After posting its' second consecutive weekly drop last week, gold has rebounded. Strengthening...
Silver advanced 4.3% in October after rallying 7.9% in September and gaining 0.7% in August. Silver is now up 31% in 2024, down slightly from last month's gains. However, the current dip may be a "silver lining", a temporary opportunity to act.
What's causing it?
Precious metals tumbled last week on rising bond yields and a stronger dollar after Donald Trump’s reelection to the White House.
Separately, the Federal Reserve shaved interest rates by another 25 basis points last Thursday, in line with economists’ expectations. The Fed’s decision was the second rate cut in a row after a 50 basis point reduction in September. Lower interest rates are typically considered bullish for gold and other precious metals.
However, silver prices back below $31 an ounce are providing investors an excellent opportunity to add to their position. Key fundamentals are still in place for the precious metals bull market to continue over the next few years.
As precious metals continue to stairstep towards highs in this ongoing bull market, temporary dips provide opportunities for savvy investors to strengthen their positions in gold and silver.
In the previous bull market silver saw gains of 1,000% over the previous lows when it established the current all-time high of $50 per ounce in April of 2011.
Today, we're making it easy to add silver to your portfolio with perennial favorite junk silver!
One of the best ways to own silver is in the form of pre-1965 silver dimes, quarters, and half dollars, otherwise known as junk silver.
If divisibility and diversification are priorities for you, we recommend taking advantage of lower spot prices and relatively low premiums to add silver to your portfolio today. Junk Silver Quarters and Halves are available as low as $1.49 over spot when you buy $1,000 Face Value or more. $1,000 Face Value is approximately 715 ounces of silver.
Give us a call at 1-800-831-0007 or email us to place your order today!
Junk Silver Quarters and Halves
As low as $1.49 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 of junk silver. Purchases of $1,000 Face Value of junk silver or more available for just $1.49 over spot per ounce. Less than $1,000 Face Value of junk silver will be priced at $1.99 over spot per ounce. Free shipping, handling, and insurance are available for purchases of $500 Face Value of junk silver or more. Offer expires Friday November 15, 2024, or while supplies last.
