Summer is often a slog for precious metals investors, typically associated with extended narrow...
Own Gold in 2024
Gold slipped back under $2,000 an ounce on a firmer dollar this week. Right now, investors are awaiting further direction from the monetary policy decision from the Federal Reserve to be announced later this week. But the direction of monetary policy by the Fed seems pretty clear at this point. Most are betting that the Fed will keep its federal funds rate unchanged on Wednesday, and likely through the first quarter of 2024 as well.
But make no mistake, interest rate cuts are coming at some point next year.
Historically, interest rate cuts are bullish for gold. And when interest rates stay higher for longer, pressure on financial markets and the real economy generally builds, creating more demand for safe haven assets. And when interest rates are finally cut, you can expect gold will react strongly to the upside.
Every American investor must own gold in 2024, but 2023 isn't a bad time to start.
Gold had a strong 2023, defying expectations amid a high interest rate environment, and outperforming commodities, bonds and most stock markets, with geopolitical risk and safe-haven buying fueling a lot of the recent momentum.
With gold temporarily back down to palatable levels, dipping back after reaching the new high, now is the perfect time to add gold to your portfolio before it rises once more.
To that end, we're offering a head start on owning gold in 2024. The 2024 American Eagles are now available for pre-sale! Orders are projected to ship mid-January, but you can take advantage of today's lower spot prices. Gold's next highs are just around the corner, so don't delay. Give us a call at 1-800-831-0007 or email us to place your order today!
2024 Gold American Eagle (Presale)
As low as $114 over spot*
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. $114 per ounce over spot pricing available for orders of 50 oz. or more. $119 per ounce over spot available for orders of 20-49 oz. $124 per ounce over spot price available for orders of 10-19 oz. $129 per ounce over spot pricing available for orders of 9 oz. or less. Minimum order is 1 oz. gold. Shipping, handling, and insurance are included on any purchase of 10 oz. of gold or more. Orders expected to ship around January 15, 2024. Offer expires Friday, December 15, 2023, or while supplies last.