Posted on June 20, 2013
Gold and silver have plunged to historic lows this morning after FOMC Chairman Ben Bernanke indicated the Fed would likely slow down their economic stimulus packages in the relatively near future.
At the time of this writing, gold is down $80 on the day, sitting at $1,294. Silver is down nearly $2, currently at $19.87. Both of these prices represent multi-year lows and excellent buying opportunities.
By staying ahead of the demand, we have been able to secure large quantities of our most popular products. Our website indicates exact shipment dates for delayed items (if any), and we aim to ship our in stock products within 3-5 business days of completed payment.
Presently, we have large surpluses of American Silver Eagles, Canadian Silver Maple Leafs, OPM Silver Rounds and Bars, and more. We have priced all of these products aggressively to be the lowest in the retail market at all quantity tiers.
For the time being, premiums across the board are still relatively low as compared to April, when premiums skyrocketed shortly after a similar drop in gold and silver prices. We do expect premiums to shoot up again in the next 24 hours, so we encourage customers to take advantage of the low price and low premium combination while it remains available.
We also are running a one-time special on Rand Year of the Snake silver bars, and have priced them as our lowest priced silver bar from only $1.05 over spot per ounce.
Thank you for your business, and we look forward to servicing you during these times of low prices and value.