Section » Bullion Sales
The exploding demand for physical gold and silver has become a worldwide phenomenon. Shortly after the price plunge of early April buyers rushed in to take advantage of bargain prices. Dealers and mints worldwide have reported off the charts demand for physical gold and silver. Intense demand across Asia has resulted in shortages of gold and silver
By: GE Christenson The NASDAQ 100 index peaked at 1,485 in July 1998. It subsequently crashed to below 1,070 in October 1998, a loss of about 28%. But, it climbed back to nearly 5,000 in March 2000, a rally off the low of over 350% in 17 months. The S&P 500 index peaked in October 2007 around 1,575.
Don't precious metal investors read newspapers? Despite proclamations from the mainstream press that the bull market in gold and silver is over, a buying frenzy in precious metals is occurring worldwide. The gold rush mentality to buy gold and silver at bargain prices has resulted in stock out conditions
We already knew from numerous previous reports that demand for physical gold and silver has soared since the early April precious metals crash.
Physical Demand For Gold and Silver Skyrockets – Gold Bullion Coin Sales Highest Since December 2009
We have probably all heard enough already from the mainstream nitwits who are forecasting the end of the gold bull market and further price declines. Funny thing though, most precious metal investors don't need advice from self proclaimed experts on how to invest their money. The explicitly stated
By: GE Christenson Begin the analysis in 1971 when Nixon dropped the link between the dollar and gold. A pack of Marlboros cost (depending on local taxes) about $0.39. We paid about $0.36 for a gallon of gasoline. The DOW Index was about 850. Silver was priced at about $1.39. Times have changed! Read
Sales of the American Eagle silver bullion coins soared in March, continuing a trend of record breaking sales that has been in force for the past five years. Prior to the financial crisis, sales of the one ounce American silver eagles averaged about 10 million coins per year. The near collapse of the
By: GE Christenson You want to buy silver and gold. There is much to consider! Physical metal or paper promises? From which supplier will you buy it? Price is not the only consideration. Where do you store it? Your sock drawer, a safe, insured and secure vault, or in another country? How do you sell
Sales of both the American Eagle gold and silver bullion coins soared in February compared to the previous year. According to the U.S. Mint, sales of the American Eagle gold bullion coin totaled 80,500 ounces in February, up 283% from comparable sales of 21,000 ounces during February 2012. During January,