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
While major Western Governments try everything to preserve their Fiat Currencies, China continues to accumulate more Gold Bullion. In spite of a string of strong economic data from the US, the dollar failed to stage a solid rally against...
Gold prices fell the most in more than two months last week mainly due to renewed speculation over the timing of the US Federal Reserve’s (FED) tapering of its monetary stimulus programme.
Gold prices broke below the $1300 an ounce level last week hitting a three-week low, weighed down by a stronger U.S. dollar and some upbeat U.S. economic data. And, prices have remained under some downward pressure this week.
Gold prices have extended last weeks’ gain as investors continue to accumulate the physical metal. The price of the yellow metal gained by almost 3% last week as the dollar trended lower against most other major currencies after the...
After bouncing off three-month lows on Monday, gold prices have dipped today, giving back a small part of the prior session’s gains despite the persistent cloud of uncertainty that has settled over Washington. Over the weekend, the...
The U.S. government has begun a partial shutdown for the first time in 17 years, after the two houses of Congress failed to agree a budget. The Republican-led House of Representatives insisted on delaying Mr Obama's healthcare reform -...
Gold fell around 5% last week despite no major economic data, news developments or significant news regarding physical supply and demand. Once again the decline in the price of the yellow metal can be attributed to massive selling of...
Gold prices climbed back above the $1,400 an ounce on Tuesday after Interfax reported that Russia detected a missile launch. A Russian Defense Ministry spokesman quoted by the Interfax news agency said the launch was picked up by an early...
The recent rally in gold prices should not come as a surprise. After all, the gold market has been in backwardation for months, the three-month lease rate, reflecting the cost of borrowing gold, reached a four-year high on August 7, demand...
Even though Gold falls below $1300/oz. on the Back of a Slew of Economic Data, I Remain Extremely Bullish. After holding above the important psychological support level of $1300 for most of last week, on Monday August 05, the price of...
