Finance

The Gold Digger – Gold vs. Equities

Imagine a casino full of slot machines that all guarantee a constant high return. All you need to do is to put in a bit of money and you will get an incredible income stream for life. Well, this is exactly what the stock market is...

GMRgold's Precious Metals Week in Review - April 24, 2022

Someone rang the alarm bells alerting institutional investors that Gold was about to take out the key psychological and resistance level of $2,000.00 per ounce resulting in punishing defeat for Gold Bugs last week.

The Gold Digger – Transitory Inflation

Anyone who has ventured from their Covid sanctuary to buy groceries, peruse a big box retailer, filled a fuel tank or update the closet, surely was not surprised by the announcement this morning that inflation has once again ticked up.

The Gold Digger – Recession Fears and Precious Metals

A recession is when your neighbor loses his house. A depression is when you lose your house. This old adage, while recited tongue in cheek, speaks to the awareness of economic situations occurring around us. There is a multitude of distractions currently to keep our attention away from the most important headline that is missing from the front page of the newspapers.

GMRgold's Precious Metals Week in Review - March 20, 2022

Gold traded in a tight range between $1,926.00 and $1,952.00 per ounce on the spot market last week. It would appear that the Ukrainian War is priced into the yellow metal.

GMRgold's Precious Metals Week in Review - March 13, 2022

Gold took the markets on a roller coaster ride last week with prices ranging from a high of $2,060.00 per ounce to a low of $1,950.00 causing independent investors to re-think their positions. Stand firm!

GMRgold's Precious Metals Week in Review - March 6, 2022

The war in Ukraine continues to dominate the headlines and drive markets across the board. Gold is now threatening to topple the all time high while knocking on the $2,000.00 per ounce door.

GMRgold's Precious Metals Week in Review - February 27, 2022

Gold Investors must have felt like Dallas Cowboy fans entering the playoffs last week as gold looked like it would head to the moon only to fall back to the comfort of its most recent foothold. After threatening the $2,000.00 per ounce spot price, Gold retreated to its safe zone near the $1,900.00 level that it has now set as the new level of support.

GMRgold's Precious Metals Week in Review - February 20, 2022

Week Ending February 20, 2022 | Gold added to the belief that this current strength in the spot market price is not just a “fluke run” but a firm “leg up”. Spending tireless months battling against the $1,800.00 level of resistance, gold took up residence in a new neighborhood well above that key psychological level.

GMRgold’s Precious Metals Week in Review - February 13, 2022

Week Ending February 13, 2022 | There is reason for optimism in the gold sector with spot prices bumping $1,900.00/ounce up nearly $100 since the beginning of 2022. If the trend continues, the psychological level of $2,000.00 could be breached within 6 – 8 weeks.

GMRgold’s Precious Metals Week in Review - February 6, 2022

Week Ending February 6, 2022 | Gold began the frigid month of February much like the Winter Storm that swept across the nation from Texas to Maine. FROZEN! Stuck in a tight range between $1,796.00/oz and $1,811.00/oz all week.

GMRgold’s Precious Metals Week in Review - January 30, 2022

Week Ending January 30, 2022 | Gold started the week well over $1,800 reaching a high during the week of $1,851.00 only to succumb to the bears and institutional investors who still are holding on to naked shorts by ending the week at $1,782.00.

GMRgold's Precious Metals Week in Review

Week Ending January 8, 2022 | There is still huge resistance at the $1,800.00 per ounce of gold level through the first full week of 2022. Expect a tight range of trading +/-$50 of this critical technical barrier until the large institutional investors have cleared their naked short positions and whomever wants the US Dollar to appear stronger than it actually is pulls the curtain back for the world to see.

GMRgold’s Precious Metals Week in Review

Week Ending January 1, 2022 | It is apparent that the Bears took a more extended vacation than the Bulls as is evident with the moves in Gold over the Holiday week. With the battle line firmly drawn at the psychological level of $1,800.00 per ounce for months, the yellow metal managed to close above this milestone each of the five trading days the last week of the year, only to find its way back to $1,799.52 on the first day of business in 2022.

Precious Metals IRA Investing for Beginners

A Precious Metals IRA is an IRA account that contains physical gold, silver, platinum or palladium. You must keep it in a vault at an approved secure storage facility. You contribute to it just as you would to an IRA containing stocks. How do you begin? First, you need to understand the principles of Precious Metals IRA investing. Then, find the best gold IRA company to help you along the way. The best gold or silver IRA company can help you manage this investment. They can help you buy and...

Knowing When to Sell Your Silver

Along with gold and other precious metals, silver is one of the best investment possibilities. While it is a hedge fund asset and a way to save for retirement or a future business, it is not as difficult to acquire as gold because it is less expensive. Furthermore, with silver, you can be sure that actual societal necessities can drive up demand. Silver is used in a variety of applications, including industry, electronics, medical, jewelry, and more So all you have to do is buy and collect, store, and then trade your silver for a profit when the prices are correct. However, how can you ensure that you gain the greatest value from your silver investments? Here are some helpful hints for selling silver.

Top Tips for Selling Silver

Silver is one of the best investment options alongside gold and other precious metals. While being a hedge fund asset and a way for you to save for retirement or a future business, it is not as hard as gold to buy because it is cheaper. Also, with silver, you can be sure that there will be practical societal needs that will increase its demand. Silver is used in industry, electronics, medicine, jewelry, and more. So all you need to do is buy and collect, save and store, and, when the prices are right, you can sell your silver for a profit. But how can you make sure that you can get the most out of your silver investments? Here are tips for selling silver.

Can I Open A New IRA With A Contribution?

Investing in precious metals like gold, silver, and other precious metals can be one of the most effective strategies to safeguard your finances and plan for a happy future. You can buy precious metals, hold them until their value rises, and then sell them for a profit. Even if it seems self-evident, the more you understand your investments, the better you'll be able to maximize your assets and profit. In this three-part video series, we'll go over everything you need to know about precious metals IRAs. This video is for those who are new to precious metals investing or who have been collecting for a while but want to learn more about their holdings.

What Types of IRAs are Eligible to Transfer or Roll Over?

Investing in precious metals such as gold, silver, and others can be one of the most effective ways to protect your finances and plan for a prosperous future. You can purchase precious metals, hold them in order to increase their value, and then sell them for a profit. Even though it sounds obvious, the more you know about your investments, the more you'll be able to maximize your assets and take advantage. We'll go over all you need to know about precious metals IRAs in this three-part video series. This video is for anyone who is new to precious metals investment or who has been collecting but wants to learn more about their holdings.

What is a Precious Metals Self-Directed IRA?

Investing in precious metals like gold, silver, and others can be one of the best things that you can do to secure your finances and prepare for a wealthy future. You can buy precious metals, store them as they can grow value, and sell them for their profitable benefits. And while that seems straightforward, still, the more you know, the better you can maximize your assets and take advantage. Whether you are new to investing in precious metals or someone who has been collecting but want to know more about your assets, this video is for you.

Can I Take Delivery of The Metals In My IRA?

This is the final video of a nine-part series on precious metals IRAs that addresses the most common questions. Precious metals have shown to be sound investments that may help you save for the future while also protecting you against inflation. While the premise is straightforward: buy now at current prices and sell later at higher prices, having more information about your assets might be advantageous. We're here to help you out. We'll go over some more technical aspects in this video to help you get the most out of your precious metals.

Where Are The Precious Metals IRAs Stored?

This is the eighth video of a nine-part series on precious metals IRAs that answers the most frequently asked questions. Precious metals have shown to be good investments that may both help you save for the future and protect you from inflation. While the concept is simple: buy now at current prices and sell later at higher ones, having additional information about your assets is beneficial. We're here to assist you. In this video, we'll go over more technical details to help you get the most out of your precious metals.

Can I Add To My Precious Metals IRA?

This is the seventh video in a nine-part series that addresses the most common questions about precious metals IRAs. Precious metals have shown to be excellent investments that may help you save for the future while also protecting you against inflation. While the idea is straightforward: acquire now at current prices and sell later at higher prices, the more information you have about your assets, the better. We're here to help you out. We'll go over more technical information in this video to help you get the most out of your precious metals.

How Do I Liquidate My Precious Metals IRA?

This is the sixth video in a series of nine that answers the most frequently asked questions about precious metals IRAs. Precious metals have shown to be good investments that can assist you in saving for the future while also shielding you against inflation. While the strategy is simple: buy now at current prices and sell later at higher prices, the more you know about your assets, the more you'll be able to maximize your benefits. We're here to assist you. In this video, we'll go over more in-depth technical knowledge that will help you get the most out of your precious metals.

How Do RMDs Work For A Gold IRA?

This is the fifth of a series of nine FAQs videos in which we answer the most common questions about precious metals IRAs. Precious metals have shown to be sound investments that may help you save for the future while also protecting you against inflation. While the strategy is simple: buy now at current prices and sell later at higher prices, the more you know about your assets, the more you'll be able to maximize your benefits. We're here to help you out. In this video, we'll go over more in-depth technical knowledge that will help you get the most out of your precious metals.

Can I Own Rhodium As Part Of My IRA?

This is the fourth of nine videos in which we answer the most frequently asked questions about precious metals IRAs. Precious metals have shown to be good investments that may both help you save for the future and protect you from inflation. While the method may be straightforward: buy now at current prices and sell later at higher prices, the more you understand about your investments, the more you will be able to optimize your gains. We're here to assist you. In this video, we will tackle more in-depth technical information that can help you ensure that you can benefit from your precious metals.

Can I Use My ROTH IRA To Buy Gold?

This is the third video in a nine-part series in which we answer the most common questions about precious metals IRAs. Precious metals have shown to be excellent investments that may help you save for the future while also protecting you against inflation. While the method may be straightforward: buy now at current prices and sell later at higher prices, the more you understand about your investments, the more you will be able to optimize your gains. We're here to assist you. In this part of the series, we are discussing ROTH IRA, gold IRA, silver IRa, platinum IRA, and more.

What Fees Are There for Precious Metals IRAs?

This is the 2nd video of a 9-part series in which we answer the most frequently asked questions about precious metals IRAs or individual retirement accounts. Precious metals have proven to be wonderful investments that may protect you from inflation while also allowing you to save for a secure future. While how you do it can be simple, buy now for its present value and sell it when prices are higher, the more you know about your investments, the better you can maximize your profits from them. And we’re here to help you. In this video, we will tackle some in-depth technicalities about your precious metals IRA.

What is a Precious Metals IRA?

This is video number 1 of a 9-part series where we answer the world’s most asked questions about precious metals IRA or individual retirement account. Precious metals have since proven to be excellent investments that can hedge you from inflation and enable you to save up for a financially comfortable future. While how you do it can be simple, buy now for its present value and sell it when prices are higher, the more you know about your investments, the better you can maximize your profits from them. And we’re here to help you. In this video, we will discuss what precious metals IRA are, what kinds you can have, and more.

How and When to Sell Silver Coins

If you own silver coins, you have assets that can give you a good deal of wealth. Silver, like gold, is known to be an excellent hedge fund. And you can buy it, save it as it can grow in value, and sell it for another day. And that’s where market knowledge comes to play. What are the indicators that it is good to buy silver? How do you know that it is a good decision to acquire them? And when is it time to sell your assets? How long should you hold to them until you decide to trade your silver coin collection for cash? See how you can get the most value out of them by following this video for tips on when and how to sell silver.

Invest in Gold for Your IRA

Making sure that you have a healthy individual retirement account (IRA) is a crucial personal responsibility. When you ensure that your IRA is at a good financial standpoint, you can be at peace knowing a good future after years of hard work when you retire. One of the best IRAs that you can have is in the form of gold investments. When you store gold, your money value can be hedged against inflation and it can grow faster than when you save in a bank. In this video, learn about how gold is perfect for your IRA and what benefits it has in store for you and your future.

Four Things to Know About Buying and Selling Silver Bars

Are you looking to diversify your portfolio or find a suitable investment to secure your future? Try silver. Silver is another excellent precious metal to buy as an investment. You can leverage a silver collection in many markets including technology, hardware, industrial production, medicine, jewelry, and more. All modern gadgets have silver in it and there will always be someone looking to buy silver as a commodity from you if you have it. If you are looking to diversify your portfolio, silver should be part of the list you are considering. You can buy it, store it, and sell it for profit. But why should you invest in silver? Learn the answer and more about this highly useful precious metal in our video.

Exchange Trade of Silver

Silver Exchange Trade funds were launched in the 2000s along with gold exchange traded funds. The idea behind this was to trade certificates backed by silver rather than trading real silver. These certificates were administered by brokers who ensured authenticity and smooth processing of trading. Gold ETFs were very well received when they were first launched. Most people expected silver ETFs to receive a similar response, which is why they were also launched in a big manner. The idea for...

40 Years To Abandoning The Gold Standard In The US

The 15th of August, 2021, will mark as the 50th anniversary of the abandonment of the gold standard in the US. Although gold still looked the same, a drastic change occurred in its value over the years. The country abandoned the gold standard quite successfully in 1933, and went on to fully break the link between the dollar and gold in the year 1971 Nearly fifty years ago, when it was abandoned, it valued at a mere figure of 35 US dollars per ounce. Forty years later, its value increased over...

Gold Or Treasury Bonds?

Treasury bonds have always been a popular source to preserve capital. They're not only bought by the general public but by institutions as well. For years, the US treasury bonds were considered to be the safest investment option, but now, the times are changing. A recent study shows that the trend of investing in treasury bonds has been on a decline. On the other hand, there has been a 25 percent increase in investing in gold. This is because, over time, the worth of a dollar is decreasing. As...

The Trade Of Gold Coins

Buying and selling of gold coins is a hobby that has gained a great deal of popularity in recent times. It seems easy and fun, but there is a lot of hard work and research that goes into it. So, if you are a beginner at it, there are a couple of rules that you should stick by. The first thing you need to do is to factor in your budget. This will give you a clear idea of the quantity of gold you will be able to purchase at a certain time. When this is done, it is time to move over to the type of...

The Trade Of Gold

This might come as a surprise to some but we have been using gold for centuries. It has been worn in different forms throughout history. Egyptian history is full of gold jewels. In fact, it was considered an important part of the barter system. However, it was never as vital as it now is. If you look at historic figures, you will find that gold has been moving in an upward direction for a while now. It recently hit records highs, whereas the US Dollar has been consistently losing its value...

The Trade Of Silver Bars

Silver coins can be a great investment option for people who are low on budget. Silver has grown by leaps and bounds in the last few decades and is expected to continue in the right direction. If you are serious about investing in silver bars, start by calculating your budget to analyze what sort of bar you can afford. It is best to invest in a 99.9 percent pure silver bar, which is available in a variety of sizes, varying from one troy ounce to one kilo or even more. These silver bars are...

The Trade Of Silver Coins

If you are interested in investing for the long term, but cannot afford gold then consider silver. This precious metal is quite affordable and in demand as well. Just like gold, it can be worn as jewelry and be bought for investment purposes. It can be a great option to invest your money, especially if you are low on cash and cannot afford its expensive sibling, gold. There is a lot in common between gold and silver. Both are highly liquid and can guard your money against inflation. Plus, both...

Purchasing Gold and Gold Trends

With gold prices being so unpredictable most of the time, it is only fair for people to be confused regarding the best time to sell off their gold. A good way to keep track of the good and bad times to sell gold is to pay attention to gold trends. What are Gold Trends? Most professionals keep track of gold trends. But what is a gold trend? The fluctuation in the value of gold typically follows a pattern that is called a trend. Gold trends tend to rise and fall in relation to the value of the...

The Value of Gold and the Best Time to Sell it

Whether you own gold in the form of coins, bullion or other forms, you will want to know the best time to sell off your precious commodity. The answer to this question can be a little tricky as it depends on a number of factors. Past History of the Value of Gold The value of gold has fluctuated like any other commodity. It fluctuates a lot as the price depends on a number of factors that can be hard to control. To give a detailed review of the value of gold, let's first take a look at its value...

Purchasing Gold and Making the Right Decision

Investing in an expensive commodity such as gold can be nerve-wracking because you want to make sure everything goes smoothly. Here is a list of the basic steps that can reduce the risk of scams: Seller Information The very first thing you should do is jot down a list of sellers and compare them so that you are left with only reliable sellers. Next to every seller, mention basic details such as their name, address and most importantly, their website handle or location if they run their own...

Wholesale Trade Of Gold

Buying gold in wholesale refers to purchasing gold, in various forms, in bulk, and selling it again once the prices rise. However, realistically, everyone is not capable of buying gold in huge quantities due to the high price of gold. However, several other factors also contribute to it, such as transport and storage issues. Most wholesale buyers of gold are companies, not individuals, so they store it in bank vaults and other secure places. When buying gold in wholesale, all factors narrow...

The 2011 Gold Competition

In 2009 the US dollar fell sharply before going up but it couldn?t sustain the price and fell one more time in 2011. As a result, banks, who were once eager to sell gold, started buying it abruptly in an attempt to lower their reliance on the US Dollar as their reserve currency. They intended to convert all their cash to gold. This was a time when gold was expected to rise to 2000 US Dollars due to more countries showing interest in the shiny metal. This was predicted by Robert McEwen, the...

The Actual Value Of Gold

Search for gold prices and you will come across several pages and websites covering the ever-changing value of gold. Even news channels provide information on gold prices so that buyers and sellers are aware of the changing scenario. But, what if we tell you that what you see online or on television is not the actual price of gold, but only a mere estimate which is a result of a prediction based upon consumers' behavior in the future, and that the actual cost of gold is even higher than what...

The Power Of Gold

The gold standard is one of the most discussed topics. Powered by banks, gold fund managers, and the general public, it developed due to the continuous increase in the price of gold, which allowed everyone to buy more gold to preserve the value of their wealth over a considerably large period. Central banks, who were gold sellers, shifted towards buying it. Countries with stable economies restrained themselves from selling it, and countries with a surplus converted all that surplus to gold....

The Race For Gold

Countries all over the world are in a phase of an unspoken race: a race to buy as much gold as they can in order to defend and back up their currency. It seems that the USA is leading this race, but if we have a micro look at the numbers, we?ll realize that Switzerland tops the list. From a per person point of view, the USA stands at the ninth position, surprisingly below countries like Lebanon and Portugal. This is because the majority of the gold reserves of the USA are held by the government...

Better Investment Option - Gold Or Money?

The continuously increasing prices of gold have caught the financial world off guard and thrown it into a complete shock. Financial experts, who at one time suggested investors stay away from gold, are now advising people to buy as much gold as they can, using paper money. This has aggravated to a point where Robin Griffiths, a strategist at Cazenove Capital, termed not buying gold as 'an insanity' as every currency in the world depreciates over time. But, the price of gold seems oblivion to...

Gold Sovereigns for Investment Purposes

Gold coin collecting has become a popular hobby in recent times; however, history shows that gold coins of various types have existed in the world before they were even popular. One such gold coin is the "Gold Sovereign Coin", dating back to the 15th century under the rule of King Henry VII, in London. Due to how rare and ancient these coins are, their values stand in the thousands. What are Gold Sovereign Coins? Gold sovereign coins, popularly known as "the sovereign", is a gold coin...

Why Buy Gold and Silver?

Buying gold is often considered the holy grail of precious metals investment strategy. However, a diversified buying strategy can increase your liquid assets as silver is easier to buy and sell. It all depends on how long you intend to invest and if you require liquidity before your expected maturity of the investment. Gold costs about 100x the price of silver. Hence buying and selling silver is an easier option if you want quick liquidity of assets. Long-term investors prefer gold, while...

Buyers for Silver Coins

You will need a silver coin buyer if you want to sell your silver coins. There are multiple options for selling your silver coins. You can sell these coins to local coin dealers, pawnshops, and online dealers coin shows. In addition to this, you can even try auctions. In order to sell your coins to a silver coin buyer, firstly you will need to know the true worth of your coins. There are two ways to find that out: Check the prices of other coins that are exactly the same as yours. This will...

Price of Silver Coins

Silver coin prices can be easily obtained by browsing the web. All you have to do is search for ?silver prices today? and Google will show you the latest prices by searching through available sites. If you want to check specific prices at a specific dealer, you can search for their site and visit it for the latest prices. We suggest that you keep yourself updated about the prices if you are serious about trading silver or silver coins since the prices of the silver metal keep on changing every...

How to Buy Gold Coins Online?

Thanks to technology, it is now possible to buy gold online. However, it is important that you’re careful during the process so that you get your hands on exactly what you pay for. Look for dealers with a good reputation. They tend to have websites that elaborately explain what they do. Make it a point to go through the website so that you’re fully aware of who you are dealing with. We suggest that you choose a dealer who you can sell to when you decide to cash your investment. This will make...

Should I Buy Gold Stock?

Gold stocks have seen a 27 percent rise since 2001. While some investors have enjoyed high profits some wonder if it’s still a good investment. In simple terms, the demand for gold outstrips its supply. On average, 2500 metric tonnes of gold is dug every year yet there’s no sign of the demand decreasing as it stands at 5000 tonnes per year. The sixty percent difference between demand and supply ensures the price of gold remains high. In some countries, this percentage can even rise to a hundred...

How to Buy Gold in the USA?

Gold is a renowned commodity across the world and with its large number of dealers and auction agents, the USA is one of the best places to buy gold. Several types of gold are available in the USA including: Rare gold including antique pieces. Buying these requires a keen eye and plenty of experience. They’re usually sold in auctions. Gold bars and bullions. They come in various shapes and sizes. Bullions and bars can be as heavy as 20 ounces or as light as 1 gram. The USA also offers a diverse...

Benefits of Purchasing Gold and the Right Time to Sell it

Wondering when is the right time to purchase and sell gold? People will tell you a lot of things based on their experiences but not all might be right for you. Plus, access to a lot of information — especially if it differs — can leave people confused. On the-privateer.com website, it has been stated that, "During any discussion about the future or the prices of gold, it is important to keep in mind that gold in actuality is a political metal. This means that its price is...

Why Should I Buy Gold Coins?

There are many benefits that come with purchasing gold coins, especially in this time and economy. Experts seem to agree as well: In today's volatile financial climate, the value of gold, as compared to other international currencies is bound to soar, said the gold investment advisor for Lear Financial, Kevin DeMeritt. If if you haven't already invested in the shiny metal, here are some reasons why you should consider doing so: Benefits of Purchasing Gold The current situation of the financial...

Five Reasons Why Buying Gold Can Be Beneficial

Whenever the topic of purchasing gold is brought up, the most common question people bring up is, ‘Why should I consider buying gold? Why not lean towards purchasing shares? Or even stocks? There are numerous other options as well. For example: pork bellies or even seeds. Surely, the agricultural commodities are beneficial. All those are valid commodities to invest in, however; here are a few statistics to pay attention to before you move forward with your decision. The US Dollar has lost its...

How 100 Ounce Silver Bars are an Investment for Your Future

Silver bars are quickly becoming popular among investors. They have earned their name as the most efficient option of attaining silver. A large number of people opt for 100 ounce silver bars. In case you are planning on investing in 100 ounce silver bars, here is a list of things that you need to look out for when purchasing 100 ounce silver bars for your collection. Purchasing from an Established Dealer Make sure to only buy from a reliable dealer. Check licenses and reviews to be on the safe...

Gold Prices Surging - But Why?

India is one of the largest consumers of gold. Wedding season in the country can have a huge impact on gold prices as demand increases since gold jewelry is heavily bought during this season. People invest in gold, they save it, and also give it in the dowry. However, India alone can?t dictate gold prices. China is very close as it has recently surpassed India as the largest consumer of the shiny metal. These two countries together can cause gold prices to surge. Moreover, other Asian...

When is the Right Time to Sell Gold

It's important to know when to sell gold as your "profit" largely depends on timing. First of all, there's no "right time? as it depends on a variety of factors including when and why you bought it. Not everyone who purchases gold has the intention to sell it. Some buy gold jewelry only because it looks good. However, a large number of people buy gold with the sole intention of investing and selling it when it increases in value. Gold prices are highly volatile. They change several times in a...

Selling Gold Coins on the Internet

Yes, it's possible to sell gold coins online. There are many websites that offer sellers a chance to sell gold coins. You can choose to fix a price or auction products through different platforms. While there's always the option to sell gold physically, online options offer more ease. Here are a few things to keep in mind when selling gold online: Choose the Right Platform This depends on several factors including where you've bought coins. If you've purchased all your coins from a single...

Gold Comes on Strong in the Face of a Weaker Dollar, Lower Bond Yields, and Rising Global Tensions

More investors have been turning to gold as a safe haven recently, boosting its price to over $1,400 per ounce. The reason? It stems from a convergence of three factors: a weaker dollar, lower bond yields, and rising tensions between the U.S. and Iran. For those who have invested in gold, the current climate represents increased profits in their precious metals portfolio. On June 25, gold rose 1.3 percent in one day, bringing it to its highest point since April 2013. Since then, there has been...

Market Report for Precious Metals August 2018

Have Summer Gold Losses Set the Stage for Renewed Vigor in the Precious Metals Market? Gold has seen a rocky road in the August market. At the beginning of the month, the spot price was at $1,207.20, but at midmonth, it was down to $1,173.70. Although the yellow metal regained as far as $1,202.10 by August 31, there may be hope of an even brighter future for gold. Some precious metals experts are now predicting that gold could push higher in upcoming months, possibly into the $1,400s....

Market Report for Precious Metals July 2018

Drops in Precious Metals Moderated by Weak Dollar and Falling Tech Stocks During July 2018, precious metals saw significant losses. Gold, for example, took a long, slow drop through the month of July, starting at $1,250 per ounce and reaching $1,220 early on the 31st. Those numbers aren’t ideal, of course. Still, the weakening dollar played a part in moderating the drop. While gold remains bearish, investors are watchful for signs of increasing geopolitical unrest that could decrease the value...

How Much of Your Investment Portfolio Should Be in Precious Metals?

Precious metals can make a powerful addition to a diversified investment portfolio. Yet, most investors have no idea how much they should invest in them. Everyone has an opinion, and it can be hard to know who to trust. The truth of the matter is that choosing how much to invest in any one type of investment is a highly personal decision. There’s no one right answer that works for everyone. The good news is that you can find the answer that makes sense for you. Why Diversify with Precious...

Top 12 Must-Have Benefits of a Precious Metals IRA

You can prepare for retirement in many different ways, some more successful than others. You can deposit your money in a savings account, invest in stocks, or dig a hole in your back yard and bury your money if that’s what you really want to do. However, investing in precious metals has many benefits you don’t get from any of these other methods. Here are 12 reasons to consider starting your precious metals IRA today! 1. 2-Way Diversification Diversifying your investments is critical if you...

Precious Metals Investing: What’s the Right Age to Begin?

No matter what investment you’re pondering, it’s wise to consider your age. At different times in your life, you have different needs, responsibilities, financial means, and goals, all of which may play a part in your investment strategy. Many people decide to get into the precious metals market after years of disappointing results from other types of investments. Yet, does the fact that middle-aged and older adults tend to favor precious metals mean that there’s a certain age when it makes...

Market Report for Precious Metals June 2018

June Sell-Offs Set the Stage for Investment Opportunities Gold has been on a downward path through most of June 2018. In fact, early in June, the price was at a more respectable $1299 before it began its descent on the 8th, finally reaching a low of $1246 on June 28. Some investors sold their gold in mass quantities, while others held on, waiting for the precious metals market to rebound. https://charts.kitco.com/KitcoCharts/index.jsp?Symbol=GOLD&Currency=USD&multiCurrency=true&langId=EN&period=...

GMRgold’s Bullion Box: What It Is and Why It Makes Perfect Sense

GMRgold has an exciting program you’ll want to try if you’re interested in investing in precious metals regularly. The new GMRgold Bullion Box program is easy to understand and easy to start. So, what is it? It’s only one of the most fascinating, no-hassle ways to build your precious metals investments. What is a GMRgold Bullion Box? The Bullion Box is GMRgold’s monthly subscription program for anyone interested in adding to their precious metals regularly. All you have to do is sign up, and...

10 oz Generic Silver Bar - More Silver for the Dollar

GMRgold is pleased to offer 10 oz. Generic Silver Bars for Silver bullion investors interested in getting the most silver for their dollar. These bars were minted at private mints around the time of the 1979-1980 silver rush. As the buying frenzy ended, production slowed down. Although many of the silver mints closed after the rush was over, these generic Silver bars still exist and now belong to private investors. Because these Silver bars are generic, their cost over the spot price of Silver...

1 oz. Palladium Bar, PAMP Suisse .9995 - Stability and Quality

The 1 oz. PAMP Suisse .9995 pure palladium bar offers the stability of a precious metals investment along with the high quality of the PAMP Suisse brand and the beauty of the Lady Fortuna design. On all three counts, this particular palladium bar is among the best in the world. Precious metals have proven over time that they retain their value even in the worst economic disasters. No matter what else happens in the world, it is highly likely that a palladium bar like the PAMP Suisse Lady...

Why Invest in Canada 1 oz. Silver Maple Leaf Coins?

The Canada 1 oz. Silver Maple Leaf coin in Brilliant Uncirculated quality is a great choice for any investor. The coin was first introduced by the Royal Canadian Mint in 1988 and has been a popular coin ever since. Collectors love its unique features and the famous Maple Leaf motif. Investors appreciate the coin, but for entirely different reasons. The Canada 1 oz. Silver Maple Leaf BU, available as a GMRgold random year order, is a .9999 Fine Silver coin. Coming from the highly respected Royal...

France Gold 20 Franc French Rooster as an Investment Option

Fractional Gold bullion coins, such as the France Gold 20 Franc French Rooster, can be easily added to a Precious Metals collection both for numismatic and investment purposes. In Almost Uncirculated (AU) condition, this French Rooster is well-preserved enough to be collectible. As a numismatic coin, the French Rooster?s reverse features a bold design of the French Rooster, a symbol of the country during the French Revolution. On the obverse of the coin is J.C. Chaplain?s bust of Marianne, a...

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