Best Prices on Physical #Platinum #Bullion– Avoid Paying for #Numismatic Value. Best Prices on Physical Platinum Bullion. As I mentioned in my article on platinum last weekend, one major drawback to owning the physical metal as an investment can be liquidity.
Buying platinum bullion is easy. But selling large, investment-sized holdings can be a hassle. So I don't recommend owning a lot of physical platinum as an investment. Nevertheless, selling a few ounces of platinum is not going to be too troublesome. And there might be a circumstance where you'll most benefit from a fast, cash transaction. Among the most affordable (and liquid) platinum bullion coins on the market right now is the one ounce Canadian Platinum Maple Leaf.
First minted in 1988, the Platinum Maple Leaf is the official platinum bullion coin of Canada and is considered one of only two standards as far as platinum bullion coin investment vehicles – the other one is the American Platinum Eagle. Canadian Platinum Maple Leafs command a much lower premium in the retail market than Platinum Eagles. Until then, Luke BurgessEnergy and Capital. Congressman Demands Answers From the Treasury Secretary and Federal Reserve Chairman About US #Gold Holdings and Policies. Congressman Demands Answers From the Treasury Secretary and Federal Reserve Chairman About US Gold Holdings and Policies. Congressman Alex Mooney (R-WV) continues to impress as one of the most important members of Congress.
Earlier this month, he introduced a bill calling for a return to the gold standard. As the month closes, Mooney has sent a letter to Treasury Secretary Steve Mnuchin and Federal Reserve President Jerome Powell. In the letter, Mooney coolly states "I wish to learn more about activities of the Federal Reserve and U.S Treasury involving gold. " He then asks what the U.S. government's current policy on gold is. He concludes with questions about gold swap activity, other derivative activity and if any transactions have been conducted by the U.S. government in gold or gold derivatives with the Bank for International Settlements, the Bank of England or other central banks or governments.
-Robert Wenzel. Key Chart Shows #Silver at Critical Crossroads. Key Chart Shows Silver at Critical Crossroads. By Stefan Gleason of Money Metals Exchange The precious metals had drifted lower through Thursday’s close, but they got a big boost Friday after the Labor Department released disappointing jobs numbers.
Even though the official unemployment rate held steady at 5.1%, the number of jobs added in September fell short of analyst expectations. Worse, a record 94.6 million Americans of working age now aren’t working. Most of these jobless Americans don’t get counted as “unemployed” – making the unemployment rate a dubious statistic. It’s so obviously unrepresentative of real-world realities that even mainstream financial reporters are catching on. Silver surged more than 5% on Friday to finish the week in positive territory and rallied another 2% on “Monday”.
Silver Prices Winding Up for Potential Breakout The metal with the most momentum in terms of investor interest is silver. Silver spot prices haven’t been affected – at least not yet. Comment Here! Comments.