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Posts Tagged ‘Precious Metal Research’

Precious Metal Market

Friday, February 26th, 2010

February’s precious metal market has both risen above, and dipped below $1100 per troy-ounce levels, continuing a tradition of volatile February gold prices that has become customary in recent years. After shooting radically to $1226 in mid-December of last year, many reasoned that gold was overbought and began to downplay the value of futures contracts. Still others thought gold spot prices would be around $1050 by the end of February, and some market analysts speculated that silver would fall below $15 per ounce by March 1. Gold, silver, and platinum all struggled during January and into the beginning of February, as profit-taking pulled gold to $1062, silver to $15.50 and platinum to sub-$1500 levels.

Gold has been quietly been climbing the charts over the past two weeks, ultimately reaching $1122 late last week. The market experienced a pullback this week after the Federal Reserve revealed plans to hold interest rates at zero, although most economists believe that Fed Chairman Ben Bernanke will have no choice but to boost interest rates soon, due to the growing threat of inflation.

February’s precious metal market has shown some negative movement in response to the news that the International Monetary Fund (IMF) is looking to gradually unload another 200 tons of gold onto the open market. The last time the IMF did this the gold was already earmarked for India’s central bank, without private investors getting a chance to bid. The way the IMF gold sale plays out should also have a bearing on the precious metal market as a whole, and whether the sale occurs in February, March, or December, you could expect to see volatile silver and platinum prices that same day, as was the case during India’s large buy last year.

Precious metals are traditional hedges against devaluing currency, and our US dollar definitely fits that description. If you want protection from the collapse of the dollar then give our advisors a call to inquire about setting up a hedge for physical delivery, as well as for qualified retirement accounts.

Jonathan Monroe

Precious Metal Market

Wednesday, November 25th, 2009

21st Century technology has jaded multitudes of investors into thinking that the precious metal market is a high-risk, unorthodox, extremist venture, when in fact it is a historically proven, beneficial safe haven market throughout even the worst of economic conditions. It is also true that during stretches of economic prosperity, the precious metal market is rather dormant, and also why gold prices historically tend to rise when our economy is failing. Many of today’s investors are paying a high price of entering the precious metal market, as the gold spot price has repeatedly outdone itself with new all-time record highs. Our economy is presently in such bad condition however, that most people believe that the spot price has far greater heights to reach before economic order is eventually restored.

Long-term wealth preservation is the primary concern for the vast majority of today’s household investors, and Double Eagle coins are among the most coveted long-term precious metal investments. Double Eagle coins are rare, 22-karat, $20 Lady Liberty, and $20 Saint Gaudens gold coins, which contain nearly a full troy-ounce of pure gold (.9675 ounces). Their rare coin status distinguishes them as irretrievable through government confiscation, and their numismatic value has appreciated dramatically throughout past economic recessions. Many of today’s investors are diversifying their Double Eagle holdings with bullion coins like 22-karat American Eagles, so less expensive bullion coins can be liquidated for short-term spot price gains while more valuable Double Eagle coins appreciate. Investors can receive institutional discounts on their American Eagle bullion, and Double Eagle rare coin by contacting one of our friendly specialists, who offer these discounts to household investors like you.

John Burke

Precious Metal News

Monday, November 2nd, 2009

Most experienced investors agree that any worthwhile precious metal news is available before anyone reads about it from the AP newswire. Successful precious metals investors make precious metal news while reactionary citizens read about it, usually buried under dozens of headlines about unemployment rates, rising mortgage foreclosures, and declining dollar values. All of these panic-ridden headlines are meant to distract investors into a state of inactive confusion, while independent minded Americans objectively monitor current and historic economic trends. Very little research will uncover that today’s economic climate is historically primed for a long-term cycle of economic constriction and gradual, arduous recovery. During these periods of eco-political correction, gold prices historically tend to rise while dollar values continue to fall.

You don’t have to be a tree surgeon to understand that overprinted dollar bills means less valuable currency. Since gold is what backs the perceived value of printed, or “fiat” currency, it’s only logical that gold prices generally rise during long-term inflationary cycles. Now you won’t read this precious metal news in any of your most widely-circulated publications, but since rare coin’s numismatic value generally appreciates dramatically during these turbulent economic times, Double Eagle coins like $20 Lady Liberty, and $20 Saint Gaudens, 22-karat gold coins are widely purchased by serious investors for proven, long-term financial protection. It is also advisable to protect your rare coin’s numismatic value with an official mint state grade from either the PCGS (Professional Coin Grading Service), or the NGC (Numismatic Guaranty Corporation). Investors are encouraged to complete their research, and then to contact one of our friendly specialists, who offer institutional discounts on bullion, and rare coin.

John Burke