April 2025 – Week 3 Edition
Mike’s Coin Recommendation
A couple of weeks ago, I shared with you one of my top rare coin picks in our 20/20 Program and there was more interest than we had coins available. As I promised with the first coin, I have been looking for others that I think would be a good buy from both a collector's, investor’s and set builder’s viewpoint, and I have come up with a key coin that is at the heart of our innovative 20/20 Program.
Designed by Bela Lyon Pratt, who was a student of the famed sculptor, Augustus Saint-Gaudens, the 1910 $5 Indian Gold Coin has a popular, unique fully incuse design and fits all criteria for rare collectible coins, plus it is a great starter coin for collecting sets of the $5 Indian series. There are only 24 coins in a complete date and mint set, which was produced intermittently by the U.S. Mint from 1908 through 1929.
It is the “Big Brother” to the Pratt-designed $2.5 Indian Gold coin, which also has the same incuse design. This 1910 $5 Indian Gold coin has a low population in MS64 condition, with only about 676 known to exist, as certified by PCGS and NGC combined. This rare gold coin would also be the key stopper specimen for people building popular eight-piece gold coin type-set collections.
As I previously wrote, my last recommendation sold out so fast that we had to increase the offers we made to buy more for our clients and finally reached a point where no more coins were available and we had to raise our bids. Do not let that happen to you. Take advantage of this opportunity for growth, beauty and rarity while I have these coins in stock. With such low populations in this condition, I predict they will only get harder to find in the future, as this gem has continued to show double-digit gains each year for the past five years and is currently trading at about half of its previous high.
Call our professional representatives today to learn more and add these coins to your collection.
Goldman Sachs Upgrades Its 2025 Gold Prediction From $3,300 to a Possible $4,500
On Tuesday, April 15, the major New York Investment bank, Goldman Sachs, upgraded its 2025 price target for gold from its previous $3,300 to a possible $4,500 per ounce by the end of the year, based on continued issues between China and the U.S.
As usual, the major banks are trend-followers, so as gold rises, we expect more big banks to raise their gold targets but we say the time to buy is now.
Gold Keeps Soaring While U.S. Stocks Decline!
“April is the Cruelest Month,” said poet T.S. Eliot at the beginning of his epic 1922 poem “The Waste Land,” and historically, April has been a good month for stocks but a rather flat month for gold. So far this month, however, the S&P 500 is down 4.4% and the Dow is down a similar 4.3% through Friday, April 11th, while gold is up over $100 per ounce (+3.2%).
In fact, gold is almost alone among rising assets so far in April since most commodities have suffered from the market’s “tariff tantrums,” which began on April 2nd. Copper is down 10.2%, silver is down 7.6%, natural gas is down 14.4% and crude oil is down 14% to a four-year low.
The CRB Commodity Index is down 7% since the start of April and the U.S. Dollar Index (DXY) is down 4.25% in April (it’s down 10% in the last three months, as we predicted). A decline in the dollar usually helps boost commodity prices but a sharp dollar decline isn’t helping commodities now.
Gold is rising in this environment in its role as a “crisis hedge” more than as an inflation hedge since the Consumer Price Index (CPI) was flat last week and the Producer Price Index (PPI) was negative. Gold prices increased the most on the two days those Index numbers were released (Thursday and Friday), rising $100 on Thursday and another $100 at one point on Friday. The U.S. Dollar Index (DXY) also tumbled on both those low-inflation days at the end of the week.
Our Partner, Kevin O’Leary, aka Mr. Wonderful, Supports High Tariffs for China
We have long cited China’s unfair trade practices and their habit of flooding the U.S. market with counterfeit products, especially fake “rare” coins and bullion products, often selling fake gold or silver coins under spot prices to lure gullible customers into buying these apparent “bargains.”
I have spent decades fighting and exposing counterfeiters and even instructing law enforcement at seminars around the country on what to watch out for. My expertise helped me in writing the consumer alert brochure for the Attorney General of Texas to distribute to citizens and also in consulting with the Federal Trade Commission. Over the years, I have noticed a similar trend when it comes to tracing counterfeits, they are primarily made in China, shipped to unscrupulous associates in the U.S. for distribution or advertised on websites like Wish.com, Alibaba, Facebook and eBay.
O’Leary, a long-time champion of small businesses in America and an outspoken investor featured by many news outlets, seldom holds back when commenting on China’s unfair trade practices. In a recent interview, he criticized China’s lack of reciprocity in global trade and accused them of “flooding the U.S. market with knockoffs,” which they often steal directly from U.S. businesses, without investing one dime in original research or paying the U.S. company for their research.
The man dubbed “Mr. Wonderful” by his fans reminded Americans that we make up more than one-fourth (26.1%) of the world’s GDP) and China can’t grow without access to U.S. consumers. They need us more than we need them, so O’Leary backs President Donald Trump’s call for high tariffs on China until they live under a rule of law and standard business ethics in their practices. In fact, O’Leary believes the tariffs on China should be as much as 400%. He wants accountability and no amount of talk or low tariffs has brought changes there yet.
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