1 oz. Sunshine Minting Silver Bars — as many as you’d like — for the low price of $0.99 per bar over spot. Special pricing ends at 5:00 p.m. (CDT) on Wednesday, April 4.
DON’T MISS THIS DEAL – 24 HOURS ONLY!
1 OZ. SUNSHINE SILVER ROUNDS .999-FINE
ONLY $0.99 PER ROUND OVER SPOT
Act now! You can buy 1 oz. Sunshine Minting Silver Rounds — as many as you’d like — for the low price of $0.99 per round over spot. Made from Silver mined in the U.S. in a convenient 1 oz. size, these popular rounds are ideal for investing and easy to sell. Take advantage of this limited-time opportunity to build your Silver holdings. Special pricing ends 4:00 p.m. (CDT) on Friday, March 23. Order now!
- Exclusive 2012 1 OZ. Year Of The Dragon Silver Rounds (apmex.wordpress.com)
The big event in precious metals this week took place on Wednesday, as Gold and Silver experienced drastic sell-offs after testimony by Federal Reserve Chairman Ben Bernanke, before the House Financial Services Committee, indicated that the Fed is not likely to consider a third round of quantitative easing. The price of Gold dropped over $90, bringing the metal under $1,700 for the first time since late January. By Thursday, however, precious metals prices had rebounded, with Gold once again above $1,700. Standard Bank’s Walter de Wet said, “We had a sense that the Gold market was increasingly pricing in QE3, and obviously Bernanke has put a dampener on that.” But the drop in prices strongly pushed physical sales of the metal, with one dealer saying, “It’s been a long time since we (saw) such decent buying.” Julian Jessop of independent macroeconomic research consultancy Capital Economics called the movement by the metals overdone and said that he feels the appeal of Gold will make up for the unlikelihood of a QE3. Referring to that appeal, Jessop said, “It is the risk of a renewed escalation of the eurozone crisis that underpins our forecasts.” Analysts with bullion broker Sharps Pixley in London suggested that yesterday’s Gold pullback could be a window of opportunity for investors looking to get into Gold, saying in a note to clients, “The long-term Gold story remains unchanged.”
Another factor that contributed to the fall in Gold’s price on Wednesday was the news that the European Central Bank infused nearly a half-trillion euros into the banking system. Laurent Fransolet at Barclays Capital said, “The astonishing number this time is the number of banks participating, which signals that a lot more small banks looked for the money, and it is likely they will pass it on to the economy.” This release of funds from the ECB is designed to allow more time for European politicians to solve the eurozone’s financial crisis. On Friday, 25 of the 27 European Union countries signed a fiscal pact which states that all countries are to write a golden rule regarding balanced budgets and to put those into constitutions or laws. European Council President Herman Van Rompuy said that the agreement “helps prevent a repetition of the sovereign debt crisis.” However, that raises a question: Doesn’t the crisis have to be over before a repetition can occur? Continue reading
Own the brand new, officially licensed Star Wars Silver Coins sets, produced in limited quantities by the New Zealand Mint. APMEX is offering both sets with free domestic shipping. Plus, buy the 2-Set Collection and enjoy a savings of $50! Commemorate the thrills and fame of the Star Wars saga through two incredible sets — the Rebel Alliance and the Dark Side — each containing four coins encased in distinctive Star Wars packaging. Each colorized coin contains 1 oz. of .999-fine Silver. Order yours now, while supplies last!