins worth a ‘life-changing’ amount of money found stashed inside a piano. A coroner investigating the find on Thursday urged anyone with information to come forward. … Continue reading →...
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A blind spot masks the danger signs in finance

Mar 17 10:26am
FT/Gillian Tett/03-17-17 Debate has been frenzied this week about how fast the US Federal Reserve plans to raise interest rates. But as investors look forward, it is also a good time to glance back and ask why rates have been … Continue reading →...
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Gold heading for first weekly gain since February after Fed meeting

Mar 17 10:12am
Reuters, via CNBC/03-17-17 Gold rose on Friday and was on course for its first weekly gain since February as the dollar hit a five-week low following the Federal Reserve’s cautious message on interest rates, making bullion cheaper for holders of … Continue reading →...
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Morning Snapshot: Gold remains firm going into weekend

Mar 17 8:55am
USAGOLD/Peter A. Grant/03-17-17 Gold remains well bid heading into the weekend. The yellow metal was boosted this week after the Fed raised rates in line with expectations, but indicated that they will maintain a slow and steady tightening path. This … Continue reading →...
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Gold Price Closed at $1226.50 up 26.40 or 2.2%

Mar 16 8:08pm Silver and Gold Prices
16-Mar-17PriceChange\% ChangeGold Price, $/oz1,226.5026.402.20\%Silver Price, $/oz17.300.412.42\%Gold/Silver Ratio70.912-0.150-0.21\%Silver/Gold Ratio0.01410.00000.21\%Platinum Price957.8022.202.37\%Palladium Price768.6521.202.84\%S&P 5002,381.38-12.65-0.53\%Dow20,934.55-15.55-0.07\%Dow in GOLD $s352.84-8.03-2.23\%Dow in GOLD oz17.07-0.39-2.23\%Dow in SILVER oz1,210.37-30.16-2.43\%US Dollar Index100.18-0.39-0.39\%IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the ask price by 1.035. To figure our retail buying price, multiple the bid price by 0.97. Lower commissions apply to larger orders, higher commissions to very small orders.SPOT GOLD:1,225.40GOLDFine Tr.Oz.BIDASK$/ozAmerican Eagle1.001,253.581,265.231,265.231/2 AE0.50630.57645.171,290.351/4 AE0.25321.41329.331,317.311/10 AE0.10128.56134.181,341.81Aust. 100 corona0.981,192.131,201.131,225.39British sovereign0.24290.62303.621,289.82French 20 franc0.19228.78234.781,257.54Krugerrand1.001,237.651,247.651,247.65Maple Leaf1.001,235.401,248.401,248.401/2 Maple Leaf0.50704.61643.341,286.671/4 Maple Leaf0.25312.48327.791,311.181/10 Maple Leaf0.10129.89133.571,335.69Mexican 50 peso1.211,466.261,477.261,225.23.9999 bar1.001,225.401,237.401,237.40SPOT SILVER:17.39SILVERFine Tr.Oz.BIDASK$/ozVG+ Morgan $B4 19050.7722.5026.0033.99VG+ Peace dollar0.7716.0018.0023.5390\% silver coin bags0.7212,290.8512,648.3517.69US 40\% silver 1/2s0.304,938.305,088.3017.25100 oz .999 bar100.001,729.001,754.0017.5410 oz .999 bar10.00175.40180.4018.041 oz .999 round1.0017.6417.9417.94Am Eagle, 200 oz Min1.0018.3919.6419.64SPOT PLATINUM:957.80PLATINUMFine Tr.Oz.BIDASK$/ozPlat. Platypus1.00952.80997.80997.80Get Franklin Sanders Daily Gold Price Reports and Market Commentaries:(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = //forms.aweber.com/form/54/1465584154.js ; fjs.parentNode.insertBefore(js, fjs); }(document, script , aweber-wjs-j6jcofagr )); If the form above does not display in your iPhone or android app, please use this link to visit the website signup form: http://goldprice.org/franklin-sanders...
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Hopes of gradual Fed rate rises fuel gold rally

Mar 16 4:00pm
FT/Henry Sanderson/03-16-17 Gold extended its rally this year as fears that the US Federal Reserve would signal a much faster pace of rate rises failed to materialise. The precious metal climbed to a peak of $1,234.06 an ounce on Thursday … Continue reading →...
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The Daily Market Report: Gold Adds to Yesterdays Solid Gains

Mar 16 2:40pm
USAGOLD/Peter A. Grant/03-16-17 Gold remains well bid in the wake of yesterday’s post-FOMC surge. The yellow metal came within striking distance of last week’s high at 1236.80 before fading somewhat. Gold rallied in response to yesterday’s Fed rate hike, just … Continue reading →...
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Italian debate on merits of ditching euro grows louder

Mar 16 1:30pm
FT/James Politi/03-16-17 Alberto Bagnai, a professor at Pescara university with a blog called Goofynomics, this week made a typically provocative demand: that there should be a controlled end to the euro. “Undoing the euro will be costly, though less costly … Continue reading →...
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What happened between December and March to drive Fed interest rate policy?

Mar 16 12:46pm
OPINION   A FURTHER NOTE ON YESTERDAY’S EVENTS by Michael J. Kosares Kathleen Hays, Bloomberg TV, yesterday asked Janet Yellen the following question and it goes to the heart of the matter on Fed policy: “I guess my question is … Continue reading →...
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Debt ceiling returns, creating new headache for GOP

Mar 16 10:29am
TheHill/Sylvan Lane/03-16-17 The legal limit on how much the United States government can borrow returns on Thursday, potentially setting up an intense political battle in Congress. Lawmakers will have until sometime this autumn to raise the debt ceiling before the … Continue reading →...
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