While writing my next article on the Euro and European bank mess, I received a solicitation email from a friendly competitor of mine, Peter Schiff (see ad below). In this email Peter was offering 1/2 ounce gold American Eagle coins at just a 5.75% premium over spot. I wanted to see where his pricing was compared to ours and it turns out our pricing is $6 less per coin.
I do agree with Peter that these 1/2 ounce fractional coins are better for barter than the one ounce gold coins, but I also like the 90% silver bags which my customers can get for about 1% over spot, including commission. And old 1964 Roosevelt dime could buy you a loaf of bread in 1964. Today’s silver content, at just over $2, can still buy you a loaf of bread. These silver coins hold their purchasing power, and they only made so many of them which means there could be some scarcity appreciation associated with them in the future.
One can call Buy Gold and Silver Safely and buy these gold or silver coins today by dialing 888-604-6534. No special pricing or time limits. Just everyday low prices.
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Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534
Disclosure:
Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.
All trades, patterns, charts, systems, etc. discussed in this outlook and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author.