Republic Precious Metals Exchange
9:00 AM – 5:00 PM (CST) | (800) 257.3253
Proof Gold – We need all denominations at Spot + $200 per ounce – All denominations.
All coins must have Original Government Packaging.
Call, email, or direct to confirm. Buy is for up to 150 ounces
We do business the old fashioned way, we speak with you.
(800) 257-3253
Monday thru Friday 7:00 AM – 3:00 PM PST
INTRODUCTION
Inflation hedging is of particular interest to investors today, as recent consumer price inflation numbers show inflation rising faster and higher than at any time since the global financial crisis more than a decade ago. In this paper we answer the following questions:
Question 1. Does inflation only matter to investors with liabilities denominated in real dollars?
Answer 1. No. We find that the hedge/no hedge decision does not depend on whether investor liabilities are denominated in real or nominal US dollars. In this paper we will show that high inflation periods are almost as bad on a nominal basis as they are in real terms, particularly when the cash return is zero.
Source: 12/30/2022 2:04:35 PM GMT | By FXStreet Insights Team
Strategists at HSBC remain neutral on Gold and Silver as they see muted momentum.
“Despite the recent bounce in commodity prices, we do not expect Gold and Silver to outperform in the coming months.”
“USD’s recent strength has weighed on metals, while higher rates and real bond yields create a competitive disadvantage for Gold compared to cash and bonds.”
See – Gold Price Forecast: XAU/USD to rebound slightly next year as Fed easing starts – ING
The 1852-O Liberty double eagle claims a substantial mintage of 190,000 pieces, but the issue circulated heavily in the regional economy at the time of issue and few examples were saved by contemporary collectors. As a result, the 1852-O is readily available in lower circulated grades, but it becomes very scarce at the AU58 level, and Mint State coins are rare. The PCGS population is 97 with 28 graded higher. This offering exhibits strong luster, that sparkles under light and contributes to this coin’s excellent eye-appeal.
Listed at $15,800 in the CDN CPG and $16,000 the NGC price guide.
Offered at $14,300 delivered.
We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage
Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.
Source: The Economic Times | Markets | By Pawan Nahar
Synopsis: Silver, other than being a precious metal, has more usage in the industrial sectors and thus, industrial demand also guides its movement. Furthermore, gold also holds influence over silver prices.
Silver witnessed a roller-coaster ride in 2022, thanks to increased volatility in the bullion market and industrial metals but managed to deliver around 15% returns to investors. The metal faced bouts of profit taking but geopolitical tensions kept its demand intact.
Silver, other than being a precious metal, has more usage in the industrial sectors and thus, industrial demand also guides its movement. Furthermore, gold also holds influence over silver prices.
Rahul Kalantri, VP-Commodities, Mehta Equities, said, “In the mid of 2022, we saw see a significant fall in silver prices because of the low industrial demand due to a global slowdown and a drastic jump in dollar index as well as bond yields.”
Silver has its own return characteristics and is an attractive commodity in the present market conditions.
NS Ramaswamy, Head of Commodities, Ventura Securities said, “The gold-silver ra ..
Source: FXSTREET By Anil Panchal
Silver price (XAG/USD) portrays an uptick to refresh the eight-month high at $24.30 during Wednesday’s Asian session.
The bright metal rose the most since November 04 the previous day, which in turn propelled the RSI (14) towards the overbought territory. As a result, the quote’s further upside appears doubtful.
This suggests hardships for the XAG/USD bulls as they approach the upper line of the seven-week-old rising trend channel, close to $24.75 by the press time.
Even if the Silver buyers manage to cross the $24.75 hurdle, the 78.6% Fibonacci retracement level of the metal’s March-September downside, near $24.90, as well as the $25.00 round figure, will challenge the commodity’s further advances.
The 1889-CC is the scarcest of the Carson City Morgans and one of the two biggest key dates in the series overall, trailing only the 1893-S in overall scarcity among circulation strikes. The mintage of 350,000 pieces was accomplished during the final quarter of the year, after the Carson City Mint reopened following a four-year hiatus in production during the first Grover Cleveland Administration. President Benjamin Harrison allowed the Nevada branch mint to reopen, being sympathetic to silver mining interests in the West.
Offered at $22,500 delivered.
We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage
Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.
Source: Written by Arundhati Sarkar for Reuters
Dec 21 (Reuters) – Gold prices eased in a tight range on Wednesday as the U.S. dollar firmed, although bullion was not far from a one-week high scaled in the previous session as traders looked ahead to impending economic data later this week.
Spot gold XAU= fell 0.2% to $1,813.23 per ounce by 0957 GMT, after rising more than 1% on Tuesday on the back of a dip in the dollar. U.S. gold futures GCv1 eased 0.2% to $1,822.70.
“After yesterday’s sharp rally, traders are waiting for fresh cues, especially from tomorrow’s GDP data and the performance of U.S. dollar,” said Hareesh V., head of commodity research at Geojit Financial Services.
Reports of a surge in COVID-19 cases in China may be another trend setter for the market, he said, adding prices are most likely to be choppy, possibly between $1,760 and $1,840.
The dollar index .DXY was firm on the day after a yen driven fall in the last session following a Bank Of Japan surprise policy tweak.
On the data front, the U.S. gross domestic product (third estimate) due on Thursday and the core personal consumption expenditure (PCE) price index scheduled on Friday are also on the investors’ radars.
Gold prices have risen nearly $200 since falling to a more than two-year low in late September as expectations around slower rate hikes from the Fed dented dollar’s allure.
“As we head into 2023, the Federal Reserve is expected to pivot in its rate hiking drive and the dollar is likely to soften, benefiting gold due to the inverted price correlation between the two assets,” Ricardo Evangelista, senior analyst at ActivTrades said.
While gold is traditionally considered a hedge against inflation it tends to loose its shine in a higher interest rate environment.
Source: By Haresh Menghani
Silver gains strong positive traction on Tuesday and rallies to a fresh daily high, back closer to the $24.00 mark in the last hour. The white metal, however, trims a part of its intraday gains and retreats to the mid-$23.00s heading into the North American session.
Given the recent bounce from a confluence comprising an ascending trend-line extending from November low and the 100-period SMA on the 4-hour chart, the bias seems tilted in favour of bulls. The positive outlook is reinforced by the fact that oscillators on the daily chart are holding comfortably in the bullish territory and have again started gaining traction on the 4-hour chart.
That said, RSI (14) on the 1-hour chart flashes slightly overbought conditions and holds back traders from positioning for any further gains. Nevertheless, the XAG/USD still seems poised to surpass the $24.00 mark and retest the multi-month top, around the $24.10-$24.15 area touched earlier this month. Some follow-through buying should pave the way for additional near-term gains.
On the flip side, the $23.30 horizontal support now seems to protect the immediate downside ahead of the $23.00 mark and the aforementioned confluence, currently around the $22.80 region. A convincing break below will negate the constructive set-up and prompt aggressive technical selling. The XAG/USD might then slide to the next relevant support near the $22.00 round figure.
Pop 1. Two Finer at NGC. Blast white. A meager mintage of 553,038 Barber Half Dollars was struck at the San Francisco Mint in 1904. Most of the mintage circulated heavily in the regional economy and few high-quality examples were saved by contemporary collectors. As a result, the 1904-S is one of the most challenging issues in the Barber Half Dollar series, especially in high grade. This spectacular Gem exhibits sharply detailed design elements. The virtually pristine brilliant surfaces are lustrous and appealing. Nice Price Guide comp, too!
Offered at $28,000 delivered.
We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage
Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.