Valcambi Combibars – A Unique Investment You Won’t Find Everywhere

Valcambi CombiBars

Valcambi CombiBars™

Valcambi Combibars – APMEX is proud to feature the CombiBar™, a unique Precious Metals product designed with flexibility in mind. Each bar is sold as a sheet that can be separated into individual bars of smaller weights. Whether you need Gold, Silver, Platinum or Palladium, Valcambi has multiple bars to suit your needs.

Each bar’s purity and weight are guaranteed by Valcambi, a leading Swiss refiner known for outstanding craftsmanship. Each section of every CombiBar™ bears the company’s hallmark to certify its quality, providing the functionality and flexibility of smaller size bullion within a larger investment bar. Buy yours in Gold, Silver, Platinum or Palladium today.

Weekly Gold and Silver Market Recap for Apr 5, 2013

GOLD PRICES FLUCTUATE THROUGHOUT WEEK

This week, Gold prices moved up and down on economic reporting and a major sell off of commodities. Weaker than expected manufacturing data released Monday put downward pressure on the dollar, causing a mild lift in the Gold price. The Institute for Supply Management (ISM) reflected a significant slowing of U.S. manufacturing expansion for March. The index slipped from 54.2 percent in February to 51.3 percent, surprising economists who expected levels to stay the same. The news of sluggish domestic manufacturing comes amid increasing optimism regarding the future of the U.S. economy. However, without a sustained period of positive data in industrial output and job markets, the Federal Reserve is expected to continue its quantitative easing, which analysts forecast as a strong bullish factor for the long term appeal of Gold. All of Monday’s gains were quickly erased Tuesday as the financial outlook in the U.S. continued to improve. As equities in the U.S. marketplace reach for all time highs, Precious Metals struggle for support. “There is an overwhelming sentiment that growth will remain slow and not inflationary, and that has eliminated some of the momentum investors in Gold,” SICA Wealth Management’s Chief Investment Officer Jeffrey Sica said. Economists now look toward Friday’s U.S. labor report for possible directional indicators.

As the week progressed, Gold continued to feel pressure from the strengthening U.S. dollar. The market overlooked news coming from central bank policy meetings that saw the Bank of Japan state they will advocate further monetary easing as the European Central Bank holds steady to its policy. “We have a lot of liquidation of the Gold ETFs and the short position on the Comex for Gold remains very high, so a lot of the macro hedge fund selling have put pressure on Gold,” HSBC Metals Analyst Howard Wen said. Investors await Friday’s U.S. employment data, which will be yet another factor to show if the economy is developing at a successful rate. Gold and Silver prices rebounded significantly while stock futures dipped in the moments following the release of the U.S. nonfarm payrolls report. Expectations for the number of jobs added in March were around 200,000, but the number came in at just 88,000. Earlier in the morning, UBS said in a note, “A significantly weaker-than-expected employment number could spark a powerful upside response (for Gold) given sentiment and the current level of shorts that would be forced to cover.” Though the number of new jobs was a disappointment, the U.S. unemployment rate fell to 7.6 percent; however, that is most likely due to fewer Americans looking for work. Federal Reserve policymakers have said recently that figures like the unemployment rate and the number of jobs added month-over-month are key factors in their decision on continuing monetary easing, which has historically been a boon for the Gold price.

GLOBAL ECONOMIC HEADLINES

Though the situation in Cyprus seemed to have been pushed to the backburner of investors’ minds, some experts believe the crisis isn’t over yet. PIMCO CEO & Co-CIO Mohamed El-Erian said, “Draconian capital controls have restored a sense of calm to a disorderly situation in Cyprus. At best, this is a short reprieve. If not followed by more fundamental (and inevitably controversial) decisions, it will just be a matter of weeks before the controls go from being a temporary solution to becoming part of an even deeper problem.” Many believe the issues in Cyprus are a microcosm of the region as a whole. The eurozone employment report was released Tuesday, showing unemployment in the region is higher than it’s ever been, and the numbers keep climbing. More than 19 million people are out of work as of February. That is almost two million more unemployed citizens than this time last year. “Such unacceptably high levels of unemployment are a tragedy for Europe and a signal of how serious a crisis some eurozone countries are now in,” EU Employment Commissioner Laszlo Andor said. Europe is not the only region with upsetting financial news this week. The Bank of Japan’s announced that it would pump $1.4 trillion into asset purchases over the next two years, which is perhaps the most aggressive central bank easing policy to date. “I still think Japan’s still the key story,” UBS Financial Services’ Director of Floor Operations Art Cashin said. “We’re going to have to find out in a couple weeks whether that begins to move money through the Japanese economic system.” Liberal easing programs by central banks have traditionally been supportive of Gold. Many will wait to see what Japan’s stimulus program holds for world stock and Precious Metals markets.

At 5:00 pm (EDT), the APMEX precious metals spot prices were:

  • Gold, $1582.10, Up $28.20.
  • Silver, $27.37, Up $0.50.
  • Platinum, $1539.20, Up $21.40.
  • Palladium, $728.00, Up $2.50.

Gold and Silver Demand up 52% and 40%, Respectively, for 2013 Over 2012

The United States Mint has released mintage figures for March 2013, ending the first quarter of 2013 with demand continuing at a much higher pace than in the same quarter from 2012.

Aggregate Mintage of 1 oz Gold American Eagles

American Silver Eagle was up 40% for the three months ended March 31, 2013 over the same three months ended in 2012. As evidenced by this significant increase year over year, demand for the physical Gold and Silver American Eagles continues to show higher levels than demand in the futures and ETF markets.

Aggregate Mintage of 1 Oz Silver American Eagles 20122013march

For United States Silver American Eagles, the demand and volume sold in the first quarter of 2013 is a record, exceeding the previous first quarter record in 2010 by approximately 14%. The total mintage for first quarter 2013 exceeded the total mintage for any entire year in the program history from inception in 1986 until 2007.

One Day Only – Special Low Price On 1 oz Credit Suisse Gold Bars

One Day Only - Special Low Price On 1 oz Credit Suisse Gold Bars

One Day Only – Special Low Price On 1 oz Credit Suisse Gold Bars

Bar Highlights:

  • Contains 1 oz of .9999 fine Gold.
  • Accompanying assay card guarantees the Gold metal weight and purity.
  • Eligible for Precious Metals IRAs.
  • Obverse: A unique serial number, which matches the assay card, is stamped on this Gold bar.
  • Reverse: “Credit Suisse” in a repeating diagonal pattern.
  • Tamper-evident packaging makes it easy to tell if the bar has been questionably handled, further ensuring its authenticity.
  • Manufactured by Credit Suisse, one of the largest assayers of Gold worldwide.

Protect and display your bar in style by browsing our Supplies category.

Credit Suisse Gold Bars — why buy Gold from APMEX?

APMEX makes buying Credit Suisse Gold bars online easy with prompt service, convenient access, and competitive pricing on a wide selection of Gold coins and Gold bars. Call our Account Managers toll free or click on the ”Live Chat” button now to add Credit Suisse Gold bars to your holdings today! APMEX is where to buy Gold! Also, you can come to us when it is time to sell Gold or sell Silver.

US Mint Gold Eagle Sales Up 240%

The United States Mint completed the month of February 2013 with a year over year increase from February 2012 in mintage and sales of the 1 Oz Gold American Eagle of 240%, the largest year over year increase in any monthly sales since the financial crisis of 2008. This increase followed the January year over year increase of 47% in mintage and sales of the same Gold coins.

US Mint Monthly Gold 1 oz Eagles

In a similar manner, the United States Mint reported an increase in the mintage and sales of the 1 Oz Silver American Eagle for February 2013 over February 2012 of 126%, the largest increase in sales during the month of February over the same month for the previous year since the financial crisis in 2008. For January 2013, the increase in sales of the Silver coin was 23% as compared to the sales in January 2012.

US Mint Monthly Silver 1 oz Eagles

“The increase in sales by the United States Mint of the 1 oz Gold and Silver coins is evidence of the significant demand for the physical precious metals in the market place. According to the communications with our customers, more buyers are turning to physical Gold and Silver because of concerns over the U.S. Debt and the crisis this huge debt level may bring to the U.S. Economy over the next several years,” stated Michael Haynes, CEO of APMEX.