Gold Firms Above $1300 An Ounce As Death Toll Rises In Ukraine Tangible Investments and GoCoins.com buy and sell rare coins, precious metals, fine art and jewelry.   BBB - Better Business Bureau
 info@gocoins.com Tangible Investments, LLC. | 1910 S Coast Hwy | Laguna Beach, CA 92651 facebook twitter YouTube LinkedIn Google+ Instagram Pinterest Email  
Gold Firms Above $1300 An Ounce As Death Toll Rises In Ukraine
Posted May 6th, 2014

TANGIBLE INVESTMENTS - Los Angeles - by James O'Dell - Gold edged modestly lower in thin trade on Tuesday as the yellow metal eased to $1,308.30 an ounce while silver advanced to $19.64 an ounce, and the dollar plunged to a 6-1/2 month low, while tensions continue to escalate between forces loyal to Ukraine and heavily armed pro-Russian separatists, boosting gold's safe-haven appeal.
 
A lack of conviction by the Fed to follow the scaling back of its massive quantitative (QE) program with an increase this year in its Federal Funds rate is at the heart of the dollar's weakness, say analysts. But it's a positive sign for gold, which benefits when real interest rates remain low.
 
Meanwhile, the crisis in Ukraine to many observers, appears to be beyond the control of the authorities in either Kiev or Moscow. “I’m convinced that we are struggling against a situation that has taken on a dynamic of its own,” said Germany's Foreign Minister, Frank-Walter Steinmeier. “There are groups in eastern Ukraine that are not listening” to the governments in Ukraine or Russia, said Steinmeier.
 
In a separate interview with several European newspapers, the foreign minister added that recent violence in the Ukrainian city of Odessa had “shown us that we are just a few steps away from a military confrontation.” Acting Ukrainian interior minister, Arsen Avakov, is claiming that more than 30 pro-Russian separatists were killed in clashes with Ukrainian forces on the outskirts of Odessa on Monday.
 
The U.S. warned Russia to stay out of the Ukrainian elections coming on May 25, or sanctions would be expanded to include selected sectors of the Russian economy. In an interview on Paris television, France's President François Hollande said that if the May 25 elections are not held, “there would be chaos and the risk of civil war.”
 
It's important to protect your hard earned wealth during these times of economic uncertainty, and at Tangible Investments (learn about us here), it doesn't matter whether you're new to precious metals or a seasoned veteran, you will always be dealing with top industry experts. Take a moment and browse our vast selection of valuable collectibles, then call Toll Free 1.800.741.5014 today and let the helpful staff at Tangible Investments assist you in your next purchase or sale. Have you claimed your FREE COIN yet?



Gallery or Rarities

View our Selection of Rare Coins

Why Choose Tangible Investments?
Contact Form
Name*

Email*

Message


CAPTCHA Image   Reload Image
Security Code*
Subscribe to Our Newsletter
Professional Memberships
Professional Memberships BBB - Better Business Bureau ICTA - Industrial Council for Tangible Assets NGC - Numismatic Guaranty Corporation PNG - Professional Numismatic Guild ANA - American Numismatic Association PCGS - Professional Coin Grading Service
Follow Us
facebook
twitter
YouTube
LinkedIn
Google+
Instagram
Pinterest
Email
Contact Us
Call: 888.655.9255
Email: info@gocoins.com

Hours of Operation
Monday - Friday 10 AM to 5 PM
Saturday 10 AM to 4 PM
Sunday Closed

Huntington Beach:
16121 Beach Blvd.
Huntington Beach, CA 92647

Laguna Beach:
1910 S Coast Hwy
Laguna Beach, CA 92651

Click Here for Directions
Click Here for Directions
HOME      ABOUT US      BUY FROM US      SELL TO US      LOANS      CONSIGN/AUCTION      SERVICES      MEDIA      CONTACT US
Copyright © 2020 Tangible Investments, LLC. All Rights Reserved. Privacy Policy | Terms & Conditions 
PCGS CO-FOUNDER - MORE THAN $2 BILLION TRANSACTED - 200 YEARS COMBINED EXPERIENCE
Coins & Currency - Gold - Silver - Platinum - Watches - Jewelry
Tangible Investments, LLC. | 888.655.9255 | info@gocoins.com
Huntington Beach: 16121 Beach Blvd. | Huntington Beach, CA 92647
Laguna Beach: 1910 S Coast Hwy | Laguna Beach, CA 92651