GSR declines, as silver gains on gold
Precious metals investors often use the gold-silver price ratio to decide which metal to buy. Known as the GSR, it is derived by dividing the price of gold by the price of silver.
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Category: Silver
If there were ever a time to buy gold and silver, this is it
Goldman Sachs forecasts a federal deficit of $3.6 trillion for the current fiscal year. Last year’s deficit was a mere $984 billion, for a 3.6- fold increase. Fedgov’s fiscal year ends September 30.
Check our Specials Pages regularly
On our Specials Pages, we offer for sale—at really low prices–various forms of gold and silver. For example, on our Gold Specials Page you will often find small old European gold coins, old US gold coins, scratched or slightly dinged coins, and commemorative coins.
Junk Silver Coins at really low prices
Several reasons to buy pre-1965 US 90% silver coins. Note that this blog post is dated March 10, 2020. When posted, we were selling 90% at .39 over spot. Then came the coronavirus. One, we are selling them at .39 over spot (dimes and quarters). In hot markets, such as in 2011, they can pick
Gold-backed ETFs increase gold holdings
Not only have central banks added to their gold holdings, so have gold-backed ETFs.
- Category
- Gold
- Silver
- Silver
- Stock Market
Reasons for owning gold and silver
There are lots of reasons for owning gold and silver. The rising federal debt alone and a government that has abandoned fiscal responsibility could cause interest on the national debt to top $1 trillion in ten years.
Buying the right form of gold and silver
For the 45 years that I’ve been a gold/silver dealer, I’ve never recommended numismatic or collectible coins. And, I’ve been proven right.
- Category
- Gold
- Gold Coins
- Silver
- Silver
Silver is cheap, dirt cheap
In this clip, billionaire investor Paul Tudor Jones talks about gold being the investment for the next 12 to 24 months. In fact, he states that gold “has everything going for it.” A few days later, Bloomberg reported that Tudor pulled the trigger on an $82 million purchase of gold-related shares.
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- Economic Crisis
- Gold
- Silver
- Silver
Kilo silver bars now available
With the gold/silver price ratio at 88.5, silver holds more upside potential than gold. If the ratio were only 60, where it has been many times, the price of silver would be $21. One of the best ways to own silver bullion is bar form. 100-oz. silver bars are the most popular of all the
Gold and silver produce strong showings in fourth quarter
In September, when gold was trading in the $1200 range, Morgan Stanley, a major Wall Street investment house, predicted $1300 gold by year end. It’s now year-end, and gold did not hit $1300; however, it did climb to $1280, making the forecast a really good one. Two developments that Morgan Stanley thought could send gold