Great Buying Opportunity – Both Silver and Gold Prices Retreat


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


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


When you buy Precious Metals 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 and Gold to buy your favorite items.



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Oklahomans can Buy Gold and Silver Coins and Bars without Paying Sales Tax!

Law exempts Precious Metals purchases if they are stored in a non-bank depository, like APMEX owned subsidiary Citadel Global Depository

OKLAHOMA CITY, Dec. 5, 2012– According to a recent law enacted by the Oklahoma Legislature, residents of Oklahoma can purchase Gold and Silver coins, bars and rounds from Oklahoma Precious Metal dealers without paying any sales taxes on that purchase. In order to comply with this law, the Precious Metal products must be stored in a non-bank depository for safekeeping. The bill specifically does not apply to the purchase of Gold or Silver items used as jewelry or for artistic or ornamental use. House Bill 3166 passed the 2010 Oklahoma Legislature with bi-partisan support and was signed into law by the governor. The intent of the bill was to help Oklahomans buy Precious Metals as they do other investments, without any sales taxes being levied on the purchase.

“We were very pleased to see that the Oklahoma Legislature passed this important measure that leveled the playing field for Oklahoma investors. Now investors don’t have to buy their Precious Metal products from out-of-state dealers, nor are they subjected to paying more than eight percent of sales tax on an investment-type asset, “said Michael Haynes, CEO of APMEX, Inc., of Oklahoma City ( APMEX is one of the nation’s largest online Precious Metals dealers. “In order to help Oklahomans comply with this law, APMEX has created a wholly-owned subsidiary called Citadel Global Depository Services, Inc., ( which secures storage services from one of the most trusted names in the storage of valuable assets,” Haynes concluded.

“Citadel was created to help investors safely and securely store their Precious Metal products in a high security location. Through our exclusive arrangement with one of the oldest names in the transportation and storage of Precious Metals, we can provide safe, secure and economical storage for all Oklahoma investors,” Citadel President Mike Garofalo said. Storage costs are the same for all customers at just .55 percent (55 basis points) per year. So they pay slightly more than one half of one percent a year for insured allocated storage as opposed to a one-time 8.25 percent Oklahoma Sales Tax. Garofalo also added, “Citadel customers have online access to their holdings 24/7, and the value of their holdings is updated daily. That way you always know what your Gold and Silver products are worth, whether you own $1,000 or $10 million worth of Precious Metals.”

About APMEX, Inc.

APMEX Inc., one of the largest online retailers of Gold, Silver and other Precious Metals products, offers one of the world’s largest retail selections including all U.S. Mint bullion such as Gold, Silver and Platinum American Eagle coins. APMEX also sells all types of Royal Canadian Mint products, including Gold, Silver, Platinum and Palladium Maple Leaf coins, as well as South African Gold Krugerrand coins. APMEX is also a member of the American Numismatic Association, the International Precious Metals Institute and the Industry Council for Tangible Assets. For additional information, visit or call (800) 375-9006.

About Citadel Global Depository Services, Inc.

Citadel provides storage services for Precious Metal buyers worldwide. Located in Oklahoma City, Citadel’s services and benefits can be viewed online at their website With highly competitive storage rates, very low minimums, 24/7 access to viewing your holdings and an exclusive arrangement with a global leader in security, Citadel provides an unparalleled storage option. A Citadel account may be opened without any obligation until product is deposited for safekeeping.

Contact: Michael Garofalo APMEX, Inc., (405) 595-2100 X 114,

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10 Reasons to Choose APMEX as Your Precious Metals Provider

English: APMEX headquarters in Oklahoma City

English: APMEX headquarters in Oklahoma City (Photo credit: Wikipedia)

APMEX. You’ve probably heard the name before, but what’s in a name? What does it really tell you about the company that you’re doing business with? If you’re finally ready to invest in Precious Metals, we’re here to let you know why APMEX should be your first choice.

  1. We stand behind our products. All 7,000+ of them. When you decide to make a purchase with APMEX, you’re choosing to invest in quality products. Unhappy with the product you purchased? Our return specialists are available to help you swiftly resolve the issue.
  2. We’ve been in business since 1999. Precious metals are what we know best and we have the tenure and the knowledge base to prove it.
  3. APMEX is here to serve our customers and we have an expert team ready and willing to do just that. Get all of your questions answered through our informative customer service and account management team.
  4. So what if the market is closed? Our website is available to help you 24/7 with securing an order.
  5. We’re big! As in one of the largest online provider of precious metals. See the difference now at
  6. Shipment discretion and insurance are a major part of APMEX customer service. Your metals are shipped like the precious cargo that they are and have no obvious packaging or logos that reveal the contents of the items being shipped.
  7. Not interested in taking physical possession of your items? You don’t have to. Keep your investment secure with our Citadel Global Depository Services.
  8. APMEX is a Global company. Find out about international shipments here.
  9.  Buy and sell right here with APMEX! Our purchasing department will help you get the return on your investment.  Call us at (800) 375-9006
  10. Sure, we can come up with some pretty good reasons for you to buy from us, but our customers can give you even more. We have an A+ plus rating with the Better Business Bureau and 96% of our customers say they would recommend us to friends and family. Become our latest rave review by shopping with us today!

Visit or call (800) 375-9006 to find out more about buying Precious Metals.

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Gold on pace for largest quarterly gain in over 2 years


Stocks dropped today as reports reveal a reduction in industrial activity in the Chicago area. The data from Chicago (the United States’ third largest metropolitan area) comes just weeks after similar news of a contraction in manufacturing output in New York. “What we’re seeing here, particularly in the Midwest, is a weakness in autos and all the things that go into them, like primary metals,” said Stuart Hoffman, chief economist at PNC Financial Services Group. After the latest wave of monetary stimulus and a better-than-expected quarter for stocks, Hoffman commented on the dip by stating, “So now we’re having a step backward as some of the QE3-inspired gains dissipate.”

Gold prices have fallen slightly today as the dollar is up against other world currencies. Though today’s decline is the metal’s second in three days, gold is set to realize its largest quarterly gain since 2010. “The most obvious catalyst for gold to break higher this year is going to be good news out of Europe,” Mitsui Precious Metals analyst David Jollie said. “Anything that is dollar negative is going to help gold move to fresh highs for the year.”

At 1 p.m. (EDT), the APMEX Precious Metals spot prices were:

  • Gold, $1,772.60, Down $6.90.
  • Silver, $34.52, Up $0.15.
  • Platinum, $1,663.00, Up $14.90.
  • Palladium, $640.30, Up $3.90.

APMEX’s Account Managers now have extended hours Mondays through Thursdays and are here to serve you until 8 p.m. (EDT)! Or call us Fridays until 6 p.m. (EDT)! If you have any questions about investing in precious metals or simply would prefer to place your order by telephone, we are here to help.


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Getting Started With Precious Metals Investing

APMEX New Investors Guide to Investing in Precious MetalsLooking to invest in Gold and other Precious Metals but not sure how to get started? That’s what this APMEX New Investors Page is all about. Start by downloading our New Investors Guide . It’s full of detailed information about investing in Precious Metals and will give you a good foundation on the basic principles of investing in Gold and other Precious Metals. The APMEX Guide for New Investors gives you concise insights and quick start facts on what you need to know to start investing in Precious Metals. Download the Guide it’s free.

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