Precious Metals Surge

LatestPrecious Metals Surge

Gold and silver prices have climbed to the highest point in 3 1/2 months. Worries about the U.S. economy continued to bring down the dollar and prices for precious metals have gone up. You may want to take this as an indication that the U.S. recovery is on shaky ground.

The surge in prices by gold and silver highlight how things can change when there is unexpected news of a weak U.S. economic report . The good thing is that this latest news sparked a new enthusiasm for precious metals among investors.

Gold has risen 10 percent this year, after a 28 percent drop in 2013. Silver climbed to its highest since November the metal has gained 12 percent this year so far.

 Physical Demand for Precious Metals

We have seen a precious metals surge in the last week and most investors are trying to decide what to do next. Gold and silver investment can be tricky if you are trying to time the market. It’s not to bad if you are buying metals for the long term.

Silver climbed to its highest since November at $21.96 an ounce. I don’t think that this is going to turn into a Bull Market for silver at this time, but you never know. I expect to see some investors start selling at this price in hopes of picking up cheaper metal in the near future.

Gold premiums are going up around the world. Higher premiums goes hand in hand with price increases when it comes to any precious metals. Think about the price plus premium and shop for the best deals from known and trusted dealers.

Metals Market  Outlook

I don’t think that the “powers that be” are willing to let silver run on a free reign for long. At least not at this time. Most people have an idea that the metals market is manipulated by short selling and other tactics that are designed to keep the price of precious metals down. I am sure there is good reason for this, but I also think that you should take advantage of this and pick up cheap silver and gold for yourself when the price is being beat down. If you have any extra income to put into a precious metal stash the time to do it is when the prices are low.

I don’t think anyone knows what the bottom is when it comes to precious metal prices. My idea would be to get my hands on gold and silver when it is trading in a low range. If it goes down from there you want to buy more of the metals. The idea is to accumulate as much as you can for the money you have to invest. There are several reasons that gold and silver prices are going to go up and you want to already have a stash when it does.

The latest precious metals surge is making for excitement but I don’t think it is the start of the big bang..

Look at Gold and Silver Investments

 

 

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Gold and Silver Investment

Gold and Silver Investment in 2013

Here is some interesting information about gold and silver investment in 2013. Both gold and silver lost about 30% of their value in 2013. At first look this may sound like we are having a great financial recovery, but I am not sure that this would be a true statement.

Silver dropped  from about $32 to  about $20 in 2013 and Gold didn’t hold up much better. I think they are talking about printing $75 billion in US Dollars to this year. If this is true it looks like precious metal values should not be as low as they are today.

2014 Gold and Silver Investment Ideas

Most people seem to have the idea that you need to be all in or all out when it comes to gold and silver investment. I don’t agree with this because you need to keep an open mind when it comes to precious metals or any other investment opportunity. Even if precious metals are good insurance against inflation it doesn’t mean much if the whole game is rigged.

I think the silver market is being manipulated so that the price of silver is artificially low. But that could work to your advantage if you have cash or other assets you can convert into gold and silver.

Gold and Silver IRA

Gold and Silver have become very popular in the last few years as people seem to be distancing themselves from the dollar. The Euro is not doing any better than the Dollar when you get right down to it. And when you factor in all the turmoil in the Middle East and around the world, you can see why precious metals are growing in popularity.

There is no doubt that investing in gold and silver is a popular idea now, but you may want to think about how you go about making the investment. Precious metals are an financial assets but they trade in multiples of 100 times the underlying physical. What this is saying is that when you buy gold and silver on paper the  the same gold has been sold to 100 people. So who will end up with the gold and silver bars if the economy really goes under. The only thing you will end up with is a receipt  for your metal that was suppose to be in storage. Buying physical gold and silver and storing it in a bank or other institutional depository is almost as bad.

Take Possession of your Gold and Silver Investment

You can actually take possession of gold and silver in your IRA and store it however you see fit.  Here is a video that explains more about it.

Take a look at the CheckBook IRA Website to decide if this gold and silver investment information is something you would be interested in.

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NWT Mint Bullion

NWT Mint BullionThe Northwest Territorial Mint

In our research we have found that the Northwest Territorial Mint is the largest private mint in North America. If you look around a little bit you will find that NWT Mint bullion is of the highest quality and sell at competitive prices margins over silver spot prices.

Northwest Territorial Mint has produced and minted coins, commemorative medallions, medals, knives and other products for corporate, government, military and private entities since it was founded in 1984.

I believe that NWT is the only mint in the United States that mints their own silver. If this is true it may give them a real edge on controlling their production casts on silver bullion coins and bars. I can see where this may allow them to offer better premium prices on their silver products.

Seasons Greeting with a Gift of Silver Coins and Bullion

This would be a great time to buy Silver coins or bars for Christmas. It is a buyers market for Gold and Silver Bullion. You may find some great gifts that will increase in value over time from the NWT Mint Bullion Store.

NTW Mint Conclusion

It is a member of the International Precious Metals Institute, the American Numismatic Association, and the Washington State Coin and Bullion Association.

Northwest Territorial Mint is a fully authorized retailer of products from the United States Mint, the Royal Canadian Mint, and the Austrian Mint. They do not have BBB accreditation, but they do have the A+ rating from the Bureau, with just fifteen complaints against it in the past three years – quite good for a company its size. This is probably because of the longer lead times for delivery they operate under. Some of their new clients don’t understand the normal delivery schedules.

Northwest Territorial Mints’ website: http://nwtmint.com/
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