David Levenstein
Precious Metal Investment Expert
David Levenstein is a leading expert on investing in precious metals. Although he began trading silver through the LME in 1980, over the years he has dealt with gold, silver, platinum and palladium. He has traded and invested in bullion, bullion coins, mining shares, exchange traded funds, as well as futures for his personal account as well as for clients.
His articles and commentaries on precious metals have been published in dozens of newspapers, publications and websites both locally as well as internationally. He has been a featured guest on numerous radio and TV shows, and is a regular guest on JSE Direct, a premier radio business channel in South Africa. The largest gold refinery in the world use his daily and weekly commentaries on gold.
David has lived and worked in Johannesburg, Los Angeles, London, Hong Kong, Bangkok, and Bali.
For more information go to: www.lakeshoretrading.co.za
David Levenstein Articles
Many individuals are perplexed about the current low gold prices, especially with all the madness in the world. It just doesn’t make sense. While the US Federal Reserve (Fed) has backed off from printing money, the other major central...
Gold ticked up after an eight-day losing streak on Monday, but languished near its lowest in three months as surging US nonfarm payrolls boosted expectations of a December rate hike in the US.
Even though the price of gold failed to make a decisive break above the 200 day Moving average, the price looks set to continue its upward trajectory. However, one can expect some resistance close to the 200 day MA at around the $1185 an...
In an environment of Low Interest Rates, Exploding Debt, Slow Economic Growth, you need a Reliable Store of Value. Gold prices continued to rally on Monday, extending gains made towards the end of last week. However it seems that the...
Gold prices retreated on Monday after a strong rebound last week after the US Federal Reserve announced that it will not be raising interest rates. In what has become the most highly anticipated meeting of the Federal Open Market Committee...
Gold prices began this week on a slightly negative note as prices drifted back towards their lowest levels since mid-August after US payrolls data failed to provide clarity on the timing of a US Federal Reserve rate hike, and as the dollar...
Even Though Investor Sentiment Remains Negative towards Gold, Demand for the Physical Metal is very robust. Although investor sentiment remains largely negative towards gold, the price of the yellow metal seems to be carving out some...
Since around mid-June, gold prices have come under substantial selling pressure. One of the main drivers behind this fall has been the on-going debate about interest rates.
Gold prices continue to remain under pressure after hitting a four-month low on Friday, as the dollar tumbled against the euro on signs of renewed optimism that Greece may secure fresh funding from its’ European creditors.
Despite the fact that the Greek government has now imposed capital controls and has instructed banks to close for this week, the price of gold had a rather muted response while global equities experienced a sharp sell-off.
