May 10

Gold spot price is down as we end the week.  It has been holding steady around the $1665 mark with a couple runs north and south over the course of the week.  Now it’s down to below $1640 and it looks like it will close out the week around this price point.  Physical gold buyers should be looking at buying at these lower prices if you have been trying to find a spot to jump in.  I think it should trade fairly flat around here with some volatility next week.  Many physical gold buyers have been looking for a dip like this one to get in, especially those that missed the below $1500 run back past the $165o where it has held pretty strong.  I have also been keeping my open for Gold American Eagles which have sold out and are still sold out at lots of places.  If your looking for the same, you can lock in the lower spot price at GoldSilver.com and they are estimating shipping in about two weeks time which isn’t that long.  The other place that is well priced is Silvergoldbull.com which I also mention quite a bit, but they have no Gold American Eagles available at this time, just U.S. Mint 1 oz Gold Buffalos.   Pricing between Goldsilver and Silvergoldbull are fairly close, but you can take advantage of the free shipping coupon being offered a Silvergoldbull coupons for some additional savings.

Here is an example, if your someone like myself looking to buy a little gold while the prices are down.  I was looking at few 1 oz RCM gold bars.  The price at Goldsilver.com is slightly cheaper at $1,486 compared to $1498 at silvergoldbull.  Goldsilver requires a minimum purchase of 10 oz and they charge for shipping.  Silvergoldbull lets you purchase as few as 1 oz and on a 5k order shipping is free or half price on $2499 which is only 2 oz.  Overall it works out to be cheaper at Silver Gold Bull.  Check them both out if your in the market for Gold or silver.  I think we are in good territory with today price drop and I expect that by the end of the year we that we will see less volatility in gold prices with prices around $1500 – $1525 an ounce.  That’s not a bad return from current spot price of $1438.

May 6

Silvergoldbull.com coupon is offering a savings of $3 off an ounce of silver with latest coupon  at Silvergoldbull coupons.  Before I get into the savings you have only about 2 hours to decide on this sale because it actually expires today at 12pm MST.  The savings is on a 1 kilo Rabbit coin made of 99.9% fine silver.  It’s also made by the world Renowned Perth Mint and it’s legal tender as part of their Lunar Series.  Total weight on this coin is 32.151 ounces and a 1 kilo coin is great piece for any coin collectors collection as well as for physical silver investors.  Silver is down slightly today as well at just under $24.  If your not interested in silver, but prefer gold, Silver Gold Bull has a lot of their gold bars and gold coins like 1 oz U.S. Mint Gold Buffalo coins back in stock.  Gold prices today are pretty flat around $1468 an ounce.  It looks like there has been some market support around this price range because after it’s super jump back out of the $1350 price range, the price has held steady around the $1460 price point.  I was expecting a profit taking pull back since it made it close to $1490 last week.  It’s a big profit for anyone that were brave enough to jump in when the massive sell off was occurring, with profits around the $100 an ounce even at current price of $1665.  Gold is a bargain in my opinion at this price for the long term investor.  If your going to panic about the volatility I would stay out of gold.  The economic outlook in the U.S. is getting better but still weak and world economic forecast is miserable.  Lots of outside factors going on that should support gold for a good amount of time.  Economic stimulus is popping up all around the world and even China is talking about expanding their economic stimulus.  Botom line is economic growth is slow everywhere.  One report by the feds may look like it’s getting better fast, but if you follow closely it’s getting better very very slowly if at all.

Only other deal worth mentioning here is that the half price shipping and free shipping offer coupon is available again at SilverGoldbull.com coupons.  Also if your investing in gold via Gold American Eagle coins, they are still tough to find but you can order them for May delivery at Goldsilver.com Coupons.  I also recommend Goldsilver.com for market information and investing advice.  It’s a great place to see what’s going on and it won’t cost you anything.

Apr 29

Gold prices are holding steady at around $1465.  Gold prices had a huge climb back from it’s very recent landslide down to the $1350 range.  Your talking about a 10 percent return on anyone that bought in near the bottom.  I also wanted to apologize for a typo in my last blog “Gold Price Gone Crazy making Gold Coins/bars become scarce“.  I have corrected the error, but I stated a $1000 increase in gold, but it was meant to say $100 increase in Spot gold price.  I’m sure that the near future will still have lots of volatility, but it looks like the panic selling is over.  Recent economic data released has also cooled off the panic selling and price pressure with data from the U.S. and China weaker than expected.  Deciding when to get in or if you should get in at all is a tough decision with all this volatility.  It’s pretty scary right now with everything going on, but you really need to be calm and look at the long term before you make a decision.  Long term upside for gold is still strong and in my opinion should be part of a diverse portfolio to some extent.  The U.S. economy is still very sluggish.  It does appear to be doing better, but it’s really tough to tell even with signs of some good economic data.  I just read that the Federal Reserve has quintupled the size of the U.S Balance sheet in the last 5 years to about 4 trillion dollars.  Japan is now doing the same thing as the U.S.  Europe is in such bad shape, it’s hard to tell how much worse it’s going to get, but most likely they will be printing money as well.  It looks like to me that demand is fairly stable for gold and numerous banks are taking advantage of the lower prices and buying gold for diversification.

I’m watching for Gold prices to fall this week with some sell off, after last weeks huge gains.  I think that buyers should watch and hold of on jumping in and see if the prices fall a few bucks before buying into gold.  You can still get half price shipping and free shipping with Silvergoldbull.com coupons.  They also look like they are getting more inventory in on gold bars and gold coins.  Most dealers are still sold out include Silvergoldbull.com of many bars and coins, but you can lock in prices at most places.  This includes the deals at goldsilver.com coupons.  GoldSilver are estimating shipping dates of Mid May to end of May on popular smaller size gold bars and gold American Eagles.  Also noticed that Silver Gold Bull has their guess the gold spot price contest back.  This is a free contest and all you have to do is guess the Gold Spot price and the closest wins $400.  You can enter this free no purchase necessary contest at Silver Gold Bull Coupons.

Apr 26

Gold prices are about to see the largest gains it has seen this week for several years now.  I hope anyone following my blog for the last couple of weeks were able to get out there and buy some gold.  Since gold has dropped from above $1600 it has really become a gold bargain hunters dream.  I can’t believe that anyone that bought a week ago close to Golds Spot price low are up over $100 an ounce now.  I actually thought that it was going to dip or at least level off for a little bit in the low $1400 an ounce range, but it continues to move north with a current price of $1476 an ounce.  I’m now thinking that we could see $1500 an ounce gold sometime tomorrow.  In my previous blogs i suggested checking out Silvergoldbull coupons for great pricing on Gold bars and gold American Eagle coins and Gold silver Maple Leafs.  They still have their half price shipping and free shipping deal, but like just about everywhere else they are sold out of gold.  They are even sold out of Tubes and monster boxes of Silver American Eagles.  What they do still have in stock are 1 oz U.S. Mint Gold Buffalo Coins.  They also have 1/2 ounce and 1 ounce gold Maple Leafs in stock as well as a few options for smaller Gold bullion bars (1g, 1 oz and 1kg bars).  Amazing enough that many dealers are sold out of smaller gold coins and bars.  In comparison Gold bars, Gold Maple leafs and Gold American Eagles at Goldsilver.com coupons are out of stock on just about everything.  I think that we are still in bargain pricing range, so I was comparing prices between Silvergoldbull and Goldsilver to determine the best deal, but Goldsilver is estimating shipping from mid may to end of may.  It doesn’t mean that you can’t order and lock in prices, but you may not get your coins or bullion for a while, which is not the most ideal situation at this point.  Goldsilver.com does currently have slightly cheaper prices, but within a couple of bucks to Silvergoldbull.com.  Silvergoldbull usually has better pricing and they offer a best price guarantee, but since there is so much volatility and market action these days, I noticed that they are unable to price match at this time. They have it posted right on their front page.  My estimate is that we break $1500 tomorrow or early next week for gold.

Apr 18

The other day I was confident that gold was a good buy in my opinion and wrote about in my blog “Gold and Silver Plunge good for Investors?” That was a couple of days ago and Gold is getting close to $1400 an ounce and has held strong the last two trading days.  I’m still thinking that gold has been way oversold in the massive panic sale that went on and I really believe that the bargain hunters buying it up are coming out a head of the game.  I’m pretty sure that several central banks around the world were buying up cheap gold as well.  According to World Gold Council physical buying is skyrocketing because the gold prices are cheap.  There are reportedly shortages for gold bullion bars and surge in markets include countries such as China, Japan, Europe, India and the U.S.   Today’s gold price increase may have also had something to do with the unexpected falls in the leading US Economic indicators index.  Still convinced the economy is very very soft and the world economy is very troublesome, especially in Europe.  Economic Growth will be slow in the U.S and worldwide in my opinion.  The Eurozone is a big worry for me and may just blow up creating all kinds of havoc.  I have not heard more about Cypress selling their gold reserves for the bailout fundraising.  It is one of many options that have been bounced around, but if they do it be a decision of the central bank.  If this happens you will probably see the market drop and I don’t think this is a bad thing.  All the physical gold will get eaten up, like it’s getting bought up right now and prices will level back up to some stability.  It may be another Gold bargain bonanza!

Silvergoldbull still has deals on gold and silver coins at Silvergoldbull.com Coupons.  Free shipping on 5 thousand + orders & half price on $2.5 thousand + orders is still available to anywhere in the U.S. and Canada.  It looks like they also got more American Eagle tubes in but still no American Eagle Coin Monster Boxes in yet.    Gold American Eagle coins are estimated to ship in Early  May, but you can lock in your pricing now at Goldsilver.com Coupons.  Another place to check for gold bars and gold coins is Govmint.com Coupons.  It’s worth a look if your a coin collectors but I found their pricing much higher than Goldsilver.com.  They are selling 1/10 gold American eagles (2013) for a $50 more at $229 than you can get them at Goldsilver.com.

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