My name is Shawn Ozbun, and our goal is to keep you up to date with what’s going on in the world of Gold and Silver by providing you with current news and precious metals pricing.
The Silvertowne Vault Cast is brought to you by www.Silvertowne.com
Hello thanks for joining me today for another SilverTowne Vault Cast. Today we are going to cover two topics. We are going to go over an article titled “owning gold bullion can help boost your global net worth.” And another article about the coming silver frenzy! I think both of these are very interesting.
Also before I get start we had a comment left in the iTunes store and I wanted to read the feedback really quickly.
Thank you Shawn for your professional insight and opinions on the precious metals market, and on the economy too. Very helpful, please know that some appreciate your work. If more people listened to this radio show, I think they would be more informed about our nation's future. Thanks for always putting the time in for the show; keep the consistency!
Thanks a lot for your feedback, I really appreciate that. If any of you would like to leave some feedback or comments you can do that in the iTunes store or on our YouTube channel. You can also email me any feedback at vaultcast@silvertowne.com
Monday is Christmas Eve so there will not be a SilverTowne Vault Cast but we will be back for our normal Thursday show.
Now let’s get into today's precious metals pricing!
Gold - $1667.19 Up $1.50
Silver - $31.08 Up $ .09
Platinum - $1585.00 Up $1.50
Palladium - $687 Up $.50
Financial News:
Owning Gold Bullion Can Help Boost Your Global Net Worth! Here’s Why
Today’s world is as uncertain as any we’ve seen in some time. Sovereign-debt crises threaten major economies in Europe and Japan and the fiscal state of the United States is the worst in non-wartime history! It’s no surprise, then, that investors are becoming increasingly attracted to the safety, anonymity and purchasing-power preservation that comes with bullion ownership. That being said, one of the most-often-overlooked benefits of bullion is its ability to help you increase your wealth across currencies, so today I’ll show you how owning physical metals — and the most-precious of them all, gold in particular — can help you to boost your global net worth!
Bump up Your Buying Power: Long Gold Means Being Short Every Other Currency in the World!
Gold bullion is the answer to the currency wars, because it is the only asset you can own that simultaneously lets you short every other currency in the world — all at the same time.
While most people watch the gold price in dollars, keep in mind gold is also priced in euros, yen, won and every other currency. In fact, most people don’t realize that, while gold has had a nice run in U.S. dollar terms, gold priced in yen and euros has produced equally good returns, and at some points even-better returns than the gold price in dollars so, unlike insurance policies, bond holdings or other “safe” investments, gold bullion has the ability to rise in value against every currency in the world — at the same time! Read More...
Coming Silver frenzy may last decades
LONDON(BullionStreet): A decade long silver frenzy is on the horizon as the widening gap at silver-gold ratio is leaving plenty of room for silver to surge in its historic relation to gold prices.
Analysts said widened ratio is an indication about a surge in price for silver and it's been a fact that during periods of monetary crisis, such as the 1970s, the price of silver tends to increase much more than the price of gold.
Growing industrial demand for silver makes it a tough nut to crack as it is not easy to substitute any other metal in for practical, industrial uses requiring silver.
Most analysts are agreed on one fact that silver's expanding usage in a large number of industries may help to offset the general weakness in the global economy.
A silver frenzy decade is on the way and investors are the first batch to enjoy the creamy layer of the much awaited profits, they added. Read More...
Thanks for listening to the Silvertowne vault cast. You can find our show on YouTube and I would love it if you would subscribe and as always our show can also be found in the iTunes store.
For the best source for acquiring gold and silver please contact Silvertowne at 1-877-477- coin, that’s 1-877-477-2646 or you can visit us at www.silvertowne.com. Silvertowne has been a trusted precious metals and numismatics dealer since 1949.
One of the most common ways to invest in silver is with silver ingot . They are affordable, portable and easy to stack and store. Popular SilverTowne Trademark Silver Bars, featuring a classic prospector and his donkey, are guaranteed .999 fine silver and available in 1, 5 and 10 ounce sizes and SilverTowne is currently offering free shipping for these ingots. Contact Silvertowne today.
[Disclaimer] Shawn Ozbun is not a licensed financial adviser, there is risk associated with all investment including gold and silver. You should seek advise from a licensed financial expert before making a purchase.
