April 2021 - Week 1 Edition
Gold and Silver Finish First Quarter Strong
Gold ended the first quarter by rallying strongly above $1,700. After spending most of Tuesday, March 30 at a three-week low in the $1,680s, gold rallied on a weakening dollar, due to the expected passage of another multi-trillion-dollar spending package by Congress.
March 2021 - Week 4 Edition
What Makes a Rare Coin Mega-Bull Market – and Is Another One Beginning?
This year marks the 50th anniversary of the uncoupling of gold and the U.S. dollar, which was finalized when President Richard Nixon closed the Gold Window on August 15, 1971.
March 2021 - Week 3 Edition
Coins Are Selling Well – Despite a Flat Metals Market
Despite this year’s flat metals market (so far), rare and bullion coins are selling very well. Despite coin shortages from the U.S. Mint and other mints, and despite their sometimes-lofty premiums to the dealer community, bullion coin sales are brisk. There are some reasons for that.
March 2021 - Week 3 Edition
Coins Are Selling Well – Despite a Flat Metals Market
Despite this year’s flat metals market (so far), rare and bullion coins are selling very well. Despite coin shortages from the U.S. Mint and other mints, and despite their sometimes-lofty premiums to the dealer community, bullion coin sales are brisk. There are some reasons for that.
March 2021 - Week 2 Edition
When Interest Rates Go Up, Gold Often Goes UP, Not Down
The pundits keep getting this wrong and saying (in press reports) that “gold goes down when interest rates go up” because “gold pays no interest and therefore it can’t compete with interest income,” but in nearly all the historical instances of rising interest rates, gold went UP, not down.
March 2021 - Week 1 Edition
American Eagle Gold & Silver Bullion Coin Sales Continue to Soar in 2021
American Eagle Gold coin sales are up a phenomenal 416% in the first two months of 2021 vs. the same two months in 2020, while American Eagle Silver coin sales are up a respectable 77% in the same two months. In addition, the American Buffalo Gold bullion coins were up by a robust 252% so far in 2021.
March 2021 - Week 1 Edition
American Eagle Gold & Silver Bullion Coin Sales Continue to Soar in 2021
American Eagle Gold coin sales are up a phenomenal 416% in the first two months of 2021 vs. the same two months in 2020, while American Eagle Silver coin sales are up a respectable 77% in the same two months. In addition, the American Buffalo Gold bullion coins were up by a robust 252% so far in 2021.
February 2021 - Week 4 Edition
Gold Increased
Gold Increased $30 (+1.7%) Monday morning, February 22, and Silver increased almost $1 (+3.5%), partly on a falling dollar, rising inflation and rising oil prices, but also due to the likely passage of an enormous stimulus $1.9 trillion stimulus package, which could push the 2021 budget deficit over $3 trillion again.
February 2021 - Week 3 Edition
Silver Keeps Rising
Silver keeps rising, in part because the industrial metals are mostly stronger – including copper, platinum and palladium – in anticipation of a global recovery after the COVID pandemic winds down. Copper is up from $2.10 to $3.80 in the last year. Silver has more than doubled since last March. Meanwhile, gold is treading water while the U.S. debt bomb and a potential resurgence of inflation are providing the kindling fuel to push gold much higher later this year. Take this opportunity to buy more silver and gold.
February 2021 - Week 3 Edition
Silver Keeps Rising
Silver keeps rising, in part because the industrial metals are mostly stronger – including copper, platinum and palladium – in anticipation of a global recovery after the COVID pandemic winds down. Copper is up from $2.10 to $3.80 in the last year. Silver has more than doubled since last March. Meanwhile, gold is treading water while the U.S. debt bomb and a potential resurgence of inflation are providing the kindling fuel to push gold much higher later this year. Take this opportunity to buy more silver and gold.
To Reach an Account Representative - Toll Free: 800.822.4653