Why add this Perth Mint 100g Gold Bar (New Sealed with Assay Certificate) to your collection?
This Perth Mint 100g Gold Bar makes for a beautiful addition to any collection. The bar comes in the Mint’s tamper-evidence safe case, which makes it easy for you to provide prospective buyer the confidence they need to purchase it if and when you decide to sell. The mint’s name and logo appear at the top of the obverse of the bar and the top of the card, featuring a beautiful swan that is sure to appeal to collectors. Under the logo on the obverse, inscriptions denoting the purity, metal content, and weight of the bar are provided. The reverse features a pattern of jumping kangaroos, the animal most commonly associated with Australia, home of the Perth Mint. On the reverse of the card, the specifications of the bar are again listed, along with a unique bar number that provides for easy verification of authenticity. This bar makes sense stackers because it has an affordable premium and comes from a widely respected source, the Perth Mint. Collectors may also appreciate the simple yet beautiful design, as well as the presentable assay certificate in which it comes.
|Weight in Grams:||100 g|
The smart long term gold investor will take into account all these worldwide news items and have the ability to make a smart decision in determining what percentage of his or her portfolio should be in physical gold or silver.
After listening to some FED governors over the past week calling for a rate hike in June, the stage is now set for “The Boss” to share her opinion of what direction the Fed will take at the June meeting.
I believe the rally in silver will lose some steam and test the $17.00 level this week.
Some traders believe the pressure will be on from some FED governors to convince Ms. Yellen to raise rates at the next FED meeting, giving traders the fuel they are looking for.
In order to understand what could happen here in the States, we need to look at where negative interest rates are a fact of life.
There are many factors that can cause a tsunami in the gold price, but you need to experience the RUMBLINGS before the big one hits our shores.
At the time of this report (5am eastern, as I head into New York City to visit a few clients), we see a slightly stronger dollar ahead of the Fed meeting March 15-16.
Helping support the rally in gold is the nonstop infusion into the gold ETFs. Even silver has joined the party with a big increase yesterday.
Over the years, the word inflation was synonymous with higher gold prices, but in my opinion negative interest rates will have a much more profound effect on the price of gold. As an investor, why would anyone want to pay the bank to hold their money.
I wanted to share his comments with each one of you so you can hear from other sources on how damaging negative interest rates could be. These comments only add fuel to the momentum that has been created by ETF purchases from the beginning of the year.
Let’s briefly explain how the metals get into the depository. I will use as an example our CME and ICE depository, International Depository Services of Delaware (IDS).
So is it time to give gold a serious look? As I’ve been sharing my opinion and the opinions of many gold traders around the world, as we all watch the action in interest rates, the dollar index, equities and the price of oil.
As I enjoy taking a contrary position on topics like this, I believe Gold will continue to be well supported at these levels and I don’t believe the data the Fed will look at going forward will give them any ammunition to raise rates at the next Fed meeting.
Silver holding her head above water, rallying to $14.495 overnight in the March contract. With the lack of available one thousand oz. bars on the street, we have seen premiums increasing. The question remains, is this a indication of things to come as CME warehouse stocks continue to decline?
It looks to me that the electronic fixing platform for silver is becoming a market of its own with very little liquidity. This can become a serious problem for the world producers, government mints and refiners who have annual contracts selling and hedging their production on the silver fixing price.
This article will discuss the differences in buying physical gold and ETFs. Some see it as a buying opportunity I guess, with the price of gold consolidating at these current levels.
Open interest in the December contract started this morning at 693 contracts.
PGMs are extremely oversold. and as with any rally in the Gold and Silver market, we expect they will follow along. Otherwise it’s the same old story.