Why Choose This Republic Metals Corporation 1 Kilo Silver Bar?
When you want more silver to add to your stack, you have many options to choose from. Not only are there many brands, but also various forms. Each one has its advantages. This silver bar was minted by Republic Metals Corporation. Republic Metals is a private Mint in the US. Their headquarters is in Florida.
This Republic Metals silver bar weighs 1 kilo, so that’s just over 32 Troy oz. It has a fineness of .999 and a simple design. On the front, at the top the Republic Metals Corporation logo can be seen. At the bottom, the weight and fineness are inscribed. At the very bottom is a unique serial number. Like other bullion products, the unique serial number helps to prevent counterfeiting. The back of the bar is totally blank, no inscriptions or designs are shown here. If you’re looking for a simple silver bar made by a private Mint in the US for a reasonable price, this Republic Metals 1 kilo silver bar is a good option.
Add this 1 kilo Republic Metals Corporation silver bar to your stack today.
|Weight in Grams:||1000 g|
|Weight in Ounces:||1 kilo|
|Mint:||Republic Metals Corporation|
In the meantime, we witness a slightly stronger dollar this morning putting a little pressure on the price of gold. Silver also feeling like she’s coming down with something, as the fun days when she was over 20 seems to be fading fast.
Silver is having a banner year in 2016, with prices up 44 percent from January through August. This includes both physical silver and the silver-backed ETF and mutual funds.
Some retail internet dealers have been sharing that their market is so very quiet that an immediate vacation is in order. One character started singing the song, “See you in September”. Not very funny, I’m not amused. I enjoy a busy market.
Brexit shakes up the market with four for four in spot price spikes for the precious metals participants.
With unease and instability, comes renewed interest in safe haven investments such as precious metals. Buckle your seatbelts. This ride could get exciting…
Is there an increase in-store for silver?
Some financial advisors report that retail investors are interested in diversifying their portfolios and in turn are buying physical silver. A few financial advisors I spoke with said that investors think that silver is a better investment than gold in the long run, as they say silver has the ability to triple in value as for gold it would take an economic disaster for the yellow metal to do the same.
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.
Profit taking also seen in the gold ETF overnight as seen in strong outflows in the gold fund position. Interesting though silver ETFs enjoys new highs as retail investors seem to be more attracted to silver over gold.
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.
Well today, another Fed chairman emerges from behind the curtain to add his two cents: Richmond Fed Chairman Jeffery Lacker. I guess he felt left out, or Janet just told him it’s his turn to comment on future Fed rate hikes.
Walter Pehowich is on vacation today, so our commentary comes from Stephen W. Miller, CEO of Dillon Gage Companies.
Walter Pehowich is on vacation today and Monday. Today’s commentary comes from Stephen W. Miller, CEO of Dillon Gage Companies.
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?
A strong Equities market open is expected after seeing oil up over 5 pct. this morning. A welcome breather from all the madness of late.