Gold turned on a dime last Wednesday during the Federal Open Market
Committee (FOMC) press conference, when the Fed seemed to be saying that they
would delay any increase in key short-term U.S. interest rates.
The Fed’s statement last week sent the U.S. dollar down and gold up. Gold in
America had fallen victim to a sharply rising dollar, but the fall of the recent
fall in the dollar has boosted U.S. gold prices. On the previous Friday, March
13, the euro had fallen below $1.05, but as of Monday, March 23, the euro is up
to $1.0926, up more than 4% in 10 days. The price of gold has also risen by
almost 4%, from $1147 right before the Fed announcement, to $1188 on Monday
morning. Most of that gain came from the dollar fall.
A Scottsdale, Ariz., man who was shot during an assault recently was moved
from a hospital room to a jail cell. The 28-year-old man had been shot after
allegedly breaking into his estranged girlfriend's home, holding her against her
will and sexually assaulting her in early December…
Michael Fuljenz, America’s Gold Expert® was honored with four awards in the
23rd annual Excellence in the Media competition conducted by the Press Club of
Southeast Texas. The awards were for Fuljenz' consumer education and protection
writings about buying and selling rare coins and precious metals.
As you probably know, ICTA is the national trade association that is the “watch
dog” for the coin/precious metals community, most especially on the federal
level. We’re a comparatively very small association and can only do so much with
our small staff. When being proactive with in-state dealers to try to achieve a
state sales tax exemption on coins and precious metals, they usually hire a
lobbyist and then work with ICTA for the education part. We then all work
together to first educate the lobbyist who then may find an appropriate
legislator to sponsor the bill before going to the next step of educationg the
rest of the legislators. This slightly an oversimplification, but you get the
America's Gold Expert® Mike Fuljenz Received "The Clemy" At 2013 World's Fair of Money
America's Gold Expert® Mike Fuljenz, received multiple awards during the annual
World's Fair of Money, including one of the profession's most esteemed honors,
"The Clemy," for his consumer protection and education work in rare coins and
Mike Fuljenz Speaks to Police Agencies on Numismatic Crimes
Sandwiched between receiving an award,
autographing copies of his book and purchasing gold coins to
fulfill his customers' orders, Michael Fuljenz, recently was a keynote speaker at a special training
course for Texas law enforcement personnel on the topic of investigating crimes involving rare coins, bullion and jewelry.
KFDM-TV Channel 6 Crime Stoppers Interviews Mike Fuljenz
KFDM-TV Channel 6 in my hometown of Beaumont,Texas recently did a Crime Stoppers
story about a Texas dealer who reportedly paid only $16,000 for nearly $250,000
of coins sent to him by an 82-year old California woman.
In order to enjoy the best of both worlds, hedge diversification
and long-term appreciation, the ideal way to own and hold precious
metals in your IRA is with Gold, Silver and Platinum American Eagles.