Free Updates
Navigation
Categories
| December, 2008 (4) |
| November, 2008 (17) |
| October, 2008 (18) |
| September, 2008 (18) |
| August, 2008 (23) |
| July, 2008 (15) |
| June, 2008 (26) |
| May, 2008 (32) |
| April, 2008 (27) |
| March, 2008 (17) |
| February, 2008 (18) |
| January, 2008 (41) |
| December, 2007 (13) |
| November, 2007 (32) |
| October, 2007 (20) |
| September, 2007 (20) |
| August, 2007 (20) |
| July, 2007 (17) |
| June, 2007 (21) |
| May, 2007 (24) |
| April, 2007 (5) |
Search
Archives
More Links
|
 Tuesday, April 29, 2008
Gold Continues Dropping
Posted by tom
Precious Metals in Decline
Gold continued it's steady decline yesterday and slipped below $870 shortly this afternoon. Investors seem wary in light of the expected Federal Reserve interest rate cut which may come tomorrow.
Silver sits just above $16.50 at the time of this posting with Platinum just below $1920 and palladium at $420. All showing significant drops in afternoon trading.
News You Can Use
4/29/2008 3:47:17 PM (Eastern Daylight Time, UTC-04:00)
|
|
 Friday, April 25, 2008
Atonement
Posted by tom
Tom's Recommended Film of the Week
Atonement
After the Academy Awards, I usually try to watch all the films, which I have not yet seen, that were nominated for best picture. I figure if they took the honor of an Academy nomination, it's probably a good idea for me to watch them. So this week I viewed Atonement.
Normally I don't go in much for romances, but I do like some of the Jane Austin based films and war pictures are ok by me, so Atonement looked like a good opportunity. The film is directed by Joe Wright, who also directed Pride and Prejudice. It has a war segment and offers some odd emotional crossings, so I came to it expecting to be at least lightly entertained.
Atonement
however, turned out to be an excellent picture. Clearly much thought was put into its development from the novel by Ian McEwan. I really enjoyed the scene transitions, which help to blend the crossing story lines. Judging by the disc extras these moments came straight from the novel and proved perfect for use in the film editing. Atonements blending of sounds and scored music also provided a great treat for me. The typewriter clacks really helped to hold the film together and brought added emotional effect when needed. Powerful acting from James McAvoy and Keira Knightley brought an elevation, which kept Atonement from becoming overly melodramatic in it's themes of class distinction and snobbery.
In a way, Atonement might be compared to Titanic in its method of story telling and I think that is a good thing for the potential viewer to hear. If you enjoy this type of film, jump right in, but even if British romantic drama is not your cup of tea, I think most viewers will be able to appreciate the fine craftsmanship which went into making Atonement.
Tom's Recommended Film of the Week
4/25/2008 5:23:37 PM (Eastern Daylight Time, UTC-04:00)
|
|
Magic Triangle of Gold, Oil & Currencies
Posted by tom
Precious Metals Doldrums
We've hit a period of the doldrums within the larger bull market for precious metals. Spot prices have been slipping, futures are weak, investors are selling.
But overall, consider where precious metals are resting. Gold may have slipped the last few weeks, but it's still much higher than most would have imagined possible ten years ago. Platinum is just about double what it was just a couple years back. And silver is roughly three times its modest level of three years ago.
Step back from the day to day and just consider those figures. That's a lot of growth in a very short period of time.
Keep this in mind as you watch the spinning triangle of Gold, Oil and Currencies over the next few weeks or months. Each one of the three will take its turn in the spotlight, while the others soften. But none of the three will drop completely out of sight of the investor.
For metals, we are on a ledge. The $885 level we spoke of in a post last month seems to have held. Gold is not the darling of investors at the moment, but it's not far off the mark and it's waiting there for another turn in the spotlight.
News You Can Use
4/25/2008 3:51:00 PM (Eastern Daylight Time, UTC-04:00)
|
|
Friday Fix
Posted by tom
Friday Fix
London pm fixes for 4-25-08
Gold $891.50
Silver $16.68
Platinum $1951.00
Palladium $434.00
Friday Fix
4/25/2008 1:42:46 PM (Eastern Daylight Time, UTC-04:00)
|
|
 Thursday, April 24, 2008
Cascade of Precious Metals
Posted by tom
Cascading Precious Metals Morning
Gold and it's counterparts have all been on the slide this morning. In fact it has been almost a weeks worth of cascading spot prices for precious metals, with Gold down to about $895 an ounce as of this posting.
Silver is down to $16.85, Platinum at about $1985 and palladium at about $435. There's a lot of selling going on, with some true goldbugs buying in at these weakened levels, keeping the prices from dropping too drastically in any given day. For the most part, those involved in precious metals investment still see the market as bullish, with current developemnts viewed as healthy solidification. Long term predictions are still generally very enthusiastic for Platinum and Palladium.
Futures are also weak and for the short term it would seem that precious metals are on the outside, looking in. A strengthening dollar and the European economic outlook are pushing the Euro down a bit and U.S. economic data set to be released later this week will also likely have an effect.
News You Can Use
4/24/2008 10:00:56 AM (Eastern Daylight Time, UTC-04:00)
|
|
15% Discount on KP Numis Books
Posted by tom
15% Discount on Numismatic Books through April 30th
Yesterday I got a Krause Publications email update announcing that any KP numismatic book order recieved by April 30th would be eligible for a 15% discount. Not a bad deal, and the KP Book site is easy to navigate, with good descriptions and images of the book covers to help you choose. I know that they also offer sales and clearance prices on books in other areas of collectibles as well, so if you have a cross interest it's worth checking out the site.
In the numismatics area I noticed that they are offering the Coins of Northern Europe and Russia book at half price! And the massive United States Tokens catalog by Russ Rulau is on sale for $35.00, down from about $55. Some good deals, plus a 15% discount on any of those numismatic books which are not already on sale. To get the 15% discount for an online order just use Coupon Code NNWB48.
Stop by the KP book site before April 30th and fill out the gaps in your numismatic library at a 15% discount and while you're there, sign up for email updates, like the one I got, to inform you of future clearance sales, special offers and new releases. It's a good way to stay informed and make the best use of your collecting budget.
KP Update
4/24/2008 9:28:50 AM (Eastern Daylight Time, UTC-04:00)
|
|
 Wednesday, April 23, 2008
British Tallent & Polish Belzberg at Stack's
Posted by tom
British Hammered and Classic Polish Coinage at CICF
Back in 1988, Stack's held a spectacular auction of gold coins in conjunction with the annual Chicago International Coin Fair. CICF was co-founded and grown into one of the largest foreign coins shows in the U.S. by Chicago coin dealer Ed Milas. By 1989 Stack's was offering another fine sale at CICF, now owned by Krause Publications and three years after that Ed Milas sold his outstanding collection of Multiple Talers through Spink Zurich.
This week will see the 33rd incarnation of the annual CICF, this time at the Crowne Plaza Chicago O'Hare and Stack's will be returning with two excellent offerings to be held at the Doubletree Hotel on Thursday the 24th.
As friend and fellow blogger, George Cuhaj, noted in his posting yesterday, the first catalog will offer the Michael S. Tallent collection of British hammered coinage. This is an outstanding offering of classic British hammered and offers something for every collector in this field. I was most impressed by the vast array of rare Sovereign types, which includes two Henry VIII sovereigns, second and third coinage issues, two Mary I fine sovereigns of thirty shillings, and a James I Rose Ryal of thirty shillings from the second coinage issue, amongst others. In silver coinage the collection offers many varieties of the horseman Crown's, including a good selection of those struck at both the Shrewsbury and Oxford mints. Of particular interest to me was the extensive offering of Civil War issues. Tallent built an excellent collection of Ormonde coins from the Great Rebellion, in which is contained one of the true rarities for the Ireland collector, the Ormonde twopence or half groat. This is a very tough coin to acquire and the Tallent piece is very attractive. If however, you already have one in your Ireland collection, perhaps you might consider the less attractive, but also quite rare Cork sixpence also offered in this sale. And if both of these are leaving your bored, maybe you will perk up when you learn that this sale also offers an imitation Blacksmith's Halfcrown of the confederate Catholic's at Kilkenny? Three very rare coins offered in consecutive lots just about midway through the sale, which begins at 4pm on Thursday afternoon.
As George also mentioned in his blog posting, the second sale, which begins directly after the close of the Tallent Collection, presents the Polish collection of Alicia and Sid Belzberg. This sale offers a dazzling compilation of Polish and Russian rarities, a list of which would be way too long for me post here. On the other hand I do feel the need to note one particular gold piece of special interest. The Belzberg collection contains an extremely rare example of the 1772 2 Ducat of Princess Isabella Czartoryska. This is the first time I can recall seeing this type offered for public sale. Neither the Standard Catalog of World Coins nor Friedberg have this type listed.
After the Belzberg collection the remainder of the second auction catalog is devoted to various other coins from around the world. There are many medieval coins, ancients, Latin American, Italian and lots of this and that, such as this platinum 25th Anniversary medal of the Sultan of Brunei from 1992. And of course, to tie things up in a nice little package, you should note that in the Tallent catalog Stack's put together a nice little offering of Multiple Talers. I wonder what Mr. Milas would think of that?
Auction Lot of the Week
4/23/2008 6:22:27 PM (Eastern Daylight Time, UTC-04:00)
|
|
Gold Turns Downward
Posted by tom
News You Can Use
4/23/2008 10:58:00 AM (Eastern Daylight Time, UTC-04:00)
|
|
 Tuesday, April 22, 2008
Gold Looking to Rally
Posted by tom
Gold Nips at a Rally
There is talk today that Gold needs to get going again or risk a big spill. Gold's lack of movement as crude oil rocketed to new highs near $118 a barrel, may indicate a break in the traditional ties we have been observing over the last year or so.
With the dollar hovering around $1.60 to the Euro and oil rising, gold should have moved upwards into the $950 to $975 range, but buyers seem cautious. Investment money is fickle and some in the numismatic trade are wondering if the attraction has worn off gold.
This mornings spark
, with gold skipping upward to about $920 as of this posting, may be the beginning of the overdue rally for precious metals. For the dubious investor, silver may be the better metal to sink into at the moment. As of this posting silver has risen to about $17.70, with high hopes and less apparent downside risk.
News You Can Use
4/22/2008 11:50:24 AM (Eastern Daylight Time, UTC-04:00)
|
|
Earth Day Fun
Posted by tom
Earth Day Fun at Google
Check out the great Earth Day image that Google has up today. I do enjoy seeing what new art Google comes up with for each passing Holiday. It's always a nice little treat and a great reminder to honor the day.
Earth Day
has gotten much more attention as the years have gone by. Of course, global ecological concerns have increased the media's focus on all matters "green" so Earth Day benefits too.
So take a moment to think about your Earth today. Consider what you might be able to change in your daily routine that might benefit the Earth. Be better at recycling, turn the faucet off while you brush yout teeth, reuse rather then refuse. Just give it some thought, if Google can, so can you.
Tom's Inescapable Truths
4/22/2008 9:23:25 AM (Eastern Daylight Time, UTC-04:00)
|
|
 Friday, April 18, 2008
Dogma
Posted by tom
Tom's Recommended Film of the Week
Dogma
In honor of the Pope Benedict XVI’s visit to American, and I really wonder how you can call it a visit to "American" when he is only setting foot in New York city and Washington D.C., I watched one of my favorite comedies this week. Dogma is probably independent film maverick Kevin Smith’s most highly regarded film. It may also be his most widely watched and perhaps even his most fervently despised as well.
Certainly Dogma offers some of the best acting you will ever see from Ben Affleck, working with partner Matt Damon to form one of the most innovative and startlingly offbeat comedy teams ever put to film. The rest of the cast, including Alan Rickman, Jason Lee, Linda Fiorentino, Jason Mewes, Chris Rock, Salma Hayek and Smith himself, obviously had a great deal of fun making Dogma. You can see this in the film and confirm it if you watch the extra’s on the double disc set.
Dogma
is right up there on par with Monty Python and the Holy Grail or perhaps even Life of Brian, when it comes to a battle of the greatest jib-jabs at the organization of religion. It’s not for the faint of heart, there's plenty foul language and if you can’t take some serious fun poking, or stand to take a good strong look at your own churches doctrines, rules and "I don’t know why! Just do it!" attitudes, then you may not enjoy this film. But if you don’t take these things all that seriously, have some faith, beliefs and ideas of your own and can contend with some pointed humor, give Dogma a try.
Tom's Recommended Film of the Week
4/18/2008 4:03:09 PM (Eastern Daylight Time, UTC-04:00)
|
|
Friday Fix
Posted by tom
Friday Fix
London pm fixes for 4-18-08
Gold $908.75
Silver $18.18
Platinum $2026.00
Palladium $451.00
Friday Fix
4/18/2008 12:25:55 PM (Eastern Daylight Time, UTC-04:00)
|
|
|