GMRgold Blog

Imagine a casino full of slot machines that all guarantee a constant high return. All you need to do is to put in a bit of money and you will get an incredible income stream for life. Well, this is exactly what the stock market is...

Someone rang the alarm bells alerting institutional investors that Gold was about to take out the key psychological and resistance level of $2,000.00 per ounce resulting in punishing defeat for Gold Bugs last week.

When collecting or investing in Numismatic Coins, the considerations for price include mintage, population, and condition. With the major grading services offering population reports, this helped additionally in determining the true existence of specific issues. For the large part, pricing is graduated based on the number of coins per grade.

Gold continues to be locked in a tight trading range proving support at the $1,900.00 level and resistance at $1,950.00. Starting the week at $1,933.00 and finishing at $1,925.00. Clearly all of the current geo-political and financial news is priced into the markets and we simply await the next headline that institutional traders seek to leg up or leg down their positions.

Anyone who has ventured from their Covid sanctuary to buy groceries, peruse a big box retailer, filled a fuel tank or update the closet, surely was not surprised by the announcement this morning that inflation has once again ticked up.