November 2023 - Week 4 Edition
Forbes Sees $2,500 Gold in 2024… and Gold is Following His Command!
Steve Forbes recently told me, gold would start the new year over $2,000 and “could well reach $2,500 in 2024 or soon thereafter,” especially if the economy doesn’t improve.
November 2023 - Week 3 Edition
Honor the 60th Anniversary of John F. Kennedy’s Untimely Death With The Popular Brilliant Uncirculated 90% Silver 1964 Kennedy Half Dollars
Honor the 60th Anniversary of John F. Kennedy’s Untimely Death With The Popular Brilliant Uncirculated 90% Silver 1964 Kennedy Half Dollars.
November 2023 - Week 2 Edition
Gold Is Rising Again
Gold declined last week but it rose $10 on Monday, November 13, from $1,935 to $1,945, in about three hours of mid-day trading, and then maintained those gains through closing. It was up again on Tuesday, closing at $1,964.
November 2023 - Week 1 Edition
Gold Delivers Its Best October In 45 Years
Gold delivered its best October in 45 years, rising 7.3% this past month, despite rapidly rising interest rates, which so many pundits tell us is “bad for gold,” since it “offers no interest income.”
October 2023 - Week 5 Edition
The U.S. Goes Deeper into Debt While the European “PIIGS” Went on a Diet!
Now we enter the last 12 months before a Presidential Election Day, when gold performs well – especially in gold’s greatest bull market surges – when Democrats fight for re-election with high deficits or debt ceiling debates, like President Jimmy Carter in 1979-80 and President Barak Obama in 2011-12! By the way, Steve Forbes told me recently that he predicts gold could hit $2,500 an ounce sometime in 2024.
October 2023 - Week 4 Edition
My Meetings with Governor Greg Abbott and Steve Forbes
Last week, I met with our popular Texas Republican Governor Greg Abbott and later this week, I will meet with former Republican Presidential candidate (1996 and 2000), Steve Forbes, who is also publisher of Forbes Magazine, a prolific author of books about gold, inflation, money and American capitalism. Be sure to check out next week’s Metals Market Report to find out what Mr. Forbes foresees.
October 2023 - Week 3 Edition
Post-Mortem on the 2023 Federal Deficit -- $1.7 Trillion, and Rising
On Tuesday, October 10, the non-partisan Congressional Budget Office (CBO) calculated the total red ink for federal fiscal year 2023 (ending September 30, 2023) was $1.7 trillion, 23% above 2022, the first Biden budget blowout year (with $1.38 trillion in red ink). Why the increase?
October 2023 - Week 2 Edition
Contact “Team Mike” for the Best Coin Buying Experience
Now that gold is America’s second favorite investment asset class, according to a recent Gallup Poll, second only to real estate, more gold retail outlets are popping up, even in “box stores” and malls, but do they have the knowledge of the gold market, much less any experience in rare coins? Very Unlikely.
October 2023 - Week 1 Edition
Quarter-Ending Gold Market Survey
We won’t know the official third-quarter gold supply and demand statistics until about November 1, but the first-half of 2023 statistics, released by the World Gold Council on August 1, show a decline in ETF holdings … Also, increased central bank gold buying in the first half of 2023 set a first-half record of 387 metric tons, although it was front-loaded in the first quarter, split evenly between developed and developing nations.
September 2023 - Week 4 Edition
Now Available – For the First Time in History! San Francisco Minted Proof Morgan and Peace Dollars
For the first time in history, the U.S. Mint is making mirrored Proof Morgan Dollar and Peace Dollar coins bearing the “S” Mint mark, representing the historic San Francisco Mint, the original repository of 1850s California “Gold Rush” nuggets, bars and S-minted gold coins.
To Reach an Account Representative - Toll Free: 800.822.4653