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INVENTORY HIGHLIGHTS

February 12, 2016 Mark Cuban Bullish on Gold!

When it comes to gold, traders including billionaire investor Mark Cuban are turning to the options market. On CNBC’s “Fast Money Halftime Report” on Thursday, Cuban said he has bought “a lot” of call options in gold in response to widespread confusion over tumultuous markets. “When traders don’t know what to do, they go where Read the full article…

December 11, 2016 spot gold price is $1,250.89.

That’s $52.28 more than yesterday. And, it’s a staggering $188.90 more than the start of 2016. Carsten Menke, an analyst at Julius Baer, has told Reuters, “The safe-haven seekers are moving back. We recommend clients add gold to their portfolios as insurance, if things turn out really bad, there will be much more upside.” If you’ve Read the full article…

Gold up $44.30

December 1, 2014 Miami Beach, FL- Gold prices sharply higher on short covering and bargain hunting. U.S. stocks open lower on downbeat economic news from China and volatile commodity prices. Gold last traded at $1213.80 up $44.30 an ounce. Silver at $16.56 up $.88 an ounce. Gold rebound coming in 2015: George Gero – CNBC–11.25.14 Read the full article…

Precious Metals are quiet while the Volitility in the Equity Markets continues!

Park Avenue Numismatics, Miami Beach, FL – October 15, 2014 – Precious metals had a rather quiet Monday and Tuesday as the tug of war continues between U.S. equity weakness, lower bond yields, very weak German economic data, a strong USD and the collapse of energy prices led by the fall in crude oil. Gold’s Read the full article…

Stocks slide and Gold is up on the safe-haven trade

Park Avenue Numismatics, Miami Beach, FL – September 23, 2014 – U.S. stock investors remained skittish on Tuesday, sending the main benchmarks lower as investors sought safe havens such as gold and Treasuries. Perhaps the biggest drag on the market mood was weak European data, which overshadowed better-than-expected Chinese manufacturing numbers. U.S. airstrikes in Syria Read the full article…

Gold Prices ended higher on Monday ahead of Fed’s Policy Meeting

Park Avenue Numismatics, Miami Beach, FL – September 16, 2014 – Gold prices ended higher on Monday in front of the Fed’s policy meeting later in the week. The U.S. equity markets continued it downward trend with losses led by technology stocks. Many analyst believe that the fundamentals of the economy does not the support Read the full article…

Gold prices slightly higher in early session trading

Park Avenue Numismatics, Miami Beach, FL – September 3, 2014 – Gold prices are up slightly from Tuesday’s 11-week low, shaking off concerns of a strengthening dollar and an improving U.S. economy to show signs of life. Gold prices have been lower on a stronger U.S. dollar and lower oil prices. U.S. stocks ended lower Read the full article…

Gold prices are higher due to safe-haven buying

Park Avenue Numismatics, Miami Beach, FL – August 28, 2014 – Gold prices are higher on Thursday, due to safe-haven buying, short covering and perceived bargain hunting. Geopolitics is top-of-mind with investors as a three-day U.S. holiday weekend approaches. There are reports out of Europe that the Ukrainian president said the Russian military has invaded Read the full article…

Gold prices are calm on Wednesday

Park Avenue Numismatics, Miami Beach, FL – August 27, 2014 – Gold prices are calm on Wednesday as investors main focus remains is on equities in the wake of the S&P 500’s first-ever close above 2,000. Yesterday, the stock market continued its melt up, but it didn’t stop gold from gaining ground, even after a Read the full article…

Gold prices finished higher Tuesday

Park Avenue Numismatics, Miami Beach, FL – August 26, 2014 – Gold prices finished higher Tuesday. Gold held on to gains after data showed U.S. orders for durable goods jumped more than 22% in July, driven by big orders for Boeing aircraft. Excluding the transportation sector, sales were down 0.8% amid widespread weakness. Investors will Read the full article…