March 2025 – Week 1 Edition
Do Your Research When Seeking Out a Good Deal
As I have tried to teach people for years, if a deal sounds too good to be true, it probably is and that is especially true with offers promising below spot prices on unlimited numbers of precious metals and rare coins. It just doesn’t happen, at least not legitimately, unless it is used as a loss-leader in advertising for new customers, offering a strict limit of only one or two coins per person.
This past month, I was approached by a friend of a friend who had purchased a few coins from my company through the years. They were very happy with their coins but they were recently on Facebook and saw American Silver Eagle coins in a “Last Day Special Sale 50% Off” advertisement pop into their newsfeed. The dealer was not reputable.
Unfortunately, the ad got them and although it was only for a small amount of money, a very sweet elderly lady was duped into buying what turned out to be counterfeit silver coins from a company using an abandoned storefront as its business address in San Franscisco.
I cannot stress enough that real American Silver Eagle coins are not being sold online in quantity for $20.65 by legitimate coin dealers. Using the spot price of silver listed by Yahoo Finance on the day this transaction took place, one American Silver Eagle would cost my company $36.76. While there are loss-leaders in marketing programs, no legitimate company that I know would take a $16 loss, or more, on a coin unless they were advertising a limited number of coins and only targeting their offer towards new customers. So, I implore you, please know who you are buying silver, gold and rare coins from. There are hundreds of people online trying to rip off unsuspecting and uneducated buyers when it comes to precious metals. By the time the coins get to you, the company already has its money and is utilizing a new list of websites and advertisements to defraud someone else.
Make sure you buy from a reputable coin dealer rated A+ by the Better Business Bureau and who has a track record of involvement in the precious metals and numismatic field. In addition to winning more than 70 local, state and national awards, I have been named the Coin Dealer of the Year and one of the Best Coin Graders of All Time. But even if you don’t buy from us, make sure your coin dealer has a solid reputation. Do a little research before taking a chance on being cheated out of your hard-earned money and being left with worthless counterfeit coins.
Gold and Silver Shine in the First Two Months of 2025
Precious metals were up by double digits through the last week of February but then they corrected on the final two days to close up 9.1% (gold) and 9.5% (silver) so far in 2025. This was well above the major stock market indexes, ranging from +3% for the staid old 30-stock blue-chip Dow Industrials to a -3% for the small-stock Russell 2000, a -2.4% for the once-hot tech-oriented NASDAQ Composite and +1.24% for the benchmark S&P 500.
From the table shown below, you may notice that stock indexes and commodities rose in January but all investments except gold fell in February. Silver was the clear winner in January, up 11%, and gold was the sole winner in February, up 2%. The CRB Commodity Index rose 2.43% and is a weighted measure of 19 commodities. It gives only 7% weight to precious metals, 13% to base and industrial metals, with heavier weight to agriculture (41%) and energy (39%) sectors.
These trends continued in the first days of March, with gold and silver up strongly, while stocks continued their 10-day slide. This is a good time to remind investors that gold is a solid long-term investment, up 10-fold in the past 25 years vs. 4-fold stock gains, so gold makes for a good choice for your IRA – for long-term tax-advantaged savings in a proven long-term winner.
Tariffs Could Resurrect Inflation
Our goal as investors isn’t to align with one party or candidate but to invest based on reality. The famous entrepreneur, investor and our partner, Kevin O’Leary, calls gold both a stabilizer and an insurance policy for your investment portfolios. He tells me he likes gold because it acts as a hedge against inflation and it has a negative correlation with stocks and other investments.
That’s why “Mr. Wonderful” and I recommend you store and save gold for immediate access and also save some in a long-term IRA account. When you choose dealers, always select one with decades of experience and multiple industry awards for excellence and customer service. I have authored the consumer alert, “Investing in Gold Coins” for Texas Attorney General, Ken Paxton, which was published by his office, showing our commitment to the welfare of all coin buyers.
Call your representative now and inquire about placing more gold in your IRA before inflation returns with a vengeance later this year, driving gold above $3,000 and perhaps $3,500 and beyond.
Gold began March with a rise back to $2,900 while stocks continued their slide. On the first trading day of March (Monday, March 3), gold leaped up $55 (+2%) and silver is up $0.90 (+3%), while crude oil fell 2% and the major stock market indexes were down between -1.5% (Dow Jones) and -2.64% (NASDAQ). So the trends of the first two months of 2025 are continuing in March as global uncertainty and rising inflation lift the precious metals. As of Monday’s close, Gold is up 10% for the year, while the S&P 500 is down 0.5%.
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