After watching gold soar $50 an ounce after the unexpected half-point Fed rate cut on Tuesday, it was clear to investors across the globe that the gold bull market is in full force. Gold has surged a whopping $350/oz. over the past twelve months, leaving silver and platinum prices behind.
Silver prices have risen 15% during the past year, but they are still well below their all time highs. In fact, silver would have to TRIPLE in value to reach the all-time high from 2011. Furthermore, the gold to silver ratio is approaching an all-time high right now, taking nearly 96 ounces of silver to get one ounce of gold. The historic ratio is approximately 20:1.
Platinum is said to be twenty times rarer than gold in the earth’s crust, yet it trades for half the price of gold today.
We have never seen such a price discount
in our thirty years of business. The spot price of platinum is down $120 an ounce from just two weeks ago creating a compelling opportunity.
We feel both of these precious metals are temporarily overlooked and undervalued at this moment in time. We have secured a new shipment of brand new, 2020 American Eagles in both silver and platinum from the U.S. Mint and we’re recommending them without hesitation at current levels.
Check out our special pricing on-line! If you’re looking to place a larger order or save 3% by using check or wire, just call 1-800-928-6468 to let our team of Austin Advisors help you load up at current levels.
