Phoenix, Arizona’s Premier Gold and Silver Dealer
Headquartered in Phoenix, Arizona, CMI Gold & Silver Inc. is one of the oldest gold and silver dealers in the United States and has played a major role in introducing investors to buying gold and silver. Although domiciled in Phoenix, Arizona, CMIGS buys and sells gold and silver with investors across the United States and serves all the Phoenix metropolitan area: Scottsdale, Mesa, Chandler, Gilbert, Glendale, Peoria, and Sun City.
Why Phoenix, Arizona?
Because Arizona is the nation’s largest copper producing state and the nation’s fifth-largest silver producer, Phoenix is also the home of major mining companies. In 1973, when silver was only $2.00, CMIGS’ founder, a longtime Phoenix resident with ties to Arizona’s mining interests, recognized the growing uses for silver and the dwindling silver stockpiles would result in higher silver prices. Consequently, CMIGS was launched to sell silver bullion to investors. Silver hit $50 in 1980 and in 2011.
When Americans regained the right to own gold bullion on December 31, 1974, CMIGS became one of the first dealers in the country to recommend buying gold. The following year, gold averaged $160 and in 1980 hit $850. In 2011 gold topped $1900.
As a gold and silver dealer, CMIGS’ mission is to guide and direct investors into the precious metal that best fits their investment goals, while offering the lowest prices available. This includes advising investors as to which precious metal, in CMIGS’ analysis, holds the greatest upside potential. We also consider it our responsibility to warn investors to avoid telemarketer-promoted gold and silver coins that are grossly overpriced. (See Myths, Misunderstandings, and Outright Lies and Old U.S. Gold Coins.)
CMIGS also has as its mission the education of precious metals investors as to the benefits–and dangers–of the precious metals markets. We do this through this website and Bill’s Blog, on which Bill Haynes, CMIGS’ president, writes about economic, political and social developments that affect precious metals prices.
We will recommend only those precious metals investments that we believe will provide you the biggest profits, not the ones that provide us the biggest profits. We also recognize that many people buy precious metals not for “profits” but for “insurance.” In such cases, we recommend the precious metal that we believe will meet those goals.
Bill Haynes has headed CMIGS since its 1973 inception. He is a graduate of the University of Colorado with a Bachelor of Science degree in Finance. Before moving to Phoenix, Arizona, Bill was a stockbroker in Denver, Colorado; he received his training for that profession on Wall Street. Today, Bill has the pleasure of working with the offspring of his 50-year marriage.
Shannon (Haynes) Estes
3800 N. Central Ave.
Phoenix, Arizona 85012