January 2018 – Week 5 Edition
With Gold Closing in on $1,400 – Can it Reach $1,500 in 2017?
Gold reached a 17-month high last Thursday, touching $1,365 after U.S. Treasury Secretary Steven Mnuchin told the World Economic Forum in Davos, Switzerland that the U.S. welcomed a weaker U.S. dollar to boost U.S. exports.
January 2018 – Week 4 Edition
Bitcoin Falls 53% in One Month!
In the last month, gold is up $95, and Bitcoin is down $9,500! The first official trading of Bitcoin in America was introduced on the Chicago Board Options Exchange (CBOE) on December 10, 2017. Less than a week later, we saw the bubble peak of Bitcoin prices at $19,870.62 on December 16. (Unlike most financial markets, Bitcoin trades 24/7 around the world, somewhere, electronically, including weekends.)
January 2018 – Week 4 Edition
Bitcoin Falls 53% in One Month!
In the last month, gold is up $95, and Bitcoin is down $9,500! The first official trading of Bitcoin in America was introduced on the Chicago Board Options Exchange (CBOE) on December 10, 2017. Less than a week later, we saw the bubble peak of Bitcoin prices at $19,870.62 on December 16. (Unlike most financial markets, Bitcoin trades 24/7 around the world, somewhere, electronically, including weekends.)
January 2018 – Week 4 Edition
Bitcoin Falls 53% in One Month!
In the last month, gold is up $95, and Bitcoin is down $9,500! The first official trading of Bitcoin in America was introduced on the Chicago Board Options Exchange (CBOE) on December 10, 2017. Less than a week later, we saw the bubble peak of Bitcoin prices at $19,870.62 on December 16. (Unlike most financial markets, Bitcoin trades 24/7 around the world, somewhere, electronically, including weekends.)
January 2018 – Week 4 Edition
Bitcoin Falls 53% in One Month!
In the last month, gold is up $95, and Bitcoin is down $9,500! The first official trading of Bitcoin in America was introduced on the Chicago Board Options Exchange (CBOE) on December 10, 2017. Less than a week later, we saw the bubble peak of Bitcoin prices at $19,870.62 on December 16. (Unlike most financial markets, Bitcoin trades 24/7 around the world, somewhere, electronically, including weekends.)
January 2018 – Week 3 Edition
The Dollar May be Just Beginning a Long-Term Down Trend
Ever since the dollar was set loose from gold in 1971, we have seen a series of wide dollar swings down and up and down again, usually in swings lasting 7-8 years. The dollar fell from 1971 to 1978, rose from 1978 to 1985, fell until 1994, rose until 2001, fell until 2008, rose until 2016 and began falling in 2017.
January 2018 – Week 2 Edition
The Wall Street Journal Likes Gold Again!
At the start of the year, the two major Dow Jones publications featured bullish headlines on gold.
December 31, 2017 – Year-end Edition
A Review of 2017 in the Rare Coin and Collectibles Market
Gold closed the year above $1,300 for its best annual increase (+13.5%) since 2010.
December 31, 2017 – Year-end Edition
A Review of 2017 in the Rare Coin and Collectibles Market
Gold closed the year above $1,300 for its best annual increase (+13.5%) since 20
December 2017 - Week 4 Edition
Bitcoin Bites the Dust – Down $7,200 (37%) in Five Days
While gold is rising, the trendy electronic crypto-currency Bitcoin collapsed from $19,363 on Sunday, December 17 to a low of $12,148 (down 37% in five days) on Friday, December 22, before rallying to close above $13,000 over the weekend (Bitcoin trades 24/7 and also on weekends).
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