Precious Metals

WHAT KIND OF SILVER SHOULD I BUY?

silver bars price what to buy

I recommend common government-minted one-ounce bullion coins. First, the Silver American Eagles and Canadian Maple Leaf coins. These coins are common, highly recognizable, composed of .999 fine or better silver, and are not prone to high premiums like rare uncirculated early US silver coins. These coins do generally carry a $1-3 premium per ounce, but …

WHAT KIND OF SILVER SHOULD I BUY? Read More »

Gold Price at Stalemate

gold coins price

The spot gold price ended the month of November almost where it had begun. This outcome perhaps discouraged many potential bullion-related coin sales in its wake. No excitement often leads to no buyers. Mint sales of gold and silver composition coins was one of the lowest totals in more than a decade, according to a …

Gold Price at Stalemate Read More »

Platinum Deficit through 2021

platinum price and report

The World Platinum Investment Council reports the global platinum supply relative to demand was in a deficit during the first three months of 2018. Despite that, compared to the final three months of 2017, investment demand was down 26 percent. The U.S. Mint has yet to announce when it plans to offer the 2018 American Eagle 1-ounce platinum bullion coin …

Platinum Deficit through 2021 Read More »

Platinum May Surplus by end of 2018

platium-woes

A newly released third quarter report issued by the World Platinum Investment Council suggests a worldwide platinum surplus for 2018. The projection is in sharp contrast to an earlier released report predicting a deficit in the precious metal through 2021. The most recent report projects the surplus to reach 505,000 ounces, up from 295,000 ounces, primarily the …

Platinum May Surplus by end of 2018 Read More »