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.
Demand for my previous book, Indian Gold Coins of the 20th Century, is also increasing. A good sign for the Indian gold coin market.
1st National Reserve of Beaumont, Texas, one of America’s leading gold, silver and rare coin dealers, has joined the Bellevue, Washington-based Second Amendment Foundation (saf.org) as a partner in the fight to restore and protect the right of law-abiding persons to keep and bear arms...
The threat of being shot was enough to scare off a prowler in Burton, S.C. The Beaufort County Sheriff's Office said a woman was sitting on her couch one mid-December evening when a man appeared at her window and told her to open her door…
He also was interviewed about the gold market by Fox Business Network in a live broadcast segment from the World's Fair of Money.
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.
Mike Fuljenz, recent Beaumont Enterprise Award Winner, discusses gold rising, new Kennedy commemorative coins and states that are sales tax free on precious metal transactions.
Mike Fuljenz discusses the billions that America would save by eliminating the penny and the dollar bill.
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 precious metals…
Sandwiched between receiving an award, autographing copies of his book and purchasing gold coins to fulfill his customers' orders, America's Gold Expert®, 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.
Mike Fuljenz with Rep Lloyd Doggett (D-TX) and Rep Jimmy Hayes (R-LA)
I am urging coin collectors and investors nationwide to promptly contact their Congressional representatives in support of the recently introduced Collectible Coin Protection Act (HR5977).
I was among a half dozen of the country's numismatic leaders who met in Washington, DC on June 28, 2012 with Congressional leaders and staff members to discuss the importance of the proposed legislation to protect the public.
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. The interviewer asked me for consumer protection advice so other people can avoid encountering this kind of problem.