The January Fed minutes have been released. Here are the highlights:

• Further “gradual” increases in rates are expected
• Members debating whether inflation will be an issue Continue reading →

A mixed bag of financial indicators keeping the price of Gold in slightly positive territory this morning. Continue reading →

On this President’s Day, the Equity markets and Bond markets are closed. Continue reading →

First, let’s take a look at the Platinum group metals. The recent resurgence in the price of Platinum is attributed to aggressive buying by car manufacturers trying to stay ahead of the curve. Continue reading →

This “Year of the Dog’ Bullion is Struck by the Royal Canadian Mint

ADDISON, Texas (Feb. 15, 2018) – Dillon Gage Metals, one of the world’s largest precious metals wholesaler firms, is once again the exclusive source for the Royal Canadian Mint’s Silver Lunar Privy bullion coin. For the past five years, Dillon Gage Metals has had the sole distribution of this unique RCM Silver Maple Leaf. The “Year of the Dog” in the Chinese Lunar Calendar officially kicks off this Friday, February 16, 2018. To honor this loyal Lunar symbol, this year’s coin features an intricately engraved Labrador Retriever for the privy seal (the standard Canadian Maple Leaf privy is a smaller leaf with the year number inside).

In the most recent decades, the dog represents those born in 1922, 1934, 1946, 1958, 1970, 1982, 1994, 2006 and now 2018. Individuals born in the Year of the Dog are honest and loyal, much like their canine counterparts. In Chinese culture, if a dog happens to come to a house, it symbolizes the coming of good fortune and prosperity. This year’s Lunar Privy bullion coin is the perfect gift or keepsake for those born under the Year of the Dog sign.

“The Chinese Zodiac Calendar is a very important part of traditional Chinese culture,” stated Terry Hanlon, president of Dillon Gage Metals. “This exceptional limited mintage Royal Canadian Mint Silver Maple Leaf that bears a Lunar Year privy mark celebrates that heritage. This unique coin is a great gift for those who participate in Lunar New Year festivities, and it’s also great for any coin collectors in your life who happen to love dogs.”

The coin is crafted in the Royal Canadian Mint’s exceptional 99.99 percent pure silver. It features a serrated edge and a unique reverse-proof finish. This coin is the highest denomination made available on a 1-ounce silver bullion coin – $5 CAN. Along with Canada’s beloved monarch, Her Majesty Queen Elizabeth II, on the obverse and the iconic Canadian Maple leaf on the reverse. The coin is 38 millimeters in diameter and weighs 31.110 grams.

This limited-mintage special release will be available to authorized dealers from Dillon Gage. For information and pricing, call 800-375-4653 or go to www.dillongage.com to purchase on the electronic trading platform, FizTrade.com.

About Dillon Gage Metals
Dillon Gage Inc. of Dallas (DillonGage.com), founded in 1976, companies include:

• Dillon Gage Metals (DillonGage.com/) one of the world’s largest precious metals wholesale trading firms. The firm is an authorized purchaser for all major world mints and maintains inventory in over 20 countries around the world. Additionally, the company provides advanced tools and technologies that enable market participants to be more successful in their businesses, allowing electronic trading and offering cloud-based solutions for the physical precious metals marketplace 800-375-4653
• FizTrade Online Trading (www.FizTrade.com) offers real-time bid/ask trading platform for gold, silver, platinum and palladium. 800-375-4653
• Dillon Gage Refining (dillongage.com/precious-metals-refining/), professional assayers and refiners of precious metal scrap, from low grade to karat scrap. Stone removal services and diamond experts on staff. 888-436-3489
• International Depository Services Group with locations in Texas, USA (www.idsofTX.com; 888-322-2431), Delaware, USA (www.ids-delaware.com; 888-322-2431), and Ontario, Canada (www.idsofcanada.com; 855-362-2431), offers secure, efficient and insured precious metals and certified coin depositories that focus of custom business logistics solutions which include storage, fulfillment, inventory managements and many other value-added services.

Contact:
Jo Trizila
TrizCom PR
(972) 247-1369
Jo@trizcom.com

In 1921, a young bride inspired her husband’s design for America’s Peace Silver Dollar, which would be the last actual “silver” dollar produced. Continue reading →

Higher interest rates are on the minds of all traders and investors this morning as CPI figures indicate inflation is on the rise. Continue reading →

After the last two weeks, there’s almost no telling what will happen in the equities market when the Dow opens for the week. Continue reading →

Today we’ll look at the Past, Present and Future. First, we’ll tackle the present. Continue reading →

White spots on silver bullion coins have been a known issue in the global bullion market for years. Continue reading →

The U.S. Dollar is trading higher this morning keeping the pressure on the price of Gold. Continue reading →

Here’s why the equity market sell-off will not help the price of Gold in the short term, but will in the long term. Continue reading →

About 15 minutes ago, the Dow Industrial average was down over 1500 points. Continue reading →

The price of gold caught in crosscurrents of a significantly weaker equity market, a stronger dollar and softer 10-year bond prices around the globe. Continue reading →

A lot of news for the market to absorb this morning as Ten-Year treasury yields continue to climb, affecting both the price of Gold and the Equity markets. Continue reading →

Here’s the current release schedule of just SOME of the new bullion that will be available soon from Dillon Gage. Continue reading →

The price of Gold in recovery mode this morning as the Dollar index breaks below the 89 level once again and Global Ten-Year Bond yields are all seen edging lower. Continue reading →

The price of Gold under pressure as we see Bond yields across the globe higher today. Continue reading →

Yesterday, the President’s comments left all the currency traders and the Gold traders scratching their heads. Continue reading →

President Donald Trump told CNBC on Thursday the dollar will strengthen over time under his leadership and that recent remarks made by Treasury Secretary Steven Mnunchin about the greenback were misinterpreted. Continue reading →

The U.S. Dollar hitting a three-year low giving fuel to higher Gold prices this morning. Continue reading →

The price of Gold unchanged this morning as a weaker dollar and higher Ten-Year Treasury yields keeps the price of Gold boxed in. Continue reading →

All Eyes On Washington D.C.

A government shutdown could boost the price of Gold. Continue reading →

Gold market reacts to comments made by Automation CEO Mike Jackson, the now newly elected Atlanta Fed President, that the Fed needs to normalize interest rates as the economy expands.

The price of Gold and silver immediately sold off after his comments.

Enjoy the rest of your day.

Incuse Struck Design on Both Sides Offered by Dillon Gage

ADDISON, Texas (Jan. 17, 2018) – Dillon Gage Metals, one of the world’s largest precious metals wholesale firms, is pleased to announce the release of a unique and innovative bullion coin. Continue reading →

The U.S. Dollar is in recovery mode, trading at 90.70 up from its most recent lows overnight at 90.11. Continue reading →

Precious Metals Wholesaler Dillon Gage Metals Reveals Composition and Value

ADDISON, Texas (Jan. 18, 2018) – Dillon Gage Metals, one of the world’s largest precious metals wholesale firms, is educating the public on everything they need to know about the Olympic medals slated to be awarded during the 2018 Winter Games in Pyeongchang, South Korea. Continue reading →

The U.S. Dollar continues its slide, giving the price of Gold a boost this morning. Continue reading →

The U S Dollar just broke thru the next key level of support at 91.01 and now setting a new three-year low. Continue reading →

The euro traded at a three-year high right after the European Central Bank announced that it is cutting its Crisis Era stimulus program faster than expected. Continue reading →

The price of Gold was little changed in the Asian overnight session as much higher Ten-Year Bond Yields were seen across the globe. Continue reading →

San Francisco Fed President John Williams said the Federal Reserve should raise rates three times this year as the already strong economy will get a boost from tax cuts. Continue reading →

Right after the 8:30 jobs number was released, Gold was bid up as the dollar sold off and treasury yields headed south. Continue reading →

Some reasons why owning physical Gold is a prudent choice for a balanced portfolio. Continue reading →

The price of Gold is surprisingly in positive territory this morning as the recently declining U.S. Dollar changes direction. Continue reading →

The price of Gold taking advantage of a weaker dollar this morning as the dollar index trades at a year over year low by as much as 14 percent. Continue reading →

A weaker dollar seems to be the main driver for higher gold prices. Continue reading →

The market’s in holiday mode with many traders enjoying their time off. Continue reading →

The Dillon Gage Family wishes you and your family the happiest of holidays! Continue reading →

If there is anyone out there who predicts the future price of gold for 2018, don’t listen to them. Continue reading →

Coming Up: Gold and the Bitcoin craze, but first our Markets:

As expected the price of Gold continues to be range bound between $ 1250 and $ 1270 as we approach the holiday week. Continue reading →

With the recent Fed rate hike out of the way and the nervous longs conceding defeat, the market has now started to build a foundation. Continue reading →

Walter Pehowich is off today. The commentary is from a senior Dillon Gage staffer.

It was a taxing day for the dollar and Dow

The U.S. dollar and world stock markets had a less than stellar day, yesterday, tanking as doubts about U.S. tax reform rose. Continue reading →

Gold rallies eight dollars the Federal Reserve’s announcement of a 25 basis rate hike. Continue reading →

A short-covering rally in the price of Gold has created a temporary foundation for the yellow metal. Helping the price to stabilize at these levels is a weaker U.S. Dollar and lower Treasury yields.
Continue reading →

The price of gold rebounding off last week’s lows as a weaker U.S. Dollar and lower Treasury Yields across the globe are supporting the price. Continue reading →

If you haven’t been watching the price of Palladium, it is now trading at more than $100 dollars over Platinum. Continue reading →

Both Gold and Silver tested their support levels yesterday and held. Continue reading →

Let’s start off with the question of the day. “If you were a CEO of a major corporation and are looking at a tax cut from 35 percent to 20 percent, how would you spend your windfall?”

Continue reading →

In the last couple of days, as the price of Gold failed to break thru the $1,300 dollar level that everyone was looking for, we witnessed the CME Gold open interest decline by over 40,000 contacts. That’s an indication there is a good amount of longs giving up on their investments.

Continue reading →

The price of Gold is retreating from its most recent highs as Bond prices across the globe decline. It seems that no matter how many new longs come into the marketplace, the price of Gold just can’t break out into new territory.
Continue reading →

The price of Gold knocking on the door of $1,300 as the spec longs continue to add on to their positions. Helping the price of Gold this morning is a weaker U.S. Dollar and lower bond yields across the globe.

D.C. Spotlight

Lawmakers are back from their thanksgiving recess to debate the proposed tax bill.

Continue reading →

This past Friday when we broke thru the $1,290 level, we witnessed 28,000 new longs come into the market. On Monday, with a $ 20 dollar sell off, only 9,000 contracts headed for the exits. I have a concern now that the market could be vulnerable with what I view as an overbought spec long position in the marketplace.

Continue reading →

Since we described the bond and treasury market in Friday’s Market Gage, I thought it would be appropriate to describe how the CBOE VIX (volatility index) works and why we follow this index so closely.

VIX is the ticker symbol for the Chicago Board Options Exchange (CBOE) Volatility index, which shows the market’s expectation of 30-day volatility. It is constructed using the implied volatilities of a wide range of S&P 500 index options.
Continue reading →

The Dillon Gage Family wishes you and yours a very Happy Thanksgiving!

Continue reading →

The price of Gold still handcuffed in its twenty dollar trading range. It seems that all markets are waiting to see if the House and Senate can agree on a tax plan. The jury is still out on that outcome, and until it’s settled I don’t expect any significant movement in the price of gold.

The dollar and bond prices virtually unchanged this morning.

Continue reading →

The following chart includes the year to date totals for 2017 from the U.S. Mint as of 5pm on November 16th. The chart also shows the change in sales from 11/9/2017 which we reported on November 10th.
Continue reading →

Just before I was ready to send out this report, I received a call from an old friend who is a prominent Wall Street trader. He said “I believe that the equity markets have reached the sun and have already started their return to earth.

Continue reading →

The price of Gold back to the middle of the most recent trading range, recovering a little this morning from Friday’s sell off. Mid-morning this past Friday, we saw selling in the Bond market sending the Ten Year Treasury yields from 2.33 percent up to 2.4 percent.
Continue reading →