Three Tips on Placing Orders with APMEX

We’re back! It’s time for part three of our APMEX course. You’re one lesson closer to becoming a Precious Metals expert. Now that you know how to buy and sell, here are three new tips to consider when placing your orders with APMEX!

  1. Before calling our account managers and reading from your “must have” list, make sure that you’re registered on our website! It’s free to register for an account with APMEX, and you’ll have a chance to win a FREE 1 oz Gold American Eagle. You can find the registration link at the very top of our website.
  2. So, you’ve registered…now what? If you’re a new investor you may have a number of questions about where to begin. We have several options to help you decide between the 5,000 products that we offer:
    1. Check out our New Investors page. This page is designed to ease new investors into the world of Precious Metals and contains a glossary of key terms, educational videos and a quick start guide that you can download for free.
    2. Join the in-crowd! Find out what other customers are currently investing in and take a look at the latest trends on our Top 40 Best Sellers page.
    3. Sometimes you just want to talk to a live person. Our account managers are here to help! These experts won’t lead you into what to buy, but they are extremely well versed on our products and the market and are happy to share their wealth of knowledge. Connect with an account manager at
      (800) 375-9006.
  3. Be sure of your selection before submitting your order. Once the order has been submitted, it can’t be changed or modified. Ask all the questions you can think of before finalizing your purchase so you can be confident in your selections.

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.

Only 3 Days To Get Special Savings On Gold Maple Leafs

You Must Order By Thursday, March 28, 3 p.m. (CDT).


You Must Order By Thursday, March 28, 3 p.m. (CDT).

Canadian Gold Maple Leaf coins, considered some of the most beautiful Gold coins in the world, appeal to both investors and collectors worldwide for their beauty and high purity.

Coin Highlights:

  • Contains 1 oz of .999+ fine Gold (in 1982, the purity was raised from .999 to .9999 fine).
  • Multiples of 10 are packaged in mint tubes. Multiples of 500 are packaged in “Monster Boxes.” All other coins will be in protective plastic flips.
  • Eligible for Precious Metals IRAs.
  • Obverse: Likeness of Queen Elizabeth II, along with the year and face value.
  • Reverse: A large, single maple leaf with the weight and purity.
  • Guaranteed by the Royal Canadian Mint.

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

Gold Maple Leaf coins — why buy Gold from APMEX?

Because Gold Maple Leafs are eligible for Gold IRA accounts, Gold Maple Leaf coins are a great way to diversify one’s wealth. APMEX makes buying Gold online easy with prompt service, convenient access, and competitive pricing on a wide selection of Gold coins, Gold bars and Gold rounds. Also, you can turn to us when it’s time to sell Gold or sell Silver.


Silver Plunges Below $30 Act Now

SIVLER PLUNGES BELOW $30 FOR THE FIRST TIME IN MONTHS. TAKE ADVANTAGE OF THIS BUYING OPPORTUNITY.

If you’ve been waiting for a price dip in order to begin or expand your holdings in Silver, now may be a good time to act. Silver prices have pulled back creating opportunities for savvy collectors.

SILVER REMAINS A VALUABLE ASSET

Given the ongoing uncertainty of the global markets and today’s weakness in Silver prices, now may be the time to build your investment. Read more about Precious Metals prices in our Daily Gold & Silver Market Report, always updated three times throughout the day.

LOCK IN YOUR PRICE WHEN YOU ORDER FROM APMEX

When you buy Silver from APMEX, the price listed is the price you pay (not including shipping) — locked in at the time of your order. There are no commissions and no hidden fees. That means you can take maximum advantage of the recent price pullback in Silver to buy your favorite items.

DON’T MISS THIS BUYING OPPORTUNITY IN SILVER

24 Hours To Get Our Lowest Price On This Gold Credit Suisse Bar

1 oz Credit Suisse Gold Bar .9999 Fine (In Assay)

1 oz Credit Suisse Gold Bar .9999 Fine (In Assay)

Don’t Miss This Golden Opportunity! Order by Tuesday February 12, 3 p.m. (CST).

APMEX offers Precious Metals through the APMEX secure website 24 hours a day, 7 days a week. Or take advantage of our extended live help hours by calling our Account Managers toll free at (800) 375-9006, Mondays through Thursdays from 7 a.m. to 7 p.m., and Fridays from 7 a.m. to 5 p.m. (CST).

At APMEX, we stock more than 7,000 Gold, Silver, Platinum and Palladium products, including thousands of collectibles. We pride ourselves on competitive, straightforward pricing – with no commissions or hidden charges – as well as top notch customer service. We also offer the option to have your Precious Metals stored at a secure and private storage facility through Citadel Global Depository Services. At APMEX, your satisfaction is our goal.

How to Buy Gold and Silver: Basic Terms Explained

If you are thinking about investing in metals like Gold and Silver watch this video. Once you know some basic terms about buying and selling Precious Metals go online to APMEX.COM http://po.st/cJUTkP and start shopping. If you have any questions, call us toll free at 1-800-375-9006. You will learn about basic precious metals investing terms like troy ounce, ask, bid, spot, premium and grading.

APMEX Weekly Report

Gold Remains in Demand:

The headlines this week have been dominated by the struggles of the global economy and the uncertainty of investment options. However, Gold has shown to be a steady option recently. “Gold (is one of the most liquid ways) to get exposure to inflation. The volatility… will remain low going forward as the ugly head of inflation will emerge, and we will see a steady increase in gold demand,” said Michael Mullaney, at Fiduciary Trust in Boston.  With questions regarding the United States’ economic future and the global economic slowdown, many investors are left looking for a solid investment.  Though Gold fell this week, open ended fiscal policies engaged in by central banks are expected to boost prices in the long run. Credit Suisse forecast an average price of $1,840 per ounce for the year 2013. HSBC’s James Steel stated that he does not predict Gold to fall below $1,750 per ounce. Historically, price pullbacks such as this have presented excellent buying opportunities for investors.

 

How Steep is the Fiscal Cliff:

Despite recent strong gains in the U.S. stock market, investors braced for the worst earnings season since 2009. Analysts are expecting earnings to decline, after 11 quarters in a row of gains. These poor results are attributed to the slower than expected U.S. economic recovery and the overall economic slowdown worldwide.  Americans are also expecting the worst for the end of 2012 when the United States government is forced to deal with scheduled spending cuts and tax increases, referred to as the “fiscal cliff.” Spending cuts will disrupt more than 1,000 mandated government programs. Tax assistance laws put into place by the Bush administration and extended during the Obama administration are set to expire Dec. 31, 2012. It is predicted that the economy could be heading towards another recession if it is not handled properly and in a timely manner. Chad Stone at the Center on Budget and Policy Priorities believes the circumstances may not be so severe with the “fiscal cliff” acting more like a “fiscal slope” that the economy can easily recover from. Stone said, “The slope would likely be relatively modest at first. A relatively brief implementation of the tax and spending changes required by current law should cause little short term damage to the economy as a whole.”  The main point of emphasis is the tax cuts that are set to expire at the first of the New Year. If they are allowed to expire without any action, the effects could be felt worldwide. “It’s very clear that if the whole tax package moves off the table it will immediately bring the U.S. into a recession, which will have a huge negative impact on the whole world,” said Zhu Min, deputy managing director of the International Monetary Fund.

 

Greek Debt May Need More Work:

German Chancellor Angela Merkel’s words of support for Greek Prime Minster Antonis Samaras were overshadowed this week by new data indicating that Greece’s debt situation may require yet another round of restructuring. The International Monetary Fund (IMF) warned Eurogroup finance ministers that Greece will miss the five year debt reduction target required for its 130 billion euro bailout. The IMF also has concerns that it will be nearly impossible to get the Greek debt level below the 120 percent of economic output by 2020 as hoped. Chancellor Merkel’s visit to Greece, the first since the debt crisis began in 2009, saw significantly increased security as Greek protesters took to the streets to vent their anti-German sentiment.  Chancellor Merkel’s call for austerity measures is not popular with the Greek populace. Greece prepared for two days of strikes with over 7,000 plainclothes police and hundreds more undercover agents.