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Premiums on Coins, Bars, and Rounds May Have Bottomed

Gold and silver premiums have been following the demand for physical metal lower in recent months. As investor selling ticked up, popular bullion products poured back into dealer inventories. The result has been some of the lowest premiums we’ve seen in a decade for items like gold and silver American Eagles. The “premium” is the amount over the market price for gold or silver commanded by a specific bullion product. It will include the dealer’s profit, but also incorporates the wholesale premiums and/or fabrication costs the dealer must pay to acquire the inventory. Ample supplies of American Eagleson the secondary […]

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Exploiting Plummeting Gold & Silver Premiums…

Client communications are a priority for us. If someone calls, we have live people answering the phone and ready to provide service. If you need support by email or by live chat, we respond promptly. This is, of course, good business, as it makes for happy customers! However, it is great for another reason. A big part of what we do is provide timely and useful articles and podcasts you can use to stay current on developments which impact the metals markets and your investments. It helps us immensely to know what our clients are thinking about and what questions […]

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Low Gold and Silver Premiums Beckon, but Be Careful…

Holding some physical gold and silver has been a good idea for a few thousand years. That never changes. However, some moments are better than others when it comes to picking an entry point. Now may be one of those auspicious times. Plentiful inventory and soft demand have pushed premiums for bullion products to their lowest levels in years. U.S. 90% silver coins minted before 1965 – aka “junk silver” – can now be had for less than $ 1/oz over the spot price. Pre-1933 U.S. gold coins have also fallen dramatically in price. Mints, refiners, and dealers are cutting […]

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Health Care Premiums Shooting Through the Roof? Here’s Why

Last week I wrote about my recent IRS audit (which went well). What I did not dwell on was one of the topics they wanted to cover – my health insurance premiums. The tax year in question was 2013. I dutifully obtained copies of my insurance premium payments and presented them to the agent. For half the year I paid $ 654 per month, then my premium increased to $ 748. That’s a 14.5% jump in one year. It annoyed me at the time, but nothing like the anger I felt when I saw those numbers during my audit. In […]

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