GMRgold Blog

Week Ending January 30, 2022 | Gold started the week well over $1,800 reaching a high during the week of $1,851.00 only to succumb to the bears and institutional investors who still are holding on to naked shorts by ending the week at $1,782.00.

Week Ending January 8, 2022 | There is still huge resistance at the $1,800.00 per ounce of gold level through the first full week of 2022. Expect a tight range of trading +/-$50 of this critical technical barrier until the large institutional investors have cleared their naked short positions and whomever wants the US Dollar to appear stronger than it actually is pulls the curtain back for the world to see.

Week Ending January 1, 2022 | It is apparent that the Bears took a more extended vacation than the Bulls as is evident with the moves in Gold over the Holiday week. With the battle line firmly drawn at the psychological level of $1,800.00 per ounce for months, the yellow metal managed to close above this milestone each of the five trading days the last week of the year, only to find its way back to $1,799.52 on the first day of business in 2022.

A Precious Metals IRA is an IRA account that contains physical gold, silver, platinum or palladium. You must keep it in a vault at an approved secure storage facility. You contribute to it just as you would to an IRA containing stocks. How do you begin? First, you need to understand the principles of Precious Metals IRA investing. Then, find the best gold IRA company to help you along the way. The best gold or silver IRA company can help you manage this investment. They can help you buy and...

This is the 2nd video of a 9-part series in which we answer the most frequently asked questions about precious metals IRAs or individual retirement accounts. Precious metals have proven to be wonderful investments that may protect you from inflation while also allowing you to save for a secure future. While how you do it can be simple, buy now for its present value and sell it when prices are higher, the more you know about your investments, the better you can maximize your profits from them....