In 2017, Canada marks its sesquicentennial 150th anniversary by releasing two exclusive pieces. One is the beautiful 2017 $150 1 oz. 99.99% Pure Gold Canada 150 Special Edition Voyageur Coin. Additionally, there’s the 2017 $5 1 oz. Fine Silver Canada 150 Special Edition Voyageur Coin. Canadian Confederation unites with one Dominion […]
As summer winds down in the northern hemisphere, first and foremost our thoughts and prayers go out to those impacted by the destruction of Hurricane Harvey in Texas. Summer tends to be the slowest time of year for most of the financial markets. The phrase “sell in May and go away” […]
Market Review: Gold Price decreased to $1,284.30 (-0.43%) per ounce, Silver Price $17.01 (-0.70%), Platinum Price $979.90 (-0.31%), Palladium Price $934.45 (-0.64%), Dow Jones index 21,856.14 (0.33% increase). U.S. Dollar vs Precious metals The US Dollar slightly rose today ahead of key talk European Central Bank President Mario Draghi and Federal […]
Two weeks ago a higher gold breakout came through. It was the long-term declining downtrend that has defined the period of falling prices since 2011. That year, gold peaked at $1,923 per ounce. Meanwhile silver rose just shy of $50. Over the past six years, gold has been unable to overcome […]
In Part 1 of this series last week, you read about the relationship between the Japanese yen and gold. We saw that both yen and gold are highly correlated. Two thousand eleven marked the start of this. We move closely in tandem during both corrections and surges– since their respective […]
