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	The Hidden Cost Of Inflation - Why Gold Outshines Bonds In An Era of Currency Destruction
	In a world where the money supply is expanding at an unprecedented rate, the persistence of inflation is hardly a shock... Daniel Lacalle
	Silver Continues To See Volatile Moves
	The silver market initially fell hard in the early hours of Thursday but has since turned things around to show signs of strength and support... Christopher Lewis
	What Could China's Astonishing Gold-Buying Spree Mean For The World?
	China is in the midst of a massive gold-buying spree. Consumer demand for the trusty commodity is skyrocketing... Daniel Coughlin
	Gold Slips On Profit-taking
	Gold prices fell over 1% on Wednesday as the gold rally cooled with investors booking profits... Reuters
	Gold Leaps To Fresh All Time High
	At the 1968 Olympics Dick Fosbury over-turned the conventional way of high jumping with a new back flip securing both a gold medal plus a record all time high... Ross Norman
	$2,500 Gold Is In Play This Week – James Stanley
	Gold prices have broken out of a near-term bearish technical pattern and the yellow metal is poised once again to surpass its all-time highs... Ernest Hoffman

Last Friday, Gold closed at $2,332 per ounce, down $85.30 per ounce for the week. Gold reached a high of $2,452 on Monday (a new All-Time high) before seeing heavy profit taking later in the week. Our markets may have been closed over the long Memorial Day Holiday weekend but many of the largest precious metal markets were open. In Asian and European markets, Gold moved above $2,350 per ounce.

Many of the world’s largest central banks have increased their purchases this year, and when they buy, it’s metric tons, not ounces. These central banks rarely talk about the price direction of Gold, but many of the largest financial institutions do.
Goldman Sachs sees the price of Gold at $2,700 per ounce in 2024, while Bank of America, Citibank, and many others are predicting Gold will be much higher by year-end.

Today: This morning as Gold rolled out of European trading it was $2,342 per ounce, but quickly bounced back above the key $2,350 level as it moved into the U.S. on excellent volume. A combination of a weaker US Dollar and strong European and Chinese demand is influencing the traders in our commodity markets.

The Silver price really got hit last week, dropping from Monday’s high of $32.75 per ounce to close the week at $30.33, down $1.28 per ounce for the week. However, Silver also found strong demand over the holiday weekend in Asian and European markets. Silver tested the $32 per ounce level on Monday in Europe. The longer Silver stays above the key $30 per ounce support level, the better for both the short-term and long-term price.

Silver has a past history of being very explosive when it breaks above $30 per ounce. In 2010 Silver moved from $30.10 on February 10th to $49.70 on April 25th, that’s a 65% move in only 74 days. During that time, Gold was only trading at $1,500 per ounce, which was a Silver-to-Gold ratio of 30.18-to-1. If we were to get to that same ratio again, Silver would need to be $77.80 per ounce based on the current Gold price.

Today: Silver continues to be the leader in the precious metal markets as it quickly rallies in Asia, Europe and the U.S. markets from Friday’s close of $30.33 back above the $32 level on fresh buying.

U.S. Mint Delays 2024 Proof Gold Buffalo Release
With the release of the 2024 Proof Gold Buffalo being delayed by the Mint about a month from May to June, we wanted to update our clients about this change. As far as we are aware, the US Mint has not given any formal press release of the change and simply made a minor calendar update that we found in the process of requesting coins to offer at our wholesale prices. With the change we fully expect to offer the 2024 Proof Gold Buffalo graded by PCGS or NGC, or ungraded in original mint packaging. We also fully expect to offer pre-order requests in the next couple of weeks, assuming no further delays by the Mint, with our exclusive Lowest Price Guarantee again!

If you have any interest in the coin please feel free to contact [email protected] with your request now to get on the top of the list as it is a completely FREE SERVICE! Alternatively, you can simply reply to the pre-order request email we expect to send within the next 2 weeks. If you have any questions about this future pre-order please feel free to contact our office toll free at 888-454-0444 or email [email protected].

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