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 no. 4 out of a 4-part series answering the most frequently asked questions about investing in precious metals. We understand that whether you are new or not to investing in gold, silver, precious metals, and bullion, there are always some things that you might want or need to know. So we are here to help you. This time, we will help you learn about liquidating your precious metals investment as the pandemic is ending. If you are one of the people who went into buying gold and other...