What strategies are USAGOLD clients deploying now?
• Taking advantage of the high gold-silver ratio – especially in IRAs
• Buying US $20 gold pieces while premiums are at all-time lows
• Buying hard-to-get pre-1933 European gold coins at bullion-related prices
Here’s a quick snapshot-breakdown on each:
Taking advantage of the high gold-silver ratio – especially in IRAs
We have processed several swaps of gold to silver within IRA’s over the past 30 days. At the moment, the ratio is almost 88 to one. We haven’t seen the ratio that high in twenty years. In fact, the only higher ratio over the past 30 years came in 1990 at 100 to one. The ultimate goal for most investors is to end up with more gold by trading the silver back for gold when the ratio narrows, thus ending up with more ounces of gold. That strategy worked well in both the early 2000s and in 2007-2008 just before the credit bubble implosion. If you have an interest in taking advantage of this market opportunity, give us a call and we will be happy to walk you through the numbers and help you with the transaction.
For those, who own gold but don’t own silver, now would be a good time to add balance to your precious metals portfolio while prices are cyclically low.
Here’s a gold-silver ratio chart for your review –
Buying U.S. $20 gold pieces while premiums are at all-time lows
Gold investors like to buy off the bargain table and the premiums on U.S. $20 gold pieces are now at all-time lows. The volume in this area over the past six months at USAGOLD has been nothing short of remarkable with a large number of six-figure transactions processed. There are a variety of options too numerous to list here. Too, we try to fit the items purchased to the particular objectives the client has in mind. Once again, the best way to go about this is to talk with your broker directly. At times, we pick up special opportunities at good prices and we can pass those savings along.
Buying hard-to-get pre-1933 European gold coins at bullion-related prices
We offered a special last week of Australia minted British sovereign gold coins that sold out in less than three hours – a testament to the strength of this market. It doesn’t hurt that gold itself is bumping along lows, but when you add to thae appeal with difficult-to-obtain items at a low premium, the offer tends to sell out quickly. We now have a number of smaller lots available (including the French 40 franc lot posted below) that we can offer to those with an interest – pre-1933 European and South American gold coins at bullion-related prices. Call for details and to find out what we now have available.