Happy New Year – what is happening at GBA and precious metal investing
Welcome to 2018! The team at GBA is back after a lovely long holiday and we are ready for an exciting year! Please allow for a few delays as we process orders and arrange to ship.
Precious metals investing is an intriguing industry at present driven by politics, economics and cryptocurrency. Last year we witnessed fascinating activity as many considered diversifying their portfolios, and at GBA we have been positively engaged in activity with December turning out to a massive month in terms of sales and buybacks. As we reopened our doors this week the trend has continued with interest in gold, silver and platinum.
You can visit our charts and prices page to see what has happened to spot pricing for gold, silver, platinum and palladium.
Also coming up in the marketing calendar for interested investors and gift givers:
Chinese New Year is Friday 16 February.
This is a popular time for precious metal investors or those looking for a gift that promises wealth and prosperity.
To celebrate we have the beautiful range of Lunar coins from Perth Mint.
The faithful and loyal Year of the dog coins are available in gold and silver:
Valentines Day – 14 February
This beautiful minted bar from the world-renowned bullion brand PAMP is .a most coveted gift for Valentines Day “Love Always” minted bars are available in:
5 gram
10 gram
1 oz
Also, an update and suggested links to support your investment decisions, from our colleague David Mitchell
An update from our colleague David Mitchell – Sunday 14 January 2018
The US$ has been hit across the FX markets, on the back of the ferocious attacks on Trump and impeachment worries, plus global US Treasury demand falling away, seems the markets are all running to one side of the boat (we know what happens when the structure of the market is totally one sided – it reverses violently in crisis) , even though the crazy US tax cuts is going to lead to massive corporate overseas funds being drawn back to the USA (buying US$) but also the increase in US public debt and deficit increases sharply coming down the train tracks.
We also have the world debt crisis escalating exponentially and the overall US$ carry-trade is now reported at over 25 trillion US$ (market short US$ and will have to buy to unwind) by the BIS themselves.
The world is heading for a spectacular global sovereign debt crisis (even Goldman Sachs and the FED themselves are now talking about it), which will push interest rates higher (higher rates are positive for gold price!)
A perfect storm indeed for a very dynamic and substantial metals revaluation in the years ahead.
Thought you might like these articles plus another video to give a clearer picture of what is really going on.
Have a great week.
David J Mitchell l Founder and Partner
Recommended reading from David Mitchell:
Here Comes the Debt Tsunami: Goldman Warns Treasury Issuance to More Than Double In 2019
“We expect net marketable borrowing to increase from $488bn in FY2017 to $1030bn in FY2018.”
CLICK FOR FULL ARTICLE
The Strange Case Of The Falling Dollar – And What It Means For Gold
“Once stocks begin to collapse in the wake of Fed hikes and balance sheet reductions (and they will), and uncertainty in the fate of the dollar swells, gold will bounce back stronger than ever. In the meantime, I would treat any drop in precious metals as a major buying opportunity. Gold is one of the few assets that always does well during times of crisis.”
CLICK FOR FULL ARTICLE
Gold: The Once and Future Money with James Rickards
What is money? How is gold a monetary standard? James Rickards explains:
Is BREXIT in Trouble? Can Britain Survive Past 2042-2044 …