Why should you stack with the Republic Metals Corporation 10 oz. Silver Bar?
This Republic Metals Corporation (RMC) Fine Silver Bar contains 10 Troy Oz. of .999 fine silver, has a thickness of 7.20mm, measures 90mm in height and is 46mm wide. The obverse design of this 10 oz. RMC Silver Bar features the RMC logo along with the inscriptions “REPUBLIC METALS CORPORATION,” “10 TROY OUNCES,” and “.999 FINE SILVER.” The reverse side of the bar highlights a diagonal repeating design of the RMC logo, which depicts an iron rod above the “M” with liquid metal pouring into a burning furnace for purification. The rounded corners and smooth edges of the ingot shaped bar create a natural border to the design. The 10 oz. RMC Silver Bar was designed and minted by Republic Metals Corporation in the Opa-Locka neighborhood of Miami, Florida.
Recognized as one of the world’s leading producers of fine silver bullion, Republic Metals Corporation was established in 1980, and is now the most technologically advanced precious metals refinery in North America. In 1998, Republic Metals Corporation was named the first precious metals refinery in the United States to achieve ISO: 14001 registration. This coveted registration is awarded to companies that demonstrate full commitment to the reduction of negative environmental influences that result from the processes precious metal manufacturing.
This RMC 10 Troy oz. .999 Fine Silver Bar is eligible for inclusion in Precious Metals IRA accounts. Silver bars are one of the easiest and most popular ways to diversify your stack.
|Weight in Grams:||311 g|
|Weight in Ounces:||10 oz|
|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.
For my readers who are not familiar with the terms used by the media to explain the mood of the Fed committee, here is how it is described.
The only positive comment I can share is, surprisingly we still see interest in the ETF arena as all four metals experienced inflows on Friday.
All this news giving Gold and Silver the boost we all were hoping for.
Greek lawmakers have agreed to a pension and tax reform plan that will require more stimulus from the Eurozone members.
Gold prices continue in a strong pattern coming into the new week.
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.
Silver trying to build a base above the $16.00 level, hoping also that any pullback in this price would be viewed also as a buying opportunity like her big sister gold seems to be enjoying.