The Spot Price and the Bullion Trade…How It Works…

We recently received a bad review from a client who was upset that we didn’t pay full spot for a 1 ounce Krugerrand. In my interaction with this client surrounding his review it became very clear that he had a warped understanding of what we routinely refer to as the “spot price” and how that number impacts the precious metals trade as a whole. That disconnect lead me to the idea for this blog post… Read more

Is The Gold Correction Over?

Is the gold correction over?

The gold business is a funny thing. We wake up in a new world every day. Gold is up, now it’s down. We rinse and repeat this cycle nearly every day of the year and hundreds of times throughout the day and night worldwide. Add to that chaos the fact that everybody is a “gold expert” and you have a global tug-of-war. The “experts” are fighting to control the perceptions of any investor who would even consider gold in their portfolio. And have no doubt that there is a big fat black line dividing the gold bugs and the naysayers. Read more

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