People are asking me “Why are the metals prices lagging when physical demand is so high?”  Please remember that only about 10% (some would argue 5% or less) of the dollar volume in the market is for the physical metals products. Fully 90% plus of the trade in metals are for some form of derivative of the underlying asset – ETF’s, leveraged ETF’s, futures, options, options on futures, leases, straddles, swaps, etc. – you name it. If the global trading market can devise a way to create a derivative of an asset, and thus be able to leverage it, or even short it or long it without owing the underlying asset, they will take full advantage.

If you want to own sound money, diversify out of a declining fiat dollar, and enjoy the privacy that precious metals offer, now is a good time to get started or to add. But please manage expectations for short time appreciation and maintain a longer term time horizon.

The post Why are Metals Prices Lagging? appeared first on Fisher Precious Metals.

We will be serving existing clients first and will do our best to accommodate new clients as we are able. In all cases, we will limit order quantities in an attempt to serve as many of our existing customers as possible.

All orders will be required to be paid by same day federal reserve bank wire transfer or by overnight check. Unfortunately, we will not be unable to make any exceptions.  Orders not paid same day by wire transfer or next day by overnight check will be canceled at our discretion.

We expect our call volume to exceed our ability to immediately answer calls and/or return calls in a timely manner. We suggest that you leave a message with our answering service and/or send an email to info@fisherpm.com. We will do our best to return all calls, but please know that we may not be able to return all calls in a timely manner.

Finally, these are unprecedented times. But please also bear in mind that for long time silver buyers, this is exactly the time we’ve waited for! Be thankful that you have the silver position that you already do, and if we’re able to help you add to it, we’ll do everything in our power to do so.

Thank you and God bless you, John and Lynn Fisher

The post Fast Market Silver Policy appeared first on Fisher Precious Metals.

IF BIDEN WINS
Gold and Silver will both move higher as conservatives worries about loss of privacy and increased government control is realized (guns, gold, cash, taxes, regulation, health care, BLM, AOC, etc.). After both Obama elections in 2008 and 2012, and the prospective Hillary victory in 2016, premiums on all forms of precious metals moved higher, with 90% pre-1965 ‘junk’ silver rising 40% overnight. Don’t forget money printing which will resume with a vengeance. 

IF TRUMP WINS

Gold and Silver coul­d sell off as a result of the perceived continuance of the conservative agenda. However, more “free” money is the peoples’ desired solution of all things unfortunate.  With the precedent set earlier this year for a trillion here, and a trillion there, we have more trillions in our future. Gold and Silver will rise on the back of a dollar that continues to go down the toilet.

Action to Take

Irrespective of what you think will happen, or what actually happens, you should have your desired core position in place. That is the most important consideration. In my opinion, precious metals’ first role is insurance against any and all things negative. It’s second role is as wealth preservation. It’s third role is as appreciation. In that order.  Period. 

Highly Recommended:

I strongly recommend E.B. Tucker’s book “Why Gold, Why Now” available on Amazon here. 

Best Buys:

Gold: 1 oz Swiss Gold Bars

Silver: 90% Pre-1965 Junk Silver or 1 Oz Silver Canadian Maple Leaf coins

“The desire of gold is not for gold. It is for the means of freedom and benefit.” Ralph Waldo Emerson

The post Election Outcomes and Precious Metals appeared first on Fisher Precious Metals.

Investment industry veteran E.B. Tucker shows listeners the gold market from the inside.

This 3-part book breaks gold down into must know sections:

1. Why Gold?: History reveals an ugly pattern of governments spending tomorrow’s hard-earned savings today leaving unknowing savers holding the bag.
2. Why Now?: Recent events foretell a dangerous future for money today.
3. A Gold Market “How To” Manual: From bars to coins and everything in between Tucker walks listeners through the gold market in simple terms.

There’s a reason why the world’s elite count gold as a core asset. During periods of financial turmoil, it’s invaluable.

Gold is the only asset that’s not someone else’s liability. Apartments rely on paying tenants, stocks rely on company profits, bonds rely on stable interest payments. Gold doesn’t rely on anyone or anything for its value.

Tucker guides investors in simple terms through the ways to own gold, from physical bars, to coins, and even mining stocks. He reveals his favorite method, gold royalty companies.

From a financial novice to an investment professional looking to get up to speed on the gold market, Why Gold? Why Now? is the essential guide to the world of gold.

We are also honored to be one of E.B. Tucker’s recommended dealers in the book.

About E.B. Tucker

Mr. Tucker previously wrote The Casey Report, a monthly investment advisory founded by legendary resource speculator Doug Casey. Prior to joining Casey, he served as the analyst and lead analyst on Stansberry’s Investment Advisory and The Bill Bonner Letter respectively. Before joining Stansberry, Mr. Tucker was a founding partner of KSIR Capital Management; an asset management firm focused on precious metal equities. He also co-founded KSIR Capital, a corporate finance advisory firm focused on the precious metals industry. He holds a B.Sc. in Business Administration with a focus in Finance from the College of Charleston in Charleston, South Carolina.

The post “Why Gold, Why Now?” appeared first on Fisher Precious Metals.

Our firm has experienced record volume over the last couple of weeks. We have implemented a temporary $1,000 minimum order to facilitate and fulfill as many orders as possible. We are also limiting our current product availability to provide you with items we know currently have supply from the mint to market makers and our firm. This will likely change daily, and you will see those changes reflected on our website.

NOTE: Due to extreme order volumes, please expect shipping delays of 15+ business days.

We have also turned the online cart off on our website due to the the extreme volume we have experienced. We can more quickly fulfill orders via phone utilizing wire transfers, as the common fraudulent attempts at online orders cease and the time it takes to vet orders is eliminated for our team.

Finally, as Coronavirus concerns mount, please remember that which truly matters: Psalm 145:15 The LORD is near to all who call upon Him, To all who call upon Him in truth.

Please do not hesitate to call us at (800) 390-8576. We are here to serve as many people as efficiently as possible. As always, we thank you for your business, and truly appreciate your patience during this time.

The post Volatile Market Policies and Ordering Guidelines appeared first on Fisher Precious Metals.

August 7, 2019

Gold has broken through the major psychological barrier of $1,500 an ounce on early trading Wednesday August 7^th.  Global economic concerns continue to be the top headlines. Bloomberg said this morning that equity markets are beginning to show pre-recession characteristics.

“Yields are collapsing, and gold is soaring,” said Peter Cardillo, chief market economist at Spartan Capital Securities. “That’s raising concern about the impact of the trade war on the economy.”

Gold has strengthened in recent months as the U.S. / China trade posturing, stagnant and slowing global growth and an easing monetary policy by major central bands

Goldman Sachs has stated that it does not expect a trade deal between the U.S. and China next year’s presidential election.  Morgan Stanley warned that if the trade war continues it could cause a world economic recession sometime next year per CNBC.

WHAT TO DO?

Buy or continue to buy gold in modest amounts.  Choose low premium items such as Maple Leaf’s, Eagles and 1 oz bars.

I would even more strongly recommend  that you consider silver and / or platinum.  The price argument for both is very compelling.  See charts below.  Please call to discuss.

Quote:  “Paper money goes down to its intrinsic value – zero.”

Voltaire, French poet, historian & philosopher ( 1694 – 1778)

The post Gold Has Broken Through $1,500 – Don’t Miss the Two Best Bargains in the Market Today! appeared first on Fisher Precious Metals.

The Gold:Silver ratio may be breaking down.   It recently peaked at a 93:1.  It hasn’t been this high since 1991 – almost 30 years.  See chart below:

Could the ratio go higher?  Sure.  But there is a much greater probability that it is beginning to retrace.  Silver may not be this cheap relative to gold in our lifetimes.

Action:

• Buy low premium silver with new monies

Or

• Swap a portion of your existing gold holdings for silver.   Swapping involves no outlay of monies.  As a basic example, if you swapped 1 oz of gold at a ratio of 90:1, you would get 90 oz of silver.  Should the ratio retreat to 45:1, you swap back your 90 oz of silver for 2 oz of gold.  No cash outlay.  Twice as many ounces of gold as when you started.  Please play on approximately 6% for bid/ask spread and brokerage fees round trip.  Caveat:  One has to patiently wait for the ratio to retreat.  I practice this strategy with my personal holdings.  John

Please call our office if you would like to discuss your personal situation.

Quote:  ” Gold is the sovereign of all sovereigns”
Democritus, Greek philosopher

The post SILVER ARBITRAGE OPPORTUNITY OF A LIFETIME! appeared first on Fisher Precious Metals.

By John Murphy

Editor’s Note: This article was originally published in John Murphy’s Market Message on Friday, July 12th at 11:39am ET.

Gold is more than just a commodity. Gold is sometimes also viewed as an alternate currency. When global traders lose confidence in their currency, they often turn to gold as an alternative store of value.

Since gold is quoted in dollars, it rises in value when the dollar weakens. That’s one way for investors to preserve their wealth when the Fed starts to lower rates and weaken its currency. Gold recently rose to a six-year high on falling U.S. interest rates which have weakened the dollar (aided by a more dovish Fed). So gold is rising in dollar terms. The true hallmark of a bull market in gold, however, is its ability to rise relative to other major currencies. And it’s doing just that.

Chart 1 compares this year’s performance in the Gold (red bar to the left) relative to the world’s major currencies. That includes (in order of relative strength) the Canadian Dollar, Japanese yen, U.S. Dollar, Swiss franc, Aussie Dollar, British pound, and the Euro. And it shows Gold doing better than all of them.

Chart 2 is even more graphic by showing those same currencies relative to the price of gold which is plotted as the zero line. Clearly, all of them are losing value relative to gold.

With global growth slowing, central bankers around the world have taken a more dovish turn toward monetary stimulus which usually weakens their local currencies. The Fed is the most recent central bank (and the biggest) to telegraph lower interest rates and a weaker dollar. That may be one of the main reasons that global traders have turned to gold as a new store of value. Since gold is a non-interest bearing asset, it also does better when global rates are dropping.

Chart 1

Chart 2

“The desire for gold is the most universal and deeply rooted commercial instinct of the human race.”

Gerald M. Loeb

The post Gold is Doing Better Than The World’s Major Currencies appeared first on Fisher Precious Metals.

First, will today’s breakout last?  Who knows – no one!  Iran shoots down a drone – is that a flash in the pan or the start of something real?

It is very difficult for many to buy on a breakout.  Shucks, I could have purchased yesterday or last week for considerably less.  And if I do buy, are prices going to retreat next week?

The best advice I can give is to not buy anything today and wait to see if these prices stick.  Futures speculators love volatility and they are getting it in spades today.

What I would strongly encourage you to consider is swapping (trading) a portion of your gold for silver or platinum.  Both metals are as cheap as they have been relative to gold for the last 20 years.  That is not going to last.  This WILL turn around.  No one knows when, but it will.  I have personally swapped a significant amount of my gold holdings into silver and platinum.

As a result I expect to realize a 50 – 100% increase in silver and platinum ounces for the gold I swap.

How does it work?  We will buy your gold and sell you low premium platinum or silver.  We reduce our commissions by 50% on both sides of the trade so as to not double dip.  There are premiums and bid/ask spreads that will consume approximately 5% of the trade but that will quickly disappear as the ratios decline over time.

Here are the charts:

If you would like to discuss this strategy and determine whether it fits your individual situation, we would be happy to visit over the phone with no pressure, no obligation.

Quote:  “The history of paper money is an account of abuse, mismanagement, and financial disaster.”

Richard M. Ebeling

The post The metals have broken out! Should I buy? What should I buy? appeared first on Fisher Precious Metals.

Yes, it is true, Valcambi SA intends to acquire Republic Metals Corporation, a refiner located right here in Miami.  What the press release (dated October 29, 2018)  fails to specifically mention, is that on Friday, November 2nd, Republic Metals Corporation filed for Chapter 11 bankruptcy.  They did note that the two companies were working through the logistics of the planned integration, of which step one appears to be a bankruptcy filing.  You can see the original filing from earlier today here.

As a best practice, we have put all of the Republic Metals Corporation products in an “Out of Stock” status until we are fully assured that Valcambi has achieved full control of their product and shipments.

BALERNA, Switzerland /PRNewswire/

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