Gold & Silver setting New Highs – 2021 U.S. Mint Release News

CLICK HERE FOR NEW Morgan Silver Dollars

CLICK HERE FOR NEW Peace Silver Dollars

CLICK HERE FOR NEW $20 Gold Saint Gaudens

	Gold Bar and Coin Investment Soared in First Quarter
	The growth in investment was mainly triggered by bargain-hunting in key markets around the world, especially China . . . . Paul Ploumis
	Germans Own Over 9.000 Tons of Gold
	Gold as a gentle cushion of peace: Many Germans rely on the precious metal as crisis protection . . . . Von Goldreporter
	Sam Zell Buys Gold with Inflation ‘Reminiscent of the 1970s’
	Billionaire investor Sam Zell is seeing inflation everywhere, and has bought gold as a hedge -- something he says he used to knock others for doing . . . . Bloomberg News
	Gold Takes On Interest Rates And Cryptos
	Tumbling investment demand for gold was offset by improving consumer demand during first quarter 2021 . . . . InvestorIdeas.com
	Bill Maher Launched An Attack On Bitcoin
	The HBO host has a lot of dicey opinions, but one subject where he’s right on the money is cryptocurrency. . . . Matt Prigge

May started on a high note for Gold investors with the Gold price increasing $63 per ounce. Just last week, Gold broke out above the key $1,800 per ounce resistance level on Thursday. Then, it kept on going, fueled by short-covering and fresh buying, reaching a high of $1,844 on Friday. Gold closed last Friday at $1,831 per ounce, up $63 for the week, the best week this year.

Friday’s disappointing jobs report has given confirmation to the fact that the Federal Reserve is highly unlikely to raise interest rates in the near future. Both interest rates and the U.S. Dollar Index declined on this news causing the price of Gold to reach a 3-month high before seeing some light weekend selling. Gold has confirmed a bullish direction in the past month and many professional floor traders are no longer selling into rallies but are now buying on dips.

Between recent Federal Reserve policy announcements and continued stimulus funding from the United States in other large world economies, which are printing trillions of Dollars, Yuan, Euro and Yen, the prices of Gold/Silver are going much higher. I believe that after Gold builds a base above the $1,800 level, it will continue to move towards $2,000, reaching it by August, then $2,200 before year-end. Gold has a past track record of moving up quickly after it breaks resistance. Last year Gold moved from $1,800 to $2,080 in just three weeks (July 17th 2020 to August 7th).

Today: This morning, the Dollar Index has dropped to 90.10 and 10-Year Treasuries are below 1.60% giving the Gold price a boost. Gold reached a high of $1,846, a 3-month high, before seeing some light profit taking. Gold should test the $1,850 resistance level very soon.

Silver investors should have a big smile on their faces from last week’s $1.60 (6.2%) increase. Silver broke above both the $26 and $27 per ounce resistance levels, on the way to closing at $27.45 last Friday. Trading volume was strong on Thursday and Friday as Silver showed the highest increase this year. It would be healthy for the Silver price to build a base with $27 as the floor for the next few weeks, but that may not be possible if Gold continues its rally.
Based on Silver’s big rally last week, the Silver-to-Gold ratio has dropped to 66-to-1.

Today: Silver made its first attempt to break the $28 resistance level this morning, reaching a high of $27.99 during early European trading. This recent rally is driving stronger demand and adding to the physical shortage issue, as premiums remain high.

This week the U.S. Mint will be releasing the 2021 Proof Gold Buffalo. Unlike the Proof Gold Eagle this year, the Proof Gold Buffalo is expected to have only 1 release given that the design is consistent. Given everything we are aware of at this moment, we aren’t expecting any major issues on this release. For this reason, once we are given our allocation and confirmation of shipment, we expect to offer our Pre-Sale. We plan on offering pre-orders only to clients who request to purchase the week of May 17, with our exclusive LOWEST PRICE GUARANTEE*! We will be offering them Graded (PCGS and NGC) as well as Ungraded with a Free Bonus*!

To be placed on our exclusive pre-order list, just email David ([email protected]) or the Wholesale Trading department ([email protected]) with your request. As we will be contacting clients first based on availability to offer the coins at our Wholesale Price before offering them publicly on our website.

*Please note that Lowest Price Guarantee only applies to graded coins and our Free Bonus Gift only applies to Ungraded Proof Gold Buffalos.

The U.S. Mint is offering the 2021 Morgan and Peace Dollars, starting this month, but delivery isn’t until October (Yes, I said October). The U.S. Mint will be shipping out 5 Different 2021 Morgans and a 2021 Peace Dollar as a 1-time release each. This is to celebrate the 100th Year Anniversary of each coin. The different Morgan Dollar designs are with a CC, O, C, S, and no Mint Mark. The one Peace Dollar being released is expected to have no mint mark on it.

The coins will each be offered for sale at different times later this Month through June, but even the U.S. Mint states on their website that the coins will begin shipping in October. Please note that, given the relatively low mintages and high demand, we expect the coins to sell out quickly. However, you need not worry. We fully expect to get a limited allocation of each coin and expect to offer them for sale in October only to our clients. If you wish to purchase these coins, either ungraded or PCGS or NGC graded YOU MUST EMAIL US FIRST! These coins will not be offered publicly at our wholesale prices, and any special offers will only be notified to clients via email. Pricing will be released in October once we confirm shipping and condition of the coins.

To be placed on our exclusive pre-order list just email David ([email protected]) or the Wholesale Trading department ([email protected]) with your request. Again, we will be contacting clients first based on availability to offer the coins at our Wholesale Prices before offering them publicly on our website.

Over the last couple years, I have been asked numerous times by clients and friends of my opinion of Bitcoin. My limited research showed it was a highly volatile investment, with lots of hype and limited liquidity. While watching Bill Maher last Friday night, I heard and saw a lot of information that I want to share. Please click on the above link to: Bill Maher Launched an Attack on Bitcoin.