NumisMaster Logo
Sign In
Free Newsletter

Collector Info
In Print
Site Map

Commodities Slip - Gold Near $700
November 14, 2008

Gold, Silver and Crude Oil Drop!

What a morning for precious metals! Gold has slipped to near $700 and silver has fallen below $9.

Crude oil is down to $56.32 a barrel as of this posting.

Seems that many are now returning to U.S. Dollar based investments, indicating that inflation fears have all but evaporated. High confidence in a new leadership in America certainly has had an effect.

Still, our worldwide economic hardships are not at an end, by any means. The stock market is extremely volatile. As always, proceed with caution in your investments and keep yourself well informed.

Add to:   digg
With this blog: Email to friend   Print

Something to add? Notice an error? Comment on this blog.

About the Author
Tom Michael has been Krause Publications primary market analyst on more than 80 world and United States coin catalogs produced over the last 20 years. He came to KP in 1987 with a bachelor of arts degree in history, a master of arts degree in economics and a history of coin collecting stretching back to the 1960s. He began collecting world coins as a child by asking friends and relatives to bring coins back from overseas trips, visiting flea markets and having his mother watch for foreign coins in her register at the local grocery store. Today he works with a dedicated base of over 200 contributors to provide accurate market values for the five-volume Standard Catalog of World Coins series, as well as many specialty catalogs, including Coins & Currency of the Middle East and the fifth edition of Unusual World Coins.

Search this Blog
Email Updates
Email me a message when a new post is added!
RSS Feed

About Us | Contact Us | Privacy | Your data is secure
©2018 F+W Publications, Inc., Iola, Wisconsin. All rights reserved.