Silver advanced 4.3% in October after rallying 7.9% in September and gaining 0.7% in August. Silver...
Let Us Bring Him Silver and Gold
Heading into the holidays, silver and gold have dipped, facing headwinds from a stronger U.S. dollar. Trading volume will likely be light this week and heading into year's end. Still, there's a lot to celebrate for gold and silver investors who were able to enjoy the forward momentum in the precious metals market in 2024.
Gold and silver are neck and neck for gains as we face the final days of the year. Although gold has come down since the election, dropping another 1.3% so far this month after falling 2.5% in November, gold is still up 28% for the year.
Silver is also up 24% in 2024. Silver is down 3.7% so far this month after falling 5.2% in November.
These dips should be viewed as an opportunity for investors, with gold and silver currently consolidating while long-term market fundamentals remain positive for metals.
According to analysts and experts, over the next few years we may see gold as high as above $5,000 an ounce and silver as high as $90 an ounce. The last bull market saw spot price gains of 2-3 times the lows. The patterns of rallies and consolidations of gold and silver these past few years still supports a bullish market cycle with several more years to go before it peaks.
While gold has hit 39 new all-time highs in 2024, silver has yet to approach its previous bull market high of $50 an ounce. While silver bugs may be disappointed, it is important to note that historically, silver tends to lag behind gold well into a bull market cycle, before overtaking gold's gains explosively. This makes the perceived lethargy in silver spot prices right now a perfect opportunity for investors who might be looking for the profit potential in this market.
Like the song says, "Let us bring Him silver and gold."
We're offering special premiums on everyone's favorite way to own silver...
One of the best ways to own silver is in the form of pre-1965 90% silver dimes, quarters, and half dollars, otherwise known as junk silver. Rather than being priced by ounces, it is priced by the Face Value of the coins. $100 Face Value is approximately 71.5 troy ounces of silver.
If divisibility and diversification are priorities for you, we recommend taking advantage of lower spot prices to add silver to your portfolio today. This week only, Junk Silver is available at JUST $0.79 over spot!
Give us a call at 1-800-831-0007 or email us to place your order today! Please note that our offices will be closing early today at 1 pm EST, and will be closed on Christmas Day, December 25th. We will be open normal business hours the rest of the week.
90% Junk Silver Quarters
Just $0.79 over spot!
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Minimum order is $100 Face Value. Free shipping, handling, and insurance are available for purchases of $500 Face Value or more. Offer expires Friday December 27, 2024, or while supplies last.