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Archive for May, 2009

Certified Metals

Friday, May 29th, 2009

A great many experienced investors agree that certified metals investments are ultimately the safest possible precious metals investment because they are non-confiscatable by the U.S. government. There is historic precedence for this type of investment philosophy, as our government has already implemented a gold bullion confiscation from U.S. citizens in 1933. President Theodore Roosevelt issued an executive order, forbidding the ownership of gold bullion by U.S. citizens. Everyone was ordered to hand over his or her gold to back up our nation’s currency, and help cure the country’s banking emergency. Anyone found to be hoarding gold was subject to a ten-year prison sentence, and a $10 thousand fine. Exempt from this confiscation was rare coin. Certified metals investments in coins are rare, and as such, are irretrievable through U.S. government confiscation, as deemed in the Executive Order of 1933.

Today, U.S. currency values are plummeting, as the once almighty dollar has reached a five month low, with a .96 decrease on the Dollar Index to 79.50. Conversely, the spot price of gold reached $978.30 late this morning, with projections for the yellow metal to break its’ all-time high of $1033 by mid-to-late summer. Gold has a historic, inverse correlation with dollar values, which means that when dollar values continue to struggle, gold historically tends to appreciate. We are in for an indeterminate inflationary period, which means more woes for our nation’s dollar. Investors who are interested in certified metals are advised to contact a reputable, large volume precious metal dealer, like Precious-Metal.org, for world-class consultation on certified metals, and competitive prices.

John Burke

Safe Precious Metal

Thursday, May 28th, 2009

It’s no small wonder that there are plenty of tentative investors, who would love to put their remaining investment and/or retirement dollars into a so-called “safe precious metal”. The developments over the last few years with traditional investments in stocks and bonds, has been enough to traumatize even the most steely-nerved Wall Street warrior. As a result, droves of disgruntled investors have abandoned their positions with stagnant stocks and barren bonds, and have converted their portfolios and retirement accounts into precious metals like gold and silver. Platinum and palladium are also used in financial investing, but mostly as a diversification strategy, as is generally recommended in most precious metals investments. Current economic conditions appear to be favoring gold as a “safe precious metal”, as dollar values continue to struggle, and should continue to do so, as an indeterminate inflationary period is expected to envelop all of us.

Gold has a historic, inverse correlation with dollar values, and projections for the yellow metal are to break its’ all-time high of $1033 by mid-to-late summer. There has been some profit taking this week, but projections remain bullish, as experts and investors await gold’s “final ascent” for the all-time precious metal summit. Considering the current global economic climate, there are many experienced investors who view gold as a safe precious metal for now, as bullion investments are widely viewed to be ideal for short-term profits. Long-term security is also the objective for many gold investors, who tend to invest in rare coin, due to their numismatic value, which generally tends to appreciate over time.

John Burke

Best Precious Metals

Wednesday, May 27th, 2009

The most commonly known investment variety of precious metals is gold, silver, platinum, and palladium. Gold and silver traditionally are the two primary investment metals, with platinum and palladium being more secondary investments, as they are more commonly used for scientific and technological advances. Precious metals investments have traditionally been an ideal way to preserve and even supplement wealth, especially during times of economic strife, when printed, or fiat currency values decline, due to overprinting and rising inflation. Current global economic conditions are extremely dicey, as Wall Street investment confidence hovers at about zero, while U.S. dollar values continue to struggle, and an indeterminate inflationary period is all but upon us. Traditionally, these types of negative economic factors have generally tended to be advantageous for precious metals investors, and more and more novice investors want to know what the best precious metals investment is.

As I’ve stated many times, the best precious metals investments are the ones that accommodate each individual investor’s own, specific financial needs and expectations. The only way to determine which are the best precious metals is to conduct a thorough, detailed evaluation of your own, specific financial needs. For example, an investor who needed to make a short-term profit would traditionally invest in gold bullion bars or coins, whereas someone who wanted long-term financial security would traditionally invest in rare gold coins, as their numismatic value tends to appreciate over time. Diversification of both types of investments is recommended, and interested investors are advised to contact a reputable, large volume precious metal dealer, like the Certified Gold Exchange, for expert consultation on precious metals investing, as well as competitive prices.

John Burke

Precious Metal Spot Prices

Tuesday, May 26th, 2009

Investors are keeping a keen eye on precious metal spot prices, as many experts believe that gold has begun its “final ascent” towards the all-time record high of $1033, by mid-to late summer. Gold experienced some profit taking over the holiday weekend, as the yellow metal sometimes does, and it will be interesting to see if projections continue to double as economic indicators, as dollar values continue to struggle, while inflation means do darken every last door. There will undoubtedly be those who will succumb to inflationary factors like rising inflation, and take a short-term profit from gold’s recent “spike”, while others remain confident that their well-diversified precious metal investment will grant them long-term security, as well as a tidy short-term profit.

Gold has a historic, inverse relation with dollar values, and a great many investors with a strong sense of history, feel that now is the time for precious metal spot prices to dramatically respond to global economic factors like anemic Wall Street activity, and an indeterminate inflationary period. Today’s economic conditions have been remarkably similar to those in the 1970’s, where dollar values fell by over 60%, and stocks and bonds investments failed to even keep up with the rate of inflation. Conversely, savvy investors, who got into gold early during the 1970’s, made over 1000% on their initial investment. Metals like silver, platinum, and palladium, also have tendencies for increased demand, as more investors look to diversify. Interested investors are advised to contact a reputable, large volume precious metal dealer, like the Certified Gold Exchange, for world-class consultation on precious metal spot prices.

John Burke

New York Gold Price

Saturday, May 23rd, 2009

In short, the New York gold price is the hand that rocks the global precious metal cradle. New York City does have peers in the world trade market, like Tokyo or London, but none are considered to be quite the equal of the Big Apple. The New York gold price comes from NYMEX (New York Mercantile Exchange), which is a subsidiary of COMEX (Commodities Exchange). The New York gold prices are also commonly referred to as the spot price of gold. Gold spot prices are directly influenced by the global demand for the yellow metal, which in turn is determinate on economic conditions and/or events. Gold spot prices also share a historic, inverse correlation with dollar values. This means that during times when dollar values are struggling, particularly during inflationary periods, that gold price historically tends to rise.

This inverse correlation between gold prices and dollar values is being clearly demonstrated today, as gold reached $960 earlier, with projections for gold to reach the mid $960’s range within a few more days. U.S. dollar values also continue to struggle, and the Federal Reserve recently announced the onset of an inflationary period. These types of economic conditions are historically ideal for gold investment. The last severe inflationary cycle of the 1970’s, yielded a 1000% increase in gold prices, so interested investors are urged to carefully evaluate their financial needs and expectations, to help determine the ideal gold investment for him or her. Reputable, large volume precious metal dealers, like the Certified Gold Exchange, are recommended; as they can offer professional advise on New York gold price, as well as customized investment packages.

John Burke

Bullion Bars

Thursday, May 21st, 2009

Well gentle readers, it seems like the proverbial “other shoe” has finally dropped, or the so-called “cat” is out of the bag, as our nation’s Federal Reserve announced yesterday, that Americans are to expect an imminent inflationary period. Of course, this news is being not so cleverly spun, as this inflationary interim is merely supposed to be a dose of financial medicine for Americans to swallow and stomach, in the name of economic recovery. It’s morbidly funny, but this news reminds me of the old public service messages that they used to publish in China, telling her citizens that cigarette smoking was good for them. Go figure. In contrast, independently thinking investors are increasing their holdings in physical precious metals, like bullion bars, for added financial security, and general peace of mind.

Investors with a strong historical perspective are aware that there could possibly be a second run on our nation’s banks, and that physical ownership of physical metal traditionally provides immeasurable security. Bullion bars have historically been widely believed to be ideal for physical possession, as they are easily and discretely carried or stored. Current gold prices are far surpassing projections for this month so far, and experts are calling for gold to reach as high as the $960’s within the next few days. Interested investors, who have carefully evaluated their own, specific, individual financial needs and expectations are advised to contact a reputable, large volume precious metal dealer, like the Certified Gold Exchange, for expert consultation on bullion bars, and competitive prices.

John Burke

Certified Rare Coin Prices

Wednesday, May 20th, 2009

A great many novice investors may be a bit befuddled about certified rare coin prices, so I’ll help to clarify some of this confusion by saying that a great many experienced investors, prefer to pay the added premium that certified rare coins command. I’ll also humbly add, gentle reader that certified rare coin prices also provide immeasurable investment security, as these coins are guaranteed for their authenticity, mint state grading, and precious metal content. Each certified coin comes in a sonically sealed plastic “slab”, with its’ own serial number, and assay of authenticity. Certified coins are liquid in over 120 countries world wide, and are also deemed by the Executive Order of 1933, to be non-retrievable through U.S. government confiscation.

The year 1933 was a fateful year for U.S. gold bullion holders, as President Roosevelt issued the aforementioned executive order, to confiscate all gold bullion from U.S. citizens. The gold was needed to back up the dollar, and to quell the state of emergency in our nation’s banking system. Anyone found hoarding gold, was subject to a $10 thousand fine, and ten years in prison. Exempt from this confiscation was rare coin, and as such, certified rare coins are non-confiscatable by the U.S. government. Today, many investors and collectors fear a second possible gold confiscation, since dollar values are so weak, and inflation rises are looming. Investors, who have thoroughly evaluated their financial needs, are advised to contact a large volume, precious metal dealer, like the Certified Gold Exchange, for expert consultation on certified rare coin prices.

John Burke

Gold Bar Prices

Tuesday, May 19th, 2009

Gold projections for the month of May are proving to be accurate so far, as the spot price surpassed its’ $920 resistance mark today, and hovered around the $925 range this afternoon. This news is especially interesting to prospective investors, who are looking to convert their “paper” and “electronic” gold holdings into physical metal, like gold bars. Many investors initially converted their portfolios and retirement accounts into gold futures, which are essentially “paper” mining shares, or ETFs (Exchange Traded Funds), which are electronic bullion shares that are purchased online. Many seasoned investors view both types of these gold investments to be speculative, as no physical gold ever reaches the actual hands of the investor. As the benefits of physical possession become more widely known to these no longer novice investors, the importance of gold bar prices also gains pertinence.

Gold bar prices traditionally tend to hover slightly above the spot price of gold, so an investor can easily track the value of his or her investment. Household investors generally purchase one-ounce bars, which are easily and discretely carried or stored, and make ideal investments for physical possession. A great many seasoned investors agree, that physical possession provides immeasurable financial independence, especially in the event of a second possible run on our nation’s banks, or a breakdown in electronic international marketing, or even some unforeseen personal emergency. Reputable names for bullion bars like Johnson Matthey, PAMP Suisse, or Credit Suisse, are all recommended for purity, and worldwide liquidity. Investors are advised to contact a large volume, precious metal dealer, like the Certified Gold Exchange, for world-class consultation on gold bar prices.

John Burke

Precious Metal Prices

Monday, May 18th, 2009

Precious metal prices certainly seem to be living up to their historical tendency to act inversely to dollar values, as dollar values continue to struggle, while the spot price of gold is projected to break its’ all time high of $1033, by mid summer. Gold was hovering around the $920 mark this afternoon, where it has been projected to meet some resistance, then to go as high as $930 within a few weeks. Meanwhile, (inversely) dollar values continue to struggle, as investor confidence remains low. Economic projections include interest rate and inflation increases, while the world awaits the true effects of four years of gross overprinting of our nation’s fiat currency. This sounds like a lot of negative information, but to savvy precious metals investors, they are all strong economic indicators for rising precious metal prices.

As I’ve stated earlier, precious metals prices historically tend to act inversely to dollar values, which don’t seem to have much reason to increase any time soon. Many financial experts are concerned about the nation’s declining GDP, or Gross Domestic Product, as well as projected interest rate hikes, and a much-feared long-term inflationary cycle. Again, these all sound like negative economic factors, but they are similar to the factors surrounding the vicious inflationary cycle of the 1970’s, where early investments in gold made over 1000%. Investors, who have evaluated their financial needs, are advised to contact a reputable, large volume precious metal dealer, like the Certified Gold Exchange, for expert consultation on precious metals prices.

John Burke

Precious Metals

Friday, May 15th, 2009

The popularity of precious metals investments has boomed over the past few years. Investors in droves have been abandoning their traditional investments in stocks and bonds, and converting their remaining investment and retirement dollars into precious metals like gold and silver. Precious metals investments have traditionally been considered to be ideal investments to preserve wealth, as well as to possibly augment it in the future. Today, global economic conditions are extremely tumultuous, as dollar values continue to struggle, while many financial experts fear the onset of an imminent long-term inflationary cycle. Even the most idealistic projections for economic recovery are years away, which is why so many investors are taking a proactive approach to their own financial independence now, by investing in precious metals.

Precious metals investing offers a great many options, and it is absolutely essential for each investor to thoroughly evaluate his or her own, specific, individual, financial needs and expectations, before committing to any precious metals investment. It is the only accurate way to determine which specific type of investment best suits those needs. For example, a potential gold investor, whose primary financial needs are long-term stability, would do best to research a rare coin investment, as rare coins have numismatic value, which historically tends to appreciate over time. Conversely, a gold investor, who is interested in short-term profit, would generally choose bullion, as bullion has no numismatic value. Interested investors are advised to contact a large volume precious metal dealer, like the Certified Gold Exchange, for expert precious metals consultation, and competitive prices.

John Burke